Vishwaraj Sugar Industries Limited: Company Profile

Vishwaraj Sugar Industries Limited was incorporated in the year 1995.

It has an integrated sugar based unit producing Sugar, Power, Spirits (including IML, Industrial Spirits and Ethanol) and Compost.

Vishwaraj Sugar Industries: Business

Vishwaraj is an integrated sugar and other allied products manufacturing company operating from Belgaum District in the State of Karnataka which is designated as one of the High Recovery zones for sugar production by Government of India.

In addition to sugar the company also manufacture other allied products like Compost, Extra-Neutral Spirits, Indian Made Liquor, Rectified Spirits, Vinegar, Carbon dioxide (CO2), etc. and are further engaged in the generation of Power for captive consumption as well as external sale.

Hence, Vishwaraj business can be broken up into 5 main segments namely Sugar, Co-Generation, Distillery, Indian Made Liquor (IML) and Vinegar.

Plant

The Company operates a single location sugar unit having licensed crushing capacity of 11,000 TCD.

Company Strengths:

• Wide range of products
• Integrated operations and economies of scale
• Strong Technological Capabilities
• Strategic location of our manufacturing unit
• Cordial and strong relationships with sugarcane farmers
• Captive Power plant and exportable capacity
• Experienced Promoters and strong Executive Team

Company Promoters:

The promoters of the Company are Umesh Katti, Ramesh Katti, Nikhil Katti, Lava Katti, Kush Katti, Sheela Katti, Jayashree Katti and Sneha Nithin Dev.

IPO Opening / Closing Date

IPO Details: Price, Minimum Bid and Other

Vishwaraj Sugar Industries Limited: Financials

CONCLUSION:

Considering the company’s valuation and financial parameters, FinBlab recommends AVOID ratings on Vishwaraj Sugar Industries Limited IPO

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