<p>Shares of Sula Vineyards on Thursday made a tepid market debut, listing with a premium of just over 1 per cent on the NSE, against the issue price of Rs 357.</p>.<p>The stock listed at Rs 358, marginally higher by 0.27 per cent from the issue price on the BSE. It later hit a high of Rs 363.40 and low of Rs 339.</p>.<p>At the NSE, it made its debut at Rs 361, climbing 1.12 per cent.</p>.<p>The company commanded a market valuation of Rs 2,920.01 crore on the BSE.</p>.<p>The initial public offer of Sula Vineyards got subscribed 2.33 times last week.</p>.<p>The Rs 960.35-crore initial share-sale had a price range of Rs 340-357 a share.</p>.<p>The company distributes wines under a bouquet of popular brands such as Sula (its flagship brand), RASA, Dindori, The Source, Satori, Madera & Dia.</p>.<p>Currently, it produces 56 different labels of wines across 13 distinct brands at its four owned and two leased production facilities located in Maharashtra and Karnataka. </p>
<p>Shares of Sula Vineyards on Thursday made a tepid market debut, listing with a premium of just over 1 per cent on the NSE, against the issue price of Rs 357.</p>.<p>The stock listed at Rs 358, marginally higher by 0.27 per cent from the issue price on the BSE. It later hit a high of Rs 363.40 and low of Rs 339.</p>.<p>At the NSE, it made its debut at Rs 361, climbing 1.12 per cent.</p>.<p>The company commanded a market valuation of Rs 2,920.01 crore on the BSE.</p>.<p>The initial public offer of Sula Vineyards got subscribed 2.33 times last week.</p>.<p>The Rs 960.35-crore initial share-sale had a price range of Rs 340-357 a share.</p>.<p>The company distributes wines under a bouquet of popular brands such as Sula (its flagship brand), RASA, Dindori, The Source, Satori, Madera & Dia.</p>.<p>Currently, it produces 56 different labels of wines across 13 distinct brands at its four owned and two leased production facilities located in Maharashtra and Karnataka. </p>