Sula Vineyards Ltd

Sula Vineyards.
DescriptionsSula Vineyards, the country's largest wine producer and seller and a market leader in the Indian wine industry in terms of sales volume and value.
SectorWine manufacturer, Agriculture (Vine yards and grapes farming), Hospitality(Resorts at the vineyards)
SubsidiariesArtisan Spirits Pvt Ltd, Summerlab Pvt Ltd, Verlinvest Asia Pte. Ltd, Cofintra S.A, Verlinvest S.A, Verlinvest France S.A
Date of Inception1999
Key PromotersRajeev Samant
ContactSula Vineyards, Nashik Gat 36/2, Govardhan Village, Gangapur-Savargaon Rd Nashik, Maharashtra 422222

Sula Vineyards overview for upcoming IPO

Sula established its first vineyard in 1996, and with the introduction of Sauvignon Blanc, Chenin Blanc, Zinfandel, Riesling, Red Sparkling, and dessert wine options in 2000, it became the first company in India to produce varietal wines. The country's first vineyard resort opened its doors in 2008, and in the same year, the winery created "SulaFest," India's first music event with a wine theme. The winery opened its first wine tasting room in Fiscal 2005 at its plant in Nashik, Maharashtra. On the basis of number of people attended Sula Vineyards Ltd fest , "SulaFest" is widely acknowledged as the biggest wine music festival in India and one of the biggest wine music festivals in Asia. At its "Domaine Sula," it opened a wine tasting room in fiscal 2017.

Sula Vineyards is market leader in wine variants, including red, white and sparkling wines. The company sells wine under a variety of well-known names, including its flagship brand, Sula, as well as RASA, Dindori, The Source, Satori, Madera, and Dia. Sula is currently producing 56 different labels of wine under 13 different band names. Sula's have four owned and two leased production facilities, which are situated in the Indian states of Maharashtra and Karnataka.

The two main grape-growing regions in India are Maharashtra and Karnataka, which produce 95% of the nation's table grapes and 97% of its wine grapes. These two states also account for the majority of wine consumption, making up nearly 57% of the market. With the flagship facility in Nashik, Maharashtra, and Sula vineyard 's wine processing units in Nashik and Dindori in Maharashtra, as well as Bengaluru and Basavakalyan in Karnataka, Sula's facilities are also spread throughout the west and southwest of India.

Figures to look for Sula Vineyards IPO:-

Sula Vineyards IPO

Sula VineywardsFigures
CAGR (2011-2021)13.75%
Revenue 2021417.6 crore
Revenue growth (2021-2022)11.3%
Distribution networks8,000 hotels, restaurants and 13,000 retail touchpoints

Sula Vineyards limited has filled for Ipo and have submitted DHRP with Sebi.

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