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Shubhshree Biofuels Energy Limited IPO Allotment Status, Subscription, and IPO Details

Shubhshree Biofuels Energy Limited IPO allotment is set for September 12, 2024, with shares priced at ₹113 - ₹119 per share. The offering allows bidding for lots of 1200 shares or multiples thereof.
Shubhshree Biofuels Energy Limited IPO Allotment Status, Subscription, and IPO Details

Shubhshree Biofuels Energy Limited IPO Allotment Status 

The allotment date for the Shubhshree Biofuels Energy Limited IPO is set for September 12, 2024, with shares priced at a range 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.

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Shubhshree Biofuels Energy Limited IPO Allotment Status Check 

To ascertain their allocation status for the Shubhshree Biofuels Energy Limited IPO, investors can easily navigate through steps provided on either the BSE platform or the IPO registrar Bigshare Services Pvt Ltd.

IPO Allotment Status BSE 

Here are steps to check Shubhshree Biofuels Energy Limited IPO allotment status on BSE website

Step 1: Visit BSE website 

Step 2: Select ‘Equity’ under the Issue Type

Step 3: Choose Shubhshree Biofuels Energy Ltd from the drop-down menu

Step 4: Enter Application No or PAN

Step 5: Click on ‘I am not a Robot’ and then hit on ‘Submit”

Step 1: Visit IPO registrar website – Bigshare Services Pvt Ltd

Step 2: Select ‘Shubhshree Biofuels Energy Limited’ from the Select Company dropdown menu

Step 3: Choose from PAN, Application No, DP/Client ID, or Account No/IFSC

Step 4: Enter the details as per the option selected

Step 5: Hit the Submit button

Your Shubhshree Biofuels Energy Limited IPO allotment status will be reflected on the screen.

Shubhshree Biofuels Energy Limited IPO GMP Today

Shubhshree Biofuels Energy Limited IPO GMP (Grey Market Premium) is ₹0 as of September 11, 2024.

Shubhshree Biofuels Energy Limited IPO Subscription Status 

Shubhshree Biofuels Energy Limited IPO experienced good demand on Day 2, with a 12.31 times subscription. This indicates significant investor interest and confidence in the company’s future and positive market sentiment.

Shubhshree Biofuels Energy Limited IPO Details

Shubhshree Biofuels Energy Limited IPO is a book-built issue of Rs 16.56 crores with a fresh issue of 13.92 lakh shares. Open from Sept 9 to 11, 2024, the allotment is on Sept 12, with a NSE SME listing scheduled for Sept 16. 

Hem Securities Limited is the lead book-running manager for the Shubhshree Biofuels Energy IPO, with Bigshare Services Pvt Ltd serving as the registrar. Hem Finlease acts as the market maker for the IPO.

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