Friends Union for Energising Lives (FUEL) IPO

About Friends Union for Energising Lives (FUEL)

Friends Union for Energising Lives (FUEL) is a non-profit social enterprise dedicated to empowering the youth of India through career guidance, skill development, and access to educational opportunities. The organisation focuses on bridging the gap between education and employment by providing students—especially from underserved communities—with essential information, training, and resources needed to make informed career choices. FUEL believes that young people are the future leaders of the nation, yet many lack awareness of the opportunities available to them. Through initiatives such as career counselling, scholarships, and skill-development programs, FUEL supports students in building successful and meaningful futures. With collaborations across schools, colleges, and corporate partners, the organisation has reached over a million students across multiple states in India. Its mission is to create a supportive ecosystem that equips youth with knowledge, confidence, and skills to contribute positively to society and the nation’s growth.

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.

Objective

The project aims to support undergraduate education and skill development for underserved youth, especially young women. It focuses on building digital skills, life skills, employability, and entrepreneurship capabilities to prepare students for future career opportunities. The program plans to enrol 40 girls in undergraduate education, prioritising beneficiaries such as daughters of soldiers, farmers, frontline workers, and daily wage earners, helping them overcome socio-economic barriers and build sustainable futures.

Key Details

• Instrument Type: Zero Coupon Zero Principal (ZCZP) – No interest, no principal repayment
• Issue Size: ₹1 Crore
• Minimum Application: ₹1,000
• Listing Platform: NSE – Social Stock Exchange
• Purpose: Funding education and skill development initiatives for underserved youth.

FUEL – Youth Outreach Impact

• 2,943+ scholarships provided to support students’ education.
• 1,162+ girls benefited through dedicated scholarship support.
• 918,790+ students received career counselling and guidance.
• 330,455+ 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?

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