Initial public offer of upto 13,92,000 equity shares of face value of
Rs. 10/- each (the "Equity Shares") of Shubhshree Biofuels Energy Limited ("The Company" or "The Issuer" or "SBEL")) at an issue price of Rs. 119 per equity share for cash, aggregating up to Rs. 16.56 crores ("Public Issue") out of which 72,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 119 per equity share for cash, aggregating Rs. 0.86 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 13,20,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 119 per equity share for cash, aggregating upto
Rs. 15.70 crores is here in after referred to as the "Net Issue". The public issue and net issue will constitute 26.55% and 25.18 % respectively of the post-issue paid-up equity share capital of the company.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
09-Sep-2024
11-Sep-2024
₹ 119.00
₹ 0.00
Minimum Application for shares in Nos : 1200.0
Further Multiples of : 1200.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
14.72
Hem Securities Ltd
Project Financed through Current Offer
16.56
Post Issue Equity Share Capital
5.24
Issue Price
₹119.00
Projects
Funding capital expenditure towards installation of additional plant and machinery