Sunday, June 22, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

All You Need To Know About Sula Vineyards Ltd. IPO

by Sajeet Manghat
December 11, 2022
in Business
Reading Time: 2 mins read
A A
0
Home Business
Share on FacebookShare on Twitter


Sula is the country’s largest wine producer and seller as of March end, being the market leader in the Indian wine industry in terms of sales volume and value—on the basis of the total revenue from operations—since fiscal 2009, crossing 50% market share by value in the domestic market.

It is the market leader across all four price segments. These are ‘Elite,’ i.e., Rs 950+; ‘Premium,’Rs 700-950; ‘Economy,’ Rs 400-700; and ‘Popular, ’below Rs 400. It has a market share of nearly 61% by value in the ‘Elite’ and ‘Premium’ categories in fiscal 2022.

The business is classified into two categories. First there is the production of wine, the import of wines and spirits, and the distribution of wines. The second is spirits and the sale of services from the ownership and operation of wine tourism venues, including vineyard resorts and tasting rooms.

It currently produces 56 different labels of wine at four owned and two leased production facilities located in the Indian states of Maharashtra and Karnataka.

The company services close to 8,000 hotels, restaurants, and caterers, and its off-trade sales contributed 72.25% of secondary sales during fiscal 2022, compared to 61.33%. It has tie-ups with distributors in Maharashtra, Haryana, Delhi, Goa, and Punjab, along with a distribution network with close to 13,000 retail touchpoints across the country in 2021.





Source link

Tags: ipoSulaVineyards
Previous Post

Local authorities in major cities urge indoor masking : NPR

Next Post

Scientists Create ‘Toughest’ Alloy Ever

Related Posts

US steps into war between Israel and Iran, strikes 3 Iranian nuclear sites

US steps into war between Israel and Iran, strikes 3 Iranian nuclear sites

by zee business
June 22, 2025
0

The US army struck three websites in Iran early Sunday, inserting itself into Israel ’s conflict aimed toward destroying the...

Houthis threaten US warships in Red Sea if Trump backs Israel against Iran

Houthis threaten US warships in Red Sea if Trump backs Israel against Iran

by Euro Times
June 21, 2025
0

 The menace escalates tensions within the broader Center East as President Donald Trump continues to weigh a doable U.S. entry...

FATF Report Links Dual-Use Equipment Seized By India In 2020 To Pak’s Defence Agency

FATF Report Links Dual-Use Equipment Seized By India In 2020 To Pak’s Defence Agency

by PTI
June 21, 2025
0

A dual-use tools seized by India from a Pakistan-bound service provider vessel in 2020 is linked to Islamabad's Nationwide Improvement...

Belarus opposition leader Tikhanovsky freed from jail

Belarus opposition leader Tikhanovsky freed from jail

by Euro Times
June 21, 2025
0

One of many leaders of Belarus's opposition motion, Sergei Tikhanovsky, has been launched from jail in Belarus after being pardoned,...

Biocon Closes Rs 4,500-Crore QIP At 6% Discount To Last Closing

Biocon Closes Rs 4,500-Crore QIP At 6% Discount To Last Closing

by NDTV Profit Desk
June 20, 2025
0

Pharmaceutical main Biocon Ltd. accomplished elevating of Rs 4,500 crore by means of certified institutional placement, reported the corporate on...

Ashish Kacholia Portfolio: NIIT Learning Systems, Stove Kraft hit 52-week lows—time to buy the dip or sell?

Ashish Kacholia Portfolio: NIIT Learning Systems, Stove Kraft hit 52-week lows—time to buy the dip or sell?

by zee business
June 21, 2025
0

Ashish Kacholia Portfolio: Prime investor Ashish Kacholia, additionally recognized because the "Massive Whale" of Indian equities, has constructed his popularity by...

Next Post
Scientists Create ‘Toughest’ Alloy Ever

Scientists Create 'Toughest' Alloy Ever

Exclusive-Air India nears historic order for up to 500 jets -sources By Reuters

Exclusive-Air India nears historic order for up to 500 jets -sources By Reuters

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

US steps into war between Israel and Iran, strikes 3 Iranian nuclear sites

US steps into war between Israel and Iran, strikes 3 Iranian nuclear sites

June 22, 2025
The northern white rhino is likely to be extinct in the wild. However, not all hope is lost

The northern white rhino is likely to be extinct in the wild. However, not all hope is lost

June 22, 2025
Texas governor signs Bitcoin reserve bill into law

Texas governor signs Bitcoin reserve bill into law

June 21, 2025
Hogs Higher Going Into Weekend, With Some New Life of Contract Highs

Hogs Higher Going Into Weekend, With Some New Life of Contract Highs

June 21, 2025
Cathie Wood’s ARK Dumps 6M More Circle Shares

Cathie Wood’s ARK Dumps $146M More Circle Shares

June 22, 2025
French Crypto User Assaulted Over Ledger Wallet In Shocking Attack

French Crypto User Assaulted Over Ledger Wallet In Shocking Attack

June 21, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

US steps into war between Israel and Iran, strikes 3 Iranian nuclear sites

The northern white rhino is likely to be extinct in the wild. However, not all hope is lost

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In