Page 2 - Sula Wines

Three IPOs to hit primary market next week to raise Rs 1,858 crore

Three companies -- Sula Vineyards, Landmark Cars and Abans Holdings -- are set to launch their initial public offerings (IPOs) next week to collectively raise Rs 1,858 crore. The initial share sales of wine producer Sula Vineyards and Abans Holdings, the financial services arm of Abans Group, will open for public subscription on December 12, while that of automobile dealership chain Landmark Cars will begin on December 13, data with stock exchanges showed. This comes after 10 companies had floated their IPOs in the month of November. In 2022 so far, as many as 33 companies have come out with their IPOs to mop up over Rs 55,000 crore. In 2021, 63 IPOs raised more than Rs 1.19 lakh crore, as per the data. Ankit Yadav, Founder and Director of Market Maestroo, said all the three IPOs are coming at a time of interest rate hikes. Generally, there is an opportunity for making wealth from IPOs in low-rate scenarios where borrowing is easy. "So today in high rates, the businesses who are

Sula Vineyards IPO: Rs 288 crore worth of shares for anchor investors

Some of the anchor investors who participated in the allotment include Abu Dhabi Investment Authority, Goldman Sachs, BNP Paribas, and SBI Contra Fund among others

Sula Vineyards sets price band at Rs 340-357 per share for IPO

The public issue will be entirely an offer for sale (OFS) aggregating to 26,900,532 equity shares by the promoter, investors and other shareholders

Wine maker Sula's IPO to open Dec 12, size Rs 900-1,000 crore, say sources

Entire issue will be OFS of nearly 27 million shares belonging to promoters and PE investors

Bikaji Foods International IPO subscribed 27 times; Medanta 10 times

Bikaji's IPO was entirely a secondary share sale worth Rs 881 crore, while Medanta consisted of Rs 1,705-crore secondary share sale and Rs 500 crore worth of fresh fund raise

Sula Vineyards eyes double-digit revenue growth in next five years

The company has filed its draft prospectus with Sebi and is awaiting approval for its IPO

26-yr-old winemaker Sula to test Indian IPO market after tech unicorns flop

Sula Vineyards Ltd., which last month filed for an initial public offering, says it has over a 50% share of India's small but rapidly growing wine market

Goblet full for big wineries, small ones hit rock bottom amid Covid-19

Indian wine companies have necessarily had to adapt to the new normal of markets and consumer behaviour.

Virus carriers to regional heroes: Bats save the day for French vineyards

As the 2020 harvest started early, a lot is riding on the region's vintage amid a spate of challenges

The best of Indian wines

The quality (and price) of wines made in India improves/increases each year and there's no question that our best wines are today much better than most imported wines priced at the same level.

The six categories of wine drinkers

Constellation Wines US had instituted Project Genome which grouped American wine consumers: enthusiasts, image seekers, savvy shoppers, traditionalists, satisfied sippers, and overwhelmed drinkers

Wine investment firm Amphora ropes in Cecilia Oldne to oversee India biz

Sweden-based Oldne has been engaged with Indian wine company Sula since 2007, and also represents Sweden-India Business Council in India

Eclipse: Sula squeezes grapes into scotch to create a new whisky

The Eclipse, with its vanilla and fruity palette, is easy to drink on the rocks