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Shri Venkatesh Refineries

Shri Venkatesh Refineries

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About

Highlights

Performing rate for the company

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Relaince Group

Sector: Refineries

Market Price

2,529.50

Market Cap(₹Cr.)

2,529.50

-90.00

Quarterly Results ( Figures in Rs. Crores.)

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Profit & Loss ( Figures in Rs. Crores.)

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Balance Sheet ( Figures in Rs. Crores.)

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Cash Flows ( Figures in Rs. Crores.)

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Historical Growths

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Ratios ()

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Major Shareholders

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Shareholders more than 1%

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Fund houses invested in the stock (Figures in % Equity Capital )

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Corporate Action

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Documents

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Overview

Shri Venkatesh Refineries was originally incorporated as “Shri Venkatesh Refineries Private Limited” under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated February 28, 2003 issued by the Registrar of Companies, Maharashtra, Mumbai. Subsequently, The company was converted into a public limited company pursuant to a Shareholders' Resolution passed at the Extra-Ordinary General meeting of the Company held on December 10, 2020 and the name of the company was changed to “Shri Venkatesh Refineries Limited” vide a fresh certificate of incorporation dated December 30, 2020 issued by the Registrar of Companies, Maharashtra, Mumbai.

The company is one of the growing companies engaged in the refining of edible oil in Maharashtra region selling the edible oil under the brand name “Rich Soya”. It focuses on creating “Rich Soya” a leading brand name among the different edible oil brand by serving good quality and healthy edible oil at affordable price.

The growth of the company starts with the idea of three dynamic entrepreneurs, namely Dinesh Ganapati Kabre, Ramesh Ganapati Kabre and Anil Ganpati Kabre who started with the Manufacturing & Marketing of Soyabean oil and their by-products in Jalgaon, Maharashtra. Under their leadership and efforts of the Promoters, namely Dinesh Ganapati Kabre, Anil Ganpati Kabre, Shantanu Ramesh Kabre & Prasad Dinesh Kabre, “Rich Soya” has emerged as a leading brand, spreading its wings around the country.

Business area of the company

The company is primarily engaged in the business of refining and preservation of Edible oils mainly soyabean oil and cotton seed oil. The business process involves purchase of the raw oil, then refining, packaging and selling of the edible oil. Apart from the refining of edible oil, it is also engaged in the business of trading of edible oil mainly soyabean oil, cotton seed oil and palm oil.

History and milestones

  • 2004: Started production at the factory at Erandol
  • 2014: Set-up of the Lecithin Plant
  • 2018: Installation of the Solar power plant for captive consumption
  • 2019: Increase in the installed capacity from 17310 Tons to 36000 Tons for refining edible oil
  • 2020: Started trading of Sunflower oil
Brands Of Shri Venkatesh Refineries

Brands Of Shri Venkatesh Refineries

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