Shubhshree Biofuels Energy Ltd. IPO: Key Details

Our Company is engaged in the business of supplying of biomass fuels, which includes biomass pellets and briquettes.These biomass fuels are an alternative source of energy which are basically used in commercial and industrial heating,cooking fuel, industrial burning and electricity generation, as an alternative to fossil fuels like coal, firewood, lignite,Agri-waste etc. The briquettes are majorly used for industrial purposes like running boilers etc. and the pellets aremajorly used as cooking fuel or commercial purposes. We are currently selling these pellets and briquettes tocustomers who are engaged in the business of recycling material, textile processing, pharmaceutical, metal etc.

Shubhshree Biofuels Energy Ltd. IPO Details

IPO Date September 09, 2024 to September 11, 2024
Listing Date September 16 2024
Face Value ₹10 per share
Price Band ₹113 to ₹119 per share
Lot Size 1200 Shares
Total Issue Size 998400 Shares
Issue Type Book building
Listing At NSE 
Share holding pre issue 3850000
Share holding post issue -

Shubhshree Biofuels Energy Ltd. IPO Promoter Holding

The promoter of the company is Anurag Agarwal, Aastha Agarwal, Sagar Agrawal, Upasna Srivastava Dattani,

Share Holding Pre Issue 100%
Share Holding Post Issue

Shubhshree Biofuels Energy Ltd. IPO Objectives

1) Funding Capital Expenditure towards installation of additional plant and machinery.2) To meet working capital requirements.3) General Corporate Purpose.

Shubhshree Biofuels Energy Ltd. IPO Prospectus

Shubhshree Biofuels Energy Ltd. Lead Managers

  • Hem Securities Ltd.

Shubhshree Biofuels Energy Ltd. IPO Contact Information

  • Aakrati Singhania
  • Phone: +91 9799998880
  • Email: shubhshree@biomassfuel.co.in

Shubhshree Biofuels Energy Ltd. IPO Registrar

  • Name: Bigshare Services Pvt Ltd
  • Phone: +91-022-62638200
  • Email: Investor@bigshareonline.com