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Sheel Biotech Ltd. IPO is a book build issue of ₹34.02 crores. The issue is entirely a fresh issue of 0.54 crore shares of ₹34.02 crore.
Sheel Biotech IPO bidding started from Sep 30, 2025 and ended on Oct 3, 2025. The allotment for Sheel Biotech IPO was finalized on Oct 6, 2025. The shares got listed on NSE SME on Oct 8, 2025.
Sheel Biotech IPO price band is set at ₹63.00 per share . The lot size for an application is 2,000. The minimum amount of investment required by an individual investor (retail) is ₹2,52,000.00 (4,000 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (6,000 shares), amounting to ₹3,78,000.
Narnolia Financial Services Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Mansi Share & Stock Broking Pvt.Ltd..
Refer to Sheel Biotech IPO RHP for detailed Information.
| IPO Date | September 30, 2025 to October 3, 2025 |
| Listing Date | October 8, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹59 to ₹63 per share |
| Issue Price Final | ₹63 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 54,00,000 shares (aggregating up to ₹34.02 Cr) |
| Reserved for Market Maker | 2,72,000 shares Mansi Share & Stock Broking Pvt.Ltd. (aggregating up to ₹1.71 Cr) |
| Net Offered to Public | 51,28,000 shares (aggregating up to ₹32.31 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,49,52,550 shares |
| Share Holding Post Issue | 2,03,52,550 shares |
Sheel Biotech IPO offers total 54,00,000 shares. Out of which 25,50,000 (47.22%) allocated to QIB, 10,26,000 (19.00%) allocated to QIB (Ex- Anchor), 7,74,000 (14.33%) allocated to NII 18,04,000 (33.41%) allocated to RII and 15,24,000 (28.22%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 2,72,000 (5.04%) |
| QIB Shares Offered | 25,50,000 (47.22%) |
| − Anchor Investor Shares Offered | 15,24,000 (28.22%) |
| − QIB (Ex. Anchor) Shares Offered | 10,26,000 (19.00%) |
| NII (HNI) Shares Offered | 7,74,000 (14.33%) |
| − bNII > ₹10L | 5,16,000 (9.56%) |
| − sNII < ₹10L | 2,58,000 (4.78%) |
| Retail Shares Offered | 18,04,000 (33.41%) |
| Total Shares Offered | 54,00,000 (100.00%) |
Sheel Biotech IPO raises ₹9.60 crore from anchor investors. Sheel Biotech IPO Anchor bid date is September 29, 2025. Sheel Biotech IPO Anchor Investors list
| Bid Date | September 29, 2025 |
| Shares Offered | 15,24,000 |
| Anchor Portion Size (In Cr.) | 9.60 |
| Anchor lock-in period end date for 50% shares (30 Days) | November 5, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | January 4, 2026 |
Sheel Biotech IPO opens on September 30, 2025, and closes on October 3, 2025.
| IPO Open Date | Tue, Sep 30, 2025 |
| IPO Close Date | Fri, Oct 3, 2025 |
| Tentative Allotment | Mon, Oct 6, 2025 |
| Initiation of Refunds | Tue, Oct 7, 2025 |
| Credit of Shares to Demat | Tue, Oct 7, 2025 |
| Tentative Listing Date | Wed, Oct 8, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Oct 3, 2025 |
Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 4,000 | ₹2,52,000 |
| Individual investors (Retail) (Max) | 2 | 4,000 | ₹2,52,000 |
| S-HNI (Min) | 3 | 6,000 | ₹3,78,000 |
| S-HNI (Max) | 7 | 14,000 | ₹8,82,000 |
| B-HNI (Min) | 8 | 16,000 | ₹10,08,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in November 1991, Sheel Biotech Limited specializes in biotechnology, floriculture, greenhouses, and organic projects.
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:
As of September 12, 2025, the Company has 160 permanent employees on its payroll.
Competitive Strength:
Sheel Biotech Ltd.'s revenue increased by 11% and profit after tax (PAT) rose by 2% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 113.28 | 105.95 | 93.89 |
| Total Income | 102.27 | 92.55 | 80.19 |
| Profit After Tax | 10.64 | 10.47 | 5.08 |
| EBITDA | 14.97 | 14.45 | 8.83 |
| NET Worth | 83.85 | 72.69 | 63.54 |
| Reserves and Surplus | 68.90 | 68.58 | 59.40 |
| Total Borrowing | 17.36 | 23.54 | 19.17 |
| Amount in ₹ Crore | |||
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| ROE | 13.59% |
| ROCE | 16.34% |
| Debt/Equity | 0.21 |
| RoNW | 13.59% |
| PAT Margin | 10.45% |
| EBITDA Margin | 14.71% |
| Price to Book Value | 1.11 |
| Market Capitalization | 128.22 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 7.11 | 5.23 |
| P/E (x) | 8.86 | 12.06 |
The Company Sheel Biotech IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Capital Expenditure Requirement | 9.12 |
| 2 | Working Capital Requirement | 15.88 |
| 3 | General Corporate Purposes | 4.77 |
| 4 | Issue Expense | 4.25 |
[Dilip Davda] SBL is engaged in the business of growing, developing, processing and supplying a wide range of plants for field crops, fruits, vegetables, and ornamental plants. The company reported growth in its top and bottom lines for the reported periods. It is operating in a highly fragmented segment. Based on its recent financial data, the issue appears fully priced. Well-informed investors may park moderate funds for medium term. Read detail review...
| Listing Date | October 8, 2025 |
| BSE Script Code | |
| NSE Symbol | SHEEL |
| ISIN | INE0YJV01017 |
| Final Issue Price | ₹63 per share |
| NSE Listing Group | ST (Trade to Trade) |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹63.00 |
| Open | ₹91.00 |
| Low | ₹91.00 |
| High | ₹95.55 |
| Last Trade | ₹95.55 |
Sheel Biotech Ltd.
8 Balaji Estates
, 2nd Floor, Block-C, Guru Ravidas Marg
Kalkaji
South Delhi, New Delhi, 110019
Phone: +91 88511 - 8980
Email: compliance@sheelbiotech.com
Website: http://www.sheelbiotech.com/
Skyline Financial Services Pvt.Ltd.
Phone: 02228511022
Email: compliances@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Sheel Biotech IPO is a SME IPO of 54,00,000 equity shares of the face value of ₹10 aggregating up to ₹34.02 Crores. The issue is priced at ₹63 per share. The minimum order quantity is 2000.
The IPO opens on September 30, 2025, and closes on October 3, 2025.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Sheel Biotech IPO using UPI as a payment gateway. Zerodha customers can apply in Sheel Biotech IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Sheel Biotech IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Sheel Biotech IPO opens on September 30, 2025 and closes on October 3, 2025.
Sheel Biotech IPO lot size is 2000, and the minimum amount required for application is ₹2,52,000, with 2 lots being the minimum application size.
You can apply in Sheel Biotech IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Sheel Biotech IPO will be done on Monday, October 6, 2025, and the allotted shares will be credited to your demat account by Tuesday, October 7, 2025. Check the Sheel Biotech IPO allotment status.
The Sheel Biotech IPO listing date is on Wednesday, October 8, 2025.
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