Vishwaraj Sugar Industries Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Vishwaraj Sugar Industries Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY23 to FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
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.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Company have in the past, made certain issuances and allotments of its equity shares which may not be in compliance with the applicable provisions and rules of the Companies Act, 1956.
- Company's Promoters & Promoter Group are offering their shares or part thereof in this Offer under the Offer Sale which constitutes a significant percentage of the total Offer for Sale portion. Further the allocation to QIBs in this Offer is only 10% of the Offer size.
- Company, Promoters and Directors are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.
- Company's business is subject to seasonal variations that could result in fluctuations in its results of operations
- Company have incurred losses in the past and in particular for the financial year ended 2018-19, 2017-18 & 2014-15 and may incur losses in the future.