Sula Vineyards IPO

Sula Vineyards Limited is India’s largest wine producer and seller as of March 31, 2022. It has been a consistent market leader in the Indian wine industry in terms of sales volume and value. Sula is also recognized as the market leader across wine variants, including red, white, and sparkling wines. Sula’s business can be broadly classified under two categories: Wine Business: the production of wine, the import of wines and spirits, and the distribution of wines and spirits Wine Tourism: the sale of services from ownership and operation of wine tourism venues, including vineyard resorts and tasting rooms Currently, it produces 56 different labels of wine at four owned and two leased production facilities located in the Indian states of Maharashtra and Karnataka. Sula is the pioneer of wine tourism in India with many firsts to its credit, such as the first wine tasting room in India, the first vineyard resort, the first wine music festival and the first winery tours at its facility in Nashik, Maharashtra. ;