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Sula Vineyards Limited, founded in 2003, is India’s largest wine producer and seller as of March 31, 2022. The company also distributes wines under a variety of prominent brands such as “RASA,” “Dindori,” “The Source,” “Satori,” “Madera,” and “Dia,” with its flagship brand “Sula” being India’s “category creator” of wine.
The company’s operations are divided into two categories: I wine production, importation of wines and spirits, and distribution of wines and spirits (the “Wine Business”); and (ii) the sale of services derived from ownership and operation of wine tourism venues, such as vineyard resorts and sweetish rooms (the “Wine Tourism Business”).
The company currently manufactures 56 different wine labels at four owned and two leased production sites in the Indian states of Maharashtra and Karnataka.
In 2021, the company will have built the largest distribution network among wine brands in India, with around 13,000 retail touchpoints across the country.
In addition, the company has a strong direct-to-consumer (“D2C”) selling channel, which is primarily through the Wine Tourism Business facilities in Nashik and Bengaluru. As of September 30, 2022, Sula Vineyards Limited had entered into long-term supply agreements (of up to 12 years) with grape growers for approximately 2,290 acres.
IPO Date | Dec 12, 2022 to Dec 14, 2022 |
Listing Date | [.] |
Face Value | ₹2 per share |
Price | [.] to [.] per share |
Lot Size | – |
Issue Size | 26,900,530 shares of ₹2 (aggregating up to ₹[.] Cr) |
Offer for Sale | 26,900,530 shares of ₹2 (aggregating up to ₹[.] Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
QIB Shares Offered | Not more than 50% of the Offer |
NII (HNI) Shares Offered | Not less than 15% of the Offer |
Retail Shares Offered | Not less than 35% of the Offer |
Company Promoters | Rajeev Samant is the company promoter. |
Period Ended | Total Assets | Total Revenue |
31-Mar-20 | 831.04 | 523.21 |
31-Mar-21 | 751.6 | 421.53 |
30-Sep-21 | 717.55 | 160.46 |
31-Mar-22 | 758.56 | 456.7 |
30-Sep-22 | 770.95 | 225.76 |
Amount in ₹ Crore | ||
Period Ended | Profit After Tax | Net Worth | Total Borrowing |
31-Mar-20 | -15.94 | 299.95 | 368.24 |
31-Mar-21 | 3.01 | 304.74 | 301.26 |
30-Sep-21 | 4.53 | 344.32 | 262.45 |
31-Mar-22 | 52.14 | 395.26 | 228.93 |
30-Sep-22 | 30.51 | 449.18 | 214.64 |
Amount in ₹ Crore | |||
FY 2020 | FY 2021 | FY 2022 | |
EPS | (2.01) | 0.38 | 6.53 |
PE ratio | – | – | 52.07 – 54.67 |
RONW (%) | (4.60) | 0.85 | 11.45 |
NAV | 9.68 | 15.44 | 55.34 |
ROCE (%) | 4.09 | 10.67 | 20.86 |
EBITDA (%) | 9.68 | 15.44 | 25.57 |
Debt/Equity | 1.23 | 0.99 | 0.58 |
Listed On : NSE BSE
Issue Price : ₹340 to ₹357 per share
Listing Day Close :
Listing Day Gain :
NSE : NA
ISIN CODE : NA
BSE : NA
Opening Date | Dec 12, 2022 |
Closing Date | Dec 14, 2022 |
Basis of Allotment | Dec 19, 2022 |
Initiation of Refunds | Dec 20, 2022 |
Credit of Shares to Demat | Dec 21, 2022 |
Listing Date | Dec 22, 2022 |
Sula Vineyards Limited
901, Hubtown Solaris,
N.S. Phadke Marg,
Andheri (East), Mumbai 400 069 Maharashtra
Phone: +91 22 6128 0606
Email: cs@sulawines.com
Website: https://www.sulavineyards.com/
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: einward.ris@kfintech.com
Website: https://karisma.kfintech.com/
The Abans Holdings Limited IPO is a BSE NSE IPO of 42 equity shares of the face value of ₹2 per share. The issue is priced at ₹340 to ₹357 per equity share.
The issue size is priced at 26,900,530 shares of ₹2 (aggregating up to ₹960.35 Cr).
The Offer for sale priced at 26,900,530 shares of ₹2 (aggregating up to ₹960.35 Cr).
The initial public offering (IPO) begins on Dec 12, 2022 and ends on Dec 14, 2022. The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and NSE.
The Abans Holdings Limited IPO opens on Dec 12, 2022 and closes on Dec 14, 2022. The IPO Issue date may list on Dec 22, 2022.
Abans Holdings Limited IPO Market lot size is 42 Shares and the minimum order quantity is 42 Shares.
The finalization of Basis of Allotment for Abans Holdings Limited IPO will be done on Dec 19, 2022. and the allotted shares will be credited to your demat account by Dec 21, 2022. Check the Abans Holdings Limited IPO status.
The Abans Holdings Limited IPO listing date is on Dec 22, 2022.
Abans Holdings Limited IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
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