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    Vishwanath Sugar files for 3.74 bln rupee IPO

    MUMBAI (Reuters) - Vishwanath Sugar and Steel Industries Ltd said on Monday it filed for an initial public offering to raise 3.74 billion rupees .

    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.

    (Reporting by Indulal PM; Editing by Rajesh Pandathil)

     

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