About ND Wines
ND Wines is a Consumer company based in Bilbao (Spain) founded in 2022, and was acquired by Sula Vineyards in April 2024. Multi-category wines are offered online by ND Wines. The company has 20 employees. Its chief executive, as recorded, is Rajeev Samant. Its Indian entity N D Wines Private Limited reported revenue of ₹67.45 Cr. ND Wines offers products and services including Elbino White and Elbino Rosé. Its focus areas include Food and Agriculture, Alcoholic Beverage Products, Wine and Multi-category. Its competitors include Bodegas Torre Oria, Campo Viejo and Corporacin Hijos de Rivera.
Company details
ND Wines was founded in 2022 in Bilbao, Spain, as an internet-first brand in the wine sector. Small batch, hand-crafted wines are produced, including a single vineyard Shiraz that remains unfined and unfiltered. Multi-category selections are available to consumers, with operations centered on direct online distribution from the Spanish base.
- Headquarters Bilbao, Spain
- Employees 20
- Stage Acquired
- SectorsConsumer
- Website ndwines.com
- Social LinkedIn X Instagram
- Acquired by Sula Vineyards (Apr 2024)
- Legal Name N D Wines Private Limited
- Date of Incorporation 08 Feb, 2000
- Jurisdiction Mumbai, Maharashtra, India
- Indian entity revenue₹67.45 Cr
FY 2026 · +14% YoY
- Indian entity net profit₹20.13 Cr
FY 2026 · 30% margin
- Indian entity EBITDA₹30.58 Cr
FY 2026 · 46% margin
- Investors
- Employee Count20
- Acquired bySula Vineyards
(Apr 2024)
Associated legal entities of ND Wines
ND Wines operates through N D Wines Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| N D Wines Private Limited CIN U51220MH2000PTC124086 | Active | 08 Feb 2000 | Mumbai, Maharashtra | ₹67.5 Cr | 20 | 3 | View details |
Products & Services of ND Wines
ND Wines offers a comprehensive portfolio of products and services, including Elbino White and Elbino Rosé.
White wine ideal for beach and social events.
Rosé wine suited for brunches and casual gatherings.
Investors in ND Wines
ND Wines has secured backing from 1 investor. Prominent investors backing the company include Sula Vineyards.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Vineyard that produces and sells wine, offers hospitality and wine courses | 1999 | sulavineyards.com | Nashik, India |
Investor details for ND Wines
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Board of directors of N D Wines Private Limited (ND Wines)
N D Wines Private Limited is the primary company behind ND Wines. The board of N D Wines Private Limited currently have 3 directors; the longest-serving is Monit Ravindra Dhavale, appointed in 2024. 13 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Monit Ravindra Dhavale DIN 09355541 | Director | 12 Apr 2024 | 2 yrs 6 mo | N D Wines Private Limited |
| Gorakh Kondaji Gaikwad DIN 10584339 | Director | 12 Apr 2024 | 2 yrs 6 mo | N D Wines Private Limited |
| Rinku More DIN 11763618 | Additional Director | 01 Jul 2026 | 4 mo | N D Wines Private Limited |
People of ND Wines
1 people are tracked at ND Wines (1 in leadership); the tracked headcount is 20.
| Name | Role | Group |
|---|---|---|
Rajeev Samant | CEO | Leadership |
Complete people profiles for ND Wines
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Financials of ND Wines
Figures of N D Wines Private Limited, the primary company behind ND Wines, for FY 2026. Revenue was ₹67.45 Cr (+14% year on year). Net profit was ₹20.13 Cr (30% margin). EBITDA was ₹30.58 Cr (46% margin). Revenue has grown at a compounded annual rate of +207% over three years and +100% over five years.
- ₹67.45 CrRevenue · FY 2026 · +14% YoY
- ₹20.13 CrNet profit · 30% margin
- ₹30.58 CrEBITDA · 46% margin
- ₹3.28 CrPaid-up capital
- 20Employees (provident fund records)
- +207%Revenue CAGR, 3 years
- +100%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of N D Wines Private Limited are on its company page.
Detailed financial statements for ND Wines
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Timeline of ND Wines
2 dated milestones of ND Wines across 2 years, from founding to its latest funding, stage changes and deals.
- Founded ND Wines is founded.
- Exit Acquired by Sula Vineyards.
Competitors of ND Wines
ND Wines has 3 listed competitors in our database. They include Bodegas Torre Oria, Campo Viejo and Corporacin Hijos de Rivera.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| torreoria.com | 1897 | Requena, Spain | Wines are produced and offered by Bodegas Torre Oria. | |||
| campoviejo.com | 1959 | Logrono, Spain | Wines are produced by Campo Viejo in Logrono, Spain. | |||
| corporacionhijosderivera.com | 1906 | Coruna, Spain | Brews and distributes beer brands with innovation and social impact focus. |
Detailed competitors of ND Wines
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Related news about Nd Wines
Complete news archive for ND Wines
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Frequently Asked Questions about ND Wines
ND Wines was founded in 2022.
ND Wines is headquartered in Bilbao, Spain. It is registered at Bilbao, Basque Autonomous Community, Spain.
Rajeev Samant is the CEO of ND Wines, as recorded in our data.
ND Wines has 20 employees.
The primary company behind ND Wines, N D Wines Private Limited, reported revenue of ₹67.45 Cr for FY 2026, up 14% year on year.
ND Wines was founded in 2022 in Bilbao, Spain, as an internet-first brand in the wine sector. Small batch, hand-crafted wines are produced, including a single vineyard Shiraz that remains unfined and unfiltered. Multi-category selections are available to consumers, with operations centered on direct online distribution from the Spanish base.
ND Wines's top competitors include Bodegas Torre Oria, Campo Viejo and Corporacin Hijos de Rivera.
ND Wines offers Elbino White and Elbino Rosé.
ND Wines has 1 investor. Key investors include Sula Vineyards.
ND Wines operates through N D Wines Private Limited.
Yes. ND Wines was acquired by Sula Vineyards in April 2024.
The legal entities of ND Wines currently have 3 directors, including Monit Ravindra Dhavale, Gorakh Kondaji Gaikwad, Rinku More.