Shelter Pharma Ltd share Price Today

Shelter Pharma Ltd originally named as Shelter Pharmacy, was converted from a Partnership Firm "M/s Shelter Pharma" to a Public Limited Company under the name "Shelter Pharma Limited" on 12 October, 2007 with the Registrar of Companies, Gujarat. The Company is being promoted by Mr. Mustaqim Nisarahmed Sabugar and Mr. Shakil Nisarahmed Sabugar. The Company primarily focuses in manufacturing of ayurvedic and herbal products with well-built presence in Human Pharma as well as Veterinary space. The Company started with a few products about decades back. However, over a period of time, it has added products to portfolio through in-house R & D efforts backed by sound knowledge of Ayurveda. The business was slowly expanded from local presence in Himmatnagar to well spread presence in the State of Gujarat. The Company remained a family enterprise before incorporation of the Company with a consolidated position in Gujarat. Introduction of new generation of promoters, set up of new companies around 2007 brought new ideas and aspirations to the business. The Company has reworked its organizational structure, product portfolio, distribution network, pricing, packaging and internal processes. It also invested substantially in strengthening infrastructure with fresh fund infusion to improve its manufacturing capacity in Himmatnagar. Apart from these, it sources required raw material from nearby villages, directly from farmers. It has long relationships with farmers, giving an assured supply of herbs and plants. It focuses on rural/semi urban market as its clientele to offer high quality price competitive remedies to villages. As of now, the Company is present in most of non-critical segment of Human as well as Veterinary Pharma through its well spread portfolio. It enjoys a good product acceptance and market share in the State of Gujarat. In the Human pharma segment, the Company has product portfolio of OTC products as well Ethical pharma products. Similarly, it has OTC and Ethical presence in Veterinary segment. It has a respectable track record of efficacy of its products. Presently, it is moving aggressively to tap these opportunities with geographical expansion backed by intense marketing & branding efforts. The Company is planning to issue 38,50,000 Equity Shares by raising of capital amounting to Rs 20.02 crore through Fresh Issue.

Shelter Pharma share price as on 17 Jul 2024 is Rs. 58.69. Over the past 6 months, the Shelter Pharma share price has decreased by 20.74% and in the last one year, it has increased by 39.87%. The 52-week low for Shelter Pharma share price was Rs. 37.5 and 52-week high was Rs. 80.9.