Shri Venkatesh Refineries Limited
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Shri Venkatesh Refineries Limited's successfully transitioned to public market status with its listing on BSE on Oct 11, 2021. The IPO mobilized 29,28,000 Shares in cumulative capital, including TBD for corporate expansion.
The public offering was conducted within the price parameters of ₹40 to ₹40, with minimum investment lots of 3000 shares. subscription activity between Sep 29, 2021 and Oct 01, 2021 demonstrated market reception to the company's valuation and growth narrative.
The allotment process concluded on Oct 06, 2021, finalizing share distribution to successful bidders. The listing represents a transformational event, providing the company with enhanced market visibility, regulatory compliance framework, and access to diversified investor capital.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2003, Shri Venkatesh Refineries is a growing edible oil refining company in Maharashtra operating under the brand name Rich Soya. The company focuses on refining and preserving edible oils such as soybean and cottonseed oil, with a total refining capacity of 36,000 tons, and is also involved in trading soybean, palm, cottonseed, and sunflower oils. It aims to build Rich Soya as a trusted edible oil brand by offering quality products at affordable prices and operates a manufacturing facility in Jalgaon, Maharashtra with a storage capacity of 6,000 MT.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Strong Brand: “Rich Soya” is a well-known name in the edible oil industry.
- High Quality Products: Offers best-in-class edible oil products.
- Wide Distribution Network: Supported by 140+ dealers and distributors across Maharashtra.
- Experienced Management: Led by a capable and quality-focused management team.
NA
- Mr. Dinesh Ganapati Kabre
- Mr. Anil Ganapati Kabre,
- Mr. Shantanu Ramesh Kabre
- Mr. Prasad Dinesh Kabre
Shri Venkatesh Refineries Limited
Purva Sharegistry India Private Limited