Shubhshree Biofuels Energy IPO Details
| IPO Open Date: | September 9, 2024 |
| IPO Close Date: | September 11, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹113 to ₹119 Per Share |
| Issue Size: | Approx ₹16.56 Crores |
| Fresh Issue: | Approx ₹16.56 Crores |
| Offer for Sale: | NA |
| Issue Type: | Book Built Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Shubhshree Biofuels Energy IPO Market Lot
The Shubhshree Biofuels Energy IPO minimum market lot is 1200 Shares shares with ₹142,800 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ₹142,800 |
| Retail Maximum | 1 | 1200 | ₹142,800 |
| HNI Minimum | 2 | 2,400 | ₹285,600 |
Shubhshree Biofuels Energy IPO Dates
The Shubhshree Biofuels Energy IPO date is September 9 and the close date is September 11. The Shubhshree Biofuels Energy IPO allotment will be finalized on September 12 and the IPO listing on September 16.
| IPO Open Date: | September 9, 2024 |
| IPO Close Date: | September 11, 2024 |
| Basis of Allotment: | September 12, 2024 |
| Refunds: | September 13, 2024 |
| Credit to Demat Account: | September 13, 2024 |
| IPO Listing Date: | September 16, 2024 |
Promoters of Shubhshree Biofuels Energy
The promoters of the company are Anurag Agarwal, Astha Agarwal, Sagar Agrawal and Upasna Srivastava Dattani.
About Shubhshree Biofuels Energy
Since 2013, ShubhShree Biofuels Energy Ltd has been the leading contributor to Biomass Supply Chain Management, in India. It initially focused on manufacturing and supplying of building and construction materials like fly ash bricks.
Now the company has changed its business and currently specializes in the supply of biomass fuels, including biomass pellets and briquettes. These products are used in commercial and industrial heating, cooking, and electricity generation. Every year the company sells 1.2 Lakhs metric tons of biofuel. It currently sells most of its products in the Northern States of India like Uttar Pradesh, Haryana, Rajasthan, and the NCR region. These locations are the highest contributors to its revenue.
Shubhshree Biofuels Energy Company Financial Report
The company reported revenue of ₹59.71 crores in 2023 against ₹7.92 crore in 2022. The company reported profit of ₹2.42 crores in 2023 against profit of ₹0.27 crores in 2022.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2021 | ₹0.19 | ₹0.20 | ₹0.02 | ₹0.48 |
| 2022 | ₹7.92 | ₹7.60 | ₹0.27 | ₹1.86 |
| 2023 | ₹59.71 | ₹56.47 | ₹2.42 | ₹5.93 |
| September 2023 | ₹43.86 | ₹42.03 | ₹1.37 | ₹8.60 |
Shubhshree Biofuels Energy IPO Valuation – FY2023
Check Shubhshree Biofuels Energy IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 179.13% |
| ROCE: | 94.45% |
| EBITDA Margin: | 3.85% |
| PAT Margin: | 4.14% |
| Debt to equity ratio: | 0.36 |
| Earning Per Share (EPS): | ₹6.30 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 94.50% |
| Net Asset Value (NAV): | ₹10.21 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| NA | NA | NA | NA | NA | NA |
Objects 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 Review
- IPO Watch – May Apply
- Canara Bank –
- DRChoksey FinServ –
- Emkay Global –
- Hem Securities –
- IDBI Capital –
- Marwadi Shares –
- Nirmal Bang –
- SBICAP Securities –
- Sharekhan –
- SMC Global –
- Sushil Finance –
- Swastika Investmart –
- Ventura Securities –
- Geojit –
- Reliance Securities –
- Capital Market –
- BP Wealth –
- ICICIdirect –
- Choice Broking –
Shubhshree Biofuels Energy IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/ipo_status.html
IPO Lead Managers aka Merchant Bankers
- Hem Securities Limited
Company Address
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: [email protected]
Website: http://www.shubhshreebiofuels.co.in/
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Note: The Shubhshree Biofuels Energy IPO price band and date are officially announced. The (Shubhshree Biofuels Energy IPO grey market premium) will be added to the IPO GMP page as it will start).
