Sula Vineyards is India’s largest wine producer and seller, with more than 50% market share in the domestic wine segment. The Nashik-based wine maker has been recognised as the market leader across wine variants, including red, white and sparkling wines. The firm distributes wines under a bouquet of popular brands like Sula, its flagship brand, besides other popular brands like RASA, Dindori, The Source, Satori, Madera & Dia.

The company primarily operates in two categories:
  • wine production, import of wine and spirit, and sales and distribution of wines and spirits.
  • sales and services from ownership and operation of wine tourism venues.

Objects of the Issue

Achieve the benefits of listing the Equity Shares on the Stock Exchanges.

Company Financials

IPO Details

IPO Tentative Timetable

Sula Vineyards IPO opens on Dec 12, 2022, and closes on Dec 14, 2022.

IPO Lot Size

The Sula Vineyards IPO lot size is 42 shares. A retail-individual investor can apply for up to 13 lots (546 shares or ₹194,922).

IPO Promoter Holding

Pre Issue Share Holding - 28.44%
Post Issue Share Holding - 27.33%