Business Standard

Vishwaraj Sugar Industries Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

60.00 cr

Price Range (₹)

60

Lot Size

240

Min Investment (₹)

14,400.00

Listing Exchange

MumbaiNSE

Open Date

30-Sept-2019

Close Date

04-Oct-2019

Listing Date

15-Oct-2019

Vishwaraj Sugar Industries Ltd News

    The Shares of Vishwaraj Sugar Industries Ltd have now been listed.

    Vishwaraj Sugar Industries Ltd IPO Details

    Initial Public Offer of upto 1,00,00,000 equity shares of face value of Rs. 10 each (the equity shares) of Vishwaraj Sugar Industries Limited (The company) for cash at a price of Rs. 60 per equity share (including a share premium of Rs. 50 per equity share) aggregating up to Rs. 60 crores (the offer) comprising of a fresh issue of upto 30,00,000 equity shares by the company aggregating up to Rs. 18 crores (the fresh issue) and an offer for sale of upto 70,00,000 equity shares by the selling shareholders (referredto as the selling shareholders) aggregating to Rs. 42 crores (offer for sale). The offer would constitute upto 26.63%, of the post-offer paid-up equity share capital.The face value of the equity share of Rs.10 each.The offer price is Rs.60 per equity share, which is 6 times the face value of the equity share.Bids can be made for minimum of 240 equity shares and in multiples of 240 equity shares thereafter.

    Objective of issue

    Funding Working Capital Requirement. General Corporate Purpose.

    Vishwaraj Sugar Industries Ltd Contact Details

    Vishwaraj Sugar Industries Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

    Phone - 91-22-62638200

    Fax - 91-22-63638299

    Email - info@vsil.co.in

    Website - www.vsil.co.in