Shubhshree Biofuels Energy Limited was established in 2013. The company specialises in supplying biomass fuels such as briquettes and biomass pellets to customers who operate in the sector of recycled materials, pharmaceuticals, etc. Shubhshree Biofuels Energy IPO was opened for subscription between 9th to 11th September 2024. A lot of investors applied for the IPO intending to get a suitable profit.
Now, the investors who have applied for the shares will be able to check the www.shubhshreebiofuels.co.in IPO Allotment Result on 12th September 2024. The allotment result will let people know whether they have got the shares or not. In the meantime, read information regarding the GMP, expected listing prices and more in the following article.
Shubhshree Biofuels Energy IPO Allotment Result
By opening the IPO, the company wants to get funds for installing an additional plant and machinery, fulfill the requirements of working capital and complete general corporate purpose. For the fiscal year of 31st March 2023 to 31st March 2024, the revenue of Shubhshree Biofuels Energy Limited increased by 59% and the PAT increased by 36%.
As of 11th September 2024, the last GMP of the Shubhshree Biofuels Energy IPO is Rs. 0. Considering this price, the estimated listing price is Rs. 119/. So, the expected gain or loss would be 0%.
www.shubhshreebiofuels.co.in IPO Allotment Result: Highlights
| Name of the IPO Company | Shubhshree Biofuels Energy Limited |
| Name of the Registrar | Bigshare Services Pvt Ltd |
| IPO Price Band | Rs. 113 to 119 per share |
| Type of the Issue | Book Built Issue IPO |
| Price Listing At | NSE SME |
| Allotment Result Availability Status | To be issued |
| Allotment Result Availability Mode | Online Mode |
| Official Website | http://www.shubhshreebiofuels.co.in/ |
Also Check – Bajaj Housing Finance IPO Allotment Status 2024
Shubhshree Biofuels Energy IPO Allotment Subscription
The investors have subscribed to the Shubhshree Biofuels Energy IPO 17.13 times till now. Check Out the detailed information below:
| Investor Category | Offered Shares | Shares bid for | Subscription (Times) | Total Amount (Rs Cr.) |
| Anchor Investors | 3,93,600 | 3,93,600 | 1 | 4.68 |
| Market Maker | 72,000 | 72,000 | 1 | 0.86 |
| Qualified Institutions | 2,33,900 | 10,46,400 | 4.47 | 12.45 |
| Non-Institutional Buyers | 1,99,200 | 18,50,400 | 9.29 | 22.02 |
| Retail Investors | 4,63,200 | 1,24,58,400 | 26.9 | 148.25 |
| Total | 8,96,300 | 1,53,55,200 | 17.13 | 182.73 |
Shubhshree Biofuels Energy Initial Public Offering Schedule
| Events | Dates |
| Commencing Date of the Shubhshree Biofuels Energy IPO | 9th September 2024 |
| Deadline for the Shubhshree Biofuels Energy IPO | 11th September 2024 |
| Basis of the Allotment | 12th September 2024 |
| Commencement of the Refund Process | 13th September 2024 |
| Shares Credit to the Demat Account | 13th September 2024 |
| Date of the Price Listing | 16th September 2024 |
How to check the Shubhshree Biofuels Energy IPO Allotment Result?
After going through all the essential information mentioned above in the article, it is time to understand the process of checking the IPO Allotment Result. Follow the steps mentioned below and the Shubhshree Biofuels Energy IPO Allotment Result will easily open on the screen:
- Search the official website of the Bigshare Services Pvt Ltd using this link address: https://www.bigshareonline.com/
- After searching the link, the home page of the website will open on the screen.
- After that, various options will be attached at the top of the screen. Locate and tap the IPO Allotment Status option.
- A new page will open on the screen where you will see three servers. Click on any one of them to move to process further.
- Afterwards, a new page will open where you will have to select the name of the IPO company.
- Then, select the selection type i.e., Application Number/ CAF Number. Beneficiary ID or PAN Number.
- After that, provide the details according to the selection made in the previous stage.
- Enter the captcha code and submit the details.
- After a few seconds, the Shubhshree Biofuels Energy Initial Public Offering Allotment Status will open on the respective device.
Shubhshree Biofuels Energy IPO Allotment Result: Important Links
| Visit the Official Websites | Shubhshree Biofuels Energy Limited Website Link Bigshare Services Pvt Ltd Website Link |
| Check Out the IPO Allotment Status | To be issued |
| Check Out the DRHP | Shubhshree Biofuels Energy IPO DRHP Link |
| Follow for more IPO Details | SVU News, Home Page |
Frequently Asked Questions
When will the officials release the Shubhshree Biofuels Energy IPO Allotment Result?
According to the official schedule, the officials have decided to release the IPO Allotment Result on 12th September 2024. Keep the essential details handy to open the allotment result easily on the screen.
What after the finalization of the www.shubhshreebiofuels.co.in IPO Allotment?
After the finalization of the IPO Allotment, the officials will transfer the shares to the Demat account and the rest of the people will start getting refunds. After that, the price listing will take place on 16th September 2024.
