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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 a wide canvas 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:
Alongside undertaking manufacturing operations, the company also provide Contract manufacturing, Job work and Toll manufacturing services for Crop Protection companies.
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth |
|---|---|---|---|---|
| 31-Mar-20 | 8785.12 | 20123.94 | 100.74 | 1230.51 |
| 31-Mar-21 | 8141.73 | 16722.96 | 107.57 | 1338.08 |
| 31-Mar-22 | 7700.16 | 16603.29 | 146.17 | 1484.25 |
| 30-Sep-22 | 10869.14 | 12907.49 | 258.9 | 1743.15 |
| Amount in ₹ Lakhs | ||||
The Net Proceeds from the Fresh Issue will be utilized towards the following objects:
| IPO Date | Jan 16, 2023 to Jan 19, 2023 |
| Listing Date | Monday, January 30, 2023 |
| Face Value | ₹10 per share |
| Price | ₹72 per share |
| Lot Size | 1600 Shares |
| Issue Size | 1,812,800 shares of ₹10 (aggregating up to ₹13.05 Cr) |
| Fresh Issue | 1,812,800 shares of ₹10 (aggregating up to ₹13.05 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| P/E (x) | 24.57 |
| NII (HNI) Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 50% of the Net Issue |
| Market Maker | SUNFLOWER BROKING PVT. LTD. |
| Company Promoters | Mr. Narendra Singh Barhat, Mrs. Kusum Narendra Singh Barhat and Mr. Ketankumar Harkantbhai Joshi are the promoters of the company. |
Aristo Bio-Tech and Lifescience IPO opens on Jan 16, 2023, and closes on Jan 19, 2023. The Aristo Bio-Tech and Lifescience IPO bid date is from Jan 16, 2023 10.00 A.M. to Jan 19, 2023 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.
| Event | Tentative Date |
|---|---|
| Opening Date | Jan 16, 2023 |
| Closing Date | Jan 19, 2023 |
| Basis of Allotment | Jan 24, 2023 |
| Initiation of Refunds | Jan 25, 2023 |
| Credit of Shares to Demat | Jan 27, 2023 |
| Listing Date | Jan 30, 2023 |
The Aristo Bio-Tech and Lifescience IPO lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹115,200).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹115,200 |
| Retail (Max) | 1 | 1600 | ₹115,200 |
| HNI (Min) | 2 | 3,200 | ₹230,400 |
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.37% |
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...
The Aristo Bio-Tech and Lifescience IPO is subscribed 217.72 times on Jan 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)
| Category | Subscription (times) |
|---|---|
| NII | 285.84 |
| Retail | 149.59 |
| Total | 217.72 |
| Listing Date | Monday, January 30, 2023 |
| BSE Script Code | |
| NSE Symbol | ARISTO |
| Listing In | |
| ISIN | |
| IPO Price | ₹72 per share |
| Face Value | ₹10 per share |
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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/
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: aristobio.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Are you an SME company looking for an IPO to raise funds and get listed in the stock market? We can help. Contact us today... SME IPO Enquiry Form
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 Jan 16, 2023, and closes on Jan 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
Visit Zerodha IPO Application Process Review for more detail.
The Aristo Bio-Tech and Lifescience IPO opens on Jan 16, 2023 and closes on Jan 19, 2023.
Aristo Bio-Tech and Lifescience IPO lot size is 1600 Shares and the minimum order quantity is .
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 Jan 24, 2023, and the allotted shares will be credited to your demat account by Jan 27, 2023. Check the Aristo Bio-Tech and Lifescience IPO allotment status.
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