Stay updated with the latest Shubhshree Biofuels Energy IPO GMP, Kostak rates, and Subject to Sauda rates. The GMP for Shubhshree Biofuels Energy IPO has started strong and is showing positive momentum.
As of September 13th, the GMP reached a high of ₹75, up from a low of ₹60 recorded on September 12th. Keep checking for daily updates on the GMP and other key numbers related to the Shubhshree Biofuels Energy IPO.
The Shubhshree Biofuels Energy IPO is set to open on September 9, aiming to raise ₹16.56 crores through its SME offering. The price band for the IPO is fixed between ₹113 to ₹119 per share, with a minimum market lot of 1,200 shares.
Founded in 2013, Shubhshree Biofuels Energy Ltd has become a leading player in Biomass Supply Chain Management in India. Initially focused on manufacturing and supplying construction materials like fly ash bricks, the company has since shifted its focus to supplying biomass fuels such as pellets and briquettes.
As of September 15, 2024, the latest Grey Market Premium (GMP) for the Shubhshree Biofuels Energy SME IPO is ₹75. With a price band of ₹119, the estimated listing price is ₹194, reflecting an expected gain of 63.03% per share. Additionally, the retail “Subject to Sauda” stands at ₹68,400.
We update GMP daily, and based on the last 13 sessions of grey market activity, today’s GMP trends upward, indicating a potentially strong listing. The GMP has ranged from a low of ₹0 to a high of ₹75. Stay tuned for the latest updates on Shubhshree Biofuels Energy SME IPO GMP and its projected listing price.
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
Shubhshree Biofuels Energy IPO GMP Day-wise Trend
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Estimated Listing Price |
| 15-09-2024 | 119 | ₹75 | 68400 | ₹194 (63.03%) |
| 14-09-2024 | 119 | ₹75 | 68400 | ₹194 (63.03%) |
| 13-09-2024 | 119 | ₹75 | 68400 | ₹194 (63.03%) |
| 12-09-2024 | 119 | ₹75 | 68400 | ₹194 (63.03%) |
| 11-09-2024 | 119 | ₹45 | 41000 | ₹164 (37.82%) |
| 10-09-2024 | 119 | ₹0 | — | ₹119 (0%) |
| 09-09-2024 | 119 | ₹0 | — | ₹119 (0%) |
| 08-09-2024 | 119 | ₹0 | — | ₹119 (0%) |
| 07-09-2024 | 119 | ₹0 | — | ₹119 (0%) |
| 06-09-2024 | 119 | ₹0 | — | ₹119 (0%) |
| 05-09-2024 | 119 | ₹0 | — | ₹119 (0%) |
| 04-09-2024 | 119 | ₹0 | — | ₹119 (0%) |
| 03-09-2024 | 119 | ₹0 | — | ₹119 (0%) |
IPO Grey Market Premium (GMP)
The IPO grey market premium (GMP) is the unofficial trading price of an IPO before its official listing. GMP gives an indication of how the IPO might perform on its listing day. A positive GMP suggests that the IPO could be profitable, while a negative GMP indicates the possibility of a discount.
It’s important to note that GMP can be highly volatile. Therefore, making investment decisions based solely on GMP carries risks. Consider all factors and conduct thorough research before deciding whether to invest in the Shubhshree Biofuels Energy SME IPO.
Shubhshree Biofuels Energy SME IPO Dates
Stay updated with the latest information on the Shubhshree Biofuels Energy SME IPO. Dates and details will be provided as they become available.
| SME IPO Activity | Date |
| SME IPO Open Date | 09-09-2024 |
| SME IPO Close Date | 11-09-2024 |
| Basis of Allotment | 12-09-2024 |
| Finalisation Date* | |
| Refunds Initiation* | 13-09-2024 |
| Credit of Shares | 13-09-2024 |
| to Demat Account* | |
| SME IPO Listing Date* | 16-09-2024 |
Shubhshree Biofuels Energy IPO GMP (Grey Market Premium) FAQs:
What is Shubhshree Biofuels Energy IPO GMP Today?
The GMP for Shubhshree Biofuels Energy IPO is ₹75 as of today.
What is Shubhshree Biofuels Energy IPO Kostak Rate Today?
The Kostak Rate for Shubhshree Biofuels Energy IPO is ₹- as of today.
What is Shubhshree Biofuels Energy IPO Subject to Sauda Today?
The Subject to Sauda rate for Shubhshree Biofuels Energy IPO is ₹60,000 as of today.
What are the Expected Returns for Shubhshree Biofuels Energy IPO?
The expected returns for Shubhshree Biofuels Energy IPO are 63%.
DISCLAIMER: The financial information provided here is for educational and informational purposes only and should not be interpreted as an offer to buy or sell securities or as investment advice. It is not intended to be used as the basis for any investment decision. Readers are advised to consult a qualified financial advisor before making any investment decisions. Any actions taken based on the information provided here are solely at the reader’s own risk. Please note that investing in equity markets carries inherent risks due to market volatility. The author has no intention of investing in this offering.
