08 Oct 2025 | 5 Mins Read
Sheel Biotech IPO Sees Promising GMP and Subscription
Flipitmoney
Sheel Biotech, an agri-biotech company, is set to debut on NSE SME, raising Rs 34 crore from its issue. The IPO received 15.97 times subscription, with strong institutional and retail demand. The company has over three decades of experience and steady growth, with revenue rising 11% to Rs 102.27 crore in FY25. It plans to use the proceeds for capacity expansion and strengthening operations.