Check out the latest information on Sula Vineyards IPO Lot Size, including the GMP Today, share price, lot size, and allotment date. We provide comprehensive details about Sula’s shares, so you can stay informed. The IPO for Sula Vineyards is scheduled to begin on December 12, 2022. For more in-depth insights on Sula Vineyards, please read through the entire article.
Sula Vineyards IPO GMP Today Details
Sula Vineyards’ IPO is set to commence on December 12, 2022, and will run until December 14, 2022. The company has successfully raised more than INR 960 crores through its IPO and is also offering up to 26,900,530 equity shares from its promoters. Sula Vineyards Limited is the top wine producer in India, leading the way in promoting Indian wine globally.
Sula Vineyards Share Price Details
The Sula Vineyards IPO has set a price range of Rs 340 to Rs 357 per equity share, with a minimum purchase requirement of 42 shares. KFin Technologies has been appointed as the IPO registrar. The shares are expected to be listed on both the BSE and NSE. To provide all the critical information about the Sula Vineyards IPO, we have compiled a table for your convenience.
| Date of initial public offering (IPO) | 12 December 2022 to 14 December 2022 |
| Date of Listing | . |
| Face Value | 2 per share |
| Price | 340 to ₹357 per share |
| Sula Vineyards IPO Lot Size | 42 Shares |
| Issue Size | 26,900,530 shares of ₹2 (aggregating up to ₹960.35 Cr) |
| Offer for Sale | 26,900,530 shares of ₹2 (aggregating up to ₹960.35 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 50% of the Offer |
| NII (HNI) Shares Offered | Not less than 15% of the Offer |
| Retail Shares Offered | Not less than 35% of the Offer |
| Company Promoters | Rajeev Samant is the company promoter. |
The table presented below contains essential details about Sula Vineyards. For a more in-depth understanding of the Sula Vineyards IPO, we recommend reading the complete article.
Sula Vineyards IPO Lot Size Details
Prospective investors can participate in the Sula Vineyards IPO as per their investment preferences, subject to a minimum purchase of 42 shares. At the highest price point, a single lot of the IPO is valued at Rs. 14,994. Retail investors are eligible to bid for up to 13 lots, equivalent to 546 shares at maximum.
| Lot Size | Shares | Amount |
| 1 | 42 | Rs 14,994 |
| 13 | 546 | Rs 194,922 |
| 14 | 588 | Rs 209,916 |
| 68 | 2856 | Rs 10,19,592 |
You have reviewed the table which includes details such as lot size, share price, and the corresponding investment amount for the Sula Vineyards IPO.
Sula Vineyards IPO Allotment Date Details
Sula Vineyards has announced that their IPO bid will be open from 10:00 AM on 12 December 2022 until 5:00 PM on the same day. UPI Mandate confirmation cut-off time is also 5:00 PM on the issue closing day. For the full schedule of allotment dates, please refer to the official announcement.
| Events | Expected Dates |
| Date of Opening | 12 December 2022 |
| Date of Closing | 14 December 2022 |
| Basis of Allotment | 19 December 2022 |
| Initiation of Refunds | 20 December 2022 |
| The credit of Shares to Demat | 21 December 2022 |
| Listing Date | 22 December 2022 |
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