Shri Venkatesh Refineries Limited IPO
BSE SME₹120,000 / 3000 Shares
Shri Venkatesh Refineries Limited IPO Details
The Shri Venkatesh Refineries Limited IPO price band is set between ₹40 per equity share, with a face value of ₹10 per share. The issue is managed by , and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 29 Sep, 2021 and closes on 1 Oct, 2021. Investors can check the allotment status on 5 Oct, 2021, while the listing date is tentatively scheduled for 11 Oct, 2021.
The total issue size is 2,928,000 Eq Shares of ₹10, aggregating up to ₹11.71 Cr. Stay tuned for the latest Shri Venkatesh Refineries Limited IPO review and GMP updates.
Shri Venkatesh Refineries Limited IPO Review, Rating & Analysis
Shri Venkatesh Refineries Limited IPO Review
NO REVIEWShri Venkatesh Refineries Limited IPO Rating
Shri Venkatesh Refineries Limited IPO Highlights
IPO Date
Sep 29, 2021 - Oct 1, 2021
Listing Date
11 Oct, 2021
Face Value
₹10 Per Equity Share
Price Band
₹40 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Shri Venkatesh Refineries Limited IPO Lot Size
The minimum market lot for Shri Venkatesh Refineries Limited IPO is 3000 shares with an application amount of ₹1,20,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹1,20,000 |
| Retail (Max) | 1 | 3000 | ₹1,20,000 |
| S-HNI (Min) | 2 | 6000 | ₹2,40,000 |
| S-HNI (Max) | 8 | 24000 | ₹9,60,000 |
| B-HNI (Min) | 9 | 27000 | ₹10,80,000 |
Shri Venkatesh Refineries Limited IPO Timeline
Issue Price
₹40 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Lead Manager
Hem Securities LimitedIssue Size
2,928,000 Eq Shares of ₹10(aggregating up to ₹11.71 Cr)Shri Venkatesh Refineries Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sep 20 | 91.90 | 132.36 | 1.60 | - | - | - |
| 31 Mar 20 | 67.25 | 235.51 | 2.20 | - | - | - |
| 31 Mar 19 | 49.11 | 226.98 | 1.26 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Dinesh Ganapati Kabre
- Mr. Anil Ganapati Kabre,
- Mr. Shantanu Ramesh Kabre
- Mr. Prasad Dinesh Kabre
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | % |
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.
Shri Venkatesh Refineries Limited 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 |
Frequently Asked Questions about Shri Venkatesh Refineries Limited IPO IPO
When will Shri Venkatesh Refineries Limited IPO open for subscription?
The Shri Venkatesh Refineries Limited IPO opens on 29 Sep, 2021 and closes on 1 Oct, 2021.
What is the investors portion for Shri Venkatesh Refineries Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1392000.
How to apply for Shri Venkatesh Refineries Limited IPO?
You can apply for Shri Venkatesh Refineries Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Shri Venkatesh Refineries Limited IPO?
The issue size of Shri Venkatesh Refineries Limited IPO is approx ₹2,928,000 Eq Shares of ₹10(aggregating up to ₹11.71 Cr) crores.
What is the price band of Shri Venkatesh Refineries Limited IPO?
The price band for Shri Venkatesh Refineries Limited IPO is ₹40 per equity share to ₹undefined.
What is the lot size of Shri Venkatesh Refineries Limited IPO?
The minimum bid (lot size) for Shri Venkatesh Refineries Limited IPO is N/A shares with an investment of approx ₹120,000 .
What is the allotment date of Shri Venkatesh Refineries Limited IPO?
The allotment date for Shri Venkatesh Refineries Limited IPO is 5 Oct, 2021.
What is the listing date of Shri Venkatesh Refineries Limited IPO?
The listing date for Shri Venkatesh Refineries Limited IPO is expected to be 11 Oct, 2021.
What is the GMP of Shri Venkatesh Refineries Limited IPO?
The latest Grey Market Premium (GMP) for Shri Venkatesh Refineries Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.