Sheel Biotech Ltd IPO

About Sheel Biotech Ltd

Our Company, Sheel Biotech Limited (hereinafter referred to as SBL or Our Company) was incorporated as a private limited company with the name of Sheel Biotech Private Limited under the Companies Act, 1956 vide certificate of incorporation dated November 26, 1991, issued by that time Registrar of Companies, Delhi & Haryana, bearing Registration No. 046531. Further, our company was converted into a Public Limited Company in pursuance of a special resolution passed by the members of our Company at the Extra- Ordinary General Meeting held on December 30, 1991 & name of our Company changed from Sheel Biotech Private Limited to Sheel Biotech Limited & Registrar of Companies, Delhi & Haryana has issued a new certificate of incorporation consequent upon conversion dated April 02, 1992, bearing CIN: U24239DL1991PLC046531.

The tissue culture technique is being utilised for micropropagation and commercialisation of agricultural crops, mass multiplication of desired plant variety, germplasm protection, development of newer cultivars with specific desirable traits, raising disease free plants and proliferation of elite and endangered plants. With the help of micropropagation techniques, the Indian plant tissue culture industry has become successful in various sectors such as agriculture, medicine, and forestry. Improved media formulations, bioreactors, automation and other technologies have enhanced the efficiency and productivity of tissue culture processes. Implementation of automated controls in bioreactors minimizes manual intervention and increases multiplication rates. Due to advancements in plant biotechnology and genetics, there is now potential to produce disease resistant and higher yielding crop varieties through plant tissue culture methods. Researchers are developing innovative methods to genetically modify plant cells to make them resistant to herbicides, insects, fungi, viruses and other stresses. This offer possibilities to customize crop varieties suitable for different agro-climatic conditions.

Our Company is 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. We manufacture and maintain greenhouses, offer services to farmers and provide training through Farmer Producer Organizations (FPOs). Additionally, we deliver green landscaping services to both government and private sectors.

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