Shubhshree Biofuels Energy IPO

Shubhshree Biofuels Energy is an NSE SME IPO listed on the NSE SME platform, priced at ₹113–₹119 per share. The stock debuted at ₹189, delivering a listing gain of 58.8%. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,42,800.

Shubhshree Biofuels Energy Limited IPO

NSE SME Listed
₹1,42,800 (1200 Shares)
Minimum Investment
Check Allotment
IPO Dates
Sep 9, 2024 – Sep 11, 2024
Price band
₹113-119 per equity share
Minimum Investment
₹1,42,800
Issue size
₹16.56 Cr
Lot size
1200
Allotment Date
Sep 12, 2024
Listing
Sep 16, 2024
Listing At
NSE SME

IPO timeline

  1. Sep 9, 2024

    Open Date

    Completed

  2. Sep 11, 2024

    Close Date

    Completed

  3. Sep 12, 2024

    Allotment Date

    Completed

  4. Sep 16, 2024

    Listing Date

    Completed

Shubhshree Biofuels Energy IPO Essentials

Shubhshree Biofuels Energy IPO Details

Shubhshree Biofuels Energy IPO is priced at ₹113-119 per share with a total issue size of 16.56 crore. The IPO has a lot size of 1200 shares and is listed on an NSE SME.

Issue price
₹113-119 per equity share
Lot size
1200 shares
Face value
₹10 Per Equity Share
Issue size
1,392,000 shares(aggregating up to ₹16.56 Cr)
Total issue size
13,92,000 shares
(aggregating up to ₹16.56 crore)
Fresh issue
13,92,000 shares
(aggregating up to ₹16.56 crore)
Listing at
NSE SME
List price
189.0
Listing date
Registrar
Bigshare Services Pvt Ltd
Lead manager
Hem Securities Limited

Market Lot Size

Investors can bid for a minimum of 1200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 1200 ₹1,42,800
Retail(max) 1 1200 ₹1,42,800
NII (min) 2 2400 ₹2,85,600

Shubhshree Biofuels Energy IPO Documents

Shubhshree Biofuels Energy IPO Reservation

Shubhshree Biofuels Energy IPO reservation details show category-wise allocation of shares. Out of the total 13,61,900 shares, approximately 17.17% are reserved for QIB, 14.63% for NII, 34.01% for retail investors, 5.29% for market maker, and 28.9% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 3,93,600 (28.9%)
Market Maker Shares Offered 72,000 (5.29%)
QIB Shares Offered 2,33,900 (17.17%)
NII (HNI) Shares Offered 1,99,200 (14.63%)
Retail Shares Offered 4,63,200 (34.01%)
Total Shares Offered 13,61,900 (100%)

Shubhshree Biofuels Energy IPO Analytics

Shubhshree Biofuels Energy IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Shubhshree Biofuels Energy IPO Subscription Status

Shubhshree Biofuels Energy IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB / NII Retail Total
Shares Offered / Reserved 233,900 / 199,200 463,200 896,300
Day 1 09-09-24 06:00 PM
(0.00 / 1.39) x 5.19 x 2.99 x
Day 2 10-09-24 06:00 PM
(4.47 / 6.36) x 19.14 x 12.47 x
Day 3 11-09-24 06:00 PM
(31.32 / 246.10) x 135.65 x 132.89 x

Shubhshree Biofuels Energy Valuations

Earnings

EPS Pre IPO
₹8.57/-
EPS Post IPO
₹6.29/-
P/E Pre IPO
13.89
P/E Post IPO
18.92

Returns

ROE
68.15%
ROCE
61.67%
RoNW
46.36%
PAT Margin
3.50

Fundamentals

Debt / Equity
0.09

Data sourced from DRHP / RHP • For educational purposes only

Shubhshree Biofuels Energy Financials( In Lakhs)

31-Mar-24 31-Mar-23 31-Mar-22
Assets 1,396.84 593.12 185.61
Revenue 9,488.32 5,971.24 791.83
Profit After Tax 329.77 242.38 27.46
Net Worth 711.27 256.5 14.12
Reserves & Surplus 326.27 255.5 13.12
Total Borrowing 60.66 91.06 48.82

Shubhshree Biofuels Energy Company & Offer Insights

About Shubhshree Biofuels Energy

Shubhshree Biofuels Energy Limited was founded in 2013 and offers biomass fuels in the form of biomass pellets and briquettes to customers involved in the recycling material, textile processing, pharmaceutical, metal, etc. industries.

Three briquetting and pelleting machines have been installed, one belonging to the company and the other two leased along with the premises with a combined capacity of 132 tonnes per day. Produces 12090 tonnes of biomass fuels in period from October, 2023 to February 2024. Total sales Volume around 50600 tonnes where manufactured goods Share amounts to around 23.8% of Total Sales Volume.

The company's customers are mainly from the northern states of India, especially Haryana, Uttar Pradesh, Rajasthan, and the NCR region.

As of March 30, 2024, the company employed 26 people.

Shubhshree Biofuels Energy Promoter(s)

Anurag Agarwal, Astha Agarwal, Sagar Agrawal, Upasna Srivastava Dattani are the company's promoters of Shubhshree Biofuels Energy.

Shubhshree Biofuels Energy IPO Issue Objectives

Funding Capital Expenditure towards the installation of additional plant and machinery
To meet working capital requirements
General Corporate Purpose.

Shubhshree Biofuels Energy IPO - Peers Comparison

Company Name EPS (Basic) EPS (Diluted) NAV (per share) (Rs) P/E (x) RoNW (%) P/BV Ratio Financial statements
Shubhshree Biofuels Energy Limited 8.6 8.6 N/A 18.9 46.36 N/A Restated Financial Statement for the year ended March 31, 2024

Notes:

  1. There are no listed companies in India engaged in a business similar to ours, so it is not possible to provide an industry comparison.
  2. NAV per share is computed as the closing net worth divided by the weighted average number of paid-up equity shares as of March 31, 2024.
  3. RoNW has been computed as net profit after tax divided by closing net worth.
  4. Net worth has been computed as per Regulation 2(1)(hh) of SEBI (ICDR) Regulations, 2018.

Contact Information

Contact Details

Shubhshree Biofuels Energy

+91 9799998880

shubhshree@biomassfuel.co.in

http://www.shubhshreebiofuels.co.in/

Plot No. 8 Ganesh Vihar B, Pandit T.N Mishra Marg, Nirman Nagar, Shyam Nagar (Jaipur), Jaipur - 302019

Registrar Contact Details

Bigshare Services Pvt Ltd

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/ipo_status.html

Frequently Asked Questions

Click any question to reveal the answer

Shubhshree Biofuels Energy IPO is a book-built IPO worth ₹16.56 crore. The price band is ₹113–₹119 per share. The IPO opens on Sep 9, 2024 and closes on Sep 11, 2024. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.

The price band of Shubhshree Biofuels Energy IPO is ₹113 to ₹119 per share.

The lot size of Shubhshree Biofuels Energy IPO is 1200 shares.

The minimum investment for Shubhshree Biofuels Energy IPO is approximately ₹1,42,800 based on the upper price band .

Shubhshree Biofuels Energy IPO opens on Sep 9, 2024 and closes on Sep 11, 2024.

The allotment date of Shubhshree Biofuels Energy IPO is Sep 12, 2024.

Shubhshree Biofuels Energy IPO is expected to be listed on Sep 16, 2024, on NSE SME Platform.

Shubhshree Biofuels Energy IPO valuation snapshot: P/E 18.92, EPS ₹6.29/-, P/B N/A, RoNW 46.36%, and market cap N/A.

To apply for Shubhshree Biofuels Energy IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Shubhshree Biofuels Energy IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Shubhshree Biofuels Energy IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Shubhshree Biofuels Energy IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Shubhshree Biofuels Energy IPO allotment status on IPO Ji for quick and easy access.