Sula Vineyards IPO Details

IPO Open Dec 12, 2022
IPO Close Dec 14, 2022
IPO Price ₹357
Face Value ₹2
IPO Size ₹960.35 Cr
Listing At BSE, NSE
Lot Size 42
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Sula Vineyards IPO Subscription Status Live

Sula Vineyards IPO subscribed 2.33 times. The public issue subscribed 1.65 times in the retail category, 4.13 times in QIB, and 1.51 times in the NII category by Dec 14, 2022.

Investor CategorySubscription (times)
Qualified Institutions4.13
Non-Institutional Buyers1.51
  bNII (bids above ₹10L)1.69
  sNII (bids below ₹10L)1.15
Retail Investors1.65

Sula Vineyards IPO Subscription Details (times)

Day 1
Dec 12, 2022
Day 2
Dec 13, 2022
Day 3
Dec 14, 2022

Sula Vineyards IPO Shares Offered

Sula Vineyards IPO is a public issue of 18,830,372 equity shares. The issue offers 9,415,186 shares to retail investors, 5,380,106 shares to qualified institutional buyers, and 4,035,080 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
    bNII (bids above ₹10L)2,690,05396.0314.29%
    sNII (bids below ₹10L)1,345,02748.027.14%

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

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Sula Vineyards IPO Subscription FAQs

The Sula Vineyards IPO is subscribed 2.33 by Dec 14, 2022.

Sula Vineyards IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional4.13
Non Institutional1.51
Retail Individual1.65
Employee Reservations[.]
Total Subscription2.33

Retail category of Sula Vineyards IPO subscribed 1.65 times as of date Dec 14, 2022. The public issue closes on Dec 14, 2022 for bidding.

An investor can apply in Sula Vineyards IPO online via bank (using ASBA) or the broker (using UPI). The Sula Vineyards IPO shares are offered online only.

The Sula Vineyards IPO is subscribed 2.33 by Dec 14, 2022.

The Sula Vineyards IPO allotment status is expected on or around Dec 19, 2022. Visit Sula Vineyards IPO allotment status to check.

The Sula Vineyards IPO listing date is Thursday, December 22, 2022. The equity share of Sula Vineyards Limited will list on BSE, NSE.

Visit Sula Vineyards IPO subscription status page for real-time bidding information about Sula Vineyards IPO.

Sula Vineyards IPO Timetable

IPO Opens OnDec 12, 2022
IPO Closes OnDec 14, 2022
Finalisation of Basis of AllotmentDec 19, 2022
Initiation of RefundsDec 20, 2022
Credit of Shares to Demat AccountDec 21, 2022
IPO Listing DateDec 22, 2022