Shubhshree Biofuels IPO Continuing with Strong 10.95x Subscription on Day 2Shubhshree Biofuels IPO Continuing with Strong 10.95x Subscription on Day 2

Shubhshree Biofuels Energy Limited IPO  garnered impressive demand on Day 2, with the issue being subscribed 10.95 times. This high level of interest reflects strong investor confidence and optimism about the company’s future prospects in the growing biofuels sector.

Shubhshree Biofuels Energy Limited IPO Subscription Status

Shubhshree Biofuels Energy Limited IPO attracted significant attention on its first day, being subscribed 2.47 times. This robust level of interest underscores a strong market appetite for the company’s shares amid a thriving steel industry environment.

How to check Shubhshree Biofuels IPO Subscription Status?

Steps to check Shubhshree Biofuels Energy Limited IPO subscription status on NSE

Following are the steps to check it through the NSE website

• Visit NSE‘s official website.
• Navigate to the ‘Market Data’ tab.
• Choose ‘IPO’.
• Select the ‘Shubhshree Biofuels Limited IPO’ to check its subscription status.
• Opt for either NSE Bid details or Consolidated Bid details.
• Explore the total number of bids received from various investors. 

Shubhshree Biofuels Energy Limited IPO Allotment Status

The allotment date for the Shubhshree Biofuels Energy Limited IPO is set for September 12, with shares priced from ₹113 to ₹119 per share and a face value of ₹10. The offering consists of lots of 1200 shares, with bids accepted for these lots or their multiples.

Shubhshree Biofuels Energy Limited IPO Listing Date 

Shubhshree Biofuels Energy Limited IPO is expected to be listed on the NSE SME on September 16, 2024.