Shubhshree Biofuels Energy IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Sep 09 to Sep 11 2024
Price Band
₹113 - 119
Current GMP
₹189(58.82%)
Subscription
132.89 times
IPO Details
| IPO Date | September 9, 2024 to September 11, 2024 |
| Listing Date | Monday, September 16, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹113 to ₹119 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 1,392,000 shares (aggregating up to ₹16.56 Cr) |
| Fresh Issue | 1,392,000 shares (aggregating up to ₹16.56 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 3,850,000 |
| Share holding post issue | 5,242,000 |
| Market Maker portion | 72,000 shares Hem Finlease |
IPO Date
September 9, 2024 to September 11, 2024
Listing Date
Monday, September 16, 2024
Face Value
₹10 per share
Price Band
₹113 to ₹119 per share
Lot Size
1200 Shares
Total Issue Size
1,392,000 shares (aggregating up to ₹16.56 Cr)
Fresh Issue
1,392,000 shares (aggregating up to ₹16.56 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME
Share holding pre issue
3,850,000
Share holding post issue
5,242,000
Market Maker portion
72,000 shares Hem Finlease
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| Qualified Institutions | 31.32 |
| Non-Institutional Buyers*** | 245.74 |
| Retail Investors | 135.65 |
| Total ** | 132.89 |
Anchor Investors
1
Market Maker
1
Qualified Institutions
31.32
Non-Institutional Buyers***
245.74
Retail Investors
135.65
Total **
132.89
Day Wise Sub
| Day | QIB | NII* | Retail | Total |
|---|---|---|---|---|
| Day 1 Sep 9, 2024 | 0.00 | 1.39 | 5.19 | 2.99 |
| Day 2 Sep 10, 2024 | 4.47 | 6.36 | 19.14 | 12.47 |
| Day 3 Sep 11, 2024 | 31.32 | 245.74 | 135.65 | 132.89 |
DayDay 1
Sep 9, 2024
QIB0.00
NII*1.39
Retail5.19
Total2.99
DayDay 2
Sep 10, 2024
QIB4.47
NII*6.36
Retail19.14
Total12.47
DayDay 3
Sep 11, 2024
QIB31.32
NII*245.74
Retail135.65
Total132.89
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 16-09-2024 | 119.00 | 75(63.03%) | 194 |
| 15-09-2024 | 119.00 | 75(63.03%) | 194 |
| 14-09-2024 | 119.00 | 75(63.03%) | 194 |
| 13-09-2024 | 119.00 | 75(63.03%) | 194 |
| 12-09-2024 | 119.00 | 75(63.03%) | 194 |
| 11-09-2024 | 119.00 | 45(37.82%) | 164 |
| 10-09-2024 | 119.00 | 0(0.0%) | 119 |
| 09-09-2024 | 119.00 | 0(0.0%) | 119 |
| 08-09-2024 | 119.00 | 0(0.0%) | 119 |
| 07-09-2024 | 119.00 | 0(0.0%) | 119 |
| 06-09-2024 | 119.00 | 0(0.0%) | 119 |
| 05-09-2024 | 119.00 | 0(0.0%) | 119 |
| 04-09-2024 | 119.00 | 0(0.0%) | 119 |
| 03-09-2024 | 119.00 | 0(0.0%) | 119 |
Date16-09-2024
Price119.00
GMP75(63.03%)
Estimate List Price194
Date15-09-2024
Price119.00
GMP75(63.03%)
Estimate List Price194
Date14-09-2024
Price119.00
GMP75(63.03%)
Estimate List Price194
Date13-09-2024
Price119.00
GMP75(63.03%)
Estimate List Price194
Date12-09-2024
Price119.00
GMP75(63.03%)
Estimate List Price194
Date11-09-2024
Price119.00
GMP45(37.82%)
Estimate List Price164
Date10-09-2024
Price119.00
GMP0(0.0%)
Estimate List Price119
Date09-09-2024
Price119.00
GMP0(0.0%)
Estimate List Price119
Date08-09-2024
Price119.00
GMP0(0.0%)
Estimate List Price119
Date07-09-2024
Price119.00
GMP0(0.0%)
Estimate List Price119
Date06-09-2024
Price119.00
GMP0(0.0%)
Estimate List Price119
Date05-09-2024
Price119.00
GMP0(0.0%)
Estimate List Price119
Date04-09-2024
Price119.00
GMP0(0.0%)
Estimate List Price119
Date03-09-2024
Price119.00
GMP0(0.0%)
Estimate List Price119
IPO Important Dates
| IPO Open Date | Monday, September 9, 2024 |
| IPO Close Date | Wednesday, September 11, 2024 |
| Basis of Allotment | Thursday, September 12, 2024 |
| Initiation of Refunds | Friday, September 13, 2024 |
| Credit of Shares to Demat | Friday, September 13, 2024 |
| Listing Date | Monday, September 16, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 11, 2024 |
IPO Open Date
Monday, September 9, 2024
IPO Close Date
Wednesday, September 11, 2024
Basis of Allotment
Thursday, September 12, 2024
Initiation of Refunds
Friday, September 13, 2024
Credit of Shares to Demat
Friday, September 13, 2024
Listing Date
Monday, September 16, 2024
Cut-off time for UPI mandate confirmation
5 PM on September 11, 2024
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹142,800 |
| Retail (Max) | 1 | 1200 | ₹142,800 |
| HNI (Min) | 2 | 2,400 | ₹285,600 |
ApplicationRetail (Min)
Lots1
Shares1200
Amount₹142,800
ApplicationRetail (Max)
Lots1
Shares1200
Amount₹142,800
ApplicationHNI (Min)
Lots2
Shares2,400
Amount₹285,600
Financial Information
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| 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 and Surplus | 326.27 | 255.5 | 13.12 |
| Total Borrowing | 60.66 | 91.06 | 48.82 |
Period EndedPeriod Ended
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
31 Mar 20241,396.84
31 Mar 2023593.12
31 Mar 2022185.61
Period EndedRevenue
31 Mar 20249,488.32
31 Mar 20235,971.24
31 Mar 2022791.83
Period EndedProfit After Tax
31 Mar 2024329.77
31 Mar 2023242.38
31 Mar 202227.46
Period EndedNet Worth
31 Mar 2024711.27
31 Mar 2023256.5
31 Mar 202214.12
Period EndedReserves and Surplus
31 Mar 2024326.27
31 Mar 2023255.5
31 Mar 202213.12
Period EndedTotal Borrowing
31 Mar 202460.66
31 Mar 202391.06
31 Mar 202248.82
Key Performance Indicator
| ROE | 68.15% |
| ROCE | 61.67% |
| Debt/Equity | 0.09 |
| RoNW | 46.36% |
| PAT Margin (%) | 3.5 |
| EPS (Rs) | 8.57 |
ROE
68.15%
ROCE
61.67%
Debt/Equity
0.09
RoNW
46.36%
PAT Margin (%)
3.5
EPS (Rs)
8.57
IPO Reservation
| 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%) |
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%)
Information about company
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.
Objectives of IPO
The company intends 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; and
General Corporate Purpose.
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
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