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.
- “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.
Mr. Dinesh Ganapati Kabre, Mr. Anil Ganapati Kabre, Mr. Shantanu Ramesh Kabre and Mr. Prasad Dinesh Kabre are the company promoters.
|Particulars||For the year/period ended (₹ in Lakhs)|
|Profit After Tax||160.22||220.75||126.05||58.67|
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 Details
|IPO Opening Date||Sep 29, 2021|
|IPO Closing Date||Oct 01, 2021|
|Issue Type||Fixed Price Issue IPO|
|Face Value||₹10 per equity share|
|IPO Price||₹40 per equity share|
|Market Lot||3000 Shares|
|Min Order Quantity||3000 Shares|
|Listing At||BSE SME|
|Issue Size||2,928,000 Eq Shares of ₹10|
(aggregating up to ₹11.71 Cr)
Shri Venkatesh Refineries IPO Lot Size
Shri Venkatesh Refineries IPO Promoter Holding
|Pre Issue Share Holding||100%|
|Post Issue Share Holding|
Company Contact Information
|Shri Venkatesh Refineries Limited|
GAT NO. 16, Umarde,
Erandol, Jalgaon, 425109
Shri Venkatesh Refineries IPO Registrar
|Purva Sharegistry India Pvt Ltd|
Phone: +91-022-23018261/ 23016761
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 .