Sula Vineyard IPO Vs Abans Holdings IPO: Which is better to apply

Two more IPOs Sula Vineyard and Abans Holdings are going to be open to apply within 2 days.

Today in this post we will compare which one of the IPO share you should apply

A comparison between Sula Vineyard IPO and Abans Holdings IPO

Details Sula
Vineyards
IPO
Abans Holdings IPO
Lot Size42 in lot55 in one lot
Issue SizeRs. 960.35 CR.Rs. 345.60 Cr.
Minimum
Investment
Rs. 14, 280/per lotRs. 14,080/per lot
Maximum
Investment
Rs. 14,994/per lotRs. 14,850/per lot
Price RangeRs. 340 to Rs 357Rs. 256 to Rs. 270
Bidding Date12th December to 14th
December
12th December to 15th December
Listing Date22nd December23rd December
Offer for sale100%9,000,000 shares of Rs2
Aggregating up to Rs 243 Cr
Fresh IssueNIL3,800,000 shares of Rs 2
Aggregating up to 102.60 Cr
Issue TypeBook Built Issue IPOBook Built Issue IPO
Listing atBSE and NSEBSE and NSE
QIB Shares
Offered
Not more than 50%Not more than 10%
NII Shares
Offered
Not more than 15%Not less than 60%
Retail Shares
Offered
Not less than 35%Not less than 60%
GMP on 10/12Rs. 35 per share. Profit: 1470/lot
(10% Premium)
Rs. 10 per share. Profit: 550/lot
3% Premium
GMP on 11/12
GMP on 12/12
GMP on 13/12
GMP on 14/12
About the companyOwned: 52% market share.


This is the India’s largest wine producer
as well as seller as of March 31, 2022. It has been
consistent market leader in the Indian wine industry
in terms of sales & values.
This company also gets recognition as the market leader across wine variants including
1) Red wine
2) Sparkling wine


Its business is classified in to 2 categories

1) Wine business
2) Wine Tourism

Currently it produces 56 different labels of wine at four owned and 2 leased production facilities located in the Indian states:
Maharashtra, and Karnataka.

Sula Vineyard 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 1st wine music festival and the 1st winery tours at its facility in Nasik, Maharashtra

Founded in the year 2009.

Managing director is Abhishek Bansal.

The Abans group is globally
diversified organization engaged
in financial services, Gold refining,
Jewellery, Commodities Trading ,
Agricultural
trading and Warehousing,
Software development, and real estate.

Abans Holdings Limited is the
financial services arm of the group .

It operates a diversified global
financial services business,
headquartered in India , providing
NBFC services , global institutional
trading in equities, commodities and
foreign exchange, private client stock broking , depository services , asset management services, investment
advisory services and wealth management services to corporates, institutional, and high net worth clients.
Total Asset:Rs. 770.95 Cr.Rs. 1169 Cr.
Total RevenueRs. 225.76 Cr.Rs. 646 Cr.
Profit After
Tax
Rs. 30.51 Cr.Rs. 62 Cr.
Net WorthRs. 449.18 Cr.Rs. 678.17 Cr.
Total
Borrowings
Rs. 214.64 Cr.Rs. 76.92 Cr.
P/E Ratio54.0021
Industry PE29.8
Peer
Competitors
United Spirit
Radico Khaitan
United Breweries
Edelweiss
Geojit
Choise
ApplyHow to Apply for IPOHow to Apply for IPO- GROWW

Video: Sula vineyards ipo review

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