Sheel Biotech IPO Allotment Status: Check Overall Subscription and Steps to Verify Status

Sheel Biotech Ltd opened its Initial Public Offering (IPO) on September 30, 2025. The bidding window for the Sheel Biotech IPO was open till October 3, 2025, and the allotment process for the IPO is expected to be finalised today, on October 6, 2025. The shares of Sheel Biotech Limited will be listed on NSE, and the tentative listing date is fixed as October 8, 2025.

Steps to Check Sheel Biotech IPO Allotment Status on NSE

Here is the process to check Sheel Biotech IPO Allotment on NSE:

• Open the Application Status page of NSE here. 
• Choose 'Equity & SME IPO bid details'. 
• Select 'Sheel Biotech Ltd' from the list of companies. 
• Enter your IPO application number and PAN details. 
• Click the submit button to review the details of your share allotment. 

Sheel Biotech Overall Subscription Status

[October 3, 2025, end of the day]

On day 3, Sheel Biotech IPO was subscribed 15.97 times. The public issue was subscribed to 9.56 times in the individual investors category, 19.73 times in QIB, and 25.92 times in the NII category.

Sheel Biotech IPO Details

Sheel Biotech's IPO was a book-building issue of ₹34.02 crores. The issue is entirely a fresh issue of 0.54 crore shares. The IPO price band was set at ₹59 to ₹63 per share. The minimum lot size for an application was 2000. The minimum amount of investment required by an individual investor (retail) was ₹2,52,000 (4000 shares) based on the upper price.

Narnolia Financial Services Ltd. was the book-running lead manager, and Skyline Financial Services Pvt.Ltd was the registrar of the issue. The Market Maker of the company was Mansi Share & Stock Broking Pvt.Ltd.

Sheel Biotech Limited - Business Overview

Sheel Biotech Ltd (incorporated in 1991, headquartered in New Delhi) offers biotechnology, horticulture & sustainable agri solutions. Its core activities include tissue culture and propagation of plants (fruits, vegetables, ornamentals, field crops), organic farming & certification, greenhouse / polyhouse / net house / turnkey horticultural structures, landscaping, Farmer-Producer Organisation (FPO) training and organic inputs.

In FY25, Sheel Biotech reported revenue of ₹102.27 crore, up from ₹92.55 crore in FY24, with a PAT of ₹10.64 crore.

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