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Aristo Bio-Tech and Lifescience Limited IPO Detail

Aristo Bio-Tech and Lifescience Limited IPO Detail

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:

  • 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 Promoters

Mr. Narendra Singh Barhat, Mrs. Kusum Narendra Singh Barhat and Mr. Ketankumar Harkantbhai Joshi

IPO Details

IPO Opening DateJan 16, 2023
IPO Closing DateJan 19, 2023
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price ₹72 per equity share
Market Lot1600 Shares
Min Order Quantity1600 Shares
Listing AtNSE SME
Issue Size₹13.05 Cr
Fresh Issue₹13.05 Cr
Offer for Sale-
Retail Portion 50%

IPO Subscription (Bidding Detail)

AS On QIB SHNI BHNI NII RII TOTAL
Day 1 - - 1.09x 3.24x 2.17x
Day 2 - - 3.45x 15.38x 9.41x
Day 3 - - 18.62x 44.14x 31.38x
Day 4 - - 285.84x 149.59x 217.72x

IPO Tentative Timetable

The Aristo Bio-Tech and Lifescience Limited IPO open date is Jan 16, 2023, and the close date is Jan 19, 2023. The issue may list on Jan 30, 2023.

IPO Open DateJan 16, 2023
IPO Close DateJan 19, 2023
Basis of Allotment DateJan 24, 2023
Initiation of RefundsJan 25, 2023
Credit of Shares to Demat AccountJan 27, 2023
IPO Listing DateJan 30, 2023

IPO Lot Size

The Aristo Bio-Tech and Lifescience Limited IPO market lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹115200).

ApplicationLotsSharesAmount (Cut-off)
Minimum11600₹115200
Maximum11600₹115200

IPO Promoter Holding

Pre Issue Share Holding100.00%
Post Issue Share Holding73.37%

Company Financials:

For the year/period ended (₹ in Lakhs)

Financial Year Total Assets Total Revenue Profit After Tax
31-Mar-20 8785.12 20123.94 100.74
31-Mar-21 8141.73 16722.96 107.57
31-Mar-22 7700.16 16603.29 146.17
30-Sep-22 10869.14 12907.49 258.9

Objects of the Issue:

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 Limited IPO Registrar:

Link Intime India Private Ltd

Aristo Bio-Tech and Lifescience Limited IPO Lead Manager(s):

Beeline Capital Advisors Pvt Ltd

Company Contact Information:

Aristo Bio-Tech and Lifescience Limited

E-24,25,26, G.I.D.C. Manjusar,

Ta. Savli,

Vadodara – 391775