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Leading wine producer Sula Vineyards on Wednesday said it has fixed a price band of Rs 340-357 a share for its Rs 960-crore initial public offering (IPO), which will open for subscription on December 12.
The three-day initial share-sale will conclude on December 14 and the bidding for anchor investors will open on December 9, the company said in a statement.
The public issue will be entirely an offer for sale (OFS) aggregating to 26,900,532 equity shares by the promoter, investors and other shareholders.
Those offloading shares through the OFS route are promoter, founder and CEO Rajeev Samant, and investors
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