Sula Vineyards IPO: Check day 3 live subscription details

14 Dec 2022 , 11:04 AM

Sula Vineyards IPO subscription will be closing today, December 14. The largest wine producer and seller of India aim to raise ₹960.35 crore from its public offer and it is completely OFS (offer for sale) in nature.

The company has fixed price band of the issue at Rs 340-357 per share. Investors who want to invest in the IPO needs to bid in the lot size of 42 shares and its multiples.

Check the IPO live subscription details on December 14 at 11:00 AM in the table below:

Sula Vineyards IPO	No. of shares reserved	No. of bids received	No. of times of total meant for the category
Qualified Institutional Buyers (QIBs)	53,80,106	14,658	0.00
Non Institutional Investors(NIIs)	40,35,080	20,89,920	0.52
Retail Individual Investors (RIIs)	94,15,186	1,07,98,032	1.15
Total	1,88,30,372	1,29,28,230	0.69

(Source: BSE website)

Nashik-based Sula Vineyards is the country’s largest wine producer and seller as of March 31, 2022. The company produces 56 different labels of wine at four owned and two leased production facilities in Maharashtra and Karnataka. Click here to subscribe Sula Vineyards IPO.

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