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Shubhshree Biofuels Energy Ltd

Miscellaneous

Offer Period :

9th to 11th Sep 2024

Shubhshree Biofuels Energy Ltd IPO Details

IPO Date 9th to 11th Sep 2024 Minimum Investment ₹142800 / 1 Lots
Listing Date 2024-09-16 Maximum Investment ₹142800 / 1 Lots
Face Value ₹10 per share Total Issue Size ₹16.56 Crores
Price ₹119 to ₹119 per share Fresh Issue ₹16.56 Crores
Lot Size 1 Lots (1200 Shares) Offer For Sale ₹ [-]
Listing At NSE-SME Retail Discount ₹ 0
Employee Discount ₹0 per Share Shareholding Pre Issue 3850000 Shares
Issue Type Book Building - SME Shareholding Post Issue 5242000 Shares
IPO Date 9th to 11th Sep 2024
Listing Date 2024-09-16
Face Value ₹10 per share
Price ₹119 to ₹119 per share
Lot Size 1 Lots (1200 Shares)
Listing At NSE-SME
Total Issue Size ₹16.56 Crores
Employee Discount ₹0 per share
Issue Type Book Building - SME
Minimum Investment ₹142800 / 1 Lots
Maximum Investment ₹142800 / 1 Lots
Fresh Issue ₹16.56 Crores
Offer For Sale ₹[-] Crores
Retail Discount ₹0 Crores
Shareholding Pre Issue 3850000 Shares
Shareholding Post Issue 5242000 Shares

About Shubhshree Biofuels Energy Ltd IPO

Founding Head: 2013

Managing Director: Sagar Agrawal

SHUBHSHREE BIOFUELS ENERGY LIMITED Timeline

Important dates for allocation and IPO listing.

9th Sep

IPO Opens

11th Sep

IPO Close

12th Sep

Allotment Date

13th Sep

Initiation of Refund

13th Sep

Credit of Shares to Demat Account

-

IPO Listing Date

Shareholder Pattern

  Pre-Issue Post-Issue
Promoter Group 100 73.45
Public Group 0 26.55

Shubhshree Biofuels Energy Ltd IPO Reservation

QIB Shares Offered 657600(47.24%)
NII (HNI) Shares Offered 199200(14.31%)
Retail Shares Offered 463200(33.28%)
Anchor Investor Shares Offered 0(0%)
Total Shares Offered 1392000
Total Shares With Anchor Investor 1392000

Shubhshree Biofuels Energy Ltd IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1200 ₹142800
Retail (Max) 1 1200 ₹142800
S HNI (Min) 2 2400 ₹285600
S HNI (Max) 7 8400 ₹999600
B HNI (MIN) 8 9600 ₹1142400

Shubhshree Biofuels Energy Ltd IPO Anchor Investor Details

Bid Date -
Shares Offered 0
Anchor Portion Size 0

Shubhshree Biofuels Energy Ltd IPO Registrar

Bigshare Services Pvt Ltd
Phone Number +91 22 6263 8200;
Email Id ipo@bigshareonline.com
Our Website www.bigshareonline.com

Shubhshree Biofuels Energy Ltd IPO Lead Manager

1. Hem Securities Ltd

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Shubhshree Biofuels Energy Ltd Financial Information

Period Ended March 31, 2024 March 31, 2023 March 31,
Net Worth ₹7.11 ₹2.57
Reserves and Surplus ₹3.26 ₹2.56
Total Borrowing ₹0.53 ₹0.86

Shubhshree Biofuels Energy Ltd IPO Subscription LIVE Status

Category No. of shares offered No. of shares bid No. of subscribed
Qualified Institutional Buyers (QIBs) 0 7326000 0
Non Institutional Investors (NIIs) 0 49023600 0
NII(Bid amount of more than Ten Lakh Rupees) 0 0 0
NII(Bid amount of more than 2 Lakh < 10 Rupees) 0 0 0
Retail Individual Investors (RIIs) 0 62833200 0
Total 998400 119182800 119.3738

Strength of Shubhshree Biofuels Energy Ltd

1. Location Advantage.

2. Customer Centric Approach.

3. Eco- friendly product.

4. Experienced Promoter and Management team.

Risks Involved

1. The company has a history of net losses in past and any losses or its inability to achieve profitability may have an adverse effect on its operations.

2. The biomass fuel industry is a relatively new concept and is yet to have a defined market as compared to conventional fuels, on account of which the company has to face resistance from the potential customers to switch to biomass fuel.

3. The Company is engaged in the business of supplying of biomass fuels and has commenced manufacturing of pallets during last one year. The manufacturing activity may take stabilizing period and also the company does not have long term supply agreements with suppliers which may have an adverse effect on the business operations and profits of the company.

4. Significant portion of its revenue is generated from few of the company's key clients. The loss of any such key clients, significant reduction in the demand for its products from such clients or deterioration in their financial condition may adversely affect its business, financial condition, result of operations and cash flows.

5. The company generates almost entire of its sales from its operations in certain geographical regions especially Northern India and any adverse developments affecting its operations in these regions could have an adverse impact on its revenue and results of operations.

6. Its business is subject to seasonal variations that could result in fluctuations in its results of operations.

7. The company has a limited operating and financial history, which makes it difficult to evaluate its business and future operating results on the basis of its past performance.

8. The company in past failed to apply for certain regulatory licenses, registrations and approvals in respect of its business operations. Failures to obtain or maintain licenses, registrations, permits and approvals may severely affect its business and results of operations.

9. The company has not placed orders for the purchase of plant and machinery for which part of the funds are being raised through the Issue.

10. The company does not own the Registered office, other Offices and manufacturing facility from which the company carry out its business activities. Any termination or dispute in relation to these rental agreements may have an adverse effect on its business operations and results thereof.

Why should you invest in

-

Shubhshree Biofuels Energy Ltd Financials

Particulars For the financial year ending (in ₹ million)
 
Total Assets
Total Liabilities
Total Expenses
Total Revenue 
Profit After Tax
EBITDA
Adjusted EBITDA

SHUBHSHREE BIOFUELS ENERGY LIMITED IPO Contact Details

Shubhshree Biofuels Energy Ltd IPO Listing Details

Listing Date BSE Script Code NSE Symbol ISIN Final Issue Price
2024-09-16 92972 SHUBHSHREE
INE0UL701015
₹119 per share

Listing Day Trading Information

Price Details BSE NSE
Final Issue Price ₹119 ₹119
Open ₹0 ₹189
Low ₹0 ₹179.55
High ₹0 ₹198.45
Low ₹0 ₹179.55

Frequently Asked Questions

What is Shubhshree Biofuels Energy Ltd IPO?

Answer Field

Shubhshree Biofuels Energy Ltd IPO is a SME IPO of 13,92,000 equity shares of a face value of ₹10 aggregating up to ₹16.56 Crores. The issue is priced at ₹119 to ₹119 per share. The minimum order quantity is 1200 Shares. The IPO opens on September 09, 2024, and closes on September 11, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE-SME.

When Shubhshree Biofuels Energy Ltd IPO will open?

Answer Field

The Shubhshree Biofuels Energy Ltd IPO opens on September 09, 2024 and closes on September 11, 2024.

What is the lot size of Shubhshree Biofuels Energy Ltd?

Answer Field

Shubhshree Biofuels Energy Ltd lot size is 1200 shares, and the minimum amount required is ₹1,42,800.

How to apply for Shubhshree Biofuels Energy Ltd IPO?

Answer Field

You can apply in Shubhshree Biofuels Energy Ltd IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. To apply for an IPO:

• Login to Bajaj Broking account App/Website & click on IPO

• Enter the number of lots and price at which you wish to apply.

• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.

• You will receive a mandate notification to block funds in your UPI app.

• Approve the mandate request on your UPI and funds will be blocked.

When is Shubhshree Biofuels Energy Ltd IPO allotment?

Answer Field

The finalization of Basis of Allotment for Shubhshree Biofuels Energy Ltd IPO will be done on September 12, 2024, and the allotted shares will be credited to your demat account by September 13, 2024.

When is Shubhshree Biofuels Energy Ltd IPO listing date?

Answer Field

The Shubhshree Biofuels Energy Ltd listing date is September 16, 2024.

Who is the registrar of Shubhshree Biofuels Energy Ltd IPO?

Answer Field

The registrar of Shubhshree Biofuels Energy Ltd IPO is Bigshare Services Pvt Ltd

Which company is the book-running lead manager of the IPO?

Answer Field

Hem Securities Ltd will be the book-running lead manager of this IPO.

What is the fresh issue of Shubhshree Biofuels Energy Ltd IPO?

Answer Field

The fresh issue size is ₹16.56 Crores equity shares.

What minimum lot size can retail subscribers subscribe to Shubhshree Biofuels Energy Ltd?

Answer Field

Retail investors can subscribe to a minimum of one lot, 1200 shares and ₹1,42,800 amount.

How can I approve the UPI mandate request for Shubhshree Biofuels Energy Ltd IPO?

Answer Field

To apply for Shubhshree Biofuels Energy Ltd IPO, you need to log in to your demat account to complete the bidding process. Then, approve the payment mandate on your UPI app.

What is the price range of Shubhshree Biofuels Energy Ltd?

Answer Field

The price of each Shubhshree Biofuels Energy Ltd share will be ranging in between ₹119 to ₹119 per share.

What is the cut-off time for the UPI mandate for Shubhshree Biofuels Energy Ltd IPO?

Answer Field

The cut-off time for the UPI mandate confirmation is 5:00 PM, September 11, 2024.

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