Sula Vineyards IPO day 2 subscription live details

13 Dec 2022 , 11:15 AM

Sula Vineyards IPO opens for subscription on December 12. The company has fixed price band of Rs 340-357 a share for its Rs 960.35 crore initial public offering (IPO).

The company has reserved 50% for qualified institutional buyers (QIBs), 15% for non-institutional investors and the remaining 35% for retail investors.

Check the live subscription of Sula Vineyards IPO at 11 AM on December 13 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	–	0.00
Non Institutional Investors(NIIs)	40,35,080	8,61,042	0.21
Retail Individual Investors (RIIs)	94,15,186	59,02,344	0.63
Total	1,88,30,372	67,63,386	0.36

(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.

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