Shubhshree Biofuels Energy IPO

Shubhshree Biofuels Energy Ltd’s IPO offers 13,92,000 shares worth INR 16.56 crores. Funds will support capital expenditure, working capital, and general corporate needs.

Important Details

Open Date : September 9, 2024 Close Date : September 11, 2024 Allotment Date: September 12, 2024 Listing Date: September 16, 2024

Important Details

IPO Price: INR 113-119 per share Lot Size: 1200 Shares Total Issue Size: INR 16.56 crores

Fundamental Analysis

Shubhshree Biofuels Energy IPO shows mixed performance: 1. Strong revenue growth. 2. Improved profitability & EPS. 3. Increased equity, reduced debt reliance. 4. Declining RoNW, Efficient inventory turnover ratio.

Peer Comparison

1. No similar listed companies in India. 2. No industry comparison available for Shubhshree Biofuels Energy Ltd.

Objective

Shubhshree Biofuels Energy IPO Objective: 1. Fund capital expenditure. 2. Meet working capital needs.

Risks And Challenges

Shubhshree Biofuels Energy IPO Risks: 1. Uncertain profitability. 2. Local competition. 3. Northern India concentration, Fossil fuel price fluctuations.