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Open
7 Oct 2005
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Close
14 Oct 2005
3
Allotment
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Listing
Mon, Oct 31, 2005
Price Band
₹250 to ₹300
Issue Size
38,59,649 shares (agg. up to ₹110 Cr)
Listing Date
Mon, Oct 31, 2005
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 14.24x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2005 |
|---|---|
| Total Income | 524.19 |
| Profit After Tax | 38.16 |
| NET Worth | 60.74 |
| Reserves and Surplus | 46.86 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Dwarikesh Sugar Industries Ltd. | Mainboard | ₹32.53 Cr | ₹65 | null | ₹133.00 | +104.62% | ₹44.08 (+2.08%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expansion of cane crushing capacityat Munoli to 7,500 TCD | 63.50 |
| 2 | Increasing the capacity of theDistillery at Munoli to 120 KL | 15.00 |
| 3 | Setting up 15 MW CogenerationPower Plant at Unit III | 20.00 |
| 4 | Setting up 120 KL Distillery at Unit III | 30.00 |
| 5 | Repayment of existing Debt | 9.86 |
| Total | 138.36 |
About Shree Renuka Sugars IPO
Incorporated in October 1995, Shree Renuka Sugars Limited is a fully integrated sugar company focused on manufacturing, marketing and trading of sugar, power generation and ethanol production. It is one of the largest sugar refiners and ethanol producers in India, with a strong presence across the entire sugar value chain. It has evolved from a traditional sugar manufacturer into a biofuel-focused, renewable energy-driven business, aligning closely with India’s energy transition goals. Business Segments Sugar Segment Ethanol & Distillery Segment Power (Co-generation) The company runs eight modern sugar mills with a capacity of 37,500 TCD and two port-based refineries at Kandla and Haldia, specializing in raw sugar refining and exports. As a key player in India's green energy sector, it increased its ethanol capacity to 1,250 KLPD, boosting the nation's ethanol-blended program. As a subsidiary of Wilmar Sugar Holdings Pte Limited, the company has a global footprint, including sugarcane operations in Brazil. It is a major exporter of refined sugar and holds a 33% market share in the branded sugar segment with 'Madhur Sugars. Renuka focuses on environmental sustainability through in-h
Contact Details
Shree Renuka Sugars Ltd. AddressBC-105, Havelock RoadCampBelagavi, Karnataka, 590001+91 8312404000investor@renukasugars.comVisit Website