Aristo Bio-Tech IPO: GMP, Price, Dates, Issue Size

0
93
Rate this post

Aristo Bio-Tech is engaged in the manufacturing, formulation, supplying, packaging and job work services in various pesticides such as insecticides, herbicides, fungicides, plant growth regulators and a wide variety of other agrochemicals for India as well as for export. Currently, the company has 182 products registered with CIB&RC for manufacturing and sales. 

Aristo Bio-Tech IPO Details 

IPO Dates 16 – 19 January 2023 
IPO Price INR 72 per share 
Fresh issue 18,12,800 shares (INR 13.05 crore) 
Offer For Sale Nil 
Total IPO size 18,12,800 shares (INR 13.05 crore) 
Minimum bid (lot size) 1,600 shares (INR 115,200) 
Face Value  INR 10 per share 
Retail Allocation 50% 
Listing On NSE Emerge 
Ducol Organics IPO: GMP, Price, Dates, Issue size

Aristo Bio-Tech IPO Dates  

IPO Offer Opening Date 16 January 2023 
IPO Closing Date 19 January 2023 
Finalisation of Basis of Allotment 24 January 2023 
Initiation of refunds 25 January 2023 
Transfer of shares to demat accounts 26 January 2023 
IPO Listing Date 27 January 2023 
Opening Price on NSE SME Coming soon 
Closing Price on NSE SME Coming soon 

Company Overview 

The 2005 incorporation of the agrochemical business Aristo Bio-Tech and Lifescience Limited. They mostly work with the production, formulation, distribution, packaging, and job labour of different pesticides. In addition to delivering their goods to India, they also export products including insecticides, herbicides, fungicides, plant growth regulators, and a wide range 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 

Objects of the Issue 

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

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

Company Financials

 FY 2020 FY 2021 FY 2022 
EPS 2.02 2.15 2.93 
PE ratio – – 24.57 
RONW (%) 8.19 8.04 10.00 
NAV 24.63 26.79 29.71 

IPO Offer Lead Manager

BEELINE CAPITAL ADVISORS PRIVATE LIMITED
807, Phoenix, Opp. Girish Cold Drinks
Near Vijay Cross Roads, Navrangpura
Ahmedabad -380009, Gujarat
Phone : +91-79-48405357, 48406357
Email: mb@beelinemb.com
Website: www.beelinemb.com

IPO Offer Registrar

LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai – 400 083, Maharashtra
Telephone: +91-022-49186200
Email: aristobio.ipo@linkintime.co.in
Website: www.linkintime.co.in

Aristo Bio-Tech Contact Details

ARISTO BIO-TECH AND LIFESCIENCE LIMITED
E-24,25,26, G.I.D.C. Manjusar, Ta. Savli,
Vadodara – 391775, Gujarat, India
Phone: +91-2667-264843
E-mail: cs@aristobiotech.com
Website: www.aristobiotech.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here