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Listen "What Sula's IPO means for its public-market investors"
Episode Synopsis
After 23 years of business in India, Sula has grown to become the giant that dominates the Indian wine market.Last month, the wine-maker decided to go public through an IPO. The money, however, went straight to some of the investors who cashed out.And on Dec 22, when it listed on the stock exchanges, Sula’s stock opened flat and fell into discount. What does the IPO mean for Sula's public-market shareholders then?Tune in to find outWith inputs from Aayush Agarwal
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