Sheel Biotech Ltd Company Summary

Sheel Biotech Limited was incorporated as a Private Limited Company with the name of Sheel Biotech Private Limited vide Certificate of Incorporation dated November 26, 1991, issued by Registrar of Companies, Delhi & Haryana. Further, Company was converted into a Public Limited & name of the Company changed from Sheel Biotech Private Limited to Sheel Biotech Limited dated April 02, 1992.The Company was founded by Dr. Satya Narayan Chandak in 1991.

Thereafter, through his vision he led the stone of Tissue Culture lab wherein for advancement of lab he deputed two of his scientists to Netherlands for training to expand the business ventured in domestic market too and then added greenhouse division to promote protected cultivation. The Company started the Import division in 2019 and importing tulip, glad, lilium, orchids and alstromeria. The Companys Manesar facility is now second largest with production capacity of 10 million plants northern region of India.In 2008, Dr.

Chandak established Sheel Biotechs Organic Division. He motivated farmers to decrease the use of chemical fertilizers and raised concern about the associated health risks, and saw organic farming as a solution to these issues. Company has since thrived, establishing partnerships with global entities like M/s Cravo Equipments Limited, M/s Dummen Orange, and setting up operations across several Indian states, including Kerala, Andhra Pradesh, Arunachal Pradesh, and at IICHR in Bangalore.

Further, with expertise in green house and Poly house, the African country gave Promoters the project in Eritrea nearby Ethiopia as well.Sheel Biotech an ISO 9001:2015, ISO 14001:2015 & ISO 45001:2018 certified company and is managed by industry experts and professionals with knowledge in the field of Biotechnology, Agriculture, Floriculture, Horticulture, Tissue Culture and Green Houses. Company is presently engaged in the business of growing, developing, processing, and supplying a wide range of plants for field crops, fruits, vegetables, and ornamental plants through tissue culture and organic farming. It manufacture and maintain greenhouses, offer services to farmers and provide training through Farmer Producer Organizations (FPOs).

Additionally, it deliver green landscaping services to both government and private sectors.The Company is proposing an Initial Public Issue of 54,00,000 Equity Shares of Face Value of Rs. 10/- each through Fresh Issue.