Vishwaraj Sugar Industries is planning to launch an initial public offer (IPO) in February-March 2013 to raise up to INR 3.74 billion. Mukesh Kumar, Executive Director of Vishwaraj Sugar said, "We are planning to launch our IPO in February or March." Mukesh Kumar added that SEBI has given its approval for the IPO. Kumar added, "We plan to raise up to INR 3.74 billion.

The company will use the proceeds of the IPO for expansion, which include doubling the cane crushing capacity to 11,000 tonnes per day (TCD) from the present 5,500 TCD." Vishwaraj Sugar will utilize part of IPO proceeds to expand its power co-generation capacity to 66 MW from current 36 MW.