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Shri Venkatesh Refineries IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Jalgaon and caters to Agro sector. Hem Securities is the merchant banker of Shri Venkatesh Refineries IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 25th March 2021.
Shri Venkatesh Refineries IPO open date is 29th September 2021 and close date is 1st October 2021. IPO Allotment Date is 6th October 2021 and Listing date is 11th October 2021.
IPO
Size:
₹ 11.71 Cr.
Avg IPO Size (Sector Based)
: ₹
19.33 cr.
Sector: Agro
SME
IPO so far:
77
Merchant Banker:
Hem Securities
SME
IPO by BRLM so far:
126
City:
Jalgaon
SME
IPO so far:
3
Revenue (annualised):
₹
336.99
cr. 
PE
Ratio:
12.62x
Average Sector PE Ratio: 18.29x
Shri Venkatesh Refineries IPO size is ₹ 11.71 Cr. with IPO price of ₹ 40.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Hem Securities Limited is the book-running lead manager of the Shri Venkatesh Refineries IPO. Purva Sharegistry India Private Limited is the Registrar and Market Maker is Hem Finlease Private Limited for Shri Venkatesh Refineries IPO.
Shri Venkatesh Refineries IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Shri Venkatesh Refineries IPO, based in Jalgaon, operates in the Agro sector with a focus on Business of refining and preservation of Edible oils. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Shri Venkatesh Refineries IPO size is ₹ 11.71 Cr. with fresh issue size of ₹ 11.71 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Shri Venkatesh Refineries IPO is expected to be 6th October 2021, after the finalization of basis of allotment. Investors can check Shri Venkatesh Refineries IPO allotment status on the registrars website, Purva Sharegistry India Private Limited. Shri Venkatesh Refineries IPO refund dates are 8th October 2021.
Shri Venkatesh Refineries IPO is expected to be listed on 11th October 2021.
The upper price band for the Shri Venkatesh Refineries IPO is set at ₹ 40.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Shri Venkatesh Refineries IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Shri Venkatesh Refineries IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 1st October 2021. After submission, funds are blocked until the basis of allotment of Shri Venkatesh Refineries IPO is finalised.
The merchant banker for Shri Venkatesh Refineries IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Shri Venkatesh Refineries IPO RHP for further details.
The registrar for Shri Venkatesh Refineries IPO is Purva Sharegistry India Private Limited. Investors can go to Purva Sharegistry India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Shri Venkatesh Refineries IPO through their official website or helpline.
Shri Venkatesh Refineries IPO was subscribed 3.12 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 11.71 Cr.
Avg IPO Size (Sector Based)
:
₹ 19.33 Cr.
Sector: Agro
SME
IPO so far:
77
Merchant Banker:
Hem Securities
SME
IPO by BRLM so far:
126
City:
Jalgaon
SME
IPO so far:
3
Revenue (annualised):
₹ 336.95 cr.
PE
Ratio:
12.62x
Average Sector PE Ratio: 18.29x
Shri Venkatesh Refineries IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Shri Venkatesh Refineries Financial Review Page
Merchant Banker(s) of Shri Venkatesh Refineries IPO: Hem Securities Limited
Shri Venkatesh Refineries IPO subscription was 3.12 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Shri Venkatesh Refineries IPO listed at a listing price of 42.10 against the offer price of 40.00.
The current market price of Shri Venkatesh Refineries is 217.65.
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