Bookbuilding IPO | ₹136 Cr | Listed at BSE, NSE | Thu, Mar 16, 2006 - Tue, Mar 21, 2006
Uttam Sugar Mills IPO is a book build issue of ₹136.00 crores. The issue is entirely a fresh issue of 0.40 crore shares of ₹136.00 crore.
Uttam Sugar Mills IPO bidding started from Mar 16, 2006 and ended on Mar 21, 2006. Uttam Sugar Mills IPO will list on the NSE and the BSE with a tentative listing date fixed as Apr 10, 2006.
Uttam Sugar Mills IPO is set final issue price at ₹340 per share.
IL&FS Investsmart Securities Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Uttam Sugar Mills IPO RHP for detailed Information.
IPO Open
Thu, Mar 16, 2006
IPO Close
Tue, Mar 21, 2006
Issue Price
₹340 per share
Market Cap (Pre-IPO)
₹876.15 Cr
| IPO Date | 16 to 21 Mar, 2006 |
| Listed on | Mon, Apr 10, 2006 |
| Face Value | ₹10 per share |
| Price Band | ₹290 to ₹340 |
| Issue Price | ₹340 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 40,00,000 shares (agg. up to ₹136 Cr) |
| Fresh Issue | 40,00,000 shares (agg. up to ₹136 Cr) |
| Share Holding Pre Issue | 2,17,69,000 shares |
| Share Holding Post Issue | 2,57,69,000 shares |
| BSE Script Code / NSE Symbol | 532729 / UTTAMSUGAR |
| ISIN | INE786F01031 |
Uttam Sugar Mills IPO comprises a total issue size of 40,00,000 shares. Out of which, 24,00,000 (60.00%) are allocated to QIB, 4,00,000 (10.00%) allocated to NII 12,00,000 (30.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue |
|---|---|---|
| QIB Shares Offered | 24,00,000 | 60.00% |
| NII (HNI) Shares Offered | 4,00,000 | 10.00% |
| Retail Shares Offered | 12,00,000 | 30.00% |
| Total Shares Offered | 40,00,000 | 100.00% |
Incorporated in 1993,Uttam Sugar Mills Limited is a prominent Indian sugar producer (part of the Adlakha family-promoted Uttam Group) focused on manufacturing, marketing, and exporting premium plantation white and double-refined sugar .
The company operates through three main business segments:
It operates four integrated plants in Uttar Pradesh and Uttarakhand with a crushing capacity of roughly 27,000 TCD, producing speciality sugars, ethanol, and co-generated power.
Beyond refined and white sugar, they produce speciality sugars (e.g., icing, caster, brown), liquid sugar, pharma-grade sugar, ethanol (300 KLPD capacity), and power (122 MW cogeneration). The company markets its products under the brand name "Uttam Sugar" .
Its portfolio includes 21 different products used in pharmaceuticals, beverages, and confectionery.
The company's major clients include hotel chains such as Taj and The Leela, as well as global FMCG brands such as Pepsi, Cadbury, Britannia, and Mother Dairy.
The company is available through major retailers and e-commerce platforms like Amazon, Flipkart, Blinkit and Zepto.
| Period Ended | 30 Sep 2005 | 30 Sep 2004 | 30 Sep 2003 |
|---|---|---|---|
| Total Income | 165.48 | 98.62 | 83.67 |
| Profit After Tax | 4.71 | -3.84 | -1.81 |
| NET Worth | 61.05 | 31.38 | 18.55 |
| Reserves and Surplus | 40.86 | 12.20 | 3.00 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up of Unit III at village Khaikheri having a capacity of 4500 TCD along with12172co-generation of power with a capacity of 15 MW | 121.72 |
| 2 | Setting up of Unit IV at village Shermau having a capacity of 5000 TCD along with14758co-generation of power with a capacity of 30 MW | 147.58 |
| 3 | Margin money for working capital for new Unit III and Unit IV | 16.70 |
| 4 | Issue expenses | 1.05 |
| Total | 287.05 |
| KPI | Sep 30, 2005 |
|---|---|
| Debt/Equity | 2.41 |
| RoNW | 44.80% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 98.56% | 83.25% |
| Market Cap | ₹876.15 Cr. |
The Uttam Sugar Mills IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 4.63 | 40,00,000 | 1,85,31,740 | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Management, Underwriting and Selling Commission | 4.08 |
| 2 | Advertisement & Marketing Expenses | 0.90 |
| 3 | Printing & Stationery, Distribution, Postage, etc. | 1.62 |
| 4 | Other Expenses (incl. Fees of Registrar, Legal Advisor, Auditors and Tax Auditors, Filing Fees, Listing Fees, Depository Charges, etc.) | 0.45 |
| Total | 7.05 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹340.00 | ₹340.00 |
| Open | ₹380.00 | ₹379.70 |
| Low | ₹365.00 | ₹375.10 |
| High | ₹453.00 | ₹453.00 |
| Last Trade | ₹417.35 | ₹416.30 |
Uttam Sugar Mills IPO is a main-board IPO of 40,00,000 equity shares of the face value of ₹10 aggregating up to ₹136 Crores. The issue is priced at ₹340 per share. The minimum order quantity is .
The IPO opens on Thu, Mar 16, 2006, and closes on Tue, Mar 21, 2006.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Uttam Sugar Mills IPO using UPI as a payment gateway. Zerodha customers can apply in Uttam Sugar Mills IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Uttam Sugar Mills IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Uttam Sugar Mills IPO opens on Thu, Mar 16, 2006 and closes on Tue, Mar 21, 2006.
Uttam Sugar Mills IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Uttam Sugar Mills 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 Uttam Sugar Mills IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Uttam Sugar Mills IPO allotment status.
The Uttam Sugar Mills IPO listing date is on Mon, Apr 10, 2006.
