Sheel Biotech Ltd

Initial public offer of 54,00,000 equity shares of Rs. 10/- each (Equity Shares) of Sheel Biotech Limited (SBL or The Company) for cash at a price of Rs. []/- per equity share (The Issue Price), aggregating to Rs. [] crores (The Offer). Out of the issue 2,73,600 equity shares aggregating to Rs. [] crores will be reserved for subscription by market maker (Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. issue of 51,26,400 equity shares of face value of Rs. 10.00/- each at an issue price of Rs. []/- per equity share aggregating to Rs. [] crores is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 26.53% and 25.19%, respectively of the post issue paid up equity share capital of the Company. The face value of the equity shares is Rs.10/- each and the floor price and cap price are [] times and [*] times of the face value of the equity shares, respectively.