Vishwaraj Sugar Industries Limited
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Following its successful public offering, Vishwaraj Sugar Industries Limited's made its market debut on Oct 16, 2019 and is now actively traded on the NSE, BSEplatform. The IPO mobilized 1,00,00,000 Shares in total capital, including 30,00,000 Shares in primary equity infusion.
The offering was structured with a price band of ₹55 to ₹60 and minimum investment lots of 240 shares. Investor participation during the subscription window from Sep 30, 2019 to Oct 04, 2019 demonstrated market confidence in the company's prospects.
The allotment process concluded on Oct 11, 2019, allocating shares to successful bidders. The listing represents the culmination of the IPO process, transitioning the company to publicly traded status with enhanced transparency and governance standards.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Vishwaraj Sugar Industries Limited, established in 1995 and based in Karnataka, is engaged in sugar manufacturing along with the production of related products such as ethanol, extra-neutral spirit, rectified spirit, vinegar, Indian Made Liquor, carbon dioxide, compost, and power generated from sugar byproducts. The company operates across key business segments including sugar, distillery, vinegar, Indian Made Liquor, and co-generation, and follows a zero-waste model by efficiently utilizing all components of sugarcane juice. Supported by in-house quality control laboratories, VSL ensures consistent product standards while minimizing waste, and in the previous financial year produced 32,170 tonnes of sugar from its operations in the Belgaum district of Karnataka, a region known for high sugarcane productivity.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Offers a wide range of products
- Runs a diversified yet connected business model
- Has an integrated manufacturing setup
- Main manufacturing unit is located in a key area
- Operates its own captive power plant
NA
- Mr. Umesh Katti
- Mr. Ramesh Katti
- Mrs. Sheela Katti
- Mrs. Jayashree Katti
- Mr. Nikhil Katti
- Mr. Lava Katti
- Mr. Kush Katti
- Mrs. Sneha Nithin Dev
Vishwaraj Sugar Industries Limited
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