Shubhshree Biofuels Energy IPO
#1. Quick Intro to Shubhshree Biofuels Energy IPO
The initial public offering (IPO) of Shubhshree Biofuels Energy will open for subscription on September 09 and close on September 11, comprising issues of Rs.16.56 crore. An investor can apply for the issue for a minimum of 1200 shares and the listing will happen on September 16, 2024.
Shubhshree Biofuels Energy Limited (2013) is engaged in the business of manufacturing & supplying biomass fuels, which includes biomass pellets and briquettes. These biomass fuels are an alternative source of energy that is used in commercial and industrial heating, cooking fuel, industrial burning and electricity generation, as an alternative to fossil fuels like coal, firewood, lignite, Agri-waste etc. The briquettes are majorly used for industrial purposes like running boilers etc. and the pellets are majorly used as cooking fuel or commercial purposes. The company are currently selling these pellets and briquettes to customers who are engaged in the business of recycling material, textile processing, pharmaceutical, metal etc.
Check out the IPO allotment status on IPO Deliver.
#2. IPO Object of Shubhshree Biofuels Energy
The company intends to use the IPO Funds for the following purposes:
- Funding capital expenditure for plant and machinery
- Funding the working capital requirement of the company.
- General corporate purposes and issue expenses.
#3. Shubhshree Biofuels Energy Core Strengths
- Eco-friendly products
- Customer-centric approach
- Location Advantage
- Experienced promoter director with extensive knowledge.
#4. Shubhshree Biofuels Energy IPO Review & Rating
| Issue Size | Rs.16.56 crore |
| Issue Price | Rs.113-119 per share |
| Minimum Lot Size | 1200 Shares |
| Total Profit (Latest) | Rs.329.77 Lakhs |
| ROE (%) | 68.15 |
| RONW (%) | 161.67 |
| Listing on | NSE (SME) |
| IPO Deliver Rating | One |
Click here for the previous SME IPO
#5. Shubhshree Biofuels Energy IPO Dates, Price Band & Details
Shubhshree Biofuels Energy IPO will open on September 09, 2024, and close on September 11, 2024. The IPO is to be listed on September 16, 2024.
| Type of issue | Book Built issue IPO |
| Issue Size | Rs.16.56 crore |
| Price Brand | Rs.113-119 per share |
| Face Value | Rs. 10/- per share |
| IPO Open Date | September 09, 2024 |
| IPO Close Date | September 11, 2024 |
| IPO Allotment Date | September 12, 2024 |
| Refund Date | September 13, 2024 |
| Share Credit Date | September 13, 2024 |
| Listing Date | September 16, 2024 |
#6. Shubhshree Biofuels Energy IPO Offer Details
Shubhshree Biofuels Energy IPO’s total issue size is 13,92,000 shares, comprising the below-mentioned categories.
| Offer Category | Shares Offer | Amount (Crore) |
| Fresh Issue | 13,92,000 | Rs.16.56 |
| Offer for Sale (OFS) | – | – |
#7. Shubhshree Biofuels Energy Financials Overview (Lakhs)
The following table sets forth the summary of financial information of the company for the period March 31, 2024, March 31, 2023 and March 31, 2022.
| Category (Rs.) | March 2024 | March 2023 | March 2022 |
| Total Revenue | 9488.32 | 5971.24 | 791.83 |
| Net Worth | 711.27 | 256.5 | 14.12 |
| Profit | 329.77 | 242.38 | 27.46 |
| Total Borrowings | 60.66 | 91.06 | 48.82 |
#8. Shubhshree Biofuels Energy Quantitative Factors
The following table sets forth the summary of financial information of the company for the period March 31, 2024, March 31, 2023 and March 31, 2022.
| Category | March 2024 | March 2023 | March 2022 |
| EPS (Rs.) | 8.60 | 6.34 | 0.72 |
| RoNW (%) | 46.36 | 94.50 | 194.54 |
| NAV (Rs.) | 18.56 | 6.71 | 0.37 |
#9. Shubhshree Biofuels Energy Comparison with Other Peer Companies (Top 2)
No Listed companies in India are comparable in all aspects of the business.
| Company Names | Total Revenue
(In Lakhs) |
RoNW (%) | NAV |
#10. Shubhshree Biofuels Energy Company Promoters
The company has four promoters as per the Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP).(TOP-2)
| Sr. No. | Name of Promoters |
| 01. | Anurag Aggarwal |
| 02. | Aastha Aggarwal |
#11. Shubhshree Biofuels Energy Pre-offer and Post-Offer Promoters Shareholding
| Promoters Holding | Percentage (%) |
| Pre-issue | 100.00 |
| Post-issue | 73.45 |
#12. Shubhshree Biofuels Energy IPO Reservation Details
Shubhshree Biofuels Energy IPO total reservation shares are distributed between the below-mentioned categories.
| Category | Share Offered |
| QIB/others Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
#13. Shubhshree Biofuels Energy IPO – Lot Size
An investor can apply for a minimum of 1200 Shares in multiple thereof. Market lot sizes for the retail individual investors and non-institutional investor (NII)/ HNI investors are as follows:
| Application | Lot Size | No. of Shares | Amount (Rs.) |
| Retail (Min.) | 1 | 1200 | 1,42,800 |
| Retail (Max.) | 1 | 1200 | 1,42,800 |
| HNI (Min.) | 2 | 2400 | 2,85,600 |
#14. Shubhshree Biofuels Energy IPO – Prospectus Copy
An investor can download/view the Shubhshree Biofuels Energy prospectus copy, which the company filed to exchange, details are as follows.
| Shubhshree Biofuels Energy IPO Prospectus |
| Draft Red Herring Prospectus (DRHP) |
| Red Herring Prospectus (RHP) |
#15. Shubhshree Biofuels Energy IPO Registrar
Bigshare Services Limited
Website: www.bigshareonline.com
#16. Shubhshree Biofuels Energy IPO Lead Managers
HEM Securities Limited
Website: www.hemsecuritites.com
#17. Shubhshree Biofuels Energy IPO Application (How to Apply for an IPO)
There are three primary options for applying for a Shubhshree Biofuels Energy IPO, details are as follows:
Option-1 Apply for IPO through Internet Banking
Step-1. Log into your bank account.
Step-2. In the invest Tab, you will see ASBA, click on it.
Step-3. Choose to apply for IPO and select the ongoing IPO “Shubhshree Biofuels Energy Limited”
Step-4. Enter the basic details like bid quantity, price, PAN, etc. then proceed with payment.
Step-5. After the above steps, the respective amount will get blocked until the allotment date, and after that, it will get a refund/debited in case of rejection/allotment respectively.
Option-2 Apply for IPO through a Broker firm
Step-1. Log into your broker account (e.g. Upstox/Zerodha etc.)
Step-2. Click on the IPO tab and select the ongoing IPO “Shubhshree Biofuels Energy Limited”
Step-3. Enter the basic details like bid quantity, price, PAN, etc. then enter UPI ID and proceed with payment.
Step-4. Your funds will get blocked, and once shares have been allotted to you, the respective amount will be debited from your account or refunded if no allotment is made to you.
Option-3 Apply for IPO Offline Mode Bank mode
Step-1. Visit the nearest branch of your bank.
Step-2. Fill out the ASBA form and submit it with KYC details.
Step-3. Your funds will get blocked, and once shares have been allotted to you, the respective amount will be debited from your bank account or refunded if no allotment is made to you.
#18. Shubhshree Biofuels Energy Company Details
Shubhshree Biofuels Energy Limited
Registered Office: Plot No. 8 Ganesh Vihar B, Pandit T.N Mishra Marg, Nirman Nagar, Shyam Nagar (Jaipur), Jaipur, Rajasthan, India, 302019.
Email: subhsshree@biomassfuel.co.in
Website: www.biomassfuel.co.in
#19. Shubhshree Biofuels Energy Subsidiary Companies (Top 2)
| Sr.No. | Name of Companies (Indian) |
| 01. | – |
| 02. | – |
#20. Shubhshree Biofuels Energy Company Board (Top 2)
| Sr. No. | Name of Directors |
| 01. | Anurag Aggarwal |
| 02. | Aastha Aggarwal |
Shubhshree Biofuels Energy IPO – Frequently Asked Questions (FAQs)
| #1. What is a Shubhshree Biofuels Energy IPO?
Shubhshree Biofuels Energy brings its IPO of Rs.16.56 crore, on September 09, 2024, with a price band of Rs.113-119 per share. |
| #2. What is the Shubhshree Biofuels Energy IPO Open date?
Shubhshree Biofuels Energy IPO’s opening date is September 09, 2024. |
| #3. What is the Shubhshree Biofuels Energy IPO Close Date?
Shubhshree Biofuels Energy IPO’s closing date is September 11, 2024. |
| #4. What is the Shubhshree Biofuels Energy IPO Listing date?
Shubhshree Biofuels Energy’s IPO listing date is September 16, 2024. |
| #5. What is the Shubhshree Biofuels Energy IPO Minimum investment amount?
Shubhshree Biofuels Energy IPO’s minimum investment amount is Rs.1,42,800. |
| #6. What is the Shubhshree Biofuels Energy IPO offer issue Size?
Shubhshree Biofuels Energy offers an issue size of Rs.16.56 crore. |
| #7. What is the Shubhshree Biofuels Energy IPO Price Band?
Shubhshree Biofuels Energy’s IPO price band is Rs.113-119 per share. |
| #8. Is Shubhshree Biofuels Energy IPO mainboard IPO or SME IPO?
Shubhshree Biofuels Energy IPO is an SME IPO. |
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