Share this page!

Enter URL or ID to Unroll

You can paste full URL like: https://x.com/threadreaderapp/status/1644127596119195649
or just the ID like: 1644127596119195649

How to get URL link on X (Twitter) App

  1. On the Twitter thread, click on or icon on the bottom
  2. Click again on or Share Via icon
  3. Click on Copy Link to Tweet
  4. Paste it above and click "Unroll Thread"!
  5. More info at Twitter Help
Anuran Maiti Profile picture
Anuran Maiti
@anuran17
Product Manager | Ex-Institutional Trader | EPAT® @QuantInsti MBA @SPJIMR @Cornell BTech @nitrourkela
Aug 20, 2022 • 25 tweets • 7 min read
India's largest wine player SULA VINEYARDS filed its #IPO papers, making it 1st wine manufacturer to list in India.

Grab a drink🍷🧋 as I take you through wine making business in India, a closer look at Sula's financials, risks, challenges & more🧵👇

@ipo_agarwal
@ipo_mantra Consumption of alcohol has gotten slower in India. Surprised? But that's what data from DRHP of Sula suggests.

Per capita alcohol consumption in India
0.9L in 2000
1.6L in 2010
2.7L in 2019.

CAGR 12% : 2000-2010
CAGR 6% : 2000-2019

How does wine have a case then?