Bookbuilding IPO | ₹110 Cr | Listed at BSE, NSE | Fri, Oct 7, 2005 - Fri, Oct 14, 2005
Shree Renuka Sugars IPO is a book build issue of ₹110.00 crores. The issue is entirely a fresh issue of 0.39 crore shares of ₹110.00 crore.
Shree Renuka Sugars IPO bidding started from Oct 7, 2005 and ended on Oct 14, 2005. The shares got listed on NSE and BSE on Oct 31, 2005.
Shree Renuka Sugars IPO is set final issue price at ₹285 per share.
JM Morgan Stanley Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Shree Renuka Sugars IPO DRHP for detailed Information.
IPO Open
Fri, Oct 7, 2005
IPO Close
Fri, Oct 14, 2005
Issue Price
₹285 per share
Market Cap (Pre-IPO)
To be declared
| IPO Date | 7 to 14 Oct, 2005 |
| Listed on | Mon, Oct 31, 2005 |
| Face Value | ₹10 per share |
| Price Band | ₹250 to ₹300 |
| Issue Price | ₹285 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 38,59,649 shares (agg. up to ₹110 Cr) |
| Fresh Issue | 38,59,649 shares (agg. up to ₹110 Cr) |
| Share Holding Pre Issue | 2,00,00,000 shares |
| Share Holding Post Issue | 2,38,59,649 shares |
| BSE Script Code / NSE Symbol | 532670 / RENUKA |
| ISIN | INE087H01022 |
Shree Renuka Sugars IPO comprises a total issue size of 38,59,649 shares. Out of which, 23,15,789 (60.00%) are allocated to QIB, 3,85,965 (10.00%) allocated to NII 11,57,895 (30.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue |
|---|---|---|
| QIB Shares Offered | 23,15,789 | 60.00% |
| NII (HNI) Shares Offered | 3,85,965 | 10.00% |
| Retail Shares Offered | 11,57,895 | 30.00% |
| Total Shares Offered | 38,59,649 | 100.00% |
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
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-house power cogeneration (143 MW capacity) and has won accolades for its environmental compliance.
| 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 | |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | 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 |
| KPI | Jun 30, 2005 |
|---|---|
| RoNW | 23.23% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 55.79% | 46.77% |
The Shree Renuka Sugars IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 14.24 | 38,59,649 | 5,49,67,992 | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Management, underwriting and selling commission fees | 3.90 |
| 2 | Registrars fee | 0.20 |
| 3 | Advertising and Marketing expenses | 1.20 |
| 4 | Printing and stationery | 1.40 |
| 5 | Others (legal fee, listing fee, Auditors, Book Building fees, etc.) | 0.50 |
| Total | 7.20 |
| Price Details | NSE | BSE |
|---|---|---|
| Final Issue Price | ₹285.00 | ₹285.00 |
| Open | ₹315.00 | ₹310.00 |
| Low | ₹257.00 | ₹258.00 |
| High | ₹315.00 | ₹325.00 |
| Last Trade | ₹260.30 | ₹261.85 |
Lead Manager Reports
Shree Renuka Sugars IPO is a main-board IPO of 38,59,649 equity shares of the face value of ₹10 aggregating up to ₹110 Crores. The issue is priced at ₹285 per share. The minimum order quantity is .
The IPO opens on Fri, Oct 7, 2005, and closes on Fri, Oct 14, 2005.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Shree Renuka Sugars IPO using UPI as a payment gateway. Zerodha customers can apply in Shree Renuka Sugars IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Shree Renuka Sugars IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Shree Renuka Sugars IPO opens on Fri, Oct 7, 2005 and closes on Fri, Oct 14, 2005.
Shree Renuka Sugars IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Shree Renuka Sugars IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Shree Renuka Sugars IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Shree Renuka Sugars IPO allotment status.
The Shree Renuka Sugars IPO listing date is on Mon, Oct 31, 2005.
