Shubhshree Biofuels Energy Limited IPO
The Company specializes in supplying biomass fuels, including biomass pellets and briquettes, which serve as alternative energy sources to traditional fossil fuels like coal, firewood, and lignite. These biomass fuels are primarily used in commercial and industrial heating, cooking, industrial burning, and electricity generation. Specifically, briquettes are used for industrial applications such as running boilers, while pellets are more commonly used as cooking fuel and for other commercial purposes.
Their customer base spans various industries, including recycling, textile processing, pharmaceuticals, and metal production. The biomass pellets and briquettes they produce are made from recycled green waste, resulting in lower greenhouse gas emissions. Key raw materials include agricultural waste, sawdust, and farm waste, sourced directly from farmers or through dealers.
Initially incorporated in 2013, their company focused on manufacturing and supplying building materials like fly ash bricks. In December 2021, they shifted their focus to the biomass fuel business, recognizing the market potential and environmental benefits. To support this transition, they established a manufacturing facility in Tonk, Rajasthan, in October 2023, equipped with three briquetting and pelleting machines, with a combined capacity of 132 tonnes per day.
Biomass fuels are a renewable energy source that reduces emissions, efficiently utilizes waste materials, and offers a sustainable alternative to traditional fossil fuels. Their company is committed to leveraging these advantages to address energy and environmental challenges while continuing to expand their market presence.
Objects of the Shubhshree Biofuels Energy Limited IPO:
Shubhshree Biofuels Energy Limited IPO Details:
Open Date: | Sep 09 2024 |
Close Date: | Sep 11 2024 |
Total Shares: | 1,392,000 |
Face Value: | ₹ 10 Per Equity Share |
Issue Size: | 16.56 Cr. |
Lot Size: | 1200 Shares |
Issue Price: | ₹ 113 - 119 Per Equity Share |
Listing At: | NSE Emerge |
Listing Date: | Sep 16 2024 |
Promoters And Management:
Financials of Shubhshree Biofuels Energy Limited IPO:
Particulars ( In Lakhs ) |
2022 |
2023 |
2024 |
Revenue from Operations | 792 | 5,862 | 9,415 |
Other Income | 0.01 | 110 | 74 |
Total Revenue | 792 | 5,971 | 9,488 |
Cost of Material Consumed | 0 | 0 | 225 |
Purchase of Stock in trade | 669 | 4,812 | 7,481 |
Changes in inventories | 5 | 0 | -62 |
Employees Benefit Expenses | 11 | 46 | 47 |
Other Expenses | 73 | 777 | 1,300 |
EBITDA | 34 | 336 | 497 |
OPM (%) | 4.32% | 5.63% | 5.24% |
Depreciation & Amortisation | 2 | 7 | 13 |
EBIT | 32 | 329 | 484 |
Finance Cost | 0.01 | 5 | 22 |
PBT | 32 | 324 | 462 |
Tax | 4 | 82 | 132 |
PAT | 27 | 242 | 330 |
NPM (%) | 3.47% | 4.06% | 3.48% |
No.of Shares | 52.42 | 52.42 | 52.42 |
EPS | 0.52 | 4.62 | 6.29 |
Comparison With Peers:
Recommendation on Shubhshree Biofuels Energy Limited IPO:
Lead Manager of Shubhshree Biofuels Energy Limited IPO:
Registrar of Shubhshree Biofuels Energy Limited IPO:
Company Address:
Discussion on Shubhshree Biofuels Energy Limited IPO:
Leave a Reply
You must be logged in to post a comment.