Shubhshree Biofuels Energy Limited was incorporated as ‘Shubhshree Bricks Private Limited’ under the Companies Act, 1956, pursuant to a certificate of incorporation dated April 23, 2013, issued by the RoC, Rajasthan, Jaipur. Further, pursuant to the special resolution passed by the shareholders in the Extra Ordinary General Meeting held on October 9, 2023 the name of the company was changed from ‘Shubhshree Bricks Private Limited’ to ‘Shubhshree Biofuels Energy Private Limited’ and a fresh Certificate of Incorporation was issued by the Registrar of Companies, Rajasthan, Jaipur dated October 30, 2023. Subsequently, the company was converted from a private limited company to a public limited company, pursuant to a special resolution passed by the shareholders of the company on January 18, 2024 and the name of the Company was changed from ‘Shubhshree Biofuels Energy Private Limited’ to ‘Shubhshree Biofuels Energy Limited’ vide fresh certificate of incorporation dated February 1, 2024 issued by the Registrar of Companies, Rajasthan, Jaipur.
The company is engaged in the business of manufacturing & supplying of biomass fuels, which includes biomass pellets and briquettes. These biomass fuels are an alternative source of energy which is basically used in commercial and industrial heating, cooking fuel, industrial burning and electricity generation, as an alternative to fossil fuels like coal, firewood, lignite, Agri-waste etc. The briquettes are majorly used for industrial purposes like running boilers etc. and the pellets are majorly used as cooking fuel or commercial purposes. It is selling these pellets and briquettes to customers who are engaged in the business of recycling material, textile processing, pharmaceutical, metal etc.
These Biomass pellets and briquettes are built from recycled green waste, producing less greenhouse gas emission. The main raw material used in the manufacturing of biomass fuels include Agri-waste, saw dust, farm waste etc. These raw materials are procured from the farmers and nearby sources either directly or through dealers and brokers. Apart, from the biomass manufactured by the company, it is also involved in the supplying of the biomass pellets and briquettes, which are procured from different vendors who are engaged in the manufacturing of these biomass fuels.
Biomass pellet or briquettes are cylindrical and condensed form of organic material derived from various renewable sources. These pellets serve as an alternative to traditional fossil fuels and play a significant role in addressing energy and environmental challenges. These biomass fuels act as renewable energy source, reduce emissions, helps in utilization of the waste materials and are energy efficient.
Business area of the company
The company is engaged in the business of manufacturing & supplying of biomass fuels, which includes biomass pellets and briquettes. These biomass fuels are an alternative source of energy which is basically used in commercial and industrial heating, cooking fuel, industrial burning and electricity generation, as an alternative to fossil fuels like coal, firewood, lignite, Agri-waste etc.
Products of the company
- Biomass Pellets
- Biomass fuel Briquettes
History and milestones
- 2013: Incorporation of the Company in the name of the ‘Shubhshree Bricks Private Limited’.
- 2021: Started the business of selling Biomass pellets and briquettes.
- 2023: Crossed Revenue of Rs 50 crore.
- 2024: Change in name of Company from Shubhshree Bricks Private Limited to Shubhshree Biofuels Energy Private Limited
- 2024: Company has purchased machinery on September 27, 2023 and started manufacturing from October, 2023 Onwards.
- 2024: Conversion of Company from Private Limited ‘Shubhshree Biofuels Energy Private Limited’ to Public Limited ‘Shubhshree Biofuels Energy Limited’.