Aristo Bio-Tech and Lifescience IPO is a SME IPO.
Aristo Bio-Tech and Lifescience IPO Details
| IPO Date | Jan 16, 2023 to Jan 19, 2023 |
| Listing Date | [.] |
| 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. |
IPO Tentative Timetable
| 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 26, 2023 |
| Listing Date | Jan 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
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹115,200 |
| Retail (Max) | 1 | 1600 | ₹115,200 |
| HNI (Min) | 2 | 3,200 | ₹230,400 |