Shubhshree Biofuels IPO description – Established in 2013, Shubhshree Biofuels Energy supplies biomass fuels, such as biomass pellets and briquettes, to customers in various sectors, including recycled materials, textile processing, pharmaceuticals, and metal industries.
Shubhshree Biofuels Energy has installed three briquette-cum-pelleting machines, one of which is owned by the company and the other two rented along with their premises. The machines provide a combined capacity of 132 tonnes per day. From October 2023 to February 2024, the company produced 12,090 tonnes of biomass fuels, which represented approximately 23.8% of the total sales of around 50,600 tonnes.
Shubhshree Biofuels Energy primarily sells its products in the northern states of India, with Haryana, Uttar Pradesh, Rajasthan, and the NCR region being the largest contributors to its revenue from operations. As of 31 March 2024, the company employed 26 people.
Promoters of Shubhshree Biofuels Energy – Anurag Agarwal, Aastha Agarwal, Sagar Agrawal, and Upasna Srivastava Dattani
Table of Contents
Shubhshree Biofuels IPO Details
| Shubhshree Biofuels IPO Dates | 9 – 11 September 2024 |
| Shubhshree Biofuels Issue Price | INR 113 – 119 per share |
| Fresh issue | 13,92,000 shares (INR 15.73 – 16.56 crore) |
| Offer For Sale | NIL |
| Total IPO size | 13,92,000 shares (INR 15.73 – 16.56 crore) |
| Minimum bid (lot size) | 1,200 shares (INR 1,42,800) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE Emerge |
Shubhshree Biofuels Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 |
| Revenue | 7.92 | 58.62 | 94.15 |
| Expenses | 7.60 | 56.47 | 90.27 |
| Net income | 0.27 | 2.42 | 3.30 |
Shubhshree Biofuels Offer News
- Shubhshree Biofuels RHP
- Shubhshree Biofuels Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Shubhshree Biofuels Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 0.72 | 6.34 | 8.60 |
| PE ratio | – | – | 13.14 – 13.84 |
| RONW (%) | 194.54 | 94.50 | 46.36 |
| NAV | 0.37 | 6.71 | 18.56 |
| ROCE (%) | 50.71 | 94.45 | 61.67 |
| EBITDA (%) | 4.32 | 3.85 | 4.42 |
| Debt/Equity | 3.46 | 0.36 | 0.09 |
Shubhshree Biofuels IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 14 September 2024 | 70 | – | 65,000 |
| 13 September 2024 | 65 | – | 61,000 |
Shubhshree Biofuels IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 2,64,000 | 1,99,200 | 4,63,200 | 9,26,400 |
| 11 Sep 2024 | 27.75 | 246.10 | 135.46 | 128.56 |
| 10 Sep 2024 | 3.96 | 6.64 | 18.48 | 11.80 |
| 9 Sep 2024 | 0.00 | 1.31 | 4.75 | 2.66 |
The market maker reservation portion of 72,000 shares and anchor allocation of 3,93,600 shares are not included in the above calculations.
Shubhshree Biofuels IPO Allotment Status
Shubhshree Biofuels IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Shubhshree Biofuels IPO Dates & Listing Performance
| IPO Opening Date | 9 September 2024 |
| IPO Closing Date | 11 September 2024 |
| Finalization of Basis of Allotment | 12 September 2024 |
| Initiation of refunds | 13 September 2024 |
| Transfer of shares to demat accounts | 13 September 2024 |
| IPO Listing Date | 16 September 2024 |
| Opening Price on NSE SME | INR 189 per share (up 58.82%) |
| Closing Price on NSE SME | INR 198.45 per share (up 66.76%) |
Shubhshree Biofuels Offer Lead Manager
HEM SECURITIES LIMITED
904, A wing, 9 Floor, Naman Midtown,
Senapati Bapat Marg, Elphinstone Road,
Lower Parel, Mumbai 400 013.
Phone: +91- 22- 4906 0000
Email:Â [email protected]
Website:Â www.hemsecurities.com
Shubhshree Biofuels Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali Caves Road, Andheri
(East), Mumbai – 400 093, Maharashtra
Phone: 022 – 6263 8200
E-mail:Â [email protected]
Website:Â www.bigshareonline.com
Shubhshree Biofuels Energy IPO Contact Details
SHUBHSHREE BIOFUELS ENERGY LIMITED
Plot No. 8 Ganesh Vihar B, Pandit T.N Mishra Marg,
Nirman Nagar, Shyam Nagar, Jaipur, Rajasthan, 302019
Phone: +91 9799998880
E-mail: [email protected]
Website: www.shubhshreebiofuels.co.in
IPO FAQs
What is the Shubhshree Biofuels offer size?
Shubhshree Biofuels Energy IPO size is INR 15.73 – 16.56 crores.
What is the Shubhshree Biofuels Energy IPO price band?
Shubhshree Biofuels Energy’s public offer price is INR 113 – 119 per share.
What is the lot size of the Shubhshree Biofuels IPO?
Shubhshree Biofuels offers a lot size is 1,200 shares.
What is Shubhshree Biofuels IPO GMP today?
Shubhshree Biofuels IPO GMP today is INR 70 per share.
What is the Shubhshree Biofuels kostak rate today?
Shubhshree Biofuels kostak rate today is INR NA per application.
What is Shubhshree Biofuels Subject to the Sauda rate today?
Shubhshree Biofuels is Subject to the Sauda rate today is INR 65,000 per application.
