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Indian Sucrose Ltd.

BSE: 500319 Sector: Agri and agri inputs
NSE: OSWALSUG ISIN Code: INE557C01017
BSE 10:33 | 09 Feb 58.30 -1.80
(-3.00%)
OPEN

61.45

HIGH

61.45

LOW

58.05

NSE 05:30 | 01 Jan Indian Sucrose Ltd
OPEN 61.45
PREVIOUS CLOSE 60.10
VOLUME 2824
52-Week high 99.00
52-Week low 48.50
P/E 4.28
Mkt Cap.(Rs cr) 101
Buy Price 58.25
Buy Qty 25.00
Sell Price 58.95
Sell Qty 50.00
OPEN 61.45
CLOSE 60.10
VOLUME 2824
52-Week high 99.00
52-Week low 48.50
P/E 4.28
Mkt Cap.(Rs cr) 101
Buy Price 58.25
Buy Qty 25.00
Sell Price 58.95
Sell Qty 50.00

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 1270000 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.

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