Shubhshree Biofuels Energy Limited
ListedSMEEnergy · NSE
Shubhshree Biofuels Energy Limited, founded in 2013, is a growing name in the biomass fuel industry. The company supplies biomass pellets and briquettes to various industries like recycling, textiles, pharmaceuticals, and metals. It operates three briquetting and pelleting machines—one owned and two on lease—with a total daily production capacity of 132 tonnes. Between October 2023 and February 2024, the company produced 12,090 tonnes of biomass fuel, making up 23.8% of its total sales volume of around 50,600 tonnes. Shubhshree mainly serves customers in northern India, including Haryana, Uttar Pradesh, Rajasthan, and the NCR region. As of March 30, 2024, the company has a team of 26 employees.
Price Band
₹113 – ₹119
Issue Size
₹16.56 Cr
Lot Size
1200 shares
GMP
₹75
+63.0%
Est. Listing
₹194
at current GMP
Subscribed
128.65x
overall
Open
9 Sep 2024
Close
11 Sep 2024
Allotment
12 Sep 2024
Refund
13 Sep 2024
Demat Credit
14 Sep 2024
Listing
16 Sep 2024
Last updated 12 days ago
Official Registrar Verification
Shubhshree Biofuels Energy Limited Allotment Status
Designated Registrar: Bigshare Services Private Limited
Allotment Date
12 Sep 2024
Basis finalization
Refunds Initiate
13 Sep 2024
Mandate release
Demat Credit
14 Sep 2024
Shares in demat
Listing Debut
16 Sep 2024
Trading begins
How to Check Shubhshree Biofuels Energy Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Bigshare Services Private Limited's allotment portal.
- Select Shubhshree Biofuels Energy Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Shubhshree Biofuels Energy Limited Public Issue & Market Profile
Shubhshree Biofuels Energy Limited is bringing an initial public offering (IPO) in the Energy sector with an aggregate issue size of ₹16.56 Crores. The shares are offered at a price band of ₹113 to ₹119 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Public Issue & Allotment Procedure:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Official Allotment Timelines & Registrar Guidance:
Following the close of bidding on 2024-09-11, the basis of allotment is scheduled to be finalized on 2024-09-12. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.