IPO : Ishan International Limited

Incorporated in 1995, Ishan International Limited is engaged in contracting and building projects that focus on supplying machines, erection/installation, commissioning and operational training for sugar, jaggery, pharmaceutical, hydropower plants and pollution control systems. The company is selling heavy engineering equipment in international markets on various overseas projects, particularly in the Philippines, Vietnam and Indonesia to esteemed clients. Ishan International Limited has set up overseas offices in the Philippines, Indonesia, Hanoi (Vietnam), Ho Chi Minh City (Vietnam) and Kenya (in the process). The company’s core strength Quality Management System in place under ISO 9001: 2015.

Ishan International Limited’s products include ESPs, Jaggery Plant and Equipment, Cane Crushing Equipment, Mill Cheeks, Gear Boxes, Rope Couplings, Ropeless Couplings, Square Couplings, Automation Equipment, Complete Rollers, Bare Shells, Hammers Tips, Shafts, Juice Rings, Fibrizer, AC Motor for 1500KW Mill Drive with Accessories, Grooving Tools, Tableting machines, Powder filling lines, Liquid filling lines, Lab equipment, Sterilizing tunnels, Washing machines, AHUs, Filters, Distillation units, Automatic High-Speed Labeling Machine, Tablet Dissolution Test Apparatus, Pure Steam Generator, among other.

Competitive Strengths :

  • Strong brand presence in South-East Asia.
  • Diversification in various sectors ensures steady revenue.
  • Sustainable and Strong Order Book.
  • Focus on quality, cost efficiencies and timely implementation.
  • Well Established Supply and Logistic Chain.

Objectives of the Issue :

The Net Proceeds from the Issue are proposed to be utilized by the Company for the following:

1) Funding the Proposed Joint Venture and/or Acquisition.

2) To meet the Working Capital requirements.

3) General Corporate Expenses.

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