ListedMainboardSULA

SULA VINEYARDS LIMITED

SULA VINEYARDS LIMITED is a mainboard IPO raising ₹960 Cr at ₹340 – ₹357 a share. It listed on 22 Dec 2022 and trades at ₹160 today, −55.1% against its issue price of ₹357. It was subscribed 2.33× in total.

357
Issue price
160
Price now
−55.1%
Since issue price
22 Dec 2022
Listed on
2.33×Subscribed (final) · all exchanges

2.3 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹340 – ₹357
Cut-off price₹357
Issue size₹960 Cr
Shares per lot42
Minimum application₹14,994
Minimum quantity42
Face value₹2
Listing exchanges
ISININE142Q01026
Bidding hours10:00 – 17:00 IST
Bidding window12 Dec 2022 – 14 Dec 2022

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.