Aristo Bio-Tech and Lifescience Limited IPO : Highlights

Aristo Bio-Tech and Lifescience Limited IPO is set to launch on 16 Jan., 2022. The company initiated its business operations in 2005. It works in the agrochemical business segment. The company is involved in manufacturing, supplying, formulation, job work and packaging of various pesticides. The product portfolio of the company includes products such as Herbicides, Insecticides, Fungicides, variety of agrochemicals and Growth Regulators. 

Aristo Bio-Tech and Lifescience Limited delivers its products to more than 19 states in India. Its work outside India is spread across 15 countries including UAE, New Zealand, Italy, Germany, Armenia, Bangladesh, Australia, Belgium, Cambodia, Moldova, South Africa, Poland, Ukraine, Vietnam etc.

Aristo Bio-Tech and Lifescience Limited IPO DETAILS

Aristo Bio-Tech and Lifescience Limited IPO is set to launch on 16 Jan., 2022. The subscription timeline extends till 19 Jan, 2023. The size for the IPO is 13.05 Crore Rs.. Shares issued through fresh issues are worth 13.05 Crore Rs. No shares are issued through Offer For Sale mode. The lot size is 1600 shares and the price is 72 Rs per share. The company is going to get listed at NSE SME. The face value per share is Rs.10 and this is a Fixed Price issue. The registrar for the company is Link Intime India Private Limited. 

Tabular Description of Aristo Bio-Tech and Lifescience Limited IPO

IPO OPENING DATE	16 Jan., 2022
CLOSING DATE FOR IPO	19 Jan, 2023
ISSUE TYPE	Fixed Price Issue
Face Value per share	10 Rs. per share
IPO price band	72 Rs. per share
LOT SIZE	1600 shares
MINIMUM ORDER QUANTITY	1600 shares
ISSUE SIZE	13.05 Crore Rs.
OFFER FOR SALE	No shares offered through this mode
FRESH ISSUE	13.05 Crore Rs.
LISTING AT	NSE SME
LISTING DATE	27 Jan, 2023

IMPORTANT DATES

IPO OPENING DATE	16 Jan., 2022
CLOSING DATE FOR IPO	19 Jan, 2023
IPO ALLOTMENT DATE	24 Jan, 2023
REFUNDS	25 Jan, 2023
DEMAT A/C CREDITED ON	26 Jan, 2023
IPO LISTING DATE	27 Jan, 2023

Aristo Bio-Tech and Lifescience Limited IPO begins for subscription from 16 Jan., 2022. The IPO subscription would continue till 19 Jan, 2023. The allotment status for the shareholders who applied would come on 24 Jan, 2023. The refunds for the ones who did not get allotment would be initiated on 25 Jan, 2023. The DEMAT accounts of shareholders would be credited on 26 Jan, 2023. The listing of the company would be accompanied on 27 Jan, 2023.

Lead Managers

The lead managers are :

• Beeline Capital Advisors Private Limited

The minimum lot size for the company is decided at 1600 shares. This holding accounts to  115200 Rs.. The maximum lot size is decided at 3200 shares (HNI). This amounts to 230400 Rs.. Hence the company’s final holdings would be set as :

	Shares	Amount
Minimum	1600 shares	115200 Rs.
Maximum	3200 shares	230400 Rs.

OBJECTIVES FOR THE IPO

• For General corporate purposes.
• The funds can be used for working capital requirements.

COMPANY FINANCIALS

Particularly (in Lakh Rs.)	2021-22	2020-21	2019-20
ASSETS	7700	8141	8785
Revenue	20123	16722	16603
PAT	146	108	101

Aristo Bio-Tech and Lifescience Limited had an asset base of 7700 Lakh Rs in 2022. The same was 8141 Lakh Rs in 2021 and 8785 Lakh Rs in 2020. The company has a revenue income of 20123 Lakh Rs in 2022, 16722 Lakh Rs in 2021 and 16603 Lakh Rs in 2020. This proves that despite the decreasing asset base of the company it has maintained its revenue growth over time. On the other hand the profit of the company has also shown growth over the years. The company’s profits were 101 Lakh Rs in 2020 which increased to 108 Lakh Rs in 2021 and 146 Lakh Rs in 2022.

PROS

• The product portfolio of the company includes products such as Herbicides, Insecticides, Fungicides, variety of agrochemicals and Growth Regulators.
• Aristo Bio-Tech and Lifescience Limited delivers its products to more than 19 states in India. Its work outside India is spread across 15 countries including UAE, New Zealand, Italy, Germany, Armenia, Bangladesh, Australia, Belgium, Cambodia, Moldova, South Africa, Poland, Ukraine, Vietnam etc.

CONS

• The company works in a highly competitive segment.

Aristo Bio-Tech and Lifescience Limited IPO APPLICATION PROCESS WITH ZERODHA

It is very easy to apply for an IPO now if you have a DEMAT account with Zerodha. Follow the steps below for the same :

1. Logging into Zerodha console through its website or KITE platform.
2. Clicking the IPO link present in the Portfolio section.
3. Click the Aristo Bio-Tech and Lifescience Limited IPO button and press the BID button.
4. Entering the details asked for like UPI ID, Quantity and price.
5. Submit the application form for the IPO.
6. Visiting the application of UPI for approving the transaction.

Now, applying for an IPO online is possible with most of the Discount and online brokers.