IPO

Shri Venkatesh Refineries Limited IPO

BSE SME

Listed On: Oct 11, 2021 at ₹ 42.00

₹ 240000 /6000 Shares
*Min Investment

Check Allotment

29 Sep, 2021

Open Date

01 Oct, 2021

Close Date

05 Oct, 2021

Allotment Date

11 Oct, 2021

Listing Date
IPO Issue Details
  • Issue Price ₹40 per equity share
  • Face Value ₹10 Per Equity Share 
  • Issue Price 2,928,000 Eq Shares of ₹10(aggregating up to ₹11.71 Cr)
  • Listing at BSE SME
  • List Price 42.00
  • Listing Date 2021-10-11
  • Lead Manager Hem Securities Limited
  • Registrar
IPO Details
  • Retail Portion N/A
IPO Documents
IPO Details


Shri Venkatesh Refineries Limited IPO is an SME IPO, priced at ₹40 per equity share. The equity shares have a face value of ₹10 Per Equity Share  each and will be listed on the BSE SME platform.

The IPO bidding window is open from Sep 29, 2021 to Oct 1, 2021. The allotment is expected to be finalized on Oct 5, 2021, and the tentative listing date is Oct 11, 2021.



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IPO Subscription Analysis And Details
Retail
3.81x
Total
3.12x
As onQIB / NIIRetailTotal
Shares Offered / Reserved13,89,00013,92,00027,81,000
Day 1 29-09-21 06:00 PM
1.16 x0.66 x0.91 x
Day 2 30-09-21 06:00 PM
1.25 x1.59 x1.42 x
Day 3 01-10-21 06:00 PM
2.43 x3.81 x3.12 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
In Crs.
In Cr.
30-Sep-2031-Mar-2031-Mar-19
Assets91.9067.2549.11
Revenue132.36235.51226.98
Profit After Tax1.602.201.26
About 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.

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- Promoter(s)

Mr. Dinesh Ganapati Kabre

Mr. Anil Ganapati Kabre,

Mr. Shantanu Ramesh Kabre

Mr. Prasad Dinesh Kabre

Pre Issue Share Holding : 100%

Post Issue Share Holding : %

IPO - Issue Objectives
1

Meet working capital requirements.

2

General corporate puropses.

3

To meet issue expenditures.