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Shubhshree Biofuels Energy Limited IPO GMP Today, Price Range and Company Details

Shubhshree Biofuels Energy Limited IPO offers shares at ₹113 to ₹119, with a ₹0 Grey Market Premium. Available in 1200 share lots, the subscription runs from September 9 to September 11, 2024.
Shubhshree Biofuels Energy Limited IPO GMP Today, Price Range and Company Details

Shubhshree Biofuels Energy Limited IPO has a ₹0 Grey Market Premium as of September 6, 2024, with a price range from ₹113 to ₹119 per share. Offering lots of 1200 shares, the subscription window is open from September 9 to September 11, 2024.

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Shubhshree Biofuels Energy Limited IPO GMP Today

The Grey Market Premium (GMP) for Shubhshree Biofuels Energy Limited is ₹0 as of September 6, 2024. This assessment coincides with a price of ₹113 to ₹119 per share for the IPO.

Shubhshree Biofuels Energy Limited IPO Review

Shubhshree Biofuels Energy Limited’s financial overview shows rising revenue, from ₹5,971.24 lakhs in March 2023 to ₹9,488.32 lakhs by March 2024. This growth is supported by substantial increases in profitability and EPS, showcasing strong investor confidence.

The company’s financial health is robust, as evidenced by growing assets and a reduced debt-equity ratio. Equity and liabilities have consistently increased, reflecting expansion potential, while an improvement in RoNW to 46.36% highlights enhanced shareholder value generation.

To get a full IPO review, click here Shubhshree Biofuels Energy Limited IPO

Shubhshree Biofuels Energy Limited IPO Date

Shubhshree Biofuels Energy Limited will start accepting subscriptions from September 9, 2024, to September 11, 2024.

Shubhshree Biofuels Energy Limited IPO Price

Shubhshree Biofuels Energy Limited’s price range is from ₹113 to ₹119 per share with a face value of ₹10 each.

Shubhshree Biofuels Energy Limited

Shubhshree Biofuels Energy Limited, established in 2013, transitioned to biomass fuel production in 2021, offering eco-friendly alternatives like pellets and briquettes for industrial heating, cooking, and electricity generation. Serving sectors like textiles, pharmaceuticals, and metals, the company saw biomass sales rise from 9,700 tonnes in 2022 to 121,800 tonnes in 2024, with significant revenue from Northern India.

How To Apply For Shubhshree Biofuels Energy Limited IPO?

To apply for the Shubhshree Biofuels Energy Limited IPO through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for Shubhshree Biofuels Energy Limited on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the Shubhshree Biofuels Energy Limited IPO at Alice Blue in just a few clicks!

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