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Latest News | Two Entities Divests 11.8 Pc Stake in Sula Vineyards for Rs 573 Crore

Get latest articles and stories on Latest News at LatestLY. Investment firm Verlinvest Asia Pte and Mousserena LP divested a total of 11.8 per cent stake in leading wine producer Sula Vineyards for Rs 573 crore through open market transactions.
Latest News | Two Entities Divests 11.8 Pc Stake in Sula Vineyards for Rs 573 Crore.

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Stock Market Today: Top 10 things to know before the market opens

Foreign institutional investors (FII) sold shares worth Rs 494.68 crore, while domestic institutional investors (DII) purchased Rs 1,323.24 crore worth of stocks on August 30, provisional data from the National Stock Exchange (NSE) showed.

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Verlinvest Asia pared 12.56 pc stake in Sula Vineyards for Rs 513 cr

Verlinvest Asia pared 12.56 pc stake in Sula Vineyards for Rs 513 cr
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Sula Vineyards: Verlinvest Asia looks to sell up to 12.56% via block deal

Tthe base price of the block deal is expected to be around Rs 473 apiece.

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Sula Vineyards collects Rs 288 crore from anchor investors ahead of IPO

The capital was raised from 22 investors, including BNP Paribas Arbitrage, Morgan Stanley (Asia) Singapore Pte Ltd, Citigroup Global Markets Mauritius Pvt Ltd, Goldman Sachs and Abu Dhabi Investment Authority. Get more Companies News and Business News on Zee Business.

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Sula Vineyards collects Rs 288 cr from anchor investors ahead of IPO

ICICI Prudential Life Insurance Company, HDFC Life Insurance Company, Aditya Birla Life Insurance Company, Max Life Insurance Company, Aditya Birla Sun Life Mutual Fund (MF), SBI MF and and HDFC MF were also among the anchor investors.

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Wine-company Sula Vineyards IPO announced: Know issue date, price band and other important details here

According to the company's statement, the three-day initial share sale will end on December 14 and anchor investor bidding will start on December 9.

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Sula Vineyards IPO: Wine-maker files draft paper with SEBI

Sula Vineyards has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). 

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