Sula Vineyards IPO subscribed 59%, Landmark Cars bought 17%, and more

Shares of automobile dealership chain Landmark Cars received 17 per cent subscription on the first day of offer on Tuesday

Sula Vineyards subscribed 59% on Day 2

The initial public offer (IPO) of Sula Vineyards was subscribed 59 per cent on the second day of its subscription on Tuesday. The IPO received bids for 11,099,256 shares against 18,830,372 shares on offer, according to data available with the NSE. The category meant for non-institutional investors got subscribed 45 per cent and the portion for Retail Individual Investors received 99 per cent subscription. The IPO offer of up to 26,900,530 equity shares has a price range of Rs 340-357 a share. On Friday, Sula Vineyards said it has raised  Rs  288 crore from