Sula Vineyards IPO: Market participants said Sula Vineyards IPO grey market premium (GMP) was last heard at Re 1, down from Rs 5 on Tuesday and Rs 19 on Monday. It implied that the grey market expected the company to stage a muted listing.
Sula Vineyards IPO: The issue received total bids of 77,48,496 shares against the issue size of 1,88,30,372 shares. The quota reserved for retail individual investors (RIIs) was booked 72 per cent and that of non-institutional investors (NIIs) received 25 per cent subscription by 12:09 pm on Tuesday.