Shubhshree Biofuels Energy IPO Details
| IPO Size | 16.56 |
| Price Range | ₹113 - ₹119 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 1200 |
| Investment (cut-off price) | ₹142,800 |
| Pre IPO Promotor Holding | 100.00% |
| Post IPO Promotor Holding | 73.45% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Shubhshree Biofuels Energy IPO Timelines
09/09/2024
Start Date11/09/2024
End Date13/09/2024
Refund Initiation13/09/2024
Credit of Shares to Demat Ac16/09/2024
Listing DateShubhshree Biofuels Energy IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1200 | ₹142,800 |
| Retail Maximum | 1 | 1200 | ₹142,800 |
| HNI Minimum | 2 | 2400 | ₹285,600 |
Shubhshree Biofuels Energy IPO Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 31.32 x | 245.74 x | 135.65 x | -- | 132.89 x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹189 | ₹198.45 | ₹198.45 | ₹179.55 |
Shubhshree Biofuels Energy IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2021 | ₹0.19 | ₹0.20 | -₹0.02 |
| FY 2022 | ₹7.92 | ₹7.60 | ₹0.27 |
| FY 2023 | ₹59.71 | ₹56.47 | ₹2.42 |
| FY 2024 (6 M) | ₹43.86 | ₹42.03 | ₹1.37 |
About Company
Shubhshree Biofuels Energy Limited focuses on manufacturing and supplying biomass fuels, including pellets and briquettes. These biofuels serve as alternatives to traditional fossil fuels for heating, cooking, and electricity generation. The company’s products help reduce greenhouse gas emissions by using recycled green waste such as agri-waste and sawdust. Established in 2013, Shubhshree initially produced building materials but transitioned to biomass fuels in December 2021. By October 2023,
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2013 | Energy | Sagar Agrawal |
Know Before Investing
Shubhshree Biofuels Energy IPO Strengths
- Factory location in Rajasthan ensures quick, cost-effective raw material sourcing.
- Customer-centric focus ensures high-quality products and timely deliveries.
- Eco-friendly biofuels offer a sustainable alternative to fossil fuels.
- Experienced promoters and management drive the company’s growth and strategy.
Shubhshree Biofuels Energy IPO Risks
- Reliance on third-party suppliers poses risks to supply continuity.
- Revenue depends heavily on a few key clients, increasing volatility.
- Geographic concentration in northern India heightens regional risk exposure.
- Seasonal variations in raw material availability affect production and sales.
Swot Analysis for Shubhshree Biofuels Energy IPO
Strengths
Weaknesses
Opportunities
Threats
Company Details
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/
IPO Registar Details
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/ipo_status.html
FAQs
The key objectives of Shubhshree Biofuels Energy IPO are:
- Funding Capital Expenditure towards installation of additional plant and machinery.
- To meet working capital requirements.
- General Corporate Purpose.
- Hem Securities Ltd.
are the book-running lead managers for the Shubhshree Biofuels Energy IPO.