Sula Vineyards Ltd., a wine producer and seller, has announced an offer for sale of its 26,900,530 equity shares by existing shareholders through an initial public offering (IPO) in the price band of ₹340 to ₹357 per equity share with face value of ₹2.
The IPO will open on December 12 for subscription and close on December 14.
Investors can bid for a minimum of 42 shares and in multiples of 42 shares thereafter.