Shubhshree Biofuels Energy Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 657,600 (47%) | — | ₹783 Cr |
| NII (HNI) | — | 199,200 (14%) | — | ₹237 Cr |
| Retail | — | 463,200 (33% | — | ₹551 Cr |
| Market Maker | — | 72,000 (5%) | — | ₹9 Cr |
| Σ Total | — | 1,392,000 (100%) | — | ₹16,565 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹142,800 |
| Retail (Max) | 13 | 15,600 | ₹1,856,400 |
| S-HNI (Min) | 14 | 16,800 | ₹1,999,200 |
| B-HNI (Min) | 67 | 80,400 | ₹9,567,600 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 9,488 | 5,971 | 792 |
| Profit After Tax | 330 | 242 | 27 |
| Net Worth | 711 | 257 | 14 |
| Total Assets | 1,397 | 593 | 186 |
| Reserves & Surplus | 326 | 256 | 13 |
| Total Borrowing | 61 | 91 | 49 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding Capital Expenditure towards the installation of additional plant and machinery; –
- Funding Capital Expenditure towards the installation of additional plant and machinery; –
- General Corporate Purpose. –
Company Overview
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.