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 – Details
| IPO Opening Date | 09 September 2024 |
| IPO Closing Date | 11 September 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total 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 Lot | 1200 Shares |
| Min Order | 1200 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Pvt Ltd |
| QIB Shares Offered | 50% |
| Retail Shares Offered | 35% |
| NII (HNI) Shares Offered | 15% |
Shubhshree Biofuels Energy IPO – Date Schedule
| IPO Open Date | 09 September 2024 |
| IPO Close Date | 11 September 2024 |
| Basis of Allotment | 12 September 2024 |
| Initiation of Refund | 13 September 2024 |
| Credit of Shares to Demat Account | 13 September 2024 |
| IPO Listing Date | 16 September 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 11, 2024 |
Shubhshree Biofuels Energy IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,42,800 |
| Retail (Max) | 1 | 1200 | ₹1,42,800 |
| HNI (Min) | 2 | 2400 | ₹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
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 7.91 | 7.59 | 0.27 | 0.48 |
| 31 March 2023 | 59.71 | 56.47 | 2.42 | 0.91 |
| 31 March 2024 | 94.88 | 90.26 | 3.29 | 0.60 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 68.15% |
| ROCE | 61.67% |
| Debt/Equity | 0.09 |
| RoNW | 46.36% |
| PAT Margin (%) | 3.5 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 8.57 | 6.29 |
| P/E (x) | 13.89 | 18.92 |
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 Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.45% |
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 Website: http://www.shubhshreebiofuels.co.in/ |
Shubhshree Biofuels Energy IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
Shubhshree Biofuels Energy IPO Lead Manager(s)
| 1. Hem Securities Limited |
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. |
