Shubhshree Biofuels Energy IPO
Open SmeCurrent GMP
₹45 (+37.82%)
Price Band
₹ 113 – 119
Lot Size
1200
Issue Size
₹16.56 Cr
Minimum Investment
₹285600 (2400 Shares)
Listing Date
16 September 2024
Subscription
-
About the Company
Founded in 2013, Shubhshree Biofuels Energy Limited specializes in supplying biomass fuels, including pellets and briquettes, to a diverse range of sectors such as recycled materials, textile processing, pharmaceuticals, and metal industries.
The company operates three briquette-cum-pelleting machines: one owned outright and two leased along with their premises. These machines collectively have a production capacity of 132 tonnes per day. Between October 2023 and February 2024, Shubhshree Biofuels Energy produced 12,090 tonnes of biomass fuels, accounting for about 23.8% of its total sales, which amounted to approximately 50,600 tonnes.
Shubhshree Biofuels Energy primarily serves the northern states of India, with Haryana, Uttar Pradesh, Rajasthan, and the NCR region being the key contributors to its revenue.
Promoters
Company Promoter(s)
- Anurag Agarwal
- Astha Agarwal
- Sagar Agrawal
- Upasna Srivastava Dattani
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
73.45%
Objects of the Issue
The Issue includes a fresh Issue of up to 13,92,000 Equity Shares at an Issue Price of Rs. 119 per Equity Share. The Company intend to utilize the proceeds of the Issue to meet the following objects: -
- Funding Capital Expenditure towards the installation of additional plant and machinery
- To meet working capital requirements
- General Corporate Purpose.
Address / Contact Info
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: shubhshree@biomassfuel.co.in
Website: http://www.shubhshreebiofuels.co.in
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Monday, 09 September 2024
IPO Close Date
Wednesday, 11 September 2024
Basis of Allotment
Thursday, 12 September 2024
Initiation of Refunds
Friday, 13 September 2024
Credit of Shares to Demat
Friday, 13 September 2024
Listing Date
Monday, 16 September 2024 — NSE & BSE
Important Dates
Open Date
09 September 2024
Close Date
11 September 2024
Basis Of Allotment
12 September 2024
Listing Date
16 September 2024
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 1396.84 | 593.12 | 185.61 |
| Revenue | 9488.32 | 5971.24 | 791.83 |
| Profit After Tax | 329.77 | 242.38 | 27.46 |
| Net Worth | 711.27 | 256.5 | 14.12 |
| Reserve & Surplus | 326.27 | 255.5 | 13.12 |
| Total Borrowings | 60.66 | 91.06 | 48.82 |
EPS Pre
8.57%
EPS Post
6.29%
P/E Pre
13.89
P/E (Post Issue)
18.92x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of March 31, 2024. |
|---|---|
| ROE % | 68.15 |
| ROCE % | 61.67 |
| Debt / Equity | 0.09 |
| RoNW % | 46.36 |
| PbW | 0 |
| Pat Margin % | 3.5 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Anchor Investors | 393600 | 28.9 | 0 |
| Market Maker | 72000 | 5.29 | 0 |
| Qualified Institutions | 233900 | 17.17 | 0 |
| Non-Institutional | 199200 | 14.63 | 0 |
| Retail Investors | 463200 | 34.01 | 0 |
| Total | 1361900 | 100 | 0 |
Subscription Status ( Wed, 04 Sep 24 05:57 AM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 0 | 0 | 0x |
| Non-Institutional | 0 | 20400 | 0x |
| Retail Investors | 0 | 32400 | 0x |
| Total | 0 | 52800 | 0x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | 142,800.00 |
| Retail (Max) | 1 | 1,200 | 142,800.00 |
| S-HNI (Min) | 2 | 2,400 | 285,600.00 |
Registrar
Bigshare Services Pvt Ltd
91-22-6263 8200
investor@bigshareonline.com
https://www.bigshareonline.com
Book Running Lead Managers
- Hem Securities Limited
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Shubhshree Biofuels Energy IPO is a Book-building IPO worth ₹16.56 crores. The price band is ₹113 to 119 per share. The IPO opens on Mon, Sep 9, 2024 and closes on Wed, Sep 11, 2024. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.
The Shubhshree Biofuels Energy IPO opens on Mon, Sep 9, 2024 and closes on Wed, Sep 11, 2024
Shubhshree Biofuels Energy IPO Price Band is ₹113 to 119.
Shubhshree Biofuels Energy IPO lot size is 1200, and the minimum amount required for application is ₹285600.
The minimum investment for Shubhshree Biofuels Energy IPO is approximately ₹285600 based on the upper price band.
To apply for the Shubhshree Biofuels Energy IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Wed, Sep 11, 2024. After submission, funds are blocked until the basis of allotment of Shubhshree Biofuels Energy IPO is finalised.
Shubhshree Biofuels Energy IPO issue size is ₹16.56 crores.
Shubhshree Biofuels Energy IPO allotment date is Sat, Jun 27, 2026.
The registrar for Shubhshree Biofuels Energy IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website for IPO allotment status, refund processing, and other queries related to Shubhshree Biofuels Energy IPO through their official website or helpline.
The Shubhshree Biofuels Energy IPO GMP (Grey Market Premium) is ₹45 as of Wed, Sep 11, 2024. Based on the upper price band of ₹119 per share, the estimated Shubhshree Biofuels Energy IPO listing price is ₹164, indicating a potential listing gain of approximately 31% over the issue price.