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Shubhshree Biofuels Energy IPO IPO (Shubhshree Biofuels Energy Limited ) Details
Shubhshree Biofuels Energy IPO
Shubhshree Biofuels Energy Limited 's overview
Shubhshree Biofuels Energy Limited is a book built issue of ₹16.56 Cr (16,56,48,000). The issue includes a fresh issue of 13.92 Lakh (13,92,000) shares aggregating to ₹16.56 Cr (16,56,48,000).
Shubhshree Biofuels Energy Limited bidding started from Sep 09, 2024 and ended on Sep 11, 2024. The allotment for Shubhshree Biofuels Energy Limited was finalized on Sep 12, 2024. The shares got listed on NSE on Sep 16, 2024.
Shubhshree Biofuels Energy Limited price band is set at ₹113 to ₹119 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹1.36 Lakh (1,35,600).
Refer to Shubhshree Biofuels Energy Limited RHP for detailed information.
IPO date
Sep 09,2024 - Sep 11,2024
Listing Date
Sep 16,2024
Face value
₹10
Price Band
₹113 to ₹119 per share
Lot
₹1200 Shares
Total Issue Size
13.92 Lakh (13,92,000)
aggregating up to ₹16.56 Cr (16,56,48,000)
Fresh Issue
13.92 Lakh (13,92,000)
aggregating up to ₹16.56 Cr (16,56,48,000)
Issue Type
Book Building
IPO Type
SMEListing At
NSE
Mon, Sep 09, 2024
IPO Open
Wed, Sep 11, 2024
IPO Close
Thu, Sep 12, 2024
Basis of Allotment
Fri, Sep 13, 2024
Initiation of Refunds
Fri, Sep 13, 2024
Credit of Shares to Demat
Mon, Sep 16, 2024
Listing
Shubhshree Biofuels Energy Limited Day-wise IPO GMP Trend
Shubhshree Biofuels Energy Limited last GMP is ₹75, last updated Sep 15,2024. With the price band of 119.00, Shubhshree Biofuels Energy Limited 's estimated listing price is ₹194 (cap price + today's GMP).The expected percentage gain/loss per share is 63.03%.
| Date | IPO Price | GMP | Estimated Listing Price | Last Updated |
|---|---|---|---|---|
| 15-Sep-24 | 119.00 | 75 | 194(63.03%) | 15-Sep-2024 17:02 |
| 14-Sep-24 | 119.00 | 75 | 194(63.03%) | 14-Sep-2024 23:29 |
| 13-Sep-24 | 119.00 | 75 | 194(63.03%) | 13-Sep-2024 23:25 |
| 12-Sep-24 | 119.00 | 75 | 194(63.03%) | 12-Sep-2024 23:24 |
| 11-Sep-24 | 119.00 | 45 | 164(37.82%) | 11-Sep-2024 23:25 |
| 10-Sep-24 | 119.00 | 0 | 119(0.00%) | 10-Sep-2024 23:25 |
| 09-Sep-24 | 119.00 | 0 | 119(0.00%) | 9-Sep-2024 23:27 |
| 08-Sep-24 | 119.00 | 0 | 119(0.00%) | 8-Sep-2024 23:26 |
| 07-Sep-24 | 119.00 | 0 | 119(0.00%) | 7-Sep-2024 23:24 |
| 06-Sep-24 | 119.00 | 0 | 119(0.00%) | 6-Sep-2024 23:25 |
| 05-Sep-24 | 119.00 | 0 | 119(0.00%) | 5-Sep-2024 23:31 |
| 04-Sep-24 | 119.00 | 0 | 119(0.00%) | 4-Sep-2024 23:24 |
| 03-Sep-24 | 119.00 | 0 | 119(0.00%) | 3-Sep-2024 23:28 |
Shubhshree Biofuels Energy Limited Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
Retail(Min) | 1 | 1,200 | ₹1.43 Lakh (1,42,800) |
Retail(Max) | 1 | 1,200 | ₹1.43 Lakh (1,42,800) |
HNI(Min) | 2 | 2,400 | ₹2.86 Lakh (2,85,600) |
Shubhshree Biofuels Energy Limited Reservation
| Investor Category | Shares Offered |
|---|---|
| Offered to QIB | 2.34 Lakh (2,33,900) |
| Offered to NII | 1.99 Lakh (1,99,200) |
| Offered to RII | 4.63 Lakh (4,63,200) |
| Offered to Anchor Investor | 3.94 Lakh (3,93,600) |
About Shubhshree Biofuels Energy IPO
Shubhshree Biofuels Energy Limited was established in 2013 and supplies biomass fuels, including biomass pellets and briquettes, to customers operating in the recycled material, textile processing, pharmaceutical, metal, etc. sectors.
The company has installed three briquetting and pelleting machines, one of which is owned by the company and the other two have been leased together with the premises, which have a combined capacity of 132 tonnes per day. In the period from October 2023 to February 2024, the company produced 12090 tonnes of biomass fuels, while the total sales volume was approximately 50600 tonnes and the share of manufactured goods accounted for approximately 23.8% of the 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 at March 30, 2024, the company employed 26 people.
Shubhshree Biofuels Energy Limited 's documents
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), Jaipur - 302019
Phone: +91 9799998880
Email: [email protected]
Website: http://www.shubhshreebiofuels.co.in/
Shubhshree Biofuels Energy Limited 's Promoters
Anurag Agarwal, Astha Agarwal, Sagar Agrawal and Upasna Srivastava Dattani are the promoters of the company.