Shubhshree Biofuels Energy Limited

About  Shubhshree Biofuels Energy Limited

Shubhshree Biofuels Energy Limited, established in 2013, is a prominent player in the renewable energy sector, specializing in the manufacturing and supply of biomass fuels. Transitioning from its initial focus on building and construction materials, the company redefined its operations in December 2021 to concentrate on biomass pellets and briquettes. This strategic shift leverages their expertise in recycling and green waste management to provide an eco-friendly alternative to traditional fossil fuels like coal and firewood. Their products are integral to various commercial and industrial applications, including heating, cooking, and power generation, underscoring their role in the transition to sustainable energy solutions.

The company operates a modern manufacturing facility located in Rajasthan. This facility is equipped with three briquette cum pelleting machines, boasting a combined production capacity of 132 tonnes per day. The plant’s operational efficiency is enhanced by a mix of owned and rented machinery, reflecting a commitment to meeting growing market demands. 

Shubhshree Biofuels Energy Limited’s products are predominantly utilized in the Northern States of India, including Haryana, Uttar Pradesh, Rajasthan, and the NCR region, which collectively contribute the most to the company's revenue. The company sources its raw materials, such as agricultural waste, sawdust, and farm residue, directly from local farmers and suppliers, ensuring a sustainable supply chain. This approach not only supports local agriculture but also helps in reducing greenhouse gas emissions by repurposing waste materials into valuable energy sources.

The company’s recent achievements include securing a substantial purchase order for the short-term supply of 1,600 tonnes of biomass to a pharmaceutical industry client, as well as a long-term contract to deliver 14,600 tonnes of biomass pellets to a power sector company over the next year. These orders underscore the growing demand for biomass fuels and affirm Shubhshree Biofuels Energy Limited’s position as a reliable and forward-thinking player in the renewable energy market. Through its innovative approach and strategic partnerships, the company is poised to make significant contributions to sustainable energy solutions and environmental stewardship.

Shubhshree Biofuels Energy Limited prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives:

1) Funding Capital Expenditure towards installation of additional plant and machinery.; 

2) To meet working capital requirements; 

3) General Corporate Purpose.