sheel biotech limited IPO
IPO Overview
Sheel biotech limited IPO is a SME public issue offered through a Book Building issue with a total issue size of ₹34.02 Cr. The IPO price band is set at ₹59 to ₹63 per share, and retail investors can apply with a minimum investment of ₹2.52 L as per IPO guidelines.
The Sheel biotech limited IPO opens on 30 Sept 2025 and closes on 3 Oct 2025. The IPO allotment is expected to be finalized on 5 Oct 2025, and the equity shares are proposed to be listed on NSE on 7 Oct 2025.
Investors can refer to the Sheel biotech limited IPO RHP-DRHP for detailed information. The issue is managed by Narnolia Financial Services Ltd. as the book running lead manager, while Skyline Financial Services Private Ltd is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About Company
The company grows and supplies various plants for field crops, fruits, vegetables, and ornamentals through tissue culture and organic farming.
The company manufactures and maintains greenhouses, provides farmer services, and offers training through FPOs.
They also deliver landscaping services to the government and private sectors.
The company holds ISO 9001:2015, 14001:2015, and 45001:2018 certifications, reflecting its commitment to quality, environmental responsibility, and safety.
The company's Research and Development laboratory is recognized by the Department of Biotechnology (DBT) and the Department of Science and Technology (DST) of the Government of India.
Sheel Biotech offers a diverse range of services and products, including:
Planting Material: Utilizing tissue culture and hydroponics, the company produces high-quality, disease-free planting materials for various crops such as fruits, floriculture, forestry, and ornamentals.
Horticultural Projects: Sheel Biotech designs and implements greenhouses, centers of excellence, integrated packhouses, and other turnkey projects, incorporating modern technologies like climate control, automation, drip irrigation, and fertigation to optimize crop yield and quality.
Organic Adoption and Certification: The company assists farmers in transitioning to organic farming by providing adoption and certification services in line with the National Programme for Organic Production (NPOP) and the Participatory Guarantee System (PGS).
Farmer Producer Organization (FPO) Management: Sheel Biotech supports the establishment and management of FPOs, offering training, skill development, and market linkage assistance to enhance farmers' access to better services and inputs.
Skill Development: The company conducts training programs, seminars, workshops, and exposure trips to educate farmers and agripreneurs on modern agricultural practices and techniques.
As of September 30, 2024, the Company has 160 permanent employees on its payroll.
Competitive Strength:
Skilled in biotechnology, organic farming, and greenhouse management.
Offers a wide range of products across agriculture, floriculture, and horticulture.
Eco-friendly practices and a focus on organic, sustainable farming.
Investment Objective
Working Capital Requirement
General Corporate Purposes