Sula Vineyards IPO - Outlook, Valuations, Financials, Concerns: Angel One

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. .Angel One's IPO Report.Incorporated in 2003, Sula Vineyards Ltd. is the India's largest wine producer and seller as of March 31, 2022. The company also distribute wines under a bouquet of popular brands including 'RASA,' 'Dindori', 'The source,' 'Satori', 'Madera' and 'Dia' with its flagship brand 'Sula' being the 'category creator' of wine in India. The company's business is broadly classified under two categories- The production of wine, the import of wines and spirits, and the distribution of wines and spirits (the 'wine business'); andthe sale of services from ownership and operation of wine tourism venues, including vineyard resorts and tasting rooms (the 'wine tourism business'). Sula benefits from high import duties imposed on imports of international wines in India, these duties could be reduced or eliminated in the future.Adverse climatic conditions may impact the quality of wine grapes which is the key raw material.Company may not be able to adjust the retail prices of its products as a result of state regulation..Click on the attachment to read the full IPO report:.Sula Vineyards IPO: All You Need To Know.Sula Vineyards IPO - Synonym For Wine In India: ICICI Direct.Sula Vineyards IPO - The Largest Wine Brands In India: Reliance Securities.Sula Vineyards IPO - Investment Rationale, Strengths, Key Strategies, Risks, Financials: Anand Rathi.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Sula Vineyards IPO - Outlook, Valuations, Financials, Concerns: Angel One

Sula benefits from high import duties imposed on imports of international wines in India.

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