Shubhshree Biofuels Energy SME IPO Details, Financials, Valuation & Peers
Get everything you need to know about the Shubhshree Biofuels Energy IPO. Explore Shubhshree Biofuels Energy IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
Shubhshree Biofuels Energy Limited is engaged in the manufacturing and supply of biomass fuels, including biomass pellets and briquettes, which serve as eco-friendly alternatives to fossil fuels. These biomass products are widely used in industries for heating, cooking, electricity generation and running boilers, contributing to reduced greenhouse gas emissions. The company sources its raw materials, such as agri-waste and sawdust, from local farmers and vendors. Established in 2013, Shubhshree Biofuels initially focused on building materials but pivoted to biomass fuel production in 2021. With a state-of-the-art manufacturing facility in Rajasthan, the company has rapidly expanded its operations and customer base across Northern India.
Key Points:
- Core Business: Manufacturing and supplying biomass pellets and briquettes as sustainable alternatives to fossil fuels.
- Products: Biomass pellets for cooking and commercial use; briquettes primarily for industrial heating and boiler operations.
- Raw Materials: Sourced from agri-waste, sawdust, and farm waste, procured directly from farmers or through brokers.
- Manufacturing Facility: Located in Rajasthan with a production capacity of 132 tonnes per day, operational since October 2023.
- Market Presence: Primarily serving Northern India, including Haryana, Uttar Pradesh, Rajasthan, and the NCR region.
- Government Regulation: Supported by the Ministry of Power’s mandate for coal-based thermal power plants to blend biomass pellets with coal, starting from FY 2024-25.
Objects of the Issue
- Funding Capital Expenditure towards installation of additional plant and machinery
- To meet working capital requirements
- General Corporate Purpose.
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 09 Sep - 11 Sep 2024 |
| IPO Price Band | ₹113 - ₹119 per share |
| Fresh Issue | 13,92,000 shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹16.56 crore |
| Face Value | ₹10 |
| Listing On | NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 09 Sep 2024 |
| IPO Closing Date | 11 Sep 2024 |
| Basis Of Allotment | 12 Sep 2024 |
| Refunds | 13 Sep 2024 |
| Demat Transfer | 13 Sep 2024 |
| IPO Listing Date | 16 Sep 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|---|
| Total Income | 0.19 | 7.92 | 59.71 | 94.88 |
| Total Expenses | 0.20 | 7.60 | 56.47 | 90.27 |
| Net Profit/Loss | -0.02 | 0.27 | 2.42 | 3.30 |
| NPM (*) | -10.63 | 3.47 | 4.14 | 3.50 |
| Total Assets | 0.48 | 1.86 | 5.93 | 13.97 |
| Total Liabilities | 0.61 | 1.71 | 3.37 | 6.86 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|---|
| EPS | -0.05 | 0.72 | 6.34 | 8.60 |
| ROE (%) | 12.77 | 7,125.22 | 179.13 | 68.15 |
| ROCE (%) | -4.57 | 50.71 | 94.32 | 61.67 |
| D/E Ratio | -3.73 | 3.46 | 0.36 | 0.09 |
| Current Ratio | 2.99 | 1.38 | 2.15 | 2.01 |
| EBITDA MARGIN (%) | 5.83 | 4.32 | 3.85 | 4.42 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
No listed peers available for comparison.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 31.32 |
| Non-Institutional Investor (NII/HNI) | 245.74 |
| Retail Individual Investor (RII) | 135.65 |
| Total | 132.89 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Bigshare Services Private Limited
Phone: +91 22-62638200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Company Promoters
- ANURAG AGARWAL
- AASTHA AGARWAL
- SAGAR AGRAWAL
- UPASANA SRIVASTAVA DATTANI.
Lead Managers
- HEM SECURITIES LIMITED
Company Address
Shubhshree Biofuels Energy Limited
Plot No. 8 Ganesh Vihar B, Pandit T.N Mishra Marg, Nirman Nagar, Shyam Nagar (Jaipur), Jaipur, Rajasthan, India, 302019.
Phone: +91 9799998880
Email: shubhshree@biomassfuel.co.in
Website: www.shubhshreebiofuels.co.in
FAQs
- What is the issue size of the Shubhshree Biofuels Energy SME IPO?The Shubhshree Biofuels Energy SME IPO has an issue size of ₹16.56 crore. This includes a fresh issue of 13,92,000 shares and an offer for sale (OFS) of NIL.
- What is the price band of the Shubhshree Biofuels Energy IPO?The price band for the Shubhshree Biofuels Energy IPO is ₹113 - ₹119 per share.
- What are the bidding dates for the Shubhshree Biofuels Energy IPO?The Shubhshree Biofuels Energy IPO will open for bidding on 09 Sep 2024 and close on 11 Sep 2024.
- What is the allotment date for the Shubhshree Biofuels Energy IPO?The allotment date for the Shubhshree Biofuels Energy IPO is 12 Sep 2024.
- What is the listing date for the Shubhshree Biofuels Energy IPO?The listing date for the Shubhshree Biofuels Energy IPO is 16 Sep 2024.
- What is the Shubhshree Biofuels Energy IPO grey market premium?The grey market premium (GMP) for the Shubhshree Biofuels Energy IPO is currently at ₹75, with an expected listing gain of approximately 63.03%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.