Shubhshree Biofuels Energy IPO Allotment Status

Summary

Shubhshree Biofuels Energy IPO has garnered an exceptional response from investors, closing with a remarkable subscription of 132.89 times by 11th September 2024 at 5:36:00 PM (Day 3). The public issue witnessed substantial demand across various investor categories, with the Non-Institutional Investors (NII) category leading the charge. The NII segment was subscribed 245.74 times, reflecting significant interest from wealthy individual investors and smaller institutions.

The Retail Investors category also demonstrated strong engagement, subscribing 135.65 times, indicating robust interest from individual investors. The Qualified Institutional Buyers (QIB) category showed solid confidence, subscribing 31.32 times. This extraordinary response across all categories underscores the strong market enthusiasm for Shubhshree Biofuels Energy's offering and suggests highly positive investor expectations for the company's future performance.

How to Check Shubhshree Biofuels Energy IPO Allotment Status:

How do you Check Shubhshree Biofuels Energy IPO Allotment Status on the Registrar's Site?

Step 1: Visit the web gateway of Bigshare Services Pvt Ltd.  (https://www.bigshareonline.com/ipo_Allotment.html)

Step 2: From the selection menu, choose Shubhshree Biofuels Energy IPO.

Step 3: Pick a mode from the following three: PAN ID, Demat Account number, or Application number

Step 4: Choose "Application Type," then "ASBA" or "non-ASBA."

Step 5: Enter the information relevant to the mode you have chosen.

Step 6: For security reasons, please fill out the captcha accurately.

Step 7: Click "Submit."

How to Check Shubhshree Biofuels Energy IPO Allotment Status on BSE?

On the website of the Bombay Stock Exchange (BSE), investors who placed a bid for the Shubhshree Biofuels Energy IPO can monitor the allotment status:

Step 1: Click on this link: https://www.bseindia.com/investors/appli_check.aspx

Step 2: Click on "Issue Type" and choose "Equity."

Step 3: Choose "Shubhshree Biofuels Energy Limited" from the dropdown menu under "Issue Name."

Step 4: Enter your application number.

Step 5: Give the PAN ID.

Step 6: Select 'I am not a robot' and press the search button.

How to Check IPO Allotment Status in a Bank Account?

Log into your Internet Banking: Go to your bank's website or mobile app and log in.

Explore IPO Section: Locate the "IPO Services" or "Application Status" sections by going to the IPO Section. You can find this under the investing or services tab.

Offer Required Information: You might be asked to provide information like your PAN, application number, or other identifiers.

Verify Allotment Status: Once you submit your information, an IPO allotment status indicating the available allocation shares should appear.

Verify Status: To ensure accuracy, you can verify the status with the IPO Registrar or use other resources.

How to Check IPO Allotment Status in a Demat Account? 

Open Your Demat Account and Log in: To access your Demat account, use the mobile app or website of your Depository Participant (DP).

Find IPO Section: Look for the section titled "IPO" or "Portfolio." Search for any services or entries connected to the IPO.

Verify IPO Allotment Status: Look through the IPO section to see if the shares you were given are visible in your Demat account. This section often displays the status of your IPO application.

Verify with Registrar: If the IPO shares are inaccessible, visit the Registrar's website and enter your application data to verify allocation.

Contact DP service if Needed: If there are any discrepancies or problems, contact your DP's customer service.

Shubhshree Biofuels Energy IPO Timeline:

Shubhshree Biofuels Energy IPO Subscription Status

The Shubhshree Biofuels Energy IPO received 132.89 subscriptions. By 11th September 2024 at 5:36:00 PM (Day 3), the public issue had been subscribed 135.65 times in the retail category, 31.32 times in the QIB category, and 245.74 times in the NII category.

Subscription Day 3 (as of 5:36:00 PM)
Total Subscription: 132.89 times.
QIBs: 31.32 times.
Non-institutional investors: 245.74 times.
Retail investors: 135.65 times.

Subscription Day 2
Total Subscription: 12.47 times.
QIBs: 4.47 times.
Non-institutional investors: 6.36 times.
Retail investors: 19.14 times.

Subscription Day 1
Total Subscription: 2.99 times.
QIBs: 0.00 times.
Non-institutional investors: 1.39 times.
Retail investors: 5.19 times.
 

Shubhshree Biofuels Energy IPO Details 

Shubhshree Biofuels Energy's initial public offering (IPO) is a book-built issue amounting to ₹16.56 crores. This offering consists entirely of a fresh issue of 13.92 lakh shares.

The bidding process for the Shubhshree Biofuels Energy IPO commenced on 9th September 2024 and concluded on 11th September 2024. The allotment results for this IPO are anticipated to be finalised on 12th September 2024. Furthermore, the shares of Shubhshree Biofuels Energy are set to be listed on the NSE SME, with a provisional listing date scheduled for 16th September 2024.

The price range for the Shubhshree Biofuels Energy IPO has been established between ₹113 and ₹119 per share. Investors must apply for a minimum lot size of 1200 shares, which requires a minimum investment of ₹142,800 for retail investors. For non-institutional investors (NII), the minimum investment consists of 2 lots (2,400 shares), totalling ₹285,600.

Hem Securities Limited is the book-running lead manager for the Shubhshree Biofuels Energy IPO, and Bigshare Services Pvt Ltd is designated as the registrar.

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