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Open
29 Nov to 3 Dec, 2004
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Close
29 Nov to 3 Dec, 2004
3
Allotment
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Listing
Fri, Dec 31, 2004
Price Band
₹65 per share
Issue Size
50,04,285 shares (agg. up to ₹33 Cr)
Listing Date
Fri, Dec 31, 2004
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 21.50x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2004 | 30 Sep 2003 | 30 Sep 2002 | 30 Sep 2001 | 30 Sep 2000 |
|---|---|---|---|---|---|
| Assets | 118.04 | 130.38 | 105.98 | 111.23 | 114.23 |
| Total Income | 120.25 | 110.43 | 106.71 | 95.95 | 98.94 |
| Profit After Tax | 9.76 | 2.06 | 1.02 | 2.33 | 9.57 |
| EBITDA | 28.88 | 15.39 | 13.87 | 16.36 | 22.65 |
| NET Worth | 38.98 | 36.52 | 40.83 | 40.90 | 45.06 |
| Reserves and Surplus | 30.32 | 22.86 | 27.17 | 27.24 | 35.04 |
| Total Borrowing | 58.76 | 81.16 | 58.49 | 64.76 | 62.86 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Building and Civil works | 7.70 |
| 2 | Plant & Machinery | 21.96 |
| 3 | Utilities & Misc. Fixed Assets | 3.86 |
| 4 | Preoperative expenses | 0.61 |
| 5 | Public Issue Expenses | 2.70 |
| 6 | Contingencies | 1.67 |
| Total | 38.50 |
About Dwarikesh Sugar Industries IPO
Incorporated in 1993, Dwarikesh Sugar Industries Limited is an integrated sugar manufacturing company engaged in the production of sugar, ethanol, and power generation. The company was and is part of the Dwarikesh Group, which operates primarily in the agro-based and sugar industries. The company operates modern sugar mills mainly in the state of Uttar Pradesh and produces refined sugar along with by-products such as molasses and bagasse. Using bagasse, the company also generates co-generation power, some of which is supplied to state electricity grids. In addition, Dwarikesh Sugar Industries manufactures industrial alcohol and ethanol, supporting India’s ethanol blending program. The company focuses on efficient sugar recovery, modernization of manufacturing facilities, and integrated operations across sugar, distillery, and power businesses. Its business performance is influenced by sugar production cycles, government policies, ethanol demand, and agricultural output.+ Read More
Contact Details
Dwarikesh Sugar Industries Ltd. AddressDwarikesh NagarDistrict BijnorBijnor, Uttar Pradesh, 24676201343 267057secretarial@dwarikesh.comVisit Website