Vishwaraj Sugar Industries Ltd IPO

Closed

Subscription Details

  • Open Date 30 Sep
  • Close Date 04 Oct
  • Lot Size 240
  • IPO Size ₹ 60 Cr
  • IPO Price Range ₹ 60
  • Min Investment ₹ 14400

Vishwaraj Sugar Industries Ltd IPO Timeline

Open Date
30 Sep
Close Date
04 Oct
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

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.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Vishwaraj Sugar Industries Ltd IPO

Contact Information

Address

Bellad Bagewadi,
Taluka Hukkeri,
Belgaum, Karnataka 591305

Vishwaraj Sugar Industries Ltd IPO Lead Manager

Aryaman Financial Services Ltd
Open Demat Account