Sula Vineyards Limited - Company Profile

Q: Who are the current directors of Sula Vineyards Limited?

The current directors of Sula Vineyards Limited are Chetan Rameshchandra Desai, Abhishek Kapoor, Abhishek Kapoor, Anant S Iyer, Nicholas Peter Y Cator, Rajeev Samant, Alok Sureshchandra Vajpeyi, Deepak Ishwardas Shahdadpuri, Sangeeta Pendurkar, Shalaka Prashant Koparkar.

It is a food and beverages public limited company based in Mumbai, Maharashtra, India, established in 2003.

2003 Mumbai, Maharashtra, India Active

Last Updated: December 31, 2025

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About Sula Vineyards Limited

Sula Vineyards Limited, a active public limited company, was established on 26 February 2003 in Mumbai, Maharashtra, India. Engaging in alcoholic beverage manufacturing & distribution within the accommodation and food service sector, it holds CIN: L15549MH2003PLC139352. Registered under ROC Roc Mumbai. it is listed on BSE: 543711. It has an authorized capital of ₹20.21 Cr and a paid-up capital of ₹16.89 Cr.

Formerly known as Nashik Vintners Private Limited, Sula Vineyards Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹535.43 Cr and a net worth of ₹555.91 Cr. Employing 762 professional, Its leadership includes Chetan Rameshchandra Desai (Director), Abhishek Kapoor (Cfo), Anant S Iyer (Director). Past directors included Kerry Rolf Damskey, Shagun Tiwary Shah, Roberto Italia. It holds ₹759.33 Cr open charges and ₹327.54 Cr settled loans. Its latest AGM occurred on 26 June 2025, with the balance sheet filed on 31 March 2025. It is based at 901, Solaris One, N.S. Phadke Marg, Andheri (E), Mumbai, Maharashtra, 400069.

Company Details

CIN/LLPIN
L15549MH2003PLC139352
Registration Number
139352
Incorporation Date
26 February 2003
Authorized Capital
₹20.21 Cr
Paid-Up Capital
₹16.89 Cr
ROC Code
Roc Mumbai
Listing Status
Listed (BSE: 543711)
Company Status
Active

Key Metrics

Authorised Capital ₹ 20.21 Cr as on 31-12-2025
Paid Up Capital ₹ 16.89 Cr as on 31-12-2025
Company Age 22 Year, 11 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 759.33 Cr as on 31-12-2025
Satisfied Charges ₹ 327.54 Cr as on 31-12-2025
Revenue Growth **** 26.28% (FY 2023)
Profit Growth **** 80.76% (FY 2023)
Ebitda **** 47.72% (FY 2023)
Net Worth 33.98% (FY 2023)
Total Assets **** 17.58% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Sula Vineyards Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Sula Vineyards Limited?

Current Directors

Name	Designation	Appointment Date	Status
Chetan Rameshchandra Desai	Director	01 Jun 2018	Current
Abhishek Kapoor	Cfo	28 Aug 2023	Current
Anant S Iyer	Director	12 Nov 2024	Current
Nicholas Peter Y Cator	Director	09 Nov 2023	Current
Rajeev Samant	Managing Director	26 Feb 2003	Current
Alok Sureshchandra Vajpeyi	Director	02 Dec 2020	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	25 Sep 2017	Past
Pramod Abcsdd	Nominee Director	05 Oct 2021	Past
Pramod Abcsdd	Additional Director	30 Jul 2021	Past
Pramod Abcsdd	Cfo	09 Jun 2023	Past
Pramod Abcsdd	Company Secretary	28 May 2019	Past
Pramod Abcsdd	Company Secretary	-	Past

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Financial Performance of Sula Vineyards.

Sula Vineyards Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.28% increase. The company also saw a substantial improvement in profitability, with a 80.76% increase in profit. The company's net worth Soared by an impressive increase of 33.98%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

26.28%

*******

Revenue from Operations

*******

26.27%

*******

Total Assets

*******

17.58%

*******

Profit or Loss

*******

80.76%

*******

Net Worth

*******

33.98%

*******

EBITDA

*******

47.72%

*******

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What is the Ownership and Shareholding Structure of Sula Vineyards?

In 2023, Sula Vineyards had a promoter holding of 26.02% and a public holding of 73.97%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹7,593,300,000.00

Satisfied Charges

₹3,275,368,226.00

Charges Breakdown by Lending Institutions

Others : 477.00 Cr
Axis Bank Limited : 143.00 Cr
Hdfc Bank Limited : 139.00 Cr
Standard Chartered Bank : 0.33 Cr

Latest Charge Details

Date	Lender	Amount	Status
22 Sep 2025	Others	₹15.00 Cr	Open
28 Mar 2025	Others	₹5.00 Cr	Open
28 Mar 2025	Others	₹5.00 Cr	Open
12 Sep 2024	Axis Bank Limited	₹45.50 Cr	Open
18 Jun 2024	Hdfc Bank Limited	₹6.00 Cr	Open

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How Many Employees Work at Sula Vineyards?

Sula Vineyards has a workforce of 762 employees as of Mar 21, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Sula Vineyards, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sula Vineyards's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Sula Vineyards

Recent Activity within the Organization

Charges

The activity A charge with Others amounted to Rs. 15.00 Cr with Charge ID 101168084 was registered on 22 Sep 2025. was completed.
22 Sep 2025
Charges

Progress on A charge with Others of Rs. 60.00 Cr registered on 13 Jan 2014 with Charge ID 10471281 was modified on 24 Jul 2025. was documented.
24 Jul 2025
Charges

Progress on A charge with Others of Rs. 367.00 Cr registered on 31 May 2008 with Charge ID 10111911 was modified on 22 Jul 2025. was documented.
22 Jul 2025
Annual General Meeting

The activity Sula Vineyards Limited last Annual general meeting of members was held on 26 Jun 2025 as per latest MCA records. was completed.
26 Jun 2025
Balance Sheet

Sula Vineyards Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.
31 Mar 2025
Charges

The activity A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101081515 was registered on 28 Mar 2025. was completed.
28 Mar 2025

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