Shri Venkatesh Refineries Limited IPO (Shri Venkatesh Refineries IPO)

Shri Venkatesh Refineries IPO
Upcoming Shri Venkatesh Refineries IPO | New Shri Venkatesh Refineries IPO

Compiled in 2003, Shri Venkatesh Refineries is one of the fastest growing oil refining companies in Maharashtra under the name, Rich Soya. It mainly purifies and preserves edible oil (Soyabean oil and cotton seed flour) and has a total cooking capacity of 36000 tons. It also continues to trade in soyabean oil, palm oil, cotton seed oil, and sunflower oil. The company aims to create the “Rich Soya” brand of edible oil products by delivering high quality edible oil at an affordable price.

The company has a production facility located in Jalgaon, Maharashtra with a final capacity of 6000 MT.

Shri Venkatesh Refineries IPO

Competitive Strengths

  • “Rich Soya” is a strong brand name in the edible oil industry.
  • Best quality edible oil products.
  • Established distribution network with 140+ dealers and distributors across the state of Maharashtra.
  • Experienced and quality management team.

Company Promoters

Mr. Dinesh Ganapati Kabre, Mr. Anil Ganapati Kabre, Mr. Shantanu Ramesh Kabre and Mr. Prasad Dinesh Kabre are the company promoters.

Company Financials

ParticularsFor the year/period ended (₹ in Lakhs)
30-Sep-2031-Mar-2031-Mar-1931-Mar-18
Total Assets9,190.116,725.524,911.103,346.43
Total Revenue13,236.8823,551.7722,698.8713,242.84
Profit After Tax160.22220.75126.0558.67

Objects Of The Issue

The net proceed from the IPO will be utilized towards the following purposes;

  • Meet working capital requirements.
  • General corporate puropses.
  • To meet issue expenditures.
Shri Venkatesh Refineries IPO
Object Of The Issue

Shri Venkatesh Refineries IPO Details

IPO Opening DateSep 29, 2021
IPO Closing DateOct 01, 2021
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹40 per equity share
Market Lot3000 Shares
Min Order Quantity3000 Shares
Listing AtBSE SME
Issue Size2,928,000 Eq Shares of ₹10
(aggregating up to ₹11.71 Cr)

Shri Venkatesh Refineries IPO Lot Size

ApplicationLotsSharesAmount (Cut-off)
Minimum13000₹120,000
Maximum13000₹120,000

Shri Venkatesh Refineries IPO Promoter Holding

Pre Issue Share Holding100%
Post Issue Share Holding

Company Contact Information

Shri Venkatesh Refineries Limited

GAT NO. 16, Umarde,
Erandol, Jalgaon, 425109

Phone: +91-02588-244452
Email: info@richsoya.in
Websitehttp://www.richsoya.in/

Shri Venkatesh Refineries IPO Registrar

Purva Sharegistry India Pvt Ltd

Phone: +91-022-23018261/ 23016761
Email: support@purvashare.com
Websitehttp://www.purvashare.com

Shri Venkatesh Refineries IPO Lead Manager(s)

1. Hem Securities Limited

Shri Venkatesh Refineries IPO FAQs

When Shri Venkatesh Refineries IPO will open?

The Shri Venkatesh Refineries IPO dates are 29 Sep 2021 To 01 Oct 2021.
What is the lot size of Shri Venkatesh Refineries IPO?

Shri Venkatesh Refineries IPO lot size and the minimum order quantity is 3000 Shares.
How to apply for Shri Venkatesh Refineries IPO?

You can apply in Shri Venkatesh Refineries IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services.
When is Shri Venkatesh Refineries IPO listing date?

The Shri Venkatesh Refineries IPO listing date is not announced. The date of Shri Venkatesh Refineries IPO listing is [].