Shri Venkatesh Refineries IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents
GMP
Subscription Status
Allotment Status
- About Shri Venkatesh Refineries
- Important Details – Shri Venkatesh Refineries
- Objects of the Issue
- Shri Venkatesh Refineries Limited Financials:
- Shri Venkatesh Refineries IPO Price – Details
- Shri Venkatesh Refineries IPO DRHP & RHP
- Shri Venkatesh Refineries IPO Lot Size
- Shri Venkatesh Refineries IPO Lead Managers
- Shri Venkatesh Refineries Registrar
- SVRL IPO Allotment Date, Listing Date
- Company Peers – Comparison of Accounting Ratios
- Company Registered Office
- Company Promoters
- Shri Venkatesh Refineries IPO – FAQS
About Shri Venkatesh Refineries
Shri Venkatesh Refineries Limited (SVRL) is one of the fastest-growing refinery company under Brand name “Rich Soya”. The company is primarily engaged in the business of refining and preservation of Edible oils mainly soyabean oil and cotton seed oil. The business process involves the purchase of the raw oil, then refining, packaging and selling of the edible oil. At present, the company has a refining capacity of almost 36000 tons. Apart from the refining of edible oil, the company also engaged in the business of trading of edible oil mainly soyabean oil, cotton seed oil and palm oil.
The company is one of the growing companies engaged in the refining of edible oil in the Maharashtra region selling the edible oil under the brand name “Rich Soya”. The focus on creating “Rich Soya” a leading brand name among the different edible oil brands by serving good quality and healthy edible oil at an affordable prices.
Important Details – Shri Venkatesh Refineries
| Date | Details |
|---|---|
| February 28, 2003 | The company was originally incorporated as “Shri Venkatesh Refineries Private Limited” Mumbai |
| December 10, 2020 | The company was converted into a public limited company |
| December 30, 2020 | The name of the company was changed to “Shri Venkatesh Refineries Limited” |
Objects of the Issue
- To meet Working Capital requirements
- General Corporate Purpose
- To meet issue expenses
Shri Venkatesh Refineries Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in Lakhs) | ||
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 9,340.60 | 6,725.52 | 4,911.10 |
| Total income | 33,699.35 | 23,551.77 | 22,698.87 |
| Total Expenses | 33,230.35 | 23,252.36 | 22,512.94 |
| Profit After Tax | 350.80 | 220.75 | 126.05 |
Shri Venkatesh Refineries IPO Price – Details
| Details | SVRL IPO Details |
|---|---|
| Public Issue | Initial Public Offer of up to 29,28,000 Equity Shares of ₹ 10 (aggregating up to ₹ 11.71 crores) |
| Issue Open Date | 29-Sep-21 |
| Issue Close Date | 01-Oct-21 |
| Issue Type | Fixed Price |
| IPO Price Band | ₹ 40 |
| Face Value | ₹ 10 |
| Market Lot | 3000 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 3000 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | BSE SME |
| NSE Symbol | SVRL |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Shri Venkatesh Refineries IPO DRHP & RHP
Shri Venkatesh Refineries IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 3000 | ₹ 1,20,000 |
| Maximum | 1 | 3000 | ₹ 1,20,000 |
Shri Venkatesh Refineries IPO Lead Managers
- Hem Securities Limited
Shri Venkatesh Refineries Registrar
- Purva Sharegistry (India) Pvt. Ltd
SVRL IPO Allotment Date, Listing Date
| Details | Date |
|---|---|
| Bid / Offer Opens on | 29-Sep-21 |
| Bid / Offer Closes on | 01-Oct-21 |
| Finalisation of Basis of Allotment | 06-Oct-21 |
| Initiation of refunds | 08-Oct-21 |
| Credit of the Equity Shares | 08-Oct-21 |
| Commencement of trading – Listing | 11-Oct-21 |
Company Peers – Comparison of Accounting Ratios
| Name of Company | Face Value | Total income, for Financial Year 2021 (in ₹ crores) | NAV, as on March 31, 2021 (₹ per share) |
| Shri Venkatesh Refineries Limited | 10 | 336.99 | 16.59 |
| Gokul Agro Resources Ltd | 2 | 7,682.05 | 23.01 |
| BCL Industries Ltd | 10 | 1,436.07 | 120.22 |
| Vijay Solvex Ltd | 10 | 2,075.42 | 661.42 |
| Ajanta Soya Ltd | 10 | 939.03 | 49.3 |
Company Registered Office
GAT NO. 16, Umarde,
Erandol, Jalgaon,
Maharashtra, 425109, India.
Website: www.richsoya.in
Company Promoters
- Mr. Dinesh Ganapati Kabre
- Mr. Anil Ganpati Kabre
- Mr. Shantanu Ramesh Kabre
- Mr. Prasad Dinesh Kabre
Shri Venkatesh Refineries IPO – FAQS
What is the Shri Venkatesh Refineries IPO Price?
The Shri Venkatesh Refineries IPO price band is 40 per share
When Shri Venkatesh Refineries IPO will open?
The Shri Venkatesh Refineries IPO opens on Sep 29, 2021 and closes on Oct 01, 2021
What is the lot size of Shri Venkatesh Refineries IPO?
The Shri Venkatesh Refineries IPO lot size is 3000 Equity Shares and the minimum order quantity is 3000 Equity Shares
Who is the Registrar for Shri Venkatesh Refineries IPO?
The Registrar for Shri Venkatesh Refineries IPO is Purva Sharegistry (India) Private Limited
How to apply in Shri Venkatesh Refineries IPO through UPI?
Check the step by step process here – Click here
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