Sheetal Medicare Products Ltd IPO

Our Company has been incorporated as a private limited company under the name “Sheetal Medicare Private Limited” on February 19, 1997. Our Promoter Devendra Somnath Pandya, prior to incorporation of our Company started his career in the year 1981 as a sole proprietor and set up a proprietary concern under the name and style of “Sheetal Pharma Chem” which supplied raw materials in bulk quantity to the manufacturers for the preparation of Ayurvedic medicines. He went on to establish 4 retail shops in the name of “Sheetal Ayruved Bhandar Private Limited”(“SABPL”) which is now a wholly owned subsidiary of our company with effect from April 01, 2025. The retail stores are situated in Ghatkopar, Mulund, Andheri and Vile Parle (all locations in Mumbai) that sells Ayurvedic products. Our Company is currently engaged in the business as a manufacturer of Ayurvedic , herbal and healthcare products which can be used to prevent and assist in curing various illnesses including diabetes, joint and muscle pains , gut issues , stamina and also for satisfying the diverse needs of consumers such as skin care, hair care, body care, etc. We also manufacture and sell Ayurvedic Powders, Oils, Healthcare Medicines, Ayurvedic Medicines & Tablets to various customers under the vertical of B2B contracts.