Shubhshree Biofuels IPO Allotment Status Online 2024

Last Updated: September 12, 2024

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Shubhshree Biofuels IPO Allotment Status Online: Shubhshree Biofuels IPO is Open on 9 September 2024 and Close on 11 September 2024. Shubhshree Biofuels IPO to Raise 13,92,000 shares (Approx ₹16.56 Cr) via IPO. The Fresh Issue is 13,92,000 shares (Approx ₹16.56 Cr).

The Retail Quota is 35%
QIB is 50%
NII is 15%

Shubhshree Biofuels IPO Basis of Allotment Status on 12 September 2024. Shubhshree Biofuels IPO Refund Date is 13 September 2024 and Shubhshree Biofuels IPO Credit to Demat on 13 September 2024.

Also Read: Shubhshree Biofuels IPO GMP, Review, Price, Date & IPO Details

Table of Contents

Shubhshree Biofuels Allotment Link Online

Bigshare	Bigshare Allotment Link
Moneymintidea	IPO Allotment Status Link

About –Shubhshree Biofuels is engaged in the business of supplying of biomass fuels, which includes biomass pellets and briquettes. These biomass fuels are an alternative source of energy which are basically used in commercial and industrial heating, cooking fuel, industrial burning and electricity generation, as an alternative to fossil fuels like coal, firewood, lignite, Agri-waste etc.The briquettes are majorly used for industrial purposes like running boilers etc. and the pellets are majorly used as cooking fuel or commercial purposes. We are currently selling these pellets and briquettes to customers who are engaged in the business of recycling material, textile processing, pharmaceutical, metal etc.These Biomass pellets and briquettes are built from recycled green waste, producing less greenhouse gas emission. The main raw material used in the manufacturing of biomass fuels include Agri-waste, saw dust, farm waste etc. These raw materials are procured from the farmers and nearby sources either directly or through dealers and brokers.Apart, from the biomass manufactured by our company, we are also involved in the supplying of the biomass pellets and briquettes, which are procured from different vendors who are engaged in the manufacturing of these biomass fuels.

Our Products –

Biomass Pellets
Biomass fuel Briquettes

Subhash Yadav

Stock Market and Mutual Fund SIP Expert with 4+ Years of Experience. He is the Founder of Money Mint idea and Shares insights on Stock Market Trends, Mutual Funds, IPOs, and NFOs.Credentials: F&O Trading Strategies (NSE Academy, 2023) Certified Life Insurance Agent (IC38, 2024) Wikipedia Editor Username: Subhashyadav120)

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