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Vishwanath Sugar files for Rs 3.74 bn IPO

Published on Mon, Jan 16, 2012 at 13:16 |  Source : Reuters

Updated at Mon, Jan 16, 2012 at 14:20  

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Vishwanath Sugar files for Rs 3.74 bn IPO

Vishwanath Sugar and Steel Industries said on Monday it filed for an initial public offering to raise Rs 3.74 billion.

The company, based in Belgaum, Karnataka, produces sugar, alcoholic spirits by distillation including ethanol, blending and bottling of indian made foreign liquor and generation of power, it said in a statement.

Ashika Capital Ltd is the lead manager to the issue.

  

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