Sula Vineyards IPO

Sula Vineyards Limited

₹14,280 /42 sharesMinimum Investment

Sula Vineyards IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
BSE & NSE₹357.00₹341.00-₹16.00 (4.48%)

Sula Vineyards IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
12 Dec ‘22 - 14 Dec ‘22₹14,28042₹340 - ₹357
Issue SizeIPO Doc
960.35Cr
RHP PDF

Subscription Status As on 14 Dec '22, 5:20 PM

  • Qualified Institutional Buyers
    4.13x
  • Non-Institutional Investor
    1.51x
  • Retail Individual Investor
    1.65x
  • Employees
    0.00x
  • Total
    2.33x

About Sula Vineyards

Sula Vineyards Limited is India’s largest wine producer and seller as of March 31, 2022. It has been a consistent market leader in the Indian wine industry in terms of sales volume and value. Sula is also recognized as the market leader across wine variants, including red, white, and sparkling wines. Sula’s business can be broadly classified under two categories: Wine Business: the production of wine, the import of wines and spirits, and the distribution of wines and spirits Wine Tourism: the sale of services from ownership and operation of wine tourism venues, including vineyard resorts and tasting rooms Currently, it produces 56 different labels of wine at four owned and two leased production facilities located in the Indian states of Maharashtra and Karnataka. Sula is the pioneer of wine tourism in India with many firsts to its credit, such as the first wine tasting room in India, the first vineyard resort, the first wine music festival and the first winery tours at its facility in Nashik, Maharashtra. ;
Parent Organisation
Sula Vineyards Limited
Founded
2003
Managing Director
Rajeev Samant
3 upcoming IPOs: Should you apply? | Sula Vineyards IPO | Landmark Cars IPO | Abans Holdings IPO

Strengths & Risks

  • Here are some strengths of Sula Vineyards Limited:
  • Controlled competition due to high barriers to entry
  • Established market leader in the Indian wine industry with the leading brand “Sula”
  • Largest wine producer in India with a wide and innovative product offering supported by an efficient production mechanism
  • Largest wine distribution network and sales presence
  • Secured supply of raw materials with long-term contracts exclusive to Sula
  • Leader and pioneer of the wine tourism business in India
  • Early adoption and focus on sustainability
  • Experienced Board and qualified senior management team
  • Here are some risk factors associated with Sula Vineyards Limited:
  • The industry is subject to a licensing and excise regime with changing laws, rules and regulations and legal uncertainties, including the adverse application of corporate and tax laws
  • The reduction or elimination of import duties on international wines in India
  • Adverse climatic conditions impacting the quality of wine grapes
  • Any disruptions in the supply of raw materials
  • Failure to adapt its product offerings to changing market trends and consumer tastes, preferences, and spending habits

Financials

*All values are in Rs. Cr
No Graph Data To Display
ⓒ 2016-2023 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 3.6.9
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  ICICI PRUDENTIAL |  HDFC |  NIPPON INDIA |  ADITYA BIRLA SUN LIFE |  SBI |  UTI |  FRANKLIN TEMPLETON |  KOTAK MAHINDRA |  IDFC |  DSP |  AXIS |  TATA |  L&T |  SUNDARAM |  PGIM |  INVESCO |  LIC |  JM FINANCIAL |  BARODA PIONEER |  CANARA ROBECO |  HSBC |  IDBI |  INDIABULLS |  MOTILAL OSWAL |  BNP PARIBAS |  MIRAE ASSET |  PRINCIPAL |  BOI AXA |  UNION KBC |  TAURUS |  EDELWEISS |  NAVI |  MAHINDRA |  QUANTUM |  PPFAS |  IIFL |  Quant |  SHRIRAM |  SAHARA |  ITI

ABOUT GROWW