Vishwaraj Sugar Industries Limited IPO
MainboardListed On: Oct 16, 2019 at ₹ 61.2
₹ 14400 /240 Shares
30 Sep, 2019
Open Date04 Oct, 2019
Close Date11 Oct, 2019
Allotment Date16 Oct, 2019
Listing DateIPO Issue Details
- Issue Price Rs 55/- to Rs 60/- Rs per Equity Share
- Face Value Rs 10 Per Equity Share
- Issue Price Total 1,00,00,000 Equity Shares of Rs 10/- at price of Rs 55/- to Rs 60/- with aggregating up to Rs 60 Cr# Fresh Issue of 30,00,000 Equity Shares of Rs 10/- at price of Rs 55/- to Rs 60/- with aggregating up to Rs 18 Cr # Offer for Sale of 70,00,000 Equity Shares of Rs 10/- at price of Rs 55/- to Rs 60/- with aggregating up to Rs 42 Cr
- Listing at NSE, BSE ( T - Group )
- List Price 61.2
- Listing Date 2019-10-16
- Lead Manager Aryaman Financial Services Limited
- Registrar Bigshare Services Private Limited
IPO Details
- Retail Portion N/A
IPO Details
The IPO of is priced at ₹55 - 60 per equity share, which has a face value of Rs 10 Per Equity Share each, IPO bidding starts from Sep 30, 2019 and ends on Oct 4, 2019. The allotment for IPO will be finalized on Oct 11, 2019. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Oct 16, 2019. The company shall list its equity shares on the NSE, BSE ( T - Group ). Bigshare Services Private Limited is the registrar of the issue.
The book-running lead manager for the IPO is/are Aryaman Financial Services Limited.
The IPO sets its price band at 55 - 60 for each share. A single application for Vishwaraj Sugar Industries Limited IPO must contain at least 240 shares.
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IPO Subscription Analysis And Details
| As on | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 10,00,000 | 40,00,000 | 50,00,000 | 1,00,00,000 |
|
Day 1
30-09-19
|
10,00,080 1.00 x | 27,39,840 0.68 | 1,84,080 0.03 x | 39,24,000 0.40 x |
|
Day 2
01-10-19
|
10,00,080 1.00 x | 46,03,920 1.15 | 5,94,480 0.12 x | 61,98,480 0.62 x |
|
Day 3
03-10-19
|
10,00,080 1.00 x | 65,49,120 1.63 | 12,67,920 0.26 x | 88,17,120 0.88 x |
|
Day 4
04-10-19
|
10,00,080 1.00 x | 70,25,760 1.76 | 31,78,800 0.64 x | 1,12,04,640 1.12 x |
Valuations
IPO - Issue Objectives
Offer for SaleCompany will not receive any proceeds from the Offer for Sale.
Fresh Issue(a) Funding working capital requirement(b) General corporate purpose
IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Vishwaraj Sugar Industries Limited | 0.98 | - 12.96 | 8.46% | 307.88 |
| Ugar Sugar Works Limited | 2.86 | - 11.14 | - 25.66% | 902.93 |
| Dwarikesh Sugar Industries Limited | 1.06 | 5.83 | 18.18% | 1084.12 |
| Balrampur Chini Mills Ltd | 1.77 | 6.12 | 28.99% | 4285.78 |
| Dhampur Sugar Mill Limited | 1.19 | 5.25 | 20.50% | 2954.06 |
IPO - FAQs
Ans. Vishwaraj Sugar Industries Limited IPO is a Mainboard IPO. The issue is priced at Rs 55/- to Rs 60/- Rs per Equity Share. The minimum order quantity is 240 Shares. The IPO opens on Sep 30, 2019, and closes on Oct 4, 2019. Bigshare Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE, BSE ( T - Group ).
Ans. The Vishwaraj Sugar Industries Limited IPO opens on Sep 30, 2019 and closes on Oct 4, 2019.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Vishwaraj Sugar Industries Limited IPO is Total 1,00,00,000 Equity Shares of Rs 10/- at price of Rs 55/- to Rs 60/- with aggregating up to Rs 60 Cr# Fresh Issue of 30,00,000 Equity Shares of Rs 10/- at price of Rs 55/- to Rs 60/- with aggregating up to Rs 18 Cr # Offer for Sale of 70,00,000 Equity Shares of Rs 10/- at price of Rs 55/- to Rs 60/- with aggregating up to Rs 42 Cr.
Ans. The Vishwaraj Sugar Industries Limited IPO price band is set between Rs 55/- to Rs 60/- Rs per Equity Share.
Ans. To apply for Vishwaraj Sugar Industries Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Vishwaraj Sugar Industries Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Vishwaraj Sugar Industries Limited IPO is Oct 11, 2019.
Ans. The Vishwaraj Sugar Industries Limited IPO will be listed on Oct 16, 2019.
Ans. Follow the steps to check the Vishwaraj Sugar Industries Limited IPO allotment status online.
