Sheel Biotech IPO Opens On 30 Sep: Know ...

From Application to Allotment: Sheel Biotech IPO Explained 


The worldwide plant tissue culture market is pegged at about USD 480 million in 2024 and could touch nearly USD 883 million by 2031, growing at a steady CAGR of 9.1% during 2024–2031. Sheel Biotech is already active in this space and plans to roll out its IPO this September.


Narnolia Financial Services will be the Sheel Biotech IPO manager and Skyline Financial Services will register this IPO Also, check the allotment status.

See the Sheel Biotech DRHP and RHP

Note: For Sheel Biotech Ltd, 50% of the IPO shares will become tradable 30 days after allotment, and the remaining portion will be released from lock-in after 90 days.

Sheel Biotech Pvt Ltd: Company Profile

The whole company profile of Sheel Biotech is given below:

Particulars

Details 

Incorporated In   

1991

Registered Office 

New Delhi

Promoter 

Dr. Satya Narayan Chandak and Dr. Sanjay Chandak, Divye Chandak, Mini Chadha, Satya Narayan Chandak, Sumeet Chandak, and Sanjay Chandak 

Services  

Developing fruits, ornamental plants 

field crops, and vegetables

Competitors 

Jain Irrigation System


Sheel Biotech Limited IPO Details 

Let's see what all the investors should know about the Sheel Biotech company IPO. 

  • Sheel Biotech IPO Date


Event Description

Date

IPO Opening for Bids

Tue, Sep 30, 2025

IPO Closing for Bids

Fri, Oct 3, 2025

Provisional Allotment Date

Mon, Oct 6, 2025

Refunds Start Date

Tue, Oct 7, 2025

Shares in Demat Accounts

Tue, Oct 7, 2025

Expected Listing on Stock Exchange

Wed, Oct 8, 2025

Deadline for UPI 

5 PM on Fri, Oct 3, 2025


  • Sheel Biotech Ltd. IPO Size


Particulars

Shares

Aggregate Value 

Fresh Issue 

54,00,000

₹34.02 crores

Offer for Sale

Overall Issue 

54,00,000

₹34.02 crores


  • Objectives of the Sheel Biotech Offer  



Purpose

Estimated Amount (₹ in Lakhs)

Investment in new capital assets

911.95

Funding for working capital needs

1,588.00

General corporate use

Undisclosed 

Net proceeds from issue

Undisclosed



  • Other takeaways and the Sheel Biotech Ltd share price


Particulars

Description

Face value

₹10

Price Range

₹59 to ₹63

Lot Size 

2,000 Shares

Listed At 

NSE SME


  • Categorisation of Different Investors  


Investor Type

Allocation of Shares

Qualified Institutional Buyers (QIBs)

Up to 50% 

Retail Individual Bidders (RIBs)

At least 35% 

Non-Institutional Investors (NIIs)

Minimum 15% 



  • Anchor Investor


Particulars

Description

Offer period 

September 29, 2025

Terms of Payment 

NA


Sheel Biotech Private Limited IPO details: Key Financials 


Particulars

March 31, 2025 (Amount in Lakhs)

March 31, 2024

31-03-2023

Share Capital

1,495.26

414.37

414.37

Reserve & Surplus

6,890.16

6,854.65

5,939.78

Net Worth

8,385.42

7,269.02

6,354.15

Revenue from Operation

10,175.25

9,228.22

8,011.57

Profit after Tax

1,063.61

1,047.47

507.65

EPS (Basic and Diluted)

7.21

7.22

3.50

NAV (₹)

56.84

50.12

43.81

Total Borrowings - Long Term

482.25

1,026.81

944.14

Total Borrowings - Short Term

1,253.87

1,327.15

972.95


Strengths and risks

Check out the major risks and strengths of Sheel Biotech Limited:

Strengths

  • Big Plant Capacity: With ISO certifications and a DBT-recognized lab that can handle 10 million plants, the company has strong quality services. 

  • Serving Many States: From government projects to private clients, Chiraharit already has a wide footprint across India.

  • Leaders Who Know the Field: Promoters bring deep knowledge, global exposure, and years of experience.

  • Beyond Just Business: The company works on farmer empowerment and skill-building. 

Risks

  • Legal Hurdles: Pending disputes and litigation around land may slow down or impact operations.

  • Supplier Dependence: Have only a few top suppliers for raw materials.

  • Project Delays Hurt: Timely government project delivery is important; any delays could affect future contracts and revenue.

  • Uncertain Market Entry: Since this is its first-ever public issue with no trading history, the stock performance is still uncertain.

Is Sheel Biotech IPO Worth the Hype?

The Sheel Biotech IPO GMP was not announced on 29 September 2025. You can still check out the company’s profile and its DRHP to gather insights.

Also, check the latest GMP here

Before applying, you must also see the live subscription numbers. Apply today.

FAQs

1. How is the Sheel Biotech IPO review?

Sheel Biotech is seen as an agriculture service-based company, with expansion capital as a key objective. For the latest sentiment, you can look for the GMP updates

2. What is the Sheel Biotech IPO date?

The IPO open date is 30 September 2025, and the closing date is 3 October 2025. But one can monitor live subscription and Sheel Biotech turnover details in real time.

3. What is the Sheel Biotech share price? 

The Sheel Biotech IPO price is ₹59-₹63 as per the latest Sheel Biotech IPO news. The final issue price will fall within this range. Also, don't forget to check the Sheel Biotech IPO allotment details. 

4. Should I use a demat account to bid for the Sheel Biotech IPO?

Yes, a demat account is required to bid for the Sheel Biotech IPO. Click here to get the ultimate list of the top demat account providers.
AngelOne

Invest Smarter wit Angel One

  • AI-Powered Trading Recommendations
  • Zero Account Opening Charges
  • Quick & Easy Onboarding
AngelOne

Join India’s Leading Broker

  • Zero Brokerage on Investments
  • Smooth & Secure Trading Experience
  • Advanced Charting & Insights
AngelOne

Create Your Demat Account

  • Zero Account Opening Charges
  • Hassle Free Setup
  • Market Insights

Choose Your Trusted Broker

Compare top brokers and find the one that fits your goals.