Hello investors and we have really important initial public offering news about Sula Vineyards Limited. People have been searching for this initial public offering because it is India’s largest wine producer and seller as of March 31 2021 and it is distributing several popular brands all around the globe that’s why it is attracting a lot of eyes hand It may turn out very profitable. So the company was established in 2003 and it is classified into two categories production of wine and sales services from ownership. Follow Our website TheGossipsWorld Media for the latest updates on Business News!!!!!
Sula Vineyards Limited IPO
It has more than 56 different labels of wine and 2 production facility is located in Maharashtra and Karnataka they have created a massive distribution network across the country with more than 13000 retail availability. We want to have a strong direct consumer and they are working it through wind tourism business facilities in Maharashtra they have more than 2000 acres of land as of now. Talking about some finances of this organization than it had a total of 831 crore acid in March 2020 and the revenue was 523.
Sula Vineyards Limited IPO Opening Date
With a total net worth of 302 till borrowing was 368, all the values are in crore. Sudden talking about the financial year 2021 in march month the total asserted dropped to 751 and the total revenue also dropped to 421 but the profit after tax increased severely and the net worth also increased and the total borrowing decreased. Then for this year 2022, the total assets are 758 total revenues are 456 total profit after tax is 52 and the net worth also increased by 91 crores.
Sula Vineyards Limited IPO GMP Today & Lot Size
The initial public offering is still available and the face value is 2 rupees per share and the issue size is 25,546,186. QIB Shares Offered are Not more than 50% of the Offer and the Company Promoter is Rajeev Samant. The contact information is https://www.sulavineyards.com/,N.S. Phadke Marg, Andheri (East), Mumbai 400 069 Maharashtra. You should look into this company and we don’t have any recommendations as of now. This offer will be closing in December so you will have to make your decision.
Sula Vineyards Limited IPO Issue Date & Review
Some people may say that it is very comparable to United Spirits and it may seem like a minor or junior version BUT IT is very different when we talk about the main motive of the business which is direct to consumers they are still growing up after 19 years and they will surely be returning to the consumers. you can apply it with Zerodha or GRoww.Still, there are summer facts left to make a decision. We will be back with some more updates until then stay tuned to our website.