In today’s briefing:
- Sula Vineyards IPO – Does Offer a Unique Exposure with Lots of Ifs and Buts
Sula Vineyards IPO – Does Offer a Unique Exposure with Lots of Ifs and Buts
- Sula Vineyards is looking to raise around US$117m in its upcoming India IPO.
- Sula Vineyards (SV) distributes wines under a bouquet of brands. In addition to its flagship brand “Sula,” popular brands include “RASA,” “Dindori”, “The source,” “Satori”, “Madera” & “Dia”.
- We have looked at various aspects of the deal in our previous notes. In this note, we will talk about recent updates and valuations.
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