The upcoming Shubhshree Biofuels Energy Limited IPO has sparked interest among investors, thanks to the company’s role in the biofuels industry. Shubhshree Biofuels Energy is preparing for growth by focusing on sustainable energy solutions as the world moves towards cleaner energy. This article will provide a detailed overview of the IPO, covering the synopsis, timeline, financials, and key highlights of the offer.
The Shubhshree Biofuels Energy Limited IPO is one of the most anticipated upcoming IPOs in the market. They plan to issue shares to raise capital for expansion and operational enhancements. This IPO will be listed on the SME platform, making it accessible to small and medium-sized enterprises, which is why it is referred to as the Shubhshree Biofuels Energy Limited IPO SME.
The following table outlines the key details of the Shubhshree Biofuels Energy Limited IPO, including the lot size, price range, and other vital data:
| Shubhshree Biofuels Energy Limited IPO date | September 9, 2024 to September 11, 2024 |
| Listing date | - |
| Face value | ₹10 per share |
| Shubhshree Biofuels Energy Limited IPO price band | ₹113 to ₹119 per share |
| IPO lot size | 1200 shares |
| Issue size | 1,392,000 shares(aggregating up to ₹16.56 Cr) |
| Fresh issue of shares | 1,392,000 shares(aggregating up to ₹16.56 Cr) |
| Type of issue | Book Built Issue IPO |
| 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 |
Investors can apply for the Shubhshree Biofuels Energy Limited IPO online, streamlining the process for retail investors. The stock is expected to generate significant interest, and the Shubhshree Biofuels Energy Limited IPO GMP (Grey Market Premium) will provide early indications of market sentiment.
The timeline for the Shubhshree Biofuels Energy Limited IPO is outlined below, indicating key dates that investors need to note:
| Shubhshree Biofuels Energy Limited IPO open date | Monday, September 9, 2024 |
| Shubhshree Biofuels Energy Limited IPO close date | Wednesday, September 11, 2024 |
| Allotment of shares(Tentative) | Thursday, September 12, 2024 |
| Initiation of refunds (Tentative) | Friday, September 13, 2024 |
| Credit to demat (Tentative) | Friday, September 13, 2024 |
| IPO listing date (Tentative) | Monday, September 16, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 11, 2024 |
These dates provide a clear roadmap for potential investors to plan their applications and track their investments.
Shubhshree Biofuels Energy Limited produces biofuels and contributes to sustainable energy solutions. The company has positioned itself in a rapidly growing market, leveraging cutting-edge technology and environmentally friendly practices. Its focus on reducing carbon emissions aligns with global efforts towards a greener future.
By capitalising on the rising demand for biofuels, Shubhshree Biofuels Energy aims to expand its operational capacity and increase its market share. This IPO will support the company’s ambitions to scale production and introduce innovative products to the market.
The financial health of Shubhshree Biofuels Energy is a key factor for investors considering the IPO. The company has demonstrated growth in revenue and profitability, reflecting its solid business model and increasing demand for biofuels. Key financial metrics, including revenue, net profits, and debt levels, indicate that the company is well-positioned for future expansion.
| Period ended | 31 March 2024 |
| Assets | 1,396.84 |
| Reserves and surplus | 326.27 |
| Net worth | 711.27 |
| Revenue | 9,488.32 |
| Profit after tax | 329.77 |
| Total borrowing | 60.66 |
| Amount in ₹ crore | |
Investors reviewing the Shubhshree Biofuels Energy Limited IPO will likely pay close attention to the financial statements, seeking assurance of the company’s growth trajectory. For retail investors, the option to IPO apply online makes it convenient to participate in this promising offer.
The Shubhshree Biofuels Energy Limited IPO review is largely positive, with analysts recognising the company’s potential for growth in a sustainable and increasingly important industry. However, investors should carefully consider both the opportunities and risks before making a decision.
The key strengths of Shubhshree Biofuels Energy, such as its focus on sustainability and its market potential, make the IPO attractive. However, the challenges related to market volatility and competition should not be overlooked.
For retail investors interested in sustainable investments and emerging sectors, the Shubhshree Biofuels Energy Limited IPO could be a promising opportunity. However, it is crucial to review the company’s financials, growth strategy, and market conditions before applying.
The Shubhshree Biofuels Energy Limited IPO represents an exciting opportunity in the biofuels sector, with strong market demand and a focus on sustainability driving its growth potential. By participating in this IPO, investors will gain exposure to a company that aligns with the future of renewable energy.
The IPO is set to offer shares at a price that will appeal to a broad range of investors, and the opportunity to apply online makes it accessible. As you consider this IPO, ensure you have all the necessary information and assess your risk tolerance.
Investors will be able to apply for the Shubhshree Biofuels Energy Limited IPO during the open subscription period. The IPO opened on 9th September and will run until 11th September. During this period, investors can apply for shares through the IPO apply online process or through authorised brokers. It is essential to monitor the specific dates and ensure your application is submitted within the given timeframe.
The lot size for the Shubhshree Biofuels Energy Limited IPO is 1200 shares, and the minimum amount required is ₹142,800 for a single bid.
The Shubhshree Biofuels Energy IPO is a small and medium-sized enterprise (SME) offering featuring 1,392,000 equity shares with a face value of ₹10 each. It aims to go up to ₹16.56 crore. The shares are priced between ₹113 and ₹119 per share, with a minimum order quantity of 1,200 shares.
The IPO opened for subscription on 9 September 2024 and will be closing on 11 September 2024. Bigshare Services Pvt Ltd is set to serve as the registrar for this IPO, with the anticipation of the shares being listed on the NSE SME platform.
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