Exchanges
BSE, NSE
Issue
Book building

Sula Vineyards IPO

₹331.15

−7.24% on listing

Listing-day close · BSE · 22 Dec 2022 · issue price ₹357

Sula Vineyards’ ₹960 crore IPO was priced at ₹357 a share. It listed on the BSE on 22 Dec 2022 and closed its first day at ₹331.15, down 7.24% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹960 Cr
Fresh issue
—
Offer for sale
₹960 Cr
Lot size
42 shares
Minimum investment
₹14,994
Face value
₹2
Registrar
Kfin Technologies

Subscription

Sula Vineyards IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—1.93×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹3,006 Cr
ROE
13.19%
ROCE
20.86%
Debt to equity
0.58
PAT margin
11.49%
Promoter holding
28.44% → 27.33%

From the offer documents.

Listing

Listing date
22 Dec 2022
Issue price
₹357
Open
₹358.00
High
₹363.40
Low
₹328.60
Close
₹331.15

Listing day on the BSE. The close was −7.24% on the issue price.

FAQs

When did the Sula Vineyards IPO open and close?

It opened on 12 Dec 2022 and closed on 14 Dec 2022.

What was the Sula Vineyards IPO price?

The price band was ₹340–357 a share. The final issue price was ₹357.

What is the lot size and minimum investment?

One lot is 42 shares, ₹14,994 at ₹357 a share. Retail investors apply in whole lots.

How much did Sula Vineyards raise?

₹960 crore: ₹960 crore offered by existing shareholders.

How many times was the Sula Vineyards IPO subscribed?

1.93 times overall.

How did Sula Vineyards list?

It listed on the BSE on 22 Dec 2022 at ₹358.00 and closed the day at ₹331.15, down 7.24% on the ₹357 issue price.

Who is the registrar of the Sula Vineyards IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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