The Shubhshree Biofuels Energy IPO minimum market lot is 1200 shares with ₹142,800 application amount. The Shubhshree Biofuels Energy IPO is a SME IPO, and it is to be listed on NSE.
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.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Shubhshree Biofuels Energy IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 4.47 | 31.32 |
| NII | 1.36 | 6.31 | 245.74 |
| RII | 5.00 | 18.85 | 135.65 |
| Total | 2.89 | 12.31 | 132.89 |
Shubhshree Biofuels Energy IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Shubhshree Biofuels Energy IPO Review
- May Apply
Shubhshree Biofuels Energy IPO Form
How to apply for the Shubhshree Biofuels Energy IPO? You can apply for Shubhshree Biofuels Energy IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Shubhshree Biofuels Energy IPO in the Invest section. The other option is you can apply for Shubhshree Biofuels Energy IPO via IPO forms downloaded online. Check out the Shubhshree Biofuels Energy forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
