Let’s have a detailed review of the company and analytics of the Shri Venkatesh Refineries Limited IPO release date, IPO offer price, subscription, Shri Venkatesh Refineries Limited IPO allotment, grey market price and other details like the company’s background, its financial positions, its promoters and other related things.

Face ValueRs 10
Price BandRs [●]
Listing AtBSE SME
Min. Order QuantityNA
Listing DateNA
Offer for SaleRs Million
Fresh IssueRs Million
IPO SizeRs Million
Tick Size1

Shri Venkatesh Refineries Limited IPO is listed at [●] premium. Check out the live share price by clicking on the below link.


Shri Venkatesh Refineries Limited IPO – Summary

Shri Venkatesh Refineries Limited IPOTheir Company, was originally incorporated as Shri Venkatesh Refineries Limited on May 03, 2011 under the provisions of Companies Act, 1956.

Their Company has been in the business of Climate Change Advisory Services, Carbon Credits Trading, Business Excellence Advisory and Elect

The Promoters of this company is Mr. Dinesh Ganapati Kabre, Mr. Anil Ganpati Kabre, Mr. Shantanu Ramesh Kabre & Mr. Prasad
Dinesh. The lead manager to the issue is HEM SECURITIES LIMITED, and the Registrar to this issue is Purva Sharegistry (India) Pvt. Ltd. (Purva).


Shri Venkatesh Refineries Limited IPO Date

The opening and the closing date of IPO of Shri Venkatesh Refineries Limited is not available yet.


Shri Venkatesh Refineries Limited IPO Subscription

Day / DateQIBNIIRIITotal Subscription
1st Day – 
2nd Day –  
3rd Day – 
Shares Offered or Net Issue

The shares subscribed by the public will be updated here.


Shri Venkatesh Refineries Limited IPO Allotment Status

Here, you can find the Allotment Status of this IPO.

Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.

Shri Venkatesh Refineries Limited IPO Listing Date

Find the dates below on basis of allotment, refund, listing, and more:

Basis of Allotment Finalization
Refunds Initiation
Credit of Shares to Demat Account
Share Listing Date

Shri Venkatesh Refineries Limited IPO Price Band / Cash Price

The face value of each share is Rs.10, but the price band of the IPO is Rs.[●] 


Shri Venkatesh Refineries Limited IPO Equity Size

This Initial Public Issue of 32,00,000 Equity Shares of Rs.10 each for cash at a price of Rs.[●]  per equity share aggregating to Rs.[●] Million.


Shri Venkatesh Refineries Limited IPO Share Offering

Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of [●] equity Shares of Rs.10/ each.

Issue Size: X Equity Shares of Rs.10 each, aggregating to Rs.[●] Million


Shri Venkatesh Refineries Limited IPO – Live Performance

The listing date of this IPO is [●]. You can check the live performance of the IPO here, only after it is listed on exchanges.

Live IPO Performance – Shri Venkatesh Refineries Limited Share Price

Shri Venkatesh Refineries Limited IPO Grey Market Premium

The Shri Venkatesh Refineries Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X. 


Shri Venkatesh Refineries Limited IPO – Company Overview

In the year 2011 they started the business of climate change advisory services involving consultancy for validation, registration, monitoring, verification, issuance and trading of eligible Carbon Credits Projects as from CDM (Clean Development Mechanism) /VCS (Verified Carbon Standard) Project.

With the response from the market, their company further expanded it services in the year 2015 into carbon credits trading and also started various other services like Business Excellence Advisory Services & Training Services.

Today with increasing awareness among the community with regards to the environment safety and energy conservation the company has also entered into Electrical Safety Audits.


Shri Venkatesh Refineries Limited IPO – Financial Statements

A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:

Financial Summary:

Amount (in INR & Lakhs)
30-Sept-2031-Mar-20Mar-1931-Mar-18
Total Assets9,190.116725.524911.103346.43
*Total Revenue13,236.8823,551.7722,698.8713,242.84
Total Expense13,022.7823,252.3622,512.9413,157.91
Profit After Tax160.22220.75126.0558.67

Earnings per Equity Share (in Million)

30-Sept-2031-Mar-20Mar-1931-Mar-18
Basic & Diluted1.973.602.070.96

 

Further, their PAT for the period ended on Sept 30, 2020, March 31, 2020, March 31, 2019 and March 31, 2018 were Rs. 160.22 Lakhs, Rs. 220.75 Lakhs, Rs. 126.05 Lakhs and Rs. 58.67 Lakhs respectively.


Shri Venkatesh Refineries Limited IPO – Promoters

The Promoters of this company are:

  1. Mr. Dinesh Ganapati Kabre,
  2. Mr. Anil Ganpati Kabre,
  3. Mr. Shantanu Ramesh Kabre
  4. Mr. Prasad Dinesh Kabre.

List of Related Parties (Key Managerial Personnel)

  • Mr. Anil Ganpati Kabre, Whole time Director.
  • Mr. Dinesh Ganapati Kabre, Managing Director.
  • Mr. Shantanu Ramesh Kabre, Whole time Director.

Shri Venkatesh Refineries Limited IPO – Promoters Holding

 


Shri Venkatesh Refineries Limited IPO Offer Details or Issue Details

 Particulars No. Of Equity Shares
 Equity Shares Offered Up to 32,00,000 Equity Shares aggregating up to Rs.[●] Million
of which:
Issue Reserved for the Market MakersUp to [●] Equity Shares aggregating up to Rs.[●]
Million
Net Issue to the PublicUp to [●] Equity Shares aggregating up to Rs.[●]
Million
Of which:
Retail Investors Portion Not less than [●] Equity Shares
Other than Retail Individual InvestorsNot more than [●] Equity Shares
 Equity Shares outstanding prior to the IssueX Equity Shares
 Equity Shares outstanding after the IssueX Equity Shares

Shri Venkatesh Refineries Limited IPO Issue Object

Their Company proposes to utilise the Net Proceeds towards funding the following objects:

1. To meet Working Capital requirements
2. General Corporate Purpose
3. To meet issue expenses

Shri Venkatesh Refineries Limited IPO – Business Strategy

  • Focus on Consultancy Business and spreading awareness about carbon neutrality
  • Increase the use of technology to improve operational efficiency
  • Expanding their customer base
  • Creating awareness to reduce carbon emissions

Shri Venkatesh Refineries Limited IPO – Basis of Offer Price

The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.

Qualitative factors are:

  • Quality Assurance, timely payment and delivery
  • Broad customer base and Strong relationships with their customers
  • Multiple Business verticals under one roof
  • Qualified management team and employee base

The relevant quantitative factors are:

Basic & Diluted EPSRONW (%)NAV (Rs.)
31-Mar-203.6022.1116.37
31-Mar-192.0718.0711.43
Mar-180.9610.279.36

Shri Venkatesh Refineries Limited IPO: Competitive Peers

Face Value (Rs.)P/EEPS  (Rs.)Return on Net Worth (%)Total Income (Rs. in Crores)
Shri Venkatesh Refineries Limited10[●]3.6022.11235.52
Listed Peers
Gokul Agro Resources Ltd1020.231.095.354763.56

Shri Venkatesh Refineries Limited IPO Lead Managers

Lead Managers
HEM SECURITIES LIMITED
904,A Wing, Naman Midtown, SenapatiBapat Marg,
Elphinstone Road, Lower Parel, Mumbai-400013, India
Tel. No.: +91- 022- 49060000
Fax No.: +91- 022- 22625991
Website: www.hemsecurities.com
Email: ib@hemsecurities.com
Investor Grievance Email: redressal@hemsecurities.com
Contact Person :Mr. Anil Bhargava
SEBI Regn. No. INM000010981

Shri Venkatesh Refineries Limited IPO Registrar to offer

Registrar to the Offer
Purva Sharegistry (India) Pvt. Ltd. (Purva)
Address: – Unit No. 9, Shiv Shakti, Industrial Estate, J. R. Boricha Marg,
Lower Parel East, Mumbai-400011, Maharashtra, India
Tel No.: +91-022-23018261
Fax No.: +91-022-23012517
Email: support@purvashare.com
Website: www.purvashare.com
Contact Person: Ms. DeepaliDhuri
SEBI Regn. No. INR000001112

Shri Venkatesh Refineries Limited IPO – Other Details

  • Statutory Auditor – M/s. Joshi & Shah Chartered Accountants.
  • Legal Counsel to the Company – VEDANTA LAW CHAMBERS.
  • Bankers to the Company –  NA


Shri Venkatesh Refineries Limited IPO Review by Stock Brokers

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Angel Broking7.5/107.4/108.5/108.1/107.1/10
Sharekhan7.2/107.1/108.6/108.1/107.2/10
Kotak Securities7.3/107.5/108.4/108.1/107.3/10
ICICI Direct7.3/107.3/108.7/108.1/107.1/10
IIFL7.5/107.2/108.8/108.0/107.1/10
Edelweiss7.5/107.4/108.4/108.3/107.2/10
Zerodha7.4/107.1/108.5/108.1/107.0/10
5Paisa7.1/107.1/108.4/108.1/107.1/10
Karvy7.4/107.3/108.2/108.1/107.1/10
Motilal Oswal7.1/107.1/108.6/108.3/107.2/10

 


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    Shri Venkatesh Refineries Limited IPO Review FAQs

    Ques – What is the Issue Size of Shri Venkatesh Refineries Limited IPO?

    Answer – The Company is making an initial public offer of NA equity shares. We vividly portray the aspects of the issue in this article. You can check the stats on fresh issue, Offer for sale, and the net issue.

    Ques – What is the Price band of Shri Venkatesh Refineries Limited IPO?

    Answer – The price band for this particular IPO, i.e. Shri Venkatesh Refineries Limited IPO ranges between NA. As far as the face value of the share is of concern, it is Rs.10 per share.

    Ques – What is the Shri Venkatesh Refineries Limited IPO Open Date?

    Answer – The opening and closing date for Shri Venkatesh Refineries Limited IPO have been updated. The IPO is set to open on NA, while the closing date is set at NA.

    Ques – What is the Shri Venkatesh Refineries Limited IPO Allotment Date?

    Answer – We also have the news regarding the respective allotment dates of Shri Venkatesh Refineries Limited IPO. Basis of Allotment finalization is on NA, refund initiation is on NA, credit of shares is on NA and share listing date is on NA.

    Ques – What is the Shri Venkatesh Refineries Limited IPO Listing Date?

    Answer – Shares of Shri Venkatesh Refineries Limited shall be listed in the exchanges NA. Date when the listing would be done is stagnant on NA.

    Ques – Who is the Registrar of Shri Venkatesh Refineries Limited IPO?

    Answer – One of the reputed registrars are managing the issue of Shri Venkatesh Refineries Limited IPO, i.e. Bigshare Services Private Limited. Their website will help you regarding the further information you are on a lookout for.

    Ques – Who is the Promoter of Shri Venkatesh Refineries Limited IPO?

    Answer – Here are the promoters of Shri Venkatesh Refineries Limited – NA. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.

    Ques – What is GMP of Shri Venkatesh Refineries Limited IPO?

    Answer – We have obtained the GMP of Shri Venkatesh Refineries Limited IPO and it is NA. The further insights of Kostak rate and subject to sauda or SS are as well included in this report.

    Ques – Is Shri Venkatesh Refineries Limited IPO good for Investment?

    Answer – We have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.

    Ques – What is the PAT of Shri Venkatesh Refineries Limited Company?

    Answer – We have the information of company financials, and according to that, we have the figures from the last few years to provide. PAT for the financial year 2020 in Million is NA, 2019 is NA, 2018 is NA. PAT from Sep 2020 is NA.


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