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
Overall Subscription
128.65x
Total Demand
QIB Multiplier
27.75x
Institutions & Funds
NII / HNI
246.10x
High Net-Worth
Retail (RII)
135.65x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 264,000 | 7,326,000 | 27.75x |
| NIB | 199,200 | 49,023,600 | 246.10x |
| RETAIL | 463,200 | 62,833,200 | 135.65x |
| Total | 926,400 | 119,182,800 | 128.65x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 406 | 55,074 | 135.65x |
| HNIs (10L +) | 3 | 738 | 246.10x |
| HNIs (2-10L) | 12 | 2,953 | 246.10x |
| Total Applications | 421 | 58,765 | 139.58x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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 is Shubhshree Biofuels Energy Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Shubhshree Biofuels Energy Limited IPO is ₹75 per equity share. Based on the upper price band of ₹113 to ₹119 per equity share, the estimated listing price is ₹194 (+63.0% expected listing gain).
What is the expected profit per lot for Shubhshree Biofuels Energy Limited IPO?
With a lot size of 1200 shares and current GMP of ₹75, the expected profit per application lot is approx ₹90,000 (+63.0% gain). Minimum application cost is approx ₹1,42,800.
What is the issue size and price band for Shubhshree Biofuels Energy Limited IPO?
The Shubhshree Biofuels Energy Limited IPO aggregate issue size is ₹16.56 Crores with an equity price band set at ₹113 to ₹119 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,42,800.
How can I check Shubhshree Biofuels Energy Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 128.65x (Retail: 135.65x, QIB: 27.75x, NII: 246.10x). You can track live multiples directly on our dedicated subscription page.
Where and when will Shubhshree Biofuels Energy Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2024-09-12. Investors can verify status using PAN card or application number.
When is the listing date for Shubhshree Biofuels Energy Limited IPO?
Shubhshree Biofuels Energy Limited shares are scheduled to list on NSE on 2024-09-16.