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VISHWARAJEQ / NSE, BSEListed
Vishwaraj Sugar Industries

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.

₹55 - ₹60Open
Listed Price₹61.20
Listing Gain+2.00%

IPO Schedule & Timeline

Bookbuilding IPO
Open30 Sep 2019
Close04 Oct 2019
Allotment11 Oct 2019
Listing16 Oct 2019

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB10,00,000 shares
10%
HNI40,00,000 shares
40%
Retail50,00,000 shares
50%

Minimum Application Lots

Retail1 Lot (240 shares)
₹14,400
sHNI14 Lots (3,360 shares)
₹2,01,600
bHNI70 Lots (16,800 shares)
₹10,08,000

Company Promoters

Mr. Umesh KattiMr. Ramesh KattiMrs. Sheela KattiMrs. Jayashree KattiMr. Nikhil KattiMr. Lava KattiMr. Kush KattiMrs. Sneha Nithin Dev

Company Background

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 segme...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-19)₹30787.55 Cr
Growth-11.9%
Revenue Trend (₹ in Crores)
0.015.7k31.3k47.0kMar-15Mar-16Mar-17Mar-18Mar-19
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-1930,787.551,761.9971,954.960
Mar-1826,893.11426.6762,418.630
Mar-1732,289.84606.2554,319.990
Mar-1640,864.5585.3558,898.530
Mar-1534,936.7557.6860,501.200

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
11 Oct 2019
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
16 Oct 2019

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Vishwaraj Sugar Industries. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

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Allotment Schedule & Milestones

IST
1. Allotment Finalization11 Oct 2019Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date16 Oct 2019Trading commences on exchange

How to Check Vishwaraj Sugar Industries Allotment Online

1Open Portal

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2Select Company

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3Enter Details

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4View Allocation

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Prospectus & Official Filings

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About Vishwaraj Sugar Industries IPO

Complete issue overview for Vishwaraj Sugar Industries (VISHWARAJ) IPO. The issue features an equity share price band of ₹55 – ₹60 per share with a minimum retail lot size of 240 Shares (minimum application amount of ₹14,400). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions