Lisiting of Vishwaraj Sugar Industries Ltd. At BSE On Successful Completion of its IPO

Mr. Nikhil Katti MD of Vishwaraj Sugar Industries Ltd, Mr. Sameer Patil, Head BDM , BSE Ltd, Mr. Shreepal Shah Director Arayaman Financial Services Ltd, Mr. Sudheendra Ghali, Advisors to the Issue and Others seen in the picture -Photo By Sachin Murdeshwar GPN

Mr. Nikhil Katti MD of Vishwaraj Sugar Industries Ltd, Mr. Sameer Patil, Head BDM , BSE Ltd, Mr. Shreepal Shah Director Arayaman Financial Services Ltd, Mr. Sudheendra Ghali, Advisors to the Issue and Others seen in the picture -Photo By Sachin Murdeshwar GPN

  • Listing ceremony organised in BSE Convention Hall.

  • Stock Opens with a positive price and trading firm in the volatile market.

MUMBAI, OCTOBER 17, 2019 (GPN): Vishwaraj Sugar Industries Ltd. a Belgaum based Sugar Mills successfully completed its IPO the issue being oversubscribed 1.25 times and it shares were listed on Both BSE & NSE Main Board on October 15; 2019 onwards.

Listing ceremony was successfully organised in the BSE convention Hall attended by Dignitaries from the Bombay Stock Exchange, Sr. Company Management and BRLM, Registrar and Bankers to the Issue.

The Issue opened on a positive note on listing and also witness heavy buying interest in the stock and it continues to trade firm in the volatile market.

About Vishwaraj Sugar Industries Ltd

The Company has been promoted by the Katti family, who are one of the prominent families from Belgaum.  Mr. Umesh Katti is the Non-Executive Chairman, Mr. Nikhil Katti is the Managing Director & Mr. Mukesh Kumar is the Whole Time Director.  The Company has freehold land of almost 167 acres and the Book Value of Fixed Assets of the Company is more than Rs. 250 Crores. The manufacturing unit of the Company is strategically located in High Recovery zones for sugar production.  There were 28 villages in Taluka Hukkeri, 12 villages in Taluka Chikkodi and 9 villages in Taluka Gokak in Belgaum District reserved for the supply of sugarcane. Further the Company has cordial and strong relationships with sugarcane farmers. ENDS

About the Author

Sachin Murdeshwar
Sachin Murdeshwar is a Sr.Journalist and Columnist in several Mainline Newspapers and Portals.He is an ardent traveller and likes to explore destinations to the core.

Be the first to comment on "Lisiting of Vishwaraj Sugar Industries Ltd. At BSE On Successful Completion of its IPO"

Leave a comment

Your email address will not be published.


*