Vishwaraj Sugar Industries Ltd.
 
Bellad Bagewadi, Taluka Hukkeri, Belagavi District, Karnataka - 591305
Phone: 251251 Fax: 251323

Public Issue of 10000000 Equity Shares of Rs 10.00 each for Cash at a Premium of Rs 50.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
30/09/201904/10/201960.00 -
Lead Managers Registrar Listed at
ARYAMAN FINANCIAL SERVICES LIMITED
Bigshare Services Pvt. Ltd.
1st Floor, Bharat Tin Works Building,
opp. Vasant Oasis,, Makwana Road, Marol,
Mumbai, Maharashtra - 400059
Phone: 62638200 Fax: 26238299
BSE
NSE
Object of the issue

The Offer comprises of a Fresh Issue by the Company and an Offer for Sale by the Selling Shareholders.

The Offer for Sale

The Selling Shareholders propose to sell an aggregate of up to 70,00,000 Equity Shares held by them, aggregating up to
Rs. [?] lakhs. the Company will not receive any proceeds of the Offer for Sale by the Selling Shareholders.

Promoted by

The Promoters of the Company are :

1. Mr. Umesh Katti
2. Mr. Ramesh Katti
3. Mr. Nikhil Katti
4. Mrs. Sheela Katti
5. Mrs. Jayashree Katti
6. Mr. Lava Katti
7. Mr. Kush Katti
8. Mrs. Sneha Nithin Dev


1. Mr. Umesh Katti : Mr. Umesh Katti, aged 60 years, is the founding Promoter of the Company. He is designated as Chairman & Non-Executive Director on the Board of the Company. He has done his Pre-University Cthese from K. L. E. Society’s Lingaraj College, Belgaum. He has over 16 years of experience in the sugar industry. He has been elected as an M.L.A. of the Karnataka Legislature eight times from Hukkeri. He was a Cabinet Minister in the Government of Karnataka between 1996-1999 holding the portfolio of the Sugar Ministry as well as Public Works. He had held various positions in the Government of Karnataka over the years being Minister in Charge of Belgaum District, Minister in charge of Prisons, Horticulture Minister etc. Currently, besides, being a Member of Legislative Assembly, he is also a member of the Committee on Public Undertaking of Karnataka Legislative Assembly. The expertise of Mr. Umesh Katti in the sugar industry as well as in agriculture helps in the formulation of the policies of the Company.

Voter ID : LJP1950013
PAN : ABYPK7251L
Passport Number : Z2249153

2. Mr. Ramesh Katti : Mr. Ramesh Katti, aged 54 years, is a Promoter of the Company. He is the younger brother of Mr. Umesh Katti. He has over 20 years of experience in the sugar industry. He also has experience in engineering and banking sector having held management positions in various private and co-operative organisations. He is the elected Chairman & Non – Executive Director of The Belagavi District Central Co-operative Bank Limited (BDCC Bank). He has actively participated in the cooperative movement and is a keen social activist as a founder of the Rahul Katti Sports & Social Club. He was the Member of Parliament from the Chikkodi Constituency in the 15th Lok Sabha. He has been felicitated with the Bhartiya Udyog Ratna Award by The Indian Economic Development; the Rashtriya Udyog Ratna Award; the Udyog Vikas Ratna Award and other regional and national recognitions.

Voter ID : LJP1168814
PAN : BCOPK4964J
Passport Number : Z4358935

3. Mr. Nikhil Katti : Mr. Nikhil Katti, aged 36 years, is a Promoter and the Managing Director of the Company. He holds a Bachelor degree of Business Administration from Karnataka University, Dharwad as well as a degree of Masters in Business Administration (MBA) in International Marketing from the University of Wales. He was serving on the Board
of the Company since 2009. Having gained over 8 years experience in the sugar industry, he is responsible for the overall growth and development of all the segments especially the distillery unit. He is also involved in the marketing of the products of the Company and has been instrumental in the brand positioning and expansion of the Indian Made Liquor (IML) products. He is also a Member of Zilla Panchayat Ammanagi.

Voter ID : XYF2414936
PAN : ANCPK9007C
Passport Number : R2128923
Driving License : KA22-20060006518

4. Mrs. Sheela Katti : Mrs. Sheela Katti, aged 53 years, is one of the Promoters of the Company. She is the wife of the founding Promoter Mr. Umesh Katti. She is currently a home maker and is actively associated with religious and social activities of her community.

Voter ID : LJP1950047
PAN : BBDPK1732N
Passport Number : P1831465

5. Mrs. Jayashree Katti : Mrs. Jayashree Katti, aged 49 years, is one of the Promoters of the Company. She is the wife of the Promoter Mr. Ramesh Katti. She is currently a home maker and is actively associated with religious and social activities of her community

Voter ID : LJP1171735
PAN : BAJPK3119C
Passport Number : M3365177

6. Mr. Lava Katti : Mr. Lava Katti, aged 32 years, is a Promoter and Whole-time Director of the Company. He holds a Bachelor degree of Business Administration from Karnataka University, Dharwad. He also completed his Master in Business Administration from Cardiff Metropolitan University. He was serving on the Board of the Company since 2013. He has experience in administrating distillery and co-generation units of the Company and also looking after agriculture. He is also part of many social works in this region of Hukkeri Taluka and surrounding villages. He is on the advisory panel of a century old financial institution named Prathamika Krishi Patin Sahakari Sangh Limited, Bellad Bagewadi which caters to the needs of thousands of Farmers. He is serving many social activities through Rahul Katti Sports and Social Club.

Voter ID : XYF0555367
PAN : AZTPK3776B
Passport Number : P8156920
Driving License : KA49 20090012860

7. Mr. Kush Katti : Mr. Kush Katti, aged 32 years, is a Promoter and Whole-time Director of the Company. He has completed his Master degree in Business Administration from ESC Pau Business School, France. He has been serving on the Board of the Company since 2013 and is instrumental in maintaining cordial relations with farmers and ensuring
sugarcane supply to the factory. He is also associated as a Director with Bellad Bagewadi Urban Souhard Bank located in Bellad Bagewadi. He is also part of many social works in this region and takes active part in administrating Shri V. M. Katti Educational Trust, which includes primary, secondary, PU college and ITI colleges. Further, he undertakes many social activities through Rahul Katti Sports and Social Club.

Voter ID : XYF0555359
PAN : AZTPK3775C
Passport Number : M9193192
Driving License : KA49 20090012859

8. Mrs. Sneha Nithin Dev : Sneha Nithin Dev, aged 33 years, is the Promoter of the Company. She is the daughter of the Promoter Mr. Umesh Katti. She is currently a home maker and is actively associated with social activities of her community.

Voter ID : XYF0168088
PAN : AQOPK2775Q
Passport Number : J2384050
Driving License : KA22 20060004050