Shubhshree Biofuels Energy Limited IPO

NSE SME

Listed On: Sep 16, 2024 at ₹ 189.0

₹ 142800 /1200 Shares

Check Allotment

Shubhshree Biofuels Energy IPO Details

09 Sep, 2024

Open Date

11 Sep, 2024

Close Date

12 Sep, 2024

Allotment Date

16 Sep, 2024

Listing Date

Issue Price

₹113-119 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

189.0

Listing Date

2024-09-16

Market Lot

1200 Shares (₹142,800/-)

Lead Manager

Hem Securities Limited

Issue Size

1,392,000 shares(aggregating up to ₹16.56 Cr)

Retail Portion

35%

Subscription

132.89 times

IPO Docs

DRHP RHP

The IPO of Shubhshree Biofuels Energy is priced at ₹113-119 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Bigshare Services Pvt Ltd is the registrar of the issue.

Shubhshree Biofuels Energy IPO bid opening date is from Sep 9, 2024 and the bid closing date was Sep 11, 2024.
Shubhshree Biofuels Energy IPO allotment result will be available on Sep 12, 2024. The tentative listing date for Shubhshree Biofuels Energy is Sep 16, 2024.

The total issue size is 1,392,000 shares(aggregating up to ₹16.56 Cr).

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	233,900 / 199,200	463,200	896,300
Day 1 - 09-09-24 06:00 PM	0.00 / 1.39 x	5.19 x	2.99 x
Day 2 - 10-09-24 06:00 PM	4.47 / 6.36 x	19.14 x	12.47 x
Day 3 - 11-09-24 06:00 PM	31.32 / 246.10 x	135.65 x	132.89 x

Total No. of Applications: 52,361 (Approx)

Shubhshree Biofuels Energy Valuations

EPS Pre IPO

₹8.57/-

EPS Post IPO

₹6.29/-

P/E Pre IPO

13.89

P/E Post IPO

18.92

ROE

68.15%

ROCE

61.67%

Debt/Equity

0.09

RoNW

46.36%

PAT Margin

3.50

Shubhshree Biofuels Energy Company Financials All values are in ₹ Lakh

	31-Mar-24	31-Mar-23	31-Mar-22
Assets	1,396.84	593.12	185.61
Revenue	9,488.32	5,971.24	791.83
Profit After Tax	329.77	242.38	27.46
Net Worth	711.27	256.5	14.12
Reserves & Surplus	326.27	255.5	13.12
Total Borrowing	60.66	91.06	48.82

About The Company

Shubhshree Biofuels Energy Limited was founded in 2013 and offers biomass fuels in the form of biomass pellets and briquettes to customers involved in the recycling material, textile processing, pharmaceutical, metal, etc. industries.

Three briquetting and pelleting machines have been installed, one belonging to the company and the other two leased along with the premises with a combined capacity of 132 tonnes per day. Produces 12090 tonnes of biomass fuels in period from October, 2023 to February 2024. Total sales Volume around 50600 tonnes where manufactured goods Share amounts to around 23.8% of 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 of March 30, 2024, the company employed 26 people.

Shubhshree Biofuels Energy - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 73.45%

Company Promoter(s)

Anurag Agarwal
Astha Agarwal
Sagar Agrawal
Upasna Srivastava Dattani

Shubhshree Biofuels Energy IPO - Issue Objectives

Funding Capital Expenditure towards the installation of additional plant and machinery
To meet working capital requirements
General Corporate Purpose.

Other Details

Company Contact Details

Shubhshree Biofuels Energy

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/

Registrar Contact Details

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 - FAQs

Ans. Shubhshree Biofuels Energy Limited IPO is a SME IPO. The issue is priced at ₹113-119 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Sep 9, 2024, and closes on Sep 11, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Shubhshree Biofuels Energy Limited IPO opens on Sep 9, 2024 and closes on Sep 11, 2024.

Ans. The size of Shubhshree Biofuels Energy Limited IPO is 1,392,000 shares(aggregating up to ₹16.56 Cr).

Ans. The IPO price band is set between ₹113-119 per equity share.

Ans. To apply for Shubhshree Biofuels Energy Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Shubhshree Biofuels Energy Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Shubhshree Biofuels Energy Limited IPO is Sep 12, 2024.

Ans. The Shubhshree Biofuels Energy Limited IPO will be listed on Sep 16, 2024.

Ans. Follow the steps to check the allotment status for Shubhshree Biofuels Energy Limited IPO here.