Incorporated on May 02, 1995 Vishwaraj Sugar Industries Limited is an Integrated Sugar and other allied products manufacturing Company operating from Belgaum District. The Company operates from a single location sugar unit having licensed crushing capacity of 11,000 TCD and also manufactures other allied products like Rectified Spirits, Extra-Neutral Spirits, Indian Made Liquor, Vinegar, Compost, Carbon dioxide (CO2), etc. and are further engaged in the generation of Power for captive consumption as well as external sale.

In the year 2001, Company commenced operations of manufacture of Distillery products such as Ethanol, Rectified Spirit and Extra Neutral Spirit. In the year 2006, Company implemented backward integration and began commercial operations for Sugar manufacture from sugarcane, along with Co-Generation capabilities. During the year 2008, It began bottling of Indian Made Liquor. Currently its integrated unit processes sugarcanes to produce sugar and the byproducts are used to generate electricity for captive use and commercial sale, manufacture rectified spirit, ENA, IML, Vinegar, Press-mud and Compost. Over the years, It has expanded the production / manufacturing capacities of all its products.

In the F. Y. 2019, Its income from the sugar business formed approximately 76%, Income from the co-generation business formed 7%; Income from the Distillery business formed 4%, whereas, Income from the IML business formed 8% of its total sales.

Vishwaraj Sugar Industries Limited IPO - Issue Details:

Issuer Vishwaraj Sugar Industries Limited (View Report)
Issue Type 100% Book Built Issue IPO
Issue Period Issue Opens: Sep 30, 2019
Issue Closes: Oct 04, 2019
Price Brand Rs.55* - Rs.60^ per Equity Share
Issue Size Rs.55* - Rs.60^ Crores
Face Value Rs.10 per Equity Share
Bit Lot 240 Equity Shares and in multiples thereof
Maximum Bid amount for Retail Rs. 2 Lakhs
QIB 10% of the issue size (10,00,000 Equity Shares)
HNI 40% of the issue size (40,00,000 Equity Shares)
Retail Individual Bidders 50% of the issue size (50,00,000 Equity Shares)
Listing NSE & BSE
UPI All Retail Applications compulsorily in UPI Mode
Registrar Bigshare Services Private Limited
Book Running Lead Managers Aryaman Financial Services Limited
* Lower Price Band; ^ Upper Price Band




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