Listed Price₹189.00
Listing Gain+58.82%
Price Band₹113 - ₹119
Lot Size1,200 shares
Min Bid₹1,42,800
Subscription128.65x
Listed Market Snapshot
₹189.00Listed price from market data
+58.82%listing gain
Issue Amount
₹16.56 Cr
Listed Price
₹189.00
Current Price
₹326
Registrar
Bigshare Services Private Limited
Timeline•Bookbuilding IPO
Open09 Sep 2024
Close11 Sep 2024
Allotment12 Sep 2024
Listing16 Sep 2024
Quota Reservation Portions
RetailPortion: 4,63,200 shares
33.28%Nii (hni)Portion: 1,99,200 shares
14.31%AnchorPortion: 3,93,600 shares
28.28%QIBPortion: 2,64,000 shares
18.97%Market MakerPortion: 72,000 shares
5.16%Minimum Application Bracket Matrix
Retail1 lots / 1,200 shares
₹1,42,800HNI2 lots / 2,400 shares
₹2,85,600About the Company
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.
Company Promoters
Anurag AgarwalAstha AgarwalSagar AgrawalUpasna Srivastava Dattani
Lead Managers
Registrar
Bigshare Services Private Limited