At the NSE, it made its debut at Rs 361, climbing 1.12 per cent.
The company commanded a market valuation of Rs 2,920.01 crore on the BSE.
The initial public offer of Sula Vineyards got subscribed 2.33 times last week.
The Rs 960.35-crore initial share-sale had a price range of Rs 340-357 a share.
The company distributes wines under a bouquet of popular brands such as Sula (its flagship brand), RASA, Dindori, The Source, Satori, Madera & Dia.
Currently, it produces 56 different labels of wines across 13 distinct brands at its four owned and two leased production facilities located in Maharashtra and Karnataka.