Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
News
All NewsCompaniesIndexesCurrency / ForexCommoditiesCryptocurrenciesETFInterest RatesEconomyThemesSectors 

Indian wine maker Sula Vineyards to raise 9.60 billion rupees in IPO

12/07/2022 | 02:44am EST
Bottles of Sula Zinfandel Rose are pictured on a wine shelf at a wine and tapas bar, in Mumbai

MUMBAI (Reuters) - India's largest wine maker Sula Vineyards plans to raise 9.60 billion rupees ($116.46 million) in its initial public offering, Chief Executive Rajeev Samant said on Wednesday.

Shares will be priced between 340-357 rupees in the IPO, the first by a wine maker in the South Asian country, which will include the sale of shares by Samant as well as Belgian investment firms Verlinvest and Cofintra SA.

($1 = 82.4350 Indian rupees)

(Reporting by Tanvi Mehta in New Delhi and Sriram Mani in Mumbai; Editing by Nivedita Bhattacharjee)


ę Reuters 2022
Latest news "Economy"
01:38aIndonesia to suspend some palm oil export permits - senior official
RE
01:36aJapan's Nikkei closes at more than 7-week high as weak yen lifts exporters
RE
01:35aAnalysis-Dollar's gyrations raise hedging costs for U.S. companies
RE
01:33aNissan board also approved planned restructuring deal with Renault - source
RE
01:33aAurubis posts quarterly profit drop on high power price, optimistic for full year
RE
01:24aOPEC+ should get 'due recognition' for constructive role - OPEC Sec Gen
RE
01:23aJGB yields rise despite report dovish Amamiya approached to become BOJ chief
RE
01:17aInvestments in Indonesia's nickel industry
RE
01:16aThailand's Central Retail expects 15% revenue growth in 2023
RE
01:13aLike Musk, nickel-rich Indonesia has high electric vehicleáambitions
RE
Latest news "Economy"