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Aristo Bio-Tech & Lifescience IPO

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Aristo Bio Tech IPO Details

  • Open Date 16-Jan-23
  • Close Date 19-Jan-23
  • Lot Size 1600
  • IPO Size ₹ 13.05 Cr
  • IPO Price Range ₹ 72
  • Min Investment -
  • Listing Exchange -
  • Basis of Allotment TBA
  • Refunds TBA
  • Credit to Demat Account TBA
  • Listing Date TBA

Aristo Bio-Tech & Lifescience IPO Subscription Status

Date NII Retail TOTAL
16-Jan-23 1.09x 3.24x 2.17x
17-Jan-23 3.45x 15.38x 9.41x
18-Jan-23 18.62x 44.14x 31.38x
19-Jan-23 285.84x 149.59x 217.72x

Aristo Bio Tech IPO Synopsis

Aristo Biotech and Lifescience IPO opens on January 16, 2023, and closes on January 19, 2023. The issue consists of issuance of 18,12,800 Equity Shares at Rs. 10 aggregating to Rs. 13.05 crores. The lot size is fixed at 1600. The shares will be allotted on 24th January while the issue will be allotted on 27th January. 

The issue constitutes 26.63% of the post-issue paid-up capital of the company. ABLL is spending Rs. 1.20 cr. for this IPO process and from the net proceeds, it will use Rs. 9.35 cr. for working capital and Rs. 2.50 cr. for general corporate purposes. 

Objective of the Aristo Biotech and Lifescience IPO

The net proceeds from the issue will be used for:

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

About Aristo Bio-Tech & Lifescience

Aristo Bio-Tech and Lifescience Ltd. (ABLL) is an agrochemical business that produces a variety of pesticides for both domestic use in India and export, including insecticides, herbicides, fungicides, plant growth regulators, and other agrochemicals.

The production and distribution of pesticides and fertilisers to boost crop yields is the focus of the enormous agrochemical industries. Pesticides and agrochemicals (also known as crop protection products or pesticides) are used to protect crops from weeds, insects, and diseases. 182 products are currently registered by the business with CIB&RC for manufacturing and sales.

In addition to 20 Indian states (Assam, Andhra Pradesh, Bihar, Chhattisgarh, Gujarat, Haryana, Jammu & Kashmir, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Odisha, Punjab, Rajasthan, Tamil Nadu, Telangana, Uttarakhand, Uttar Pradesh, West Bengal), ABLL also exports its goods to 15 other nations (Armenia, Australia, Bangladesh, Belgium, Cambodia, Germany, Italy, Kenya, Moldova, New Zealand, Poland, South Africa, UAE, Ukraine, and Vietnam.

In addition to producing agrochemicals like insecticides, herbicides, fungicides, and plant growth regulators that are sold directly to customers, the company also performs job work as requested by clients. The Company had 55 employees on the payroll as of September 30, 2022.

Additionally, it has entered into agreements with a few parties to market the company's products under mutually agreed-upon terms and conditions. The brands of the relevant parties are used to market the products.
 

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY22 FY21 FY20
Revenue from operations 19116.57 19606.48 23550.30
EBITDA  550.27  435.63  451.66 
PAT 146.17  107.57 100.74
Particulars (in Rs. Crores) FY22 FY21 FY20
Total Assets 7700.16 8141.73 8785.12
Share Capital 499.5 499.5 499.5
Total Borrowings 2548.43 2224.77 1970.97
Particulars (in Rs. Crores) FY22 FY21 FY20
Net cash generated from / (used in) operating activities 682.25 228.41 140.70 
Net cash from / (used in) investing activities 318.61 197.78 219.23
Net cash flow from / (used in) financing activities 333.23 71.91 87.25 
Net increase (decrease) in cash and cash equivalents 41.64  11.23  52.51

Peer Comparison

Name of the Company Total Income (in 
Rs. lakhs)  
Basic EPS  NAV Rs. 
per share 
PE RoNW%
Aristo Biotech and Lifescience  16603.29  2.90  29.69 24.57 10%
Dhanuka Agritech Limited  151136  44.85 206.19 16.07  21.95%
 Meghmani Organics Limited  2,59,020.66  11.97  57.65  10.28 20.80% 


Aristo Bio Tech IPO Key Points

  • Strengths

    ●  Experienced management and a well-trained employee base
    ●  Existing client relationship
    ●  Quality Assurance and Standards
    ●  Innovative Ideas
    ●  Scalable Business Model
    ●  Cost-effective production and timely fulfilment of orders
     

  • Risks

    ● Changes in laws and regulations relating to the sectors/areas in which it operates 
    ● Inability to identify the new premises may adversely affect the operations, finances and profitability of the Company
    ●  Uncertainty regarding the market, land prices, economic conditions and other factors beyond its control
    ●  Inability to identify or effectively respond to consumer needs, expectations or trends in a timely manner
    ●  Changes in government policies and regulatory actions
     

How to apply for IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Aristo Bio Tech IPO FAQs

What is the price band of the Aristo Bio-Tech and Lifescience IPO?

The price of the Aristo Bio-Tech and Lifescience IPO is Rs. 72 per share.

When does Aristo Bio-Tech and Lifescience IPO the issue open and close?

The Aristo Bio-tech IPO opens on 16th January and closes on 19th January. 

What is the size of Aristo Bio-tech IPO?

The Aristo Bio-Tech and Lifescience IPO consists of 1,812,800 Equity Shares.

What is the allotment date of Aristo Biotech IPO?

The allotment date of the Aristo Biotech IPO is 24th January

What is the Aristo Bio-tech IPO listing date?

The listing date for the Aristo Bio-Tech and Lifescience IPO is 27th January. 

What is the minimum lot size and investment required for the Aristo Bio-tech IPO?

The Aristo Bio-Tech and Lifescience IPO lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹115,200).

What is the objective of the Aristo Bio-Tech and Lifescience IPO?

The net proceeds from the issue will be used for:
●    Investment in relation to the new unit set up by the wholly owned subsidiary, Meeta Castings Limited (MCL).
●    General Corporate purposes.
 

How to apply for the Aristo Bio-tech IPO?

To apply for the IPO, follow the steps given below
●    Login to your 5paisa account and select the issue in the current IPO section
●    Enter the number of lots and price at which you wish to apply for
●    Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
●    You will receive a mandate notification to block funds in your UPI app

Who are the promoters/key personnels of Aristo Bio-tech?

The Aristo Bio-Tech and Lifescience IPO Promotors are there:
●    Mr Narendra Singh Barhat
●    Kusum Narendra Singh Barhat
●    Ketankumar Harkantbhai Joshi
 

Who are the book runners for Aristo Bio-tech IPO?

Beeline Capital Advisors Pvt Ltd is the book-running lead manager to the issue.

Contact Details of Aristo Bio-Tech & Lifescience IPO

Contact Information

Aristo Bio-Tech and Lifescience Limited

E-24,25,26, G.I.D.C. Manjusar,
Ta. Savli,
Vadodara – 391775
Phone: +91-2667-264843
Email: cs@aristobiotech.com
Website: http://www.aristobiotech.com/

Aristo Bio-Tech & Lifescience IPO Register

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: aristobio.ipo@linkintime.co.in
Website: https://linkintime.co.in/

Aristo Bio-Tech & Lifescience IPO Lead Manager

Beeline Capital Advisors Pvt Ltd