September 9, 2024 - September 11, 2024

Shubhshree Biofuels Energy IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Shubhshree Biofuels Energy IPO.

Shubhshree Biofuels Energy IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	0	1	0	0	0
%	0.00	100.00	0.00	0.00	0.00

Shubhshree Biofuels Energy IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

Shubhshree Biofuels Energy IPO Review by Dilip Davda (May apply)

[Dilip Davda] The company is engaged in the business of manufacturing & supplying of biomass fuels primarily in the northern region. It posted spectacular growth in its top and bottom lines for the reported periods. Based on FY24 earnings, the issue relatively appears fully priced. Post-IPO small equity base indicates longer gestation for migration to mainboard. Well-informed investors may park funds for long term. Read detail review...

Shubhshree Biofuels Energy IPO Peer Comparison

Shubhshree Biofuels Energy Limited peer comparison with similar listed entities. (As on March 31, 2024)

Company Name	EPS (Basic)	EPS (Diluted)	P/E (x)	RoNW (%)	Financial statements
Shubhshree Biofuels Energy Limited	8.6	8.6	18.9	46.36

i. There are no listed companies in India that are engaged in a business similar to ours, so it is not possible to provide an industry comparison in relation to our company.

ii. The EPS, NAV, RoNW and total Income of Shubhshree Biofuels Energy Limitedis taken as per the Restated Financial Statement for the Financial Year 2023-24.

iii. NAV per share is computed as the closing net worth divided by the weighted average number of paid-up equity shares as of March 31, 2024.

iv. RONW has been computed as net profit after tax divided by closing net worth. v. Net worth has been computed in the manner as specifies in Regulation 2(1) (hh) of SEBI (ICDR) Regulations, 2018.

Shubhshree Biofuels Energy IPO Review by Members

Shubhshree Biofuels Energy IPO Reviews, analysis and views by popular members. Read Shubhshree Biofuels Energy Limited IPO reviews by retail investors to find recommended ipo to buy.

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Shubhshree Biofuels Energy IPO Review Summary by Members

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