Sula Vineyards IPO, files DRHP with SEBI for IPO

Sula Vineyards IPO

The India’s largest wine producer and seller company Sula Vineyards IPO will be hit the market Soon. The Company has filed the DRHP of this IPO. According to DRHP, the company wants to raise ₹- crore through IPO. The company will issue fresh shares of ₹- crores through this IPO and will issue shares through offer for sale of 25,546,186 shares.

The company has reserved 50% for QIB, 15% for retail and 35% for NII in this IPO.

■ Update :

  • The Company has filed the DRHP of this IPO dated (18 July 2022).

Sula Vineyards ltd is India’s largest wine producer and seller as of 31 March 2021, The company are also recognized as the market leader across wine variants, including red, white and sparkling wines (Source: Technopak Report). 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.

Read also: Upcoming IPO List 2022

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”).

The company serviced close to 8,000 hotels, restaurants and caterers, which makes us the leader in terms of footprint among wine players in India, and experienced a significant rise in our Off-trade sales in the last 3 years with our Off-trade sales contributing 72.25% of our secondary sales during Fiscal 2022, compared to 61.33% in Fiscal 2020. We have tie-ups with distributors in Maharashtra, Haryana, Delhi, Goa and Punjab. To that end, we have managed to build the largest distribution network among wine companies in India, with close to 13,000 retail touchpoints across the country in 2021.

Object Of the Issue :

  • The Company will not receive any proceeds of the Offer for Sale by the Selling Shareholders.

Company Strengths :

  • High barriers of entry
  • Established market leader in the Indian wine industry with the leading brand “Sula”
  • Largest wine producer in India with the widest and innovative product offering supported by an efficient production mechanism
  • Largest wine distribution network and sales presence
  • Secured supply of raw material 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, qualified senior management team

Sula Vineyards IPO Review :

■ Coming Soon

Sula Vineyards IPO Date & Price Band & Details :

IPO Open :Update Soon
IPO Close :Update Soon
IPO Size :₹. Cr
Face Value :₹. Equity Share
Price Band :₹ – ₹ Per Share
Listing On :BSE, NSE
Issue Size :₹. Cr
Fresh Issue :₹. Cr
Offer For Sale :₹. Cr
Sula Vineyards IPO

Sula Vineyards IPO Market Lot :

Sula Vineyards IPO Minimum Market lot is – Lot with – shares with ₹- Application amount. The retail investors can apply up to – lots with – Shares or ₹- amounts.

Minimum Lot Size : Lot
Minimum Share : Shares
Minimum Amount :₹-
Maximum Lot Size :– Lot
Maximum shares : Shares
Maximum Amount :₹-

Sula Vineyards IPO Shares Offer :

A Total of – shares are to be bid for the public issue by Sula Vineyards IPO with – for Fresh issue and – for offer for sale Shares.

CategoryShares OffersAmount
Fresh issue :
Offer For Sale :
Total :

Sula Vineyards IPO Reservation :

Sula Vineyards IPO Total Reservation of – shares are to be bid for the public issue by Sula Vineyards IPO with – for QIB and – for NII – For RII & – Shares EMP.

CategoryReservationSharesAmount
QIB :50%
NII :15%
RII :35%
EMP :– %₹-
Total :100%

Sula Vineyards IPO EPS :

The Sula Vineyards company’s EPS growth is decreasing every year, which is shown to you in the table here.

YearEPS Growth in (Rs.)
2022₹6.53
2021₹0.38
2020₹2.01
Sula Vineyards IPO

Sula Vineyards IPO Peer Comparison PE :

The Sula Vineyards, According to DRHP of the company only few company is listed whose PE Multiple is shown in this table.

Sr. No.CompanyPE Ratio
1.Unitied Spirits Limited69.07
2.Radico Khaitan Limited45.94
3.United Breweries Limited116.82

Sula Vineyards IPO Dates :

Sula Vineyards IPO Date is Announced Soon. The allotment will be finalized on Announced Soon and the IPO may list on Announced Soon.

Open Date :Announced Soon
Close Date :Announced Soon
Allotment Date :Announced Soon
Refund Date :Announced Soon
Share Credit Date :Announced Soon
Listing Date :Announced Soon

Sula Vineyards IPO Form :

There are two ways to apply in Sula Vineyards IPO. You can apply for Sula Vineyards IPO through ASBA available in your bank account. You have to go to your online bank login and select Sula Vineyards IPO in the Invest section and apply through your bank account. Another option is you can apply for Sula Vineyards IPO through IPO form download through NSE and BSE. See the Sula Vineyards IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.

Sula Vineyards Company Financial Report (millions) :

YearRevenueExpensePAT
2022₹4,567.00₹3,406.29₹521.39
2021₹4,215.32₹3,570.20₹30.14
2020₹5,232.11₹4,727.18₹159.40
Sula Vineyards IPO

Company Promoters :

■ Chetan Rameshchandra Desai

Quick Link :

■ DRHP Draft Prospectus
■ RHP Draft Prospectus

Sula Vineyards IPO Lead Managers :

■ IIFL Securities Limited
■ CLSA India Private Limited
■ Kotak Mahindra Capital Company Limited

Sula Vineyards IPO Registrar :

KFin Technologies Limited
(Formerly known as KFin Technologies Private Limited)
Selenium, Tower B, Plot No 31 and 32,
Financial District, Nanakramguda,
Serilingampally Hyderabad,
Rangareddi 500 032,Telangana, India
Tel: +91 40 6716 2222
E-mail: [email protected]
Investor grievance e-mail: [email protected]
Website: www.kfintech.com

Note: Check Sula Vineyards IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here

Company Address :

Sula Vineyards Private Limited
901 Hubtown Solaris,
N.S. Phadke MargAndheri (East),
Mumbai 400 069Maharashtra, India
Telephone:+91 22 61280606, +91 22 61280607
E-mail: [email protected]
Website:www.sulavineyards.com

Sula Vineyards IPO FAQs :

What is Sula Vineyards IPO?
Sula Vineyards IPO is Mainboard IPO. They are going to raise ₹. Crores via IPO. The issue is priced at ₹-₹- per equity share. The IPO is to be listed on NSE, BSE.

When Sula Vineyards IPO will open?
The IPO is to open on Announced Soon for QIB, NII & RII.

What is Sula Vineyards IPO Size?
Sula Vineyards IPO size is ₹- Crores.

What is the Fresh issue size of Sula Vineyards IPO?
The Fresh issue size of Sula Vineyards IPO ₹- Cr.

What is the Offer For Sale size of Sula Vineyards IPO?
The Offer For Sale size of Sula Vineyards IPO ₹- Cr.

What is Sula Vineyards IPO Price Band?
Sula Vineyards IPO Price Band is ₹-₹- Per share.

What is Sula Vineyards IPO Minimum and Maximum Lot Size?
The minimum – Shares with ₹- amount while the maximum – shares with ₹-.

What is Sula Vineyards IPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35%.

What is Sula Vineyards IPO Allotment Date?
Sula Vineyards IPO allotment date is Announced Soon.

What is Sula Vineyards IPO Listing Date?
Sula Vineyards IPO listing date is Announced Soon. The IPO to list on NSE, BSE.

How to Apply the Sula Vineyards IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Sula Vineyards IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.

How to Apply the Sula Vineyards IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Sula Vineyards IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.

How to Apply the Sula Vineyards IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Sula Vineyards IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.

How to Apply the Sula Vineyards IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Sula Vineyards IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.

Sula Vineyards IPO GMP: Click Here

Sula Vineyards IPO Subscription: Click Here

Sula Vineyards IPO Allotment: Click Here

Sula Vineyards IPO Listing: Click Here

All Sula Vineyards IPO-related links are available here. If you want to know the details then click on Click Here Link.

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Sula Vineyards IPO, files DRHP with SEBI for IPO
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