31 Mar 2020
Assets831.04
Total Income523.21
Profit After Tax-15.94
NET Worth299.95
Reserves and Surplus0.00
Total Borrowing368.24
At a glance
Updated 2026-09-17The shares listed at ₹358.00, a 0.28% move from the issue price. Sula Vineyards is a Mainboard IPO with an issue size of ₹960.35 crore, proposed for listing on BSE, NSE. The offer opens on 12th Dec 2022 and closes on 14th Dec 2022. The issue structure includes an offer-for-sale component of ₹960.35 crore. The current listing schedule points to 22nd Dec 2022.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹960.35 Cr
Offer for sale₹960.35 Cr
Face value₹2
Price band₹340.00–₹357.00
Allotment19th Dec 2022
Listing22nd Dec 2022
Listing performance
Full performance ↗Issue price₹357.00
Listing price₹358.00
Current price—
Listing gain0.28%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMPNO GMP
GMP / upper priceNO DATA
Est. listing₹342.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens12th Dec 2022
Closes14th Dec 2022
Allotment19th Dec 2022
Refund20th Dec 2022
Demat21st Dec 2022
Listing22nd Dec 2022
Subscription demand
Full bidding ↗Total2.33×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 42 | ₹14,994 |
Company
Incorporated2003
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue225.76₹ Cr · -50.6% vs prior year
PAT30.51₹ Cr · -41.5% vs prior year
Assets770.95₹ Cr · +1.6% vs prior year
Net Worth449.19₹ Cr · +13.6% vs prior year
Borrowing214.64₹ Cr · -6.2% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2021
Assets751.60
Total Income421.53
Profit After Tax3.01
NET Worth304.74
Reserves and Surplus0.00
Total Borrowing301.26
30 Sep 2021
Assets717.55
Total Income160.46
Profit After Tax4.53
NET Worth344.32
Total Borrowing262.45
31 Mar 2022
Assets758.56
Total Income456.70
Profit After Tax52.14
NET Worth395.26
Reserves and Surplus0.00
Total Borrowing228.93
30 Sep 2022
Assets770.95
Total Income225.76
Profit After Tax30.51
NET Worth449.19
Total Borrowing214.64
KPIs
| KPI |
|---|
| ROE |
| ROCE |
| Debt / Equity |
| RoNW |
| PAT Margin |
Valuation & shareholding
Pre-IPO EPS6.53
Pre-IPO P/E49.24
Post-IPO P/E.
Promoter holding pre28.44%
Promoter holding post27.33%
Market cap₹3005.90 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Sula Vineyards IPO | — | 49.24 x | — | — |
| Allied Blenders IPO | — | 1000.00 x | — | — |
| Ravi Kumar IPO | — | 34.04 x | — | — |
| Empee Distilleries IPO | — | 63.90 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Fees payable to the BRLMs including underwriting commission, brokerage and selling commission, as applicable | ₹34.00 Cr |
| Selling commission and processing fees for SCSBs (1)(2) and Bidding Charges(3)(4)(5)(6) for Members of the Syndicate, Registered Brokers, RTAs and CDPs | ₹2.62 Cr |
| Fees payable to the Registrar to the Offer | ₹0.01 Cr |
| Other expenses: | — |
| Listing fees, SEBI filing fees, book building software fees and other regulatory expenses | ₹3.75 Cr |
| Printing and stationery expenses | ₹1.36 Cr |
| Advertising and marketing expenses | ₹3.57 Cr |
| Fees payable to the legal counsels to the Offer | ₹6.15 Cr |
| Fees payable to the other advisors to the Offer# | ₹2.84 Cr |
| Miscellaneous | ₹2.26 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- Kotak Mahindra Capital Co.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-17.
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