MAGADSUGAR

Magadh Sugar & Energy Ltd. engages in the manufacturing, production, and sale of sugar, sugar products, spirits and alcohol. The company employs 1,234 full-time employees The company went IPO on 2017-07-28. The firm's Sugar segment is engaged in the manufacture and sale of sugar, molasses and bagasse. The Distillery segment is engaged in the manufacture and sale of denatured spirits, including ethanol and bio-compost. The Co-generation segment is engaged in the generation and transmission of power. The company has about three sugar mills with a combined crushing capacity of approximately 17,500 tons of cane per day (TCD), one distillery at Narkatiaganj with a total capacity of approximately 60 kilo liters per day (KLPD) and a cogeneration facility generating approximately 38 megawatts (MW) power. The company is also setting up of approximately 75 KLPD distillery at its unit at Bharat Sugar Mills. Its sugar mills include New Swadeshi Sugar Mills, Bharat Sugar Mills and Hasanpur Sugar Mills. Its distillery plant is New Swadeshi Distillery.