Sula Vineyards IPO: Check Gmp As All Eyes On Shares Listing After Allotment

On the last day of the offer, Wednesday, December 14, 2022

the initial public offering (IPO) of Sula Vineyards was subscribed 2.33 times. 

The range of initial share sale prices was 340-357. 

Sula Vineyards' initial public offering (IPO) share allotment basis has been finalised

the listing of the company's shares is expected to take place this week.

There were bids for 4,38,36,912 shares in the offering, compared to 1,88,30,372 shares available. 

Total subscription was 4.13 times target for Qualified Institutional Buyers (QIBs), 1.65 times target for Retail Individual Investors (RIIs)