Shubhshree Biofuels Energy Limited IPO

Shubhshree Biofuels Energy Limited, established in 2013, supplies biomass fuels like pellets and briquettes to industries in recycled materials, textiles, pharmaceuticals, and metals. The company operates three briquetting and pelleting machines with a combined capacity of 132 tonnes per day. Between October 2023 and February 2024, it produced 12,090 tonnes of biomass fuels, with 23.8% of total sales volume being manufactured goods.

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Serving mainly northern Indian states such as Haryana, Uttar Pradesh, Rajasthan, and the NCR region, the company employed 26 people as of March 30, 2024. Read more

How do I apply for the Shubhshree Biofuels IPO?

You can apply for the Shubhshree Biofuels IPO using any supported UPI app by following two steps:

• Enter your bid on rocket
• Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account.