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1. Wide product range 2. A diversified but integrated business model 3. Integrated manufacturing unit 4. Principal location of manufacturing unit 5. Captive Power plant
| Particulars | For the year/period ended (in Rs. Lakhs) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-19 | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | ||
| Total Assets | 71,954.96 | 62,418.63 | 54,319.99 | 58,898.53 | 60,501.20 | |
| Total Revenue | 30,787.55 | 26,893.11 | 32,289.84 | 40,864.55 | 34,936.75 | |
| Profit After Tax | (1,761.99) | (426.67) | 606.25 | 85.35 | (57.68) | |
The objects of the net fresh Issue is to raise funds for:
(a) Funding working capital requirement
(b) General corporate purpose
| Vishwaraj IPO Date | Sep 30, 2019 to Oct 4, 2019 |
| Vishwaraj IPO Face Value | ₹10 per share |
| Vishwaraj IPO Price | ₹55 to ₹60 per share |
| Vishwaraj IPO Lot Size | 240 Shares |
| Issue Size | 10,000,000 shares of ₹10 (aggregating up to ₹60.00 Cr) |
| Fresh Issue | 3,000,000 shares of ₹10 (aggregating up to ₹[.] Cr) |
| Offer for Sale | 7,000,000 shares of ₹10 (aggregating up to ₹[.] Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Company Promoters | Umesh Katti, Ramesh Katti, Nikhil Katti, Lava Katti, Kush Katti, Sheela Katti, Jayashree Katti and Sneha Nithin Dev are the promoters of the company. |
Vishwaraj IPO opens on Sep 30, 2019, and closes on Oct 4, 2019. The Vishwaraj IPO bid date is from Sep 30, 2019 10.00 A.M. to Oct 4, 2019 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 12 P.M. on the next day of issue closing day.
| Event | Date |
|---|---|
| Vishwaraj IPO Opening Date | Sep 30, 2019 |
| Vishwaraj IPO Closing Date | Oct 4, 2019 |
| Basis of Allotment | Oct 11, 2019 |
| Initiation of Refunds | Oct 14, 2019 |
| Credit of Shares to Demat | Oct 15, 2019 |
| Vishwaraj IPO Listing Date | Oct 16, 2019 |
The Vishwaraj IPO lot size is 240 shares. A retail-individual investor can apply for up to 13 lots (3120 shares or ₹187,200).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 240 | ₹14,400 |
| Maximum | 13 | 3120 | ₹187,200 |
| Pre Issue Share Holding | 54.22% |
| Post Issue Share Holding | 32.83% |
The sugar industry is having a controlled policy and the quota system. Poor financial data is not in line with asking price. Considering this, there is no harm in giving this issue a miss. Read detail review...
The Vishwaraj IPO is subscribed 1.12 times on Oct 4, 2019 5:00:00 PM. The public issue subscribed 0.64 times in the retail category, 1.00 times in the QIB category, and 1.76 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 1.00 |
| NII | 1.76 |
| Retail | 0.64 |
| Total | 1.12 |
| Listing Date | Tuesday, October 15, 2019 |
| BSE Script Code | 542852 |
| NSE Symbol | VISHWARAJ |
| Listing In | T Group of Securities |
| ISIN | INE430N01014 |
| IPO Price | ₹60 per share |
| Face Value | ₹10 per share |
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Vishwaraj Sugar Industries Ltd
Bellad Bagewadi,
Taluka Hukkeri,
District Belgaum
Phone: +91 8333 251251
Email: info@vsil.co.in
Website: http://vsil.co.in/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Vishwaraj IPO is a main-board IPO of 10,000,000 equity shares of the face value of ₹10 aggregating up to ₹60.00 Crores. The issue is priced at ₹55 to ₹60 per share. The minimum order quantity is 240 Shares.
The IPO opens on Sep 30, 2019, and closes on Oct 4, 2019.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Vishwaraj IPO opens on Sep 30, 2019 and closes on Oct 4, 2019.
Vishwaraj IPO lot size is 240 Shares and the minimum order quantity is .
You can apply in Vishwaraj IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Vishwaraj IPO will be done on Oct 11, 2019, and the allotted shares will be credited to your demat account by Oct 15, 2019. Check the Vishwaraj IPO allotment status.
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Ahmedabad company
Last three positive listing effect second day itself retail and hni quota fully subscribed.
Now retail subscription may be 2 to 3 times. Whenever retail participation is more than hni that counter will not perform well on listing day.