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Sheel Biotech IPO
15.91xsubscribed

Sheel Biotech IPO

Agriculture
listed
₹2.36LMin. investment

Sheel Biotech Limited IPO Details

SectorAgriculture
Price range₹59.00 – ₹63.00
IPO type
SME
Lot size2000 shares
Issue size₹34Cr
Draft Red Herring Prospectus
Read
Market cap
₹128.22CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹101.75CrLower than sector avg
Growth rate3Y CAGR
12.70%

Sheel Biotech IPO Subscription Status

Date
QIB
NII
Retail
Total
30-Sep-25
0.0 times (X)
0.13 times (X)
0.07 times (X)
0.06 times (X)
01-Oct-25
0.02X
0.5X
0.52X
0.37X
02-Oct-25
0.02X
0.5X
0.52X
0.37X
03-Oct-25
19.73X
26.19X
9.33X
15.91X

As on 30-Sep-25, 5:30 PM

Sheel Biotech IPO Timeline

  1. Pre-apply
    29 Sep 2025
  2. Bid start
    30 Sep 2025
  3. Bid end
    3 Oct 2025
  4. Allotment
    6 Oct 2025
  5. Release of funds
    7 Oct 2025
  6. Demat transfer
    7 Oct 2025
  7. Listing
    8 Oct 2025

About Sheel Biotech Limited

Incorporated in 1991, Sheel Biotech is engaged in growing, developing, processing, and supplying plants for field crops, fruits, vegetables, and ornamental plants through tissue culture and organic farming. The company has an R&D laboratory with a production capacity of 1 crore planting materials annually. In FY25, 90.5% of procurement was domestic, while the rest came from imports of "BLUE RIBBON" 2L pots from the Netherlands. It has completed 59 major projects with a cumulative contract value exceeding ₹150 crore across various segments and operates 12 ongoing projects with a total contract value exceeding ₹30 crore, expected to be completed by 2025-27. The company operates through 5 segments, with the landscaping and planting segment contributing 34.48% of revenue, followed by greenhouse and packhouse at 27.95%. Meanwhile, government tenders contributed 56.6% of revenue in FY25.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
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Objectives of Sheel Biotech Limited IPO

Working capital
46.68%
The company will utilise ₹15.88 crore towards funding working capital requirements.
Capital expenditure
26.81%
The company will utilise ₹9.12 crore towards capex for setting up a blueberry facility
General corporate purposes
26.60%
Part of the IPO proceeds will be used for general corporate purposes

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹101.75Cr12.70%₹10.64Cr₹128.22Cr8.700.21
This sector (avg.)₹459.44Cr---₹41.49Cr₹706.44Cr75.040.31
₹18,298.01Cr---₹2,199.36Cr₹11,995.88Cr10.620.28
₹1,204.97Cr---₹282.28Cr₹4,762.34Cr15.850
₹1,561.03Cr---₹88.31Cr₹3,248.7Cr26.730.24

*Revenue for financial year 2024-25. Lower P/E and D/E ratios are generally preferred.

Sheel Biotech IPO Contact Details

Company NameSheel Biotech Limited

How to apply for Sheel Biotech IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Sheel Biotech Limited IPO FAQs