IPO of Shri Venkatesh Refineries Limited to open on BSE SME platform on Sept 29

Shri Venkatesh Refineries Limited (SVRL) has announced that its IPO is opening on SEPTEMBER 29, 2021 and will close on OCTOBER 01, 2021, at a Price Band Rs 40 per equity share of the face value of Rs 10 each.

Shri Venkatesh Refineries Limited's IPO is an SME IPO of 29,28,000 equity shares of the face value of Rs 10 aggregating up to Rs 1171.20 lakhs. The minimum order quantity is 3000 shares.

Shri Venkatesh Refineries Limited will list its equity shares on the BSE SME platform.

The net proceeds from the Shri Venkatesh Refineries Limited SME IPO will be utilised towards Working Capital Requirement, General Corporate Purpose and Issue Expenses.

Hem Securities Limited is the Lead Manager and Purva Sharegistry (India) Pvt. Ltd. (Purva) is the registrar to the issue.

Dinesh Ganapati Kabre, Anil Ganapati Kabre, Shantanu Ramesh Kabre and Prasad Dinesh Kabre are the Promoters of our Company.

Commenting on the announcement of Shri Venkatesh Refineries Limited SME IPO, Dinesh Ganapati Kabre, Chairman cum Managing Director, said, "It's really a big moment for us as we have announced the launch of our much-awaited SME IPO. We are extremely thankful to our clients, customers and stakeholders for their overwhelming support throughout the journey."