8 Balaji Estates 2nd Flr Block,-C Guru Ravidas Marg Kalkaji,

Delhi - 110019,

Delhi, India.

Phone : +91 88511 89801

Fax : NA

Email :  compliance@sheelbiotech.com

Website :  www.sheelbiotech.com

Initial public offer of 54,00,000 equity shares of (Rs) 10/- each ("Equity Shares") of Sheel Biotech Limited ("S B L" or The "Company") for cash at a price of (Rs) 63/- per equity share (The "Issue Price"), aggregating to (Rs) 34.02 crores ("The Offer"). Out of the issue 2,72,000 equity shares aggregating to (Rs) 1.71 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 51,28,000 equity shares of face value of (Rs) 10.00/- each at an issue price of (Rs) 63/- per equity share aggregating to (Rs) 32.31 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.53% and 25.20%, respectively of the post issue paid up equity share capital of the Company. Price Band: (Rs) 59/- to (Rs) 63/- for equity share of face value of (Rs) 10 each. The floor price is 5.90 times times the face value and cap price is 6.30 times of the face value of the equity shares. Bids can made for a minimum of 4,000 equity shares and in multiples of 2,000 equity shares thereafter.

Minimum Application for shares in Nos : 4000   Further Multiples of : 2000