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 |
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:
- To Meet Working Capital Requirement
- General Corporate Purpose
- 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
