Friends Union for Energising Lives (FUEL) IPO

About Friends Union for Energising Lives (FUEL)

Founded in 2007 by Ketan Laxmikant Deshpande, Friends Union for Energising Lives (FUEL) is a Pune-based public charitable trust registered on the NSE and BSE Social Stock Exchanges. Inspired by Dr. APJ Abdul Kalam’s Mission 2021, FUEL empowers underserved Indian youth through career counselling, academic coaching, scholarships, and future skills training (such as AI, Java, Digital Marketing, and EV technology). Operating primarily through Corporate Social Responsibility (CSR) partnerships and philanthropic grants, FUEL has impacted over 1.19 million students across 3,500+ schools in 17 states, delivering over 9.02 lakh counselling sessions, 2.93 lakh future skills trainings, and 2,907 scholarships. Recently, it established the FUEL SkillTech University and FUEL Business School to offer undergraduate, postgraduate, and diploma programs. Through this issue, FUEL aims to raise ₹50 lakh via Zero Coupon Zero Principal (ZCZP) instruments to provide fully sponsored two-year MBA education to 25 economically disadvantaged female students.

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SSE (Social Stock Exchange) IPO

An SSE (Social Stock Exchange) IPO is a structured way to support NGOs listed on the exchange. It’s not a tradable instrument. Your contribution goes directly to the NGO and the specific program it supports, and is eligible for 80G tax benefits. Learn more.

Issue Overview

FUEL has filed its Draft Fund-Raising / Pitch Document with the NSE – Social Stock Exchange for the issuance of Zero Coupon Zero Principal (ZCZP) instruments to raise funds for social impact initiatives.

Key Details

• Instrument Type: Zero Coupon Zero Principal (ZCZP) – No interest, no principal repayment
• Issue Size: ₹50 Lakhs
• Minimum Application: ₹1,000
• Listing Platform: NSE – Social Stock Exchange
• Purpose- 25 young women from families with an annual income of up to ₹5,00,000, with priority given to first-generation learners and daughters of soldiers, farmers, frontline workers, and daily wage earners.

FUEL – Youth Outreach Impact

• 2,907+ scholarships provided to support students’ education.
• 1,162+ girls benefited through dedicated scholarship support.
• 9,02,882+ students received career counselling and guidance.
• 2,93,768+ youth trained under the Future Skills Training Program.
• 130+ Army Public Schools reached through outreach initiatives.
• 20,381+ APS students supported through career and education programs.

Programs Offered by FUEL

• Career Counselling Programs: Help students make informed academic and career choices.
• Future Skills Training: Provides training in technical and industry-relevant skills.
• Scholarship Programs: Financial support for deserving and underprivileged students.
• Internship and Employability Initiatives: Prepare youth for jobs through skill development and practical exposure.

Are there any financial returns?

No. This is a Zero Coupon Zero Principal (ZCZP) instrument, unique to the Social Stock Exchange. It’s essentially a structured grant — you’re contributing to a social cause.

There are no financial returns and no principal repayment. The contribution reflects in your demat holdings and is eligible for 80G income tax deduction. ZCZP instruments are issued only in dematerialised form and cannot be traded in the secondary market.

How to Contribute via Zerodha?

• Open Kite and go to the IPO section to find SSE listings.
• Select the FLZCZP listing and enter your contribution amount (minimum Rs 1000).
• Once submitted, accept the mandate on the UPI app.
• The ZCZP instrument will appear in your demat holdings once listed. You will receive audited impact reports on how your contribution was utilised.