Sula Vineyards IPO Opens Today: Price, Financials, GMP

The Initial Public Offering (IPO) for Sula Vineyards is worth Rs 960 crore

it begins accepting subscriptions on Monday, December 12. 

Bids on the public issue can be submitted until 14 December 2022. 

The public issue price range has been set by India's largest wine producer and retailer at Rs 340 to Rs 357.

Existing shareholders and promoters of the company are selling up to 2,69,00,530 equity shares in a public issue with a face value of Rs 2 per share.

On December 9, anchor investors will be able to place bids on Sula Vineyards in advance of the IPO. 

On December 21st, the company will likely begin crediting shares to allotees, and on December 22nd