Aristo Bio-Tech and Lifescience Limited IPO Details

Aristo Bio-Tech and Lifescience IPO is a SME IPO.

Aristo Bio-Tech and Lifescience IPO Details

IPO DateJan 16, 2023 to Jan 19, 2023
Listing Date[.]
Face Value₹10 per share
Price₹72 per share
Lot Size1600 Shares
Issue Size1,812,800 shares of ₹10
(aggregating up to ₹13.05 Cr)
Fresh Issue1,812,800 shares of ₹10
(aggregating up to ₹13.05 Cr)
Issue TypeFixed Price Issue IPO
Listing AtNSE SME
P/E (x)24.57
NII (HNI) Shares Offered50% of the Net Issue
Retail Shares Offered50% of the Net Issue
Market MakerSUNFLOWER BROKING PVT. LTD.
Company PromotersMr. Narendra Singh Barhat, Mrs. Kusum Narendra Singh Barhat and Mr. Ketankumar Harkantbhai Joshi are the promoters of the company.

IPO Tentative Timetable

EventTentative Date
Opening DateJan 16, 2023
Closing DateJan 19, 2023
Basis of AllotmentJan 24, 2023
Initiation of RefundsJan 25, 2023
Credit of Shares to DematJan 26, 2023
Listing DateJan 27, 2023

Aristo Bio-Tech and Lifescience Limited is an agrochemical business founded in 2005. They are mostly involved in various pesticides’ production, formulation, distribution, supply, packaging, and job work.

They export products including insecticides, herbicides, fungicides, plant growth regulators, and a wide range of other agrochemicals in addition to delivering their goods to India.

The sector in which Aristo Bio-Tech and Lifescience operates is a vast one filled with opportunities. Entities involved in this sector produce and distribute fertilizers and insecticides. Each of these organizations helps to raise crop yields and crop quality.

More than 20 Indian states are receiving items from Aristo Bio-Tech and Lifescience. Also included in the list of countries where the services are offered are Armenia, Australia, Bangladesh, Belgium, Cambodia, Germany, Italy, Kenya, Moldova, New Zealand, Poland, South Africa, the United Arab Emirates, Ukraine, and Vietnam.

The company’s Quality Management System has been awarded ISO 9001: 2015 certification. The following are items made by Aristo:

Herbicides/Weedicides
Fungicides, insecticides, and plant growth regulators
Along with carrying out manufacturing operations, the company also offers Crop Protection companies contract manufacturing, job work, and toll manufacturing services.

Aristo Bio-Tech and Lifescience IPO Lot Size

ApplicationLotsSharesAmount
Retail (Min)11600₹115,200
Retail (Max)11600₹115,200
HNI (Min)23,200₹230,400
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