Sheel Biotech Ltd Logo

Sheel Biotech Ltd IPO

NSELot: 2000

LISTEDSME
Issue Price63
Listing91
Current68
Price Band
59 - ₹63
Lot Size
2,000
Issue Size
₹34.02 Cr
GMP
0
Subscription
0.07x

IPO Schedule

1
Open
30 Sept
2
Close
3 Oct
3
Allotment
6 Oct
4
Listing
8 Oct

About Sheel Biotech Ltd

Sheel Biotech Ltd. operates in the agricultural sector, focusing on the production and distribution of bio-fertilizers and other agricultural inputs. The company aims to provide sustainable and eco-friendly solutions to farmers, contributing to improved crop yields and soil health.

Subscription Status

QIB
0.00x
NII
0.13x
Retail
0.08x
CategoryDay 3Day 2Day 1
QIB19.73x0.02x0.00x
NII25.92x0.15x0.13x
Retail9.56x0.52x0.08x
Total15.97x0.30x0.07x

Risk Factors

Dependence on government policies and regulations related to bio-fertilizers.
Fluctuations in raw material prices, impacting profitability.
Competition from established players in the agricultural input market.

Promoters & Management

The key management personnel of Sheel Biotech Limited include: Dr. Satya Narayan Chandak, Chairman and Director, Mr. Divye Chandak, Managing Director, Mr. Sanjay Chandak, Director, Mr. Anupam Pandey, Company Secretary and Compliance Officer, and Mr. Piyush Sharma, Chief Financial Officer. Dr. Satya Narayan Chandak, aged 75, is the Chairman and Director, with a Doctorate Degree in Business Administration and 34 years of experience in agriculture, biotechnology, and related fields. Mr. Divye Chandak, aged 28, is the Managing Director, with a Bachelor in Chemical Engineering and a PG program in Management, and 7 years of experience in marketing and business development. Mr. Sanjay Chandak, aged 53, is a Director, with a Doctorate Degree in Business Administration and 27 years of experience in biotechnology and related fields. Mrs. Mini Chadha, aged 56, is a Non-Executive director, with a Master's Degree and experience in public speaking and mentorship. The management team is responsible for the company's strategic direction, operations, and financial performance.