Support and Resistance Levels
Past performance
About Shelter Pharma Ltd Shelter Pharma Ltd, established in 2007, specializes in manufacturing ayurvedic and herbal products for both human and veterinary use. Initially a local venture in Himmatnagar, Gujarat, the company has expanded its market presence across the state. Promoted by Mustaqim and Shakil Sabugar, Shelter Pharma has diversified its product portfolio through in-house R&D, leveraging deep knowledge of Ayurveda. The company sources raw materials directly from local farmers, ensuring a steady supply of quality herbs.
With a focus on rural and semi-urban markets, Shelter Pharma offers competitively priced remedies and has a strong market share in non-critical segments of both Human and Veterinary Pharma. The company is aggressively pursuing geographical expansion backed by strategic marketing and branding efforts. To support these initiatives, Shelter Pharma plans to issue 38,50,000 equity shares, raising Rs 20.02 crore to enhance its manufacturing capacity and infrastructure.