Incorporated in 2003, Sula Vineyards Limited is India’s largest wine producer and seller as of March 31, 2022.
It is the market leader in the Indian wine industry in terms of sales volume and value since Fiscal 2009. Its market share has increased from 33% in Fiscal 2009 in the 100% grapes wine category to 52% in Fiscal 2022.
It is one of the fastest growing alcoholic beverage companies in India as of March 31, 2021, with a CAGR of 13.7% between Fiscals 2011 and 2022.
It produces 56 different labels of wine with 13 distinct brands including the flagship brand Sula, RASA, Dindori, The source, Satori, Madera and Dia.
It also sells services from ownership and operation of wine tourism venues, including vineyard resorts and tasting rooms. Its vineyards are among the top ten most followed vineyards in the world, with a large following on social media.
It is the pioneer of wine tourism in India with many firsts, 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
Financial Snapshot (Rs in Cr)
Period Ended | Total revenue from ops | EBITDAE | PAT | Total Assets | EPS |
---|---|---|---|---|---|
Sep 30, 2022 | 224.07 | 64.31 | 30.51 | 770.95 | 3.71 |
March 31, 2022 | 453.92 | 116.07 | 52.14 | 758.56 | 6.53 |
March 31, 2021 | 417.96 | 64.51 | 3.01 | 751.60 | 0.38 |
March 31, 2020 | 521.63 | 50.49 | -15.94 | 831.04 | -2.01 |
For more information, you can check the IPO Prospectus filed by the company
Important information regarding the IPO
Issue Period | 12th December - 14th December 2022 |
---|---|
Price Band | ₹ 340-357 |
Minimum Bid Quantity | 42 and multiples thereof |
Face Value | ₹ 2 |
Number of Shares | 26,900,530 shares |
Issue size | ₹ 960.35 Cr |
Date of Allotment | 19th December, 2022 |
Initiation of Refund | 20th December, 2022 |
Credit of shares | 21st December, 2022 |
Date of Listing | 22nd December, 2022 |
Mandate end date | 27th December, 2022 |
Anchor Investors Lock-in End Date | 12th January, 2023 |
How do I apply for Sula Vineyards Limited IPO?
You can apply for it using any supported UPI app by following two steps:
- Enter your bid on Kite
- Accept UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
Where do I check the allotment status for Sula Vineyards Limited IPO?
You can check the allotment status on the website of the Registrar and Transfer agent .
Alternatively, you can also check the allotment status on the NSE website.