scorecardresearchWinemaker Sula to Test India IPO Market After Tech Unicorns Flop

Winemaker Sula to Test India IPO Market After Tech Unicorns Flop

Updated: 02 Aug 2022, 08:13 AM IST
TL;DR.
While recession fears have seen new listings grind to a halt this year, one of the few companies currently seeking to go public in Mumbai is testing investor appetite for India’s growing wine market.
FILE PHOTO: People stand outside the Bombay Stock Exchange (BSE), after Sensex surpassed the 60,000 level for the first time, in Mumbai, India, September 24, 2021. REUTERS/Francis Mascarenhas/File Photo

FILE PHOTO: People stand outside the Bombay Stock Exchange (BSE), after Sensex surpassed the 60,000 level for the first time, in Mumbai, India, September 24, 2021. REUTERS/Francis Mascarenhas/File Photo