Liquidity Events

Wine maker Sula Vineyards' pulls off Rs.960-Cr IPO

Economic Times  

The INR 960.35 crore initial public offering (IPO) of Sula Vineyards has been fully subscribed on the third and final day of the bidding process. The issue comprised entirely an offer for sale (OFS) of more than 2.69 crore equity shares.

From the Venture Intelligence PE-VC Deal Database: Between Sep 05 and Aug 21, Sula Vineyards had raised over USD 142 M from Haystack Investment, DSG Consumer Partners, Mousse Partners, Verlinvest, Saama Capital, Everstone, Gem India Advisors and others (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)

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