Vishwaraj Sugar Industries Limited
ListedMainboardConsumer Staples / Agro-based Manufacturing Sector · NSE / BSE
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.
Price Band
₹55 – ₹60
Issue Size
₹60.00 Cr
Lot Size
240 shares
GMP
—
Est. Listing
₹60
at current GMP
Subscribed
—
Open
30 Sep 2019
Close
4 Oct 2019
Allotment
11 Oct 2019
Refund
12 Oct 2019
Demat Credit
13 Oct 2019
Listing
16 Oct 2019
Last updated 12 days ago
Key Highlights
- •Leading player in the Consumer Staples / Agro-based Manufacturing Sector segment
- •Price band established at ₹55 - ₹60 per equity share
- •Minimum bid lot is 240 shares
- •Estimated listing target of ₹60 based on current grey market activity