Shubhshree Biofuels Energy Limited IPO (Shubhshree Biofuels Energy IPO)

Shubhshree Biofuels Energy Limited IPO
Upcoming Shubhshree Biofuels Energy IPO | New Shubhshree Biofuels Energy IPO

Shubhshree Biofuels Energy Limited supplies biomass fuels, including biomass pellets and briquettes, to customers operating in the recycled material, textile processing, pharmaceutical, metal, etc. sectors.

The company has installed three briquetting and pelleting machines, one of which is owned by the company and the other two have been leased together with the premises, which have a combined capacity of 132 tonnes per day. In the period from October 2023 to February 2024, the company produced 12090 tonnes of biomass fuels, while the total sales volume was approximately 50600 tonnes and the share of manufactured goods accounted for approximately 23.8% of the total sales volume.

The company’s customers are mainly from the northern states of India, especially Haryana, Uttar Pradesh, Rajasthan, and the NCR region.

As at March 30, 2024, the company employed 26 people.

Shubhshree Biofuels Energy IPO

Shubhshree Biofuels Energy IPO – Details

IPO Opening Date09 September 2024
IPO Closing Date11 September 2024
Issue TypeBook Built Issue IPO
Issue SizeTotal Issue Size: 13,92,000 Shares Worth ₹16.56 Crore
Fresh Issue: 13,92,000 Shares Worth ₹16.56 Crore
Face Value₹10 per equity share
IPO Price₹113 – ₹119
Market Lot1200 Shares
Min Order1200 Shares (1 Lot)
Listing AtNSE SME
RegisterBigshare Services Pvt Ltd
QIB Shares Offered50%
Retail Shares Offered35%
NII (HNI) Shares Offered15%

Shubhshree Biofuels Energy IPO – Date Schedule

IPO Open Date09 September 2024
IPO Close Date11 September 2024
Basis of Allotment12 September 2024
Initiation of Refund13 September 2024
Credit of Shares to Demat Account13 September 2024
IPO Listing Date16 September 2024
Cut-off time for UPI mandate confirmation5 PM on September 11, 2024

Shubhshree Biofuels Energy IPO – Lots Size & Price

ApplicationLotsSharesAmount
Retail (Min)11200₹1,42,800
Retail (Max)11200₹1,42,800
HNI (Min)22400₹2,85,600

Competitive Strengths

  • Location Advantage.
  • Customer Centric Approach.
  • Eco- friendly product.
  • Experienced Promoter and Management team.

Company Promoters

  • Anurag Agarwal
  • Astha Agarwal
  • Sagar Agrawal
  • Upasna Srivastava Dattani

Company Financials

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 20227.917.590.270.48
31 March 202359.7156.472.420.91
31 March 202494.8890.263.290.60
Amount in ₹ Crore

Key Performance Indicator

KPIValues
ROE68.15%
ROCE61.67%
Debt/Equity0.09
RoNW46.36%
PAT Margin (%)3.5
Pre IPOPost IPO
EPS (Rs)8.576.29
P/E (x)13.8918.92

Object Of The Issue

  • Funding Capital Expenditure towards the installation of additional plant and machinery;
  • To meet working capital requirements; and
  • General Corporate Purpose.
Shubhshree Biofuels Energy IPO
Object of the Issues

Shubhshree Biofuels Energy IPO Promoter Holding

Pre Issue Share Holding100.00%
Post Issue Share Holding73.45%

Shubhshree Biofuels Energy IPO Prospectus

Company Contact Information

Shubhshree Biofuels Energy Limited

Plot No. 8 Ganesh Vihar B,
Pandit T.N Mishra Marg, Nirman Nagar,
Shyam Nagar (Jaipur), Jaipur – 302019

Phone: +91 9799998880
Email: shubhshree@biomassfuel.co.in
Websitehttp://www.shubhshreebiofuels.co.in/

Shubhshree Biofuels Energy IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Websitehttps://ipo.bigshareonline.com/ipo_status.html

Shubhshree Biofuels Energy IPO Lead Manager(s)

1. Hem Securities Limited

Shubhshree Biofuels Energy IPO FAQs

Shubhshree Biofuels Energy IPO FAQs
What is Shubhshree Biofuels Energy IPO?

Shubhshree Biofuels Energy IPO is a SME IPO. The issue is priced at ₹113 and ₹119 per equity share. The IPO is to be listed on NSE SME.
When Shubhshree Biofuels Energy IPO will open?

The IPO is to open on 09 September 2024 for QIB, NII, and Retail Investors.
What is Shubhshree Biofuels Energy IPO Investors Portion?

The investors’ portion for QIB- 50%Retail – 35%NII – 15%.
How to Apply the Shubhshree Biofuels Energy IPO?

You can apply Shubhshree Biofuels Energy IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Shubhshree Biofuels Energy IPO through Angle One?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Shubhshree Biofuels Energy IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One.
How to Apply the Shubhshree Biofuels Energy IPO through 5 Paisa?

Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Shubhshree Biofuels Energy IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa.
How to Apply the Shubhshree Biofuels Energy IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Shubhshree Biofuels Energy IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
How to Apply the Shubhshree Biofuels Energy IPO through IIFL?

Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Shubhshree Biofuels Energy IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL.
What is Shubhshree Biofuels Energy IPO Size?

Shubhshree Biofuels Energy IPO size is ₹16.56 Crore.
What is Shubhshree Biofuels Energy IPO Price Band?

Shubhshree Biofuels Energy IPO Price Band is ₹113 – ₹119.
What is Shubhshree Biofuels Energy IPO Minimum and Maximum Lot Size for retail?

The minimum bid is 1200 Shares with ₹1,42,800 amount while the maximum bid is 1200 Shares with ₹1,42,800.
What is the Shubhshree Biofuels Energy IPO Allotment Date?

Shubhshree Biofuels Energy IPO allotment date is 12 September 2024.
What is the Shubhshree Biofuels Energy IPO Listing Date?

Shubhshree Biofuels Energy IPO listing date is  16 September 2024. The IPO is to be listed on NSE SME.
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