Multienzyme complex has attracted increased attention in biofuel technology. They offer solutions to effective degradation of complex plant material into fermentable sugars. Microorganisms, especially bacteria and fungi, are well studied for their ability to produce enzymes complex unlike yeast. Yeast strain isolated from mushroom farm was studied for simultaneous production of cellulase, xylanase and ligninase enzymes using lignocellulose waste as substrates. A response surface methodology (RSM) involving Box-Behnken design (BBD) was used to investigate interaction between variables (moisture content, inoculum size, initial pH, incubation time) that affect enzyme production. Crude filtrate was partially purified and characterised. Yeast strain identified as Saccharomyces cerevisiae SCPW 17 was finally studied. Evaluation of lignocellulose waste for enzyme complex production revealed corn cob to be most effective substrate for cellulase, xylanase and ligninase production with enzyme activity of 17.63 ± 1.45 U/gds, 29.35 ± 1.67 U/gds and 150.75 ± 2.01 μmol/min respectively. Time course study showed maximum enzyme complex production was obtained by day 6 with cellulase activity of 12.5 U/gds, xylanase 48.3 U/gds and ligninase 90.8 μmol/min. Using RSM involving BBD, maximum enzyme activity was found to be 19.51 ± 0.32 U/gds, 56.86 ± 0.38 U/gds, 408.17 ± 1.04 μmol/min for cellulaase, xylanase and ligninase respectively. The developed models were highly significant at probability level of P = 0.0001 and multiple correlation co-efficient (R2) was 0.9563 for cellulase, 0.9532 for xylanase and 0.9780 for ligninase. Enzyme complex was stable at varying pH and temperature conditions. Saccharomyces cerevisiae (SCPW 17) studied produced enzyme complex which can be used for bioconversion of biomass to value-added chemicals.