Sula ipo gmp

The Rs 960.35-crore IPO by Sula Vineyards, India’s largest wine producer and seller, will open for public subscription today. Ahead of the IPO, the company finalised allocation of 8,070,158 shares to anchor investors at Rs 357 a piece, aggregating Rs 288.10 crore. The IPO is an offer for sale (OFS) of 2.69 crore shares to be sold in the Rs 340-357 price band. Last heard, the IPO was commanding a grey market premium (GMP) of Rs 34 apiece, which suggests prospects of single-digit listing gains. "At the issue price of Rs 340-357, the stock is trading at 51.3 times/53.8 times its FY2022 earnings, which is at discount to the large peers. The discount to peers could be justified by risk related to high concentration of buyers and state government grants on VAT contribute to a large part of its profitability. Consequently, the scope for handsome listing gains is limited as of now. However, investors could look at the stock in case of weakness post its listing," Sharekhan said Sula Vineyards is the market leader across all four price segments (Elite, premium, economy and popular) and also the market leader across all the wine variants namely red, white and sparkling wines. Sula's company’s business is broadly classified under two categories wine production, the import of wines and spirits, and the distribution of wines and spirits and sale of services from ownership and operation of wine tourism venues, including vineyard resorts and tasting rooms. "Considering the lower wine ...

Sula Vineyards Sula Vineyards IPO: Subscription Status Retail investors and high networth individuals turned active on the first day itself, buying 48 and 18 percent of their quotas respectively. But qualified institutional buyers are yet to put in their bids for the offer. They already have invested Rs 288.10 crore in the company via the anchor book. Half of the offer has been reserved for qualified institutional buyers, 15 percent for high networth individuals (non-institutional investors), and the remaining 35 percent for retail investors. Sula Vineyards IPO: Important Dates Ahead of the IPO, anchor investors will be allowed to bid in Sula Vineyards on 9 December. The company is expected to start crediting shares to allotees on 21 December and the stock may debut on exchanges on 22 December. Sula Vineyards IPO: Lot Size Investors can bid for a minimum of 42 equity shares and in multiples of 42 equity shares thereafter. Sula Vineyards IPO: Shareholders Promoter Rajeev Samant with other selling shareholders, including Cofintra SA, Haystack Investments, Saama Capital III, SWIP Holdings, Verlinvest France SA, Verlinvest SA and others, will participate in the OFS. Sula Vineyards IPO: Financials For the year ended on March 31, 2022, the company reported a total revenue of Rs 456.7 crore with a net profit of Rs 52.14 crore, which was Rs 421.53 crore and Rs 3.01 crore in the year-ago period.Sula Vineyards’ bottomline stood at Rs 30.51 crore with total revenue of Rs 225.76 crore...

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Sula Vineyards IPO description – The company is India’s largest wine producer and seller as of March 31, 2021. It has been a consistent market leader in the Indian wine industry in terms of sales volume and value (on the basis of the total revenue from operations) since Fiscal 2009 crossing 50% market share by value in the domestic 100% grapes wine market in Fiscal 2012. It has consistently gained market share (on the basis of its total revenue from operations) from 33% in Fiscal 2009 in 100% grapes wine category to 52% in value in Fiscal 2020 and further increased to 52.6% in Fiscal 2021. Its business operates under two categories: (i) The production of wine, the import of wines and spirits, and the distribution of wines and spirits (“Wine Business”) and (ii) The sale of services from ownership and operation of wine tourism venues, including vineyard resorts and tasting rooms (“Wine Tourism Business”) Currently, the company produces 56 different labels of wine at four owned and two leased production facilities located in the Indian states of Maharashtra and Karnataka. It serviced close to 8,000 hotels, restaurants and caterers and experienced a significant rise in Off-trade sales in the last 3 years with Off-trade sales contributing 72.25% of secondary sales during Fiscal 2022, compared to 61.33% in Fiscal 2020. Sula Vineyards has build a large distribution network among wine companies in India, with close to 13,000 retail touchpoints across the country in 2021. It also h...

Check out Landmark Cars IPO GMP aka IPO Grey Market Premium, Kostak rates, and Subject to Sauda rates as of today. Landmark Cars IPO GMP is gone now. Stay tuned for the latest IPO GMP numbers of Landmark Cars IPO. Landmark Cars IPO is to open on December 13. The company is to raise ₹552 crores via IPO which comprises a fresh issue of ₹150 crores and an offer for sale of up to ₹402 crores from promoters. Landmark Cars Limited is one of the largest networks of a car dealerships in the country with 115 state-of-art facilities in eight states. They have dealerships for premium automobile brands like Mercedes-Benz, Volkswagen, Honda, Jeep, Renault, and BYD. They also do commercial vehicle retail business in Ashok Leyland in India. The company reported revenue of ₹1420 crores in 2022 (6 months) against revenues of ₹1966 crores in 2021. The IPO price band is fixed at ₹481 to ₹506 Per Equity Share. The Landmark Cars IPO to list on NSE and BSE. What is Landmark Cars IPO GMP Today? The Landmark Cars IPO GMP aka Grey Market Premium is Disc. What is Landmark Cars IPO Kostak Rates Today? The Landmark Cars IPO Kostak Rate is ₹-. What is Landmark Cars IPO Subject to Sauda Price Today? The Landmark Cars IPO subject to sauda rates is ₹-. Landmark Cars IPO Expected Returns? The Landmark Cars expected return is 0%. Date GMP Kostak Subject to 23 December Disc ₹- ₹- 22 December Disc ₹- ₹- 21 December Disc ₹- ₹- 20 December Disc ₹- ₹- 19 December Disc ₹- ₹- 17 December Disc ₹- ₹- 16 December Di...

Sula Vineyards IPO will be open date Announced Soon. Sula Vineyards IPO GMP Kostak rate and Subject to Sauda updated as of Today. Sula Vineyards IPO Grey Market Premium has been Started with Low Premium Rates, We need to wait for the rates to change with the Market Sentiment in a few days or to Stabilize the Rates. Check Sula Vineyards ltd is India’s largest wine producer and seller. The company are also recognized as the market leader across wine variants, including red, white and sparkling wines. Sula Shiraz Cabernet is India’s largest selling wine by value in Fiscal 2021. Sula introduced grape varietals such as Chenin blanc, Sauvignon blanc, Riesling and Zinfandel in India and is the leading player in the Indian wine industry. Sula introduced grape varietals such as Chenin blanc, Sauvignon blanc, Riesling and Zinfandel in India and is the leading player in the Indian wine industry. The company business production of wine, the import of wines and spirits, and the distribution of wines and spirits (the “Wine Business”); and the sale of services from ownership and operation of wine tourism venues, including vineyard resorts and tasting rooms (the “Wine Tourism Business”). What is Sula Vineyards IPO Kostak Rates Today? ■ The Sula Vineyards IPO Kostak rate is₹0. What is Sula Vineyards IPO Subject to Sauda Price Today? ■ The Sula Vineyards IPO Subject to Sauda rates is₹0. Sula Vineyards IPO Approximately Returns? ■ The Sula Vineyards IPO’s approximate return is%-%. And it can...

Sula Vineyards IPO: The country’s largest winemaker Sula Vineyards on Wednesday fixed the price band at Rs 340 and Rs 357 per share for its Rs 960 crore initial public offering (IPO). The company produces 56 different labels of wine at four owned and two leased production facilities located in Maharashtra and Karnataka. Belgium-based Verlinvest has put over $70 million into the company. Sula Vineyards IPO: Subscription Dates The company said its Sula Vineyards IPO: Issue Size The public issue with a face value of Rs 2 per equity share is a pure offer-for-sale (OFS), including up to 2,69,00,530 equity shares, by the existing shareholders and promoters of the company. Sula Vineyards IPO: Important Dates Ahead of the IPO, anchor investors will be allowed to bid in Sula Vineyards on 9 December. The company is expected to start crediting shares to allotees on 21 December and the stock may debut on exchanges on 22 December. Sula Vineyards IPO: Lot Size Investors can bid for a minimum of 42 equity shares and in multiples of 42 equity shares thereafter. Sula Vineyards IPO: Shareholders Promoter Rajeev Samant with other selling shareholders, including Cofintra SA, Haystack Investments, Saama Capital III, SWIP Holdings, Verlinvest France SA, Verlinvest SA and others, will participate in the OFS. Sula Vineyards IPO: Financials For the year ended on March 31, 2022, the company reported a total revenue of Rs 456.7 crore with a net profit of Rs 52.14 crore, which was Rs 421.53 crore and...

Incorporated in 2003, Nashik-based Sula funds is India's largest wine producer and seller. It has a bouquet of popular brands, including Sula, RASA, Dindori, The Source, Satori, Madera, and Dia, among others. Last heard, the shares of Sula Vineyards were trading flat or at a discount of Rs 5-10 in the grey market. The scrip is likely headed for a flat listing at the bourses. The company's Rs 960 crore IPO was sold in the range of Rs 340-357 per share, and received a muted response, with over 2.33 times subscriptions between December 12-14. The quota reserved for qualified institutional buyers (QIBs) was subscribed 4.13 times, while the one reserved for non-institutional investors (NIIs) and retailers was subscribed 1.51 times and 1.65 times, respectively. 3) Under the issue name, select Sula Vineyards Limited in the dropbox 4) Write the application number 5) Add the PAN card ID 6) Click on 'I am not a Robot' and hit submit. You can also check the allotment status on the online portal of KFin Technologies Limited ( The registrar is a Sebi-registered entity, qualified to act as such, which electronically processes all applications, and carries out the allotment process, as per the prospectus. The registrar is responsible for complying with the timelines for updating the electronic credit of shares to successful applicants, dispatching, and uploading refunds, and attending to all investor-related queries after the issue is completed. 1) Go to the web portal of KFin Technologi...

Sula Vineyards Sula Vineyards IPO: Subscription Status Retail investors and high networth individuals turned active on the first day itself, buying 48 and 18 percent of their quotas respectively. But qualified institutional buyers are yet to put in their bids for the offer. They already have invested Rs 288.10 crore in the company via the anchor book. Half of the offer has been reserved for qualified institutional buyers, 15 percent for high networth individuals (non-institutional investors), and the remaining 35 percent for retail investors. Sula Vineyards IPO: Important Dates Ahead of the IPO, anchor investors will be allowed to bid in Sula Vineyards on 9 December. The company is expected to start crediting shares to allotees on 21 December and the stock may debut on exchanges on 22 December. Sula Vineyards IPO: Lot Size Investors can bid for a minimum of 42 equity shares and in multiples of 42 equity shares thereafter. Sula Vineyards IPO: Shareholders Promoter Rajeev Samant with other selling shareholders, including Cofintra SA, Haystack Investments, Saama Capital III, SWIP Holdings, Verlinvest France SA, Verlinvest SA and others, will participate in the OFS. Sula Vineyards IPO: Financials For the year ended on March 31, 2022, the company reported a total revenue of Rs 456.7 crore with a net profit of Rs 52.14 crore, which was Rs 421.53 crore and Rs 3.01 crore in the year-ago period.Sula Vineyards’ bottomline stood at Rs 30.51 crore with total revenue of Rs 225.76 crore...

Incorporated in 2003, Nashik-based Sula funds is India's largest wine producer and seller. It has a bouquet of popular brands, including Sula, RASA, Dindori, The Source, Satori, Madera, and Dia, among others. Last heard, the shares of Sula Vineyards were trading flat or at a discount of Rs 5-10 in the grey market. The scrip is likely headed for a flat listing at the bourses. The company's Rs 960 crore IPO was sold in the range of Rs 340-357 per share, and received a muted response, with over 2.33 times subscriptions between December 12-14. The quota reserved for qualified institutional buyers (QIBs) was subscribed 4.13 times, while the one reserved for non-institutional investors (NIIs) and retailers was subscribed 1.51 times and 1.65 times, respectively. 3) Under the issue name, select Sula Vineyards Limited in the dropbox 4) Write the application number 5) Add the PAN card ID 6) Click on 'I am not a Robot' and hit submit. You can also check the allotment status on the online portal of KFin Technologies Limited ( The registrar is a Sebi-registered entity, qualified to act as such, which electronically processes all applications, and carries out the allotment process, as per the prospectus. The registrar is responsible for complying with the timelines for updating the electronic credit of shares to successful applicants, dispatching, and uploading refunds, and attending to all investor-related queries after the issue is completed. 1) Go to the web portal of KFin Technologi...