Issue Price
₹40
Per Share
GMP
NIL
Grey Market
Est. Listing
₹40
Expected Price
Min. Application
₹240,000
2 lots × 3000 shares
Incorporated 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.Competitive strengths"Rich Soya" is a strong brand name in the edible oil industry.Best quality edible oil products.Established distribution network with 140+ dealers and distributors across the state of Maharashtra.Experienced and quality management team.
Shri Venkatesh Refineries Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 147,000 | — | ₹0.59 Cr | — |
| TOTAL | 2,928,000 | 100.00% | ₹11.71 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹120,000 |
| Retail (Max) | 13 | 39,000 | ₹1,560,000 |
| sNII (Min) | 14 | 42,000 | ₹1,680,000 |
| bNII (Min) | 68 | 204,000 | ₹8,160,000 |
| Particulars | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 |
|---|---|---|---|
| Revenue from Operations | 336.99 | 235.52 | 226.99 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 3.51 | 2.21 | 1.26 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 93.41 | 67.26 | 49.11 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |