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Indian Sucrose Ltd.

BSE: 500319 Sector: Agri and agri inputs
NSE: OSWALSUG ISIN Code: INE557C01017
BSE LIVE 13:04 | 18 Oct 57.05 2.70
(4.97%)
OPEN

56.80

HIGH

57.05

LOW

56.25

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 56.80
PREVIOUS CLOSE 54.35
VOLUME 21530
52-Week high 57.05
52-Week low 21.30
P/E 3.84
Mkt Cap.(Rs cr) 88
Buy Price 57.05
Buy Qty 14.00
Sell Price 0.00
Sell Qty 0.00
OPEN 56.80
CLOSE 54.35
VOLUME 21530
52-Week high 57.05
52-Week low 21.30
P/E 3.84
Mkt Cap.(Rs cr) 88
Buy Price 57.05
Buy Qty 14.00
Sell Price 0.00
Sell Qty 0.00

Indian Sucrose Ltd. (OSWALSUG) - Company History

Incorporated as a public limited company in Dec.'90, Oswal Sugars (OSL) was promoted in order to set up a plant (inst. cap.: 2500 tcd) to manufacture white crystal sugar. The cost of the project was originally estimated at Rs 32.6 cr and commercial operations were projected to commence by Jan.'92. However, due to factors like belated transfer of its letter of intent, etc, the project was delayed and project cost was revised to Rs 42 cr to include captive power generation. To part-finance the project, OSL came out with a public issue in Aug.'93. It had increased the capacity of its sugar plant from 2500 tcd to 3500 tcd. In 1995-96, the company allotted 12,70,000 equity shares to IFCI and ICICI, to convert their loans into equity shares. The company has changed its name from Oswal Sugars Ltd to Indian Sucrose Ltd.