Shubhshree Biofuels Energy IPO Date, Review, Price, Allotment Details

Shubhshree Biofuels Energy IPO open date is September 9, 2024 and the IPO will close on September 11, 2024. Shubhshree Biofuels Energy is a Book Built Issue. The company to raise around ₹16.56 crores via IPO that comprises fresh issue of ₹16.56 crores and offer for sale up to [.] equity shares with face value of ₹10 each.

Shubhshree Biofuels Energy IPO price band is ₹113 to ₹119 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Shubhshree Biofuels Energy IPO to list on NSE on September 16, 2024. The allotment of Shubhshree Biofuels Energy IPO date is September 12, 2024.

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. As per the financials the IPO investors should apply the IPO for a long term.

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.

ApplicationLot SizeSharesAmount
Retail Minimum11200₹142,800
Retail Maximum11200₹142,800
HNI Minimum22,400₹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 EndedRevenueExpenseProfit After TaxAssets
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.

KPIValues
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

CompanyEPSPE RatioRoNW %NAVIncome
NANANANANANA

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/

Shubhshree Biofuels Energy IPO FAQs

What is Shubhshree Biofuels Energy IPO?

Shubhshree Biofuels Energy IPO is a main-board IPO. The company is going to raise ₹16.56 Crores via IPO. The issue is priced at ₹113 to ₹119 pr equity share. The IPO is to be listed on NSE & SME.

When Shubhshree Biofuels Energy IPO will open for subscription?

The IPO is to open on September 9, 2024 for QIB, NII, and Retail Investors. The IPO will close on September 11, 2024.

What is Shubhshree Biofuels Energy IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Shubhshree Biofuels Energy IPO?

You can apply for 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.

What is Shubhshree Biofuels Energy Issue Size?

Shubhshree Biofuels Energy issue size is ₹16.56 crores.

What is Shubhshree Biofuels Energy IPO Price Band?

Shubhshree Biofuels Energy IPO Price Band is ₹113 to ₹119.

What is Shubhshree Biofuels Energy IPO Lot Size?

The minimum bid is 1200 Shares with ₹142,800 amount.

What is the Shubhshree Biofuels Energy IPO Allotment Date?

Shubhshree Biofuels Energy IPO allotment date is September 12, 2024.

What is the Shubhshree Biofuels Energy IPO Listing Date?

Shubhshree Biofuels Energy IPO listing date is September 16, 2024. The IPO is to list on BSE and NSE.

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).
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