President of the Maharashtra Navnirman Sena, Shri. Raj Thackrey inaugurated The Ravi Paranjape Studio followed by felicitation of Shri. Ravi Paranjape and Mrs. Smitatai Paranjape. Inauguration ceremony was conducted on 5th November 2015 at 6:00 pm in the evening followed by a light-hearted speech by Shri. Thackrey. The inaugural exhibition of The Ravi Paranjape Studio showcased masterpieces of art spanning Shri. Paranjape's entire career of more than 51 years! The event lasted from 5th November 2015 to 29th November 2015. The exhibition was visited by many luminaries from various fields of art and culture including Dr. G.B.Deglurkar(Noted historian and Dean of Deccan College of Archaeology), Acharya Shri. Govindev Giriji Maharaj (a.k.a. Shri. Kishoreji Vyas, Rashtra Sant, renowned exponent of Bhagwat Katha), Shri. S.B. Mujumdar,(Padmashri recipient, founder of Symbiosis Institutes), Pandits Rajan and Sajan Mishra (noted vocalists of Hindustani Classical music), Shri. Dilip Prabhavalkar (renowned actor and writer) etc.
The entire event was driven and organised by Mrs. Smitatai Paranjape, Mrs. Varsha Paranjape, Shri. Sanjey Lopes, Shri. Maruti Patil, Shri. Gopal Nandurkar and Shri. Rahul Deshpande.
An interactive talk with Shri. Ravi Paranjape was also conducted in three sessions on "Creative Challenges in Painting" during this event. Shri. Rahul Deshpande interviewed Shri. Ravi Paranjape during these sessions in which Shri. Paranjape explained the challenges an artist faces with elaborate examples and quotations from renowned European and Western painters.