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Shubhshree Biofuels Energy IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Jaipur and caters to Recycling sector. Hem Securities is the merchant banker of Shubhshree Biofuels Energy IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th March 2024.
Shubhshree Biofuels Energy IPO open date is 9th September 2024 and close date is 11th September 2024. IPO Allotment Date is 12th September 2024 and Listing date is 16th September 2024.Shubhshree Biofuels Energy IPO size is Rs 16.56 Cr. crores with IPO price of Rs 119.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Hem Securities Limited is the book-running lead manager of the Shubhshree Biofuels Energy IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Hem Finlease Private Limited for Shubhshree Biofuels Energy IPO.
Shubhshree Biofuels Energy IPO anchor investors are the below investors. The number of anchor investors in this IPO is 3.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Next Orbit Ventures | 168,000.00 | ₹119.00 | ₹19,992,000.00 |
| Mint Focused Growth | 127,200.00 | ₹119.00 | ₹15,136,800.00 |
| Craft Emerging Market | 98,400.00 | ₹119.00 | ₹11,709,600.00 |
Shubhshree Biofuels Energy IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Shubhshree Biofuels Energy IPO, based in Jaipur, operates in the Recycling sector with a focus on Supplies biomass fuels, including biomass pellets and briquettes. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Shubhshree Biofuels Energy IPO size is ₹ 16.56 Cr. Crores with fresh issue size of Rs 16.56 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Shubhshree Biofuels Energy IPO is expected to be 12th September 2024, after the finalization of basis of allotment. Investors can check Shubhshree Biofuels Energy IPO allotment status on the registrars website, Bigshare Services Private Limited. Shubhshree Biofuels Energy IPO refund dates are 13th September 2024.
Shubhshree Biofuels Energy IPO is expected to be listed on 16th September 2024.
The upper price band for the Shubhshree Biofuels Energy IPO is set at ₹ 119.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Shubhshree Biofuels Energy IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Shubhshree Biofuels Energy IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 11th September 2024. After submission, funds are blocked until the basis of allotment of Shubhshree Biofuels Energy IPO is finalised.
The merchant banker for Shubhshree Biofuels Energy IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Shubhshree Biofuels Energy IPO RHP for further details.
The registrar for Shubhshree Biofuels Energy IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Shubhshree Biofuels Energy IPO through their official website or helpline.
Shubhshree Biofuels Energy IPO was subscribed 132.89 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 16.56 Cr.
Avg IPO Size (Sector Based)
:
₹ 25.28 Cr.
Sector: Recycling
SME IPO so far:
3
Merchant Banker:
Hem Securities
SME IPO by BRLM so far:
47
City:
Jaipur
SME IPO so far:
31
Revenue (annualised):
₹ 0.95 cr.
PE
Ratio:
18.92x
Average Sector PE Ratio: 20.06x
Shubhshree Biofuels Energy IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Shubhshree Biofuels Energy Financial Review Page
Merchant Banker(s) of Shubhshree Biofuels Energy IPO: Hem Securities Limited
Shubhshree Biofuels Energy IPO subscription was 132.89 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Shubhshree Biofuels Energy IPO listed at a listing price of 189.00 against the offer price of 119.00.
The current market price of Shubhshree Biofuels Energy is 310.00.
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