Shri Venkatesh Refineries Limited IPO

BSE SME

Listed On: Oct 11, 2021 at ₹ 42.00

₹ 120000 /3000 Shares

Check Allotment

IPO Details

29 Sep, 2021

Open Date

01 Oct, 2021

Close Date

05 Oct, 2021

Allotment Date

11 Oct, 2021

Listing Date

Issue Price

₹40 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

List Price

42.00

Listing Date

2021-10-11

Market Lot

3000 Shares (₹120,000/-)

Lead Manager

Hem Securities Limited

Issue Size

2,928,000 Eq Shares of ₹10(aggregating up to ₹11.71 Cr)

Retail Portion

N/A

Subscription

3.12 times

IPO Docs

IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	13,89,000	13,92,000	27,81,000
Day 1 - 29-09-21 06:00 PM	1.16 x	0.66 x	0.91 x
Day 2 - 30-09-21 06:00 PM	1.25 x	1.59 x	1.42 x
Day 3 - 01-10-21 06:00 PM	2.43 x	3.81 x	3.12 x

Valuations

Earnings Per Share (EPS)

₹3.17/-

P/E Ratio

12.61

RoNW

26%

Net Asset Value (NAV) - Post Issue

₹22.79/-

Company Financials All values are in ₹ Cr.

	30-Sep-20	31-Mar-20	31-Mar-19
Assets	91.90	67.25	49.11
Revenue	132.36	235.51	226.98
Profit After Tax	1.60	2.20	1.26

About The Company

ncorporated in 2003, Shri Venkatesh Refineries is one of the growing edible oil refining companies in Maharashtra under the brand name, Rich Soya. It primarily undertakes refining and preservation of Edible oils (Soyabean oil and cotton seed oil) and has a total refining capacity of 36000 tons. It is further engaged in the trading activities of soyabean oil, palm oil, cotton seed oil, and sunflower oil. The company aims to create Rich Soya a leading edible oil brand name by serving quality edible oil at an affordable price.
The company has a manufacturing facility located at Jalgaon, Maharashtra with a total storing capacity of 6000 MT.

- Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: %

Company Promoter(s)

Mr. Dinesh Ganapati Kabre
Mr. Anil Ganapati Kabre,
Mr. Shantanu Ramesh Kabre
Mr. Prasad Dinesh Kabre

IPO - Issue Objectives

Meet working capital requirements.
General corporate puropses.
To meet issue expenditures.

IPO - FAQs

Ans. Shri Venkatesh Refineries Limited IPO is a SME IPO. The issue is priced at ₹40 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Sep 29, 2021, and closes on Oct 1, 2021. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Shri Venkatesh Refineries Limited IPO opens on Sep 29, 2021 and closes on Oct 1, 2021.

Ans. The size of Shri Venkatesh Refineries Limited IPO is 2,928,000 Eq Shares of ₹10(aggregating up to ₹11.71 Cr).

Ans. The IPO price band is set between ₹40 per equity share.

Ans. To apply for Shri Venkatesh Refineries Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Shri Venkatesh Refineries Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Shri Venkatesh Refineries Limited IPO is Oct 5, 2021.

Ans. The Shri Venkatesh Refineries Limited IPO will be listed on Oct 11, 2021.

Ans. Follow the steps to check the allotment status for Shri Venkatesh Refineries Limited IPO here.