FREE Account Opening + No Clearing Fees
Loading...

Aristo Bio-Tech and Lifescience Limited IPO (Aristo Bio-Tech and Lifescience IPO) Detail

January 16, 2023 - January 19, 2023

Aristo Bio-Tech and Lifescience IPO is a fixed price issue of Rs 13.05 crores. The issue is entirely a fresh issue of 18.13 lakh shares.

Aristo Bio-Tech and Lifescience IPO bidding started from January 16, 2023 and ended on January 19, 2023. The allotment for Aristo Bio-Tech and Lifescience IPO was finalized on Tuesday, January 24, 2023. The shares got listed on NSE SME on January 30, 2023.

Aristo Bio-Tech and Lifescience IPO price is ₹72 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹115,200. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹230,400.

Beeline Capital Advisors Pvt Ltd is the book running lead manager of the Aristo Bio-Tech and Lifescience IPO, while Link Intime India Private Ltd is the registrar for the issue. The market maker for Aristo Bio-Tech and Lifescience IPO is Sunflower Broking.

Refer to Aristo Bio-Tech and Lifescience IPO RHP for detailed information.

Aristo Bio-Tech and Lifescience IPO Details

IPO Date January 16, 2023 to January 19, 2023
Listing Date January 30, 2023
Face Value ₹10 per share
Price ₹72 per share
Lot Size 1600 Shares
Total Issue Size1,812,800 shares
(aggregating up to ₹13.05 Cr)
Fresh Issue1,812,800 shares
(aggregating up to ₹13.05 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Market Maker portion91,200 shares
Sunflower Broking

Aristo Bio-Tech and Lifescience IPO Reservation

Aristo Bio-Tech and Lifescience IPO offers 1,812,800 shares. 860,800 (47.48%) to NII, 860,800 (47.48%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered91,200 (5.03%)
Other Shares Offered860,800 (47.48%)
Retail Shares Offered860,800 (47.48%)
Total Shares Offered1,812,800 (100%)

Aristo Bio-Tech and Lifescience IPO Timeline (Tentative Schedule)

Aristo Bio-Tech and Lifescience IPO opens on January 16, 2023, and closes on January 19, 2023.

IPO Open Date Monday, January 16, 2023
IPO Close Date Thursday, January 19, 2023
Basis of Allotment Tuesday, January 24, 2023
Initiation of Refunds Wednesday, January 25, 2023
Credit of Shares to Demat Friday, January 27, 2023
Listing Date Monday, January 30, 2023
Cut-off time for UPI mandate confirmation 5 PM on January 19, 2023

Aristo Bio-Tech and Lifescience IPO Lot Size

Investors can bid for a minimum of 1600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 1600 ₹115,200
Retail (Max) 1 1600 ₹115,200
HNI (Min) 2 3,200 ₹230,400
Lot Size Calculator

Aristo Bio-Tech and Lifescience IPO Promoter Holding

Mr. Narendra Singh Barhat, Mrs. Kusum Narendra Singh Barhat and Mr. Ketankumar Harkantbhai Joshi are the promoters of the company.

Share Holding Pre Issue 100.00%
Share Holding Post Issue 73.37%

About Aristo Bio-Tech and Lifescience Limited

Incorporated in 2005, Aristo Bio-Tech and Lifescience Limited is an agrochemical company. They are mainly engaged in the manufacturing, formulation, supplying, packaging, and job work services of various Pesticides.

They deliver their products in India as well as engage in exporting products like Insecticides, Herbicides, Fungicides, Plant Growth Regulators, and a wide variety of other Agrochemicals.

The industry Aristo Bio-Tech and Lifescience is engaged in, is full of possibilities where the entities deal in the production and distribution of pesticides and fertilizers. All these entities contribute towards enhancing crop yields and their quality.

Aristo Bio-Tech and Lifescience are delivering their products in over 20 states of India. Also, the offerings are extended to over 15 countries, including Armenia, Australia, Bangladesh, Belgium, Cambodia, Germany, Italy, Kenya, Moldova, New Zealand, Poland, South Africa, UAE, Ukraine, and Vietnam.

The company is ISO 9001: 2015 certified for their Quality Management System. Following are the products of Aristo:

  • Herbicides/Weedicides
  • Fungicides
  • Plant Growth Regulator
  • Insecticides

Alongside undertaking manufacturing operations, the company also provide Contract manufacturing, Job work and Toll manufacturing services for Crop Protection companies.

Company Financials

Aristo Bio-Tech and Lifescience Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-208,785.1220,123.94100.741,230.51731.011,970.97
31-Mar-218,141.7316,722.96107.571,338.08838.582,224.77
31-Mar-227,700.1616,603.29146.171,484.25984.752,548.43
30-Sep-2210,869.1412,907.49258.901,743.151,243.652,935.53
Amount in ₹ Lakhs

Key Performance Indicator

The market capitalization of Aristo Bio-Tech and Lifescience IPO is Rs 49.02 Cr.

Pre IPO Post IPO
P/E (x) 9.46

Objects of the Issue (Aristo Bio-Tech and Lifescience IPO Objectives)

The Net Proceeds from the Fresh Issue will be utilized towards the following objects:

  1. To Meet Working Capital Requirement
  2. General Corporate Purpose
  3. To Meet the Issue Expenses

Aristo Bio-Tech and Lifescience IPO Review (May apply)

[Dilip Davda]  Based on its super earnings for H1 of FY23, the IPO is fully priced discounting all near-term positives. The sustainability of such margins going forward is a major concern. The segment too is becoming crowded and highly competitive. Post-IPO small paid-up equity also indicates longer gestation for migration to the main board. Well-informed investors may park funds with a long-term perspective. Read detail review...


Aristo Bio-Tech and Lifescience IPO Subscription Status (Bidding Detail)

The Aristo Bio-Tech and Lifescience IPO is subscribed 217.72 times on January 19, 2023 7:00:00 PM. The public issue subscribed 149.59 times in the retail category, times in the QIB category, and 285.84 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
Other285.84
Retail149.59
Total217.72

Aristo Bio-Tech and Lifescience IPO Prospectus

Aristo Bio-Tech and Lifescience IPO Rating

338
4.0
Rating:Rated 4.0 stars
Vote Here ...

Aristo Bio-Tech and Lifescience IPO Listing Details

Listing Date January 30, 2023
BSE Script Code
NSE Symbol ARISTO
ISIN INE082101010
Final Issue Price ₹72 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
NSE SME
₹72.00
₹80.00
₹76.05
₹84.00
₹84.00

Check IPO Performance…

Aristo Bio-Tech and Lifescience Limited Contact Details

Aristo Bio-Tech and Lifescience Limited
E-24,25,26, G.I.D.C. Manjusar,
Ta. Savli,
Vadodara – 391775
Phone: +91-2667-264843
Email: cs@aristobiotech.com
Website: http://www.aristobiotech.com/

Aristo Bio-Tech and Lifescience IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: aristobio.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html

Aristo Bio-Tech and Lifescience IPO - Buy or Not

Aristo Bio-Tech and Lifescience IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 3 1 2

Read All Reviews Post Your Review Manage Reviews

SME IPO Enquiry

SME Company Owners
We could help you get listed on the stock market.

Contact us Today

Check our SME IPO Guide New

Aristo Bio-Tech and Lifescience IPO FAQs

Aristo Bio-Tech and Lifescience IPO is a SME IPO of 1,812,800 equity shares of the face value of ₹10 aggregating up to ₹13.05 Crores. The issue is priced at ₹72 per share. The minimum order quantity is 1600 Shares.

The IPO opens on January 16, 2023, and closes on January 19, 2023.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in Aristo Bio-Tech and Lifescience IPO using UPI as a payment gateway. Zerodha customers can apply in Aristo Bio-Tech and Lifescience IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Aristo Bio-Tech and Lifescience IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Aristo Bio-Tech and Lifescience IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Aristo Bio-Tech and Lifescience IPO opens on January 16, 2023 and closes on January 19, 2023.

Aristo Bio-Tech and Lifescience IPO lot size is 1600 Shares, and the minimum amount required is ₹115,200.

You can apply in Aristo Bio-Tech and Lifescience IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Aristo Bio-Tech and Lifescience IPO will be done on Tuesday, January 24, 2023, and the allotted shares will be credited to your demat account by Friday, January 27, 2023. Check the Aristo Bio-Tech and Lifescience IPO allotment status.

The Aristo Bio-Tech and Lifescience IPO listing date is on January 30, 2023.
Open an Instant Account with Zerodha

Aristo Bio-Tech and Lifescience IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Members with Most Likes

Loading...

771 Comments

286. Ipomania |   Link |  Bookmark |February 23, 2023 6:10:50 PM
To,
The Manager-Listing
National Stock Exchange of India Limited
Exchange Plaza, Bandra Kurla Complex,
Mumbai – 400051
Respected Sir/Ma’am,
Sub: Update under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015.
Ref: Aristo Bio-Tech and Lifescience Limited (Symbol: - ARISTO, ISIN: - INE082101010)
In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are
pleased to inform that our Company has received Letter of Intent from National Fertilizers Limited (NFL), a
government of India undertaking stating tender for supply of various Agrochemicals on FOR basis at various state
warehouses of NFL.
The said receipt of Tender of worth Rs. 13.56 Crores would enhance the customer base and would attribute towards
profitability of the Company.
Further Details with respect to said order as required under regulation 30 of listing regulations read with SEBI circular
CIR/CFD/CMD/4/2015 dated September 09, 2015 are Provided herewith.
You are requested to kindly note the same.
Thanking you,
Yours faithfully,
For Aristo Bio-Tech And Lifescience Limited
Narendra Singh Barhat
(Chairman cum Managing Director)
DIN: 00310306

Place: Vadodara
Encl: A/a
NARENDRA
SINGH BARHAT
Digitally signed by
NARENDRA SINGH
BARHAT
Date: 2023.02.23
13:07:18 +05'30'
285. Ipomania |   Link |  Bookmark |February 23, 2023 5:12:39 PM
Aristo received order of around 13 cr from NFL..
284. KRavi |   Link |  Bookmark |February 15, 2023 3:34:35 PM
Any retailer still holding Aristo bio-tech.
I see HNI's are still holding.
284.1. Ipomania |   Link |  Bookmark |February 15, 2023 7:15:32 PM
Yes I am still holding
283. Ipomania |   Link |  Bookmark |February 13, 2023 9:35:08 AM
In Aristo today circuit is 20 percent hold it tightly for good return..
282. Ipomania |   Link |  Bookmark |February 7, 2023 6:59:41 PM
From Monday circuit is revised to 20 percent and today 100 percent delivery
of stock. Hope for the best..
281. Elon Rusk |   Link |  Bookmark |February 6, 2023 11:30:38 AM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
This is good example for retailers to not buy just because some senior investors in this forum are buying in bulk even after poor listing. Always do your own analysis before buying. Now its below IPO price.
281.3. Elon Rusk |   Link |  Bookmark |February 6, 2023 12:18:20 PM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
No. I am not an expert to suggest any stock. I just apply good SME IPO but never got any allotment. This i wanted to buy since it listed way low then expected price but didnt due to adani and market down sentiment. Now market is ok but still this is down.
281.4. Jonsnow |   Link |  Bookmark |February 6, 2023 12:47:10 PM (300+ Posts)
Going by the recent trend of smes....I think it will continue its down trend....but smes are so unpredictable..
280. Takamichi |   Link |  Bookmark |February 3, 2023 6:45:55 PM
IPO Mentor IPO Mentor (800+ Posts, 700+ Likes)
The price is intentionally being kept low....
Just when LC broke and chances of closing on high came, someone put a big sell order of around 32k shares so the sell ordeer looked big ..... It may soon show good up movement.....
PS: haven't bought this share ....may buy if shows good buying on Monday ....
280.1. Jonsnow |   Link |  Bookmark |February 3, 2023 9:04:36 PM (300+ Posts)
Bhai most of the smes are going down from listing price and struggling to get back to their listing price...Should one take position in this counter?..What positives u see.
280.2. sprint |   Link |  Bookmark |February 4, 2023 8:03:08 AM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Dont jump in too quick into this counter, it is expected to suffer for few months continuously until the next harvesting season and good rain prediction comes..
This sector was expecting some boost from Budget 2023, but nothing came in... also you can check the condition of India pesticides and Dharmaj Crop gaurd (main board) as a reference before jump in for this.

I too got lured to pick one lot since it is almost available at IPO price, also I felt, being an SME, it may recover way faster than main board similar companies once the favorable situations comes to the sector and did bit more research yesterday (gone through one and half hour IPO road show presentation and QnA)..

After watching this (note that it is IPO investor presentation video, I checked only for my personal interest of taking buying decision single lot now) and felt not to immediately buy due to below reason;

currently, technical trade-in contributing 30% of revenue which I felt it is very higher side to the core manufacturing company. (Technical-trade in means: Active ingredient trading, just buy from vendor and sell it as such for customer), this can be done by anybody without mfg. setup.

Other than this management looks very genuine in all other Q&A session answers (Source: youtube)

Dscl: the above is only based on Fundamental wise, and I have been proven very much wrong many times when I followed only fundamentals in SMEs and still I want to stick to that, hence you can take your own call.
279. Ipomania |   Link |  Bookmark |February 3, 2023 1:49:05 PM
If you have believe in your stock you can hold acha maal saste me chahiye sabko if you have capability then you can hold
279.1. Elon Rusk |   Link |  Bookmark |February 3, 2023 2:40:44 PM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Can you justify why to hold this based on fundamentals?
PS: I dont have allotment but want to buy
278. Ipomania |   Link |  Bookmark |February 3, 2023 9:42:31 AM
Day by day sellers are decreasing kisi bhi time game palat sakta hai..
278.1. Elon Rusk |   Link |  Bookmark |February 3, 2023 9:52:34 AM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Daily Going down after UC on listing day. Today LC. Game kab paltega
278.2. Elon Rusk |   Link |  Bookmark |February 3, 2023 10:17:01 AM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Sellers also increased now. No buyers
277. Ipomania |   Link |  Bookmark |February 2, 2023 10:17:26 PM
Dear all pattern is same day by day volume is decreasing and buyers want stock at a lower price ..hold it for long term
276. Ipomania |   Link |  Bookmark |February 2, 2023 12:29:58 PM
Due to market condition selling pressure is high but stock is good hold it for long term
276.3. Elon Rusk |   Link |  Bookmark |February 7, 2023 5:11:51 PM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Hopefully tomorrow will hit UC.
276.4. Kapz |   Link |  Bookmark |February 8, 2023 11:15:53 AM
IPO Mentor IPO Mentor (500+ Posts, 200+ Likes)
@Elon Rusk, finally, it did hit the UC today. Let’s hope for the best to continue.. 🤞
275. Romy HNI |   Link |  Bookmark |February 2, 2023 12:27:09 PM
IPO Mentor IPO Mentor (500+ Posts, 400+ Likes)
Aristo was showing GMP of 69% during Subscription last day.....even after allotment was showing GMP of 50%...

At listing it never crossed 20% premium at is available at 5% premium......

Whats the relevance of GMP shown during subscription days.....

What action available to small investors who have applied based on GMP figures....

Any views????
275.1. Elon Rusk |   Link |  Bookmark |February 3, 2023 2:43:15 PM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
There are many examples to not trust GMP for SME IPOs recent one was Moxsh and Homesify. One listed way below and one way above. GMP for SME can be manipulated easily.
274. KRavi |   Link |  Bookmark |February 2, 2023 9:58:14 AM
Hi Anant Agarwal,

You bought 158 lots in open market worth of 2.1Cr approx 14% of total issue size.
Please let me know what potentiality did you see.
What makes it worth...
273. SSingh |   Link |  Bookmark |February 2, 2023 8:54:58 AM
IPO Guru IPO Guru (1300+ Posts, 700+ Likes)
Looks like when someone buys a good quantity of shares and that person is not within the known circle then the price is hammered to create panic for all such investors! Please share your views on this.
272. Jonsnow |   Link |  Bookmark |February 1, 2023 4:37:40 PM (300+ Posts)
Is this a good buy at cmp?
271. Gagz |   Link |  Bookmark |February 1, 2023 1:13:56 PM
Available @2500.
270. Ipomania |   Link |  Bookmark |January 31, 2023 10:58:51 AM
Hold this stock it will give good return.
269. Romy HNI |   Link |  Bookmark |January 31, 2023 10:40:55 AM
IPO Mentor IPO Mentor (500+ Posts, 400+ Likes)
Please dont create confusion by discussing other shares on this platform of Aristo....Why don't you discuss Varanium on Varanium's platform
268. CAAnil |   Link |  Bookmark |January 31, 2023 9:19:41 AM
With the change in rules to t+1, can btst done now in sme shares.
267. anantagg |   Link |  Bookmark |January 30, 2023 11:15:58 PM
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Listing price was decent and thats why i bought more than 1l shares.

Right now EV/EBTDA is 4.85X which is very very decent and PE 8.4.

267.1. Noorul |   Link |  Bookmark |January 30, 2023 11:27:06 PM
But you won't hold it for too long. After 10-15% rise from here.. you will sell most of the holding.. anyways your money yours choice. Good luck.