Aristo Bio-Tech and Lifescience IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP
Last Updated Date: Mar 22, 2023Let’s have a detailed review of the company and analytics of the Aristo Bio-Tech and Lifescience IPO release date, IPO offer price, subscription, Aristo Bio-Tech and Lifescience Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.
| Face Value | Rs 10 |
| Price Band | Rs 72 |
| Listing At | NSE, SME |
| Min. Order Quantity | 1600 Shares |
| Listing Date | Jan 27, 2023 |
| Offer for Sale | Rs Lakh |
| Fresh Issue | Rs 1305.22 Lakh |
| IPO Size | Rs 1305.22 Lakh |
| Tick Size | 1 |
Aristo Bio-Tech and Lifescience IPO is listed at NSE, SME premium. Check out the live share price by clicking on the below link.
Aristo Bio-Tech and Lifescience IPO – Summary
Their Company is an agrochemical company 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.
Agrochemical industries are very vast fields and deal with the production and distribution of pesticides and fertilizers to increase crop yields. Agrochemicals (Crop protection products/pesticides) are designed to protect crops from insects, diseases and weeds.
The Promoter of this company is MR. NARENDRA SINGH BARHAT, MRS. KUSUM NARENDRA SINGH BARHAT AND MR. KETANKUMAR HARKANTBHAI JOSHI. The lead manager to the issue is BEELINE CAPITAL ADVISORS PRIVATE LIMITED, and the Registrar to this issue is LINK INTIME INDIA PRIVATE LIMITED.
Aristo Bio-Tech and Lifescience IPO Date
The opening and closing date of Aristo Bio-Tech and Lifescience IPO are Jan 16, 2023, and Jan 19, 2023.
Aristo Bio-Tech and Lifescience IPO Subscription
| Day / Date | NII | RII | Total Subscription |
| 1st Day – 16th Jan | 1.09x | 3.24x | 2.17x |
| 2nd Day – 17th Jan | 3.45x | 15.38x | 9.41x |
| 3rd Day – 18th Jan | 18.62x | 44.14x | 31.38x |
| 4th Day – 19th Jan | 285.84x | 149.59x | 217.72x |
| Shares Offered or Net Issue | 860,800 | 860,800 | 1,721,600 |
The shares subscribed by the public will be updated here.
Check Aristo Bio-Tech and Lifescience IPO LIVE Subscription
- Aristo Bio-Tech and Lifescience IPO LIVE Bid details on SME
- Aristo Bio-Tech and Lifescience IPO LIVE Bid details on NSE
For the Latest Bid details click on the above links.
Aristo Bio-Tech and Lifescience IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.
Aristo Bio-Tech and Lifescience Limited IPO Listing Date
Find the dates below on basis of allotment, refund, listing, and more:
| Basis of Allotment Finalization | Jan 24, 2023 |
| Refunds Initiation | Jan 25, 2023 |
| Credit of Shares to Demat Account | Jan 26, 2023 |
| Share Listing Date | Jan 27, 2023 |
Aristo Bio-Tech and Lifescience IPO Price Band
The face value of each share is Rs.10, but the price band of the IPO is Rs.72
Aristo Bio-Tech and Lifescience IPO Equity Size
This Initial Public Issue of 18,12,800 Equity Shares of Rs.10 each for cash at a price of Rs.72 per equity share aggregating to Rs.1305.22 Lakh.
Aristo Bio-Tech and Lifescience IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of 18,12,800 Equity Shares of Rs.10/ each.
Issue Size: 18,12,800 Equity Shares of Rs.10 each, aggregating to Rs.1305.22 Lakh
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Aristo Bio-Tech and Lifescience IPO – Live Performance
The listing date of this IPO is Jan 27, 2023. You can check the live performance of the IPO here, only after it is listed on exchanges.
| Live IPO Performance – Aristo Bio-Tech and Lifescience Share Price |
Aristo Bio-Tech and Lifescience IPO Grey Market Premium
The Aristo Bio-Tech and Lifescience Limited IPO Grey Market Premium price is Rs 40, the Kostak rate is Rs NA and the Subject to Sauda is Rs 16,000.
Aristo Bio-Tech and Lifescience IPO – Company Overview
Their Company was originally incorporated on March 17, 2005, as “Aristo Bio-Tech and Lifescience Private Limited” under the provisions of the Companies Act, 1956 with the Registrar of Companies, Maharashtra, Mumbai.
Subsequently, their Company was converted into a Public Limited Company and the name of the company was changed from “Aristo Bio-Tech and Lifescience Private Limited” to “Aristo Bio-Tech and Lifescience Limited” vide fresh certificate of incorporation dated May 20, 2020, issued a by the Registrar of Companies, Mumbai. Currently, their company has 182 products registered with CIB&RC for manufacturing and sales.
Aristo Bio-Tech and Lifescience IPO – Financial Statements
A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:
Financial Summary:
| Amount (in INR & Lakh) | ||||
| 30-Sep-22 | 31-Mar-22 | Mar-21 | 31-Mar-20 | |
| Total Assets | 10869.14 | 7,700.16 | 8,141.73 | 8,785.12 |
| *Total Revenue | 12,907.49 | 16,603.29 | 16,722.96 | 20,123.94 |
| Total Expense | 12547.48 | 16,399.25 | 16,573.14 | 19,984.33 |
| Profit After Tax | 258.90 | 146.17 | 107.57 | 100.74 |
Earnings per Equity Share (in Lakh)
| 31-Mar-22 | Mar-21 | 31-Mar-20 | |
| Basic & Diluted | 2.93 | 2.15 | 2.02 |
Further, their PAT for the period ended on Sep 30, 2022, March 31, 2022, March 31, 2021, and March 31, 2020, were Rs. 258.90 Lakh, Rs. 146.17 Lakh, Rs. 107.57 Lakh and Rs. 100.74 Lakh respectively.
Aristo Bio-Tech and Lifescience IPO – Promoters
The Promoter of this company is:
- MR. NARENDRA SINGH BARHAT,
- MRS. KUSUM NARENDRA SINGH BARHAT
- MR. KETANKUMAR HARKANTBHAI JOSHI
List of Related Parties (Key Managerial Personnel)
- Narendra Singh Barhat, Chairman cum Managing Director
- Kusum Narendra Singh Barhat, Executive Director
- Ketankumar Harkantbhai Joshi, Whole Time Director
- Laxman Singh Rathore, Non-Executive Director
- Dipakkumar Harkant Joshi, Non-Executive Director
- Raghavender Mateti, Independent Director
- Rashmi Kamlesh Otavani, Independent Director
- Surendra Singh Lakhawat, Independent Director
Aristo Bio-Tech and Lifescience IPO – Promoters Holding
- Pre-Issue Share Holding – 100.00%
- Post Issue Share Holding – 73.37%
Aristo Bio-Tech and Lifescience IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | Up to 18,12,800 Equity Shares aggregating up to Rs.1305.22 Lakh |
| of which: | |
| Issue Reserved for the Market Makers | Up to 91,200 Equity Shares aggregating up to Rs.65.66 Lakh |
| Net Issue to the Public | Up to 8,60,800 Equity Shares aggregating up to Rs.2.00 Lakh |
| Of which: | |
| Retail Investors Portion | Not less than 8,60,800 Equity Shares |
| Other than Retail Individual Investors | Not more than 8,60,800 Equity Shares |
| Equity Shares outstanding prior to the Issue | 49,95,000 Equity Shares |
| Equity Shares outstanding after the Issue | 68,07,800 Equity Shares |
Aristo Bio-Tech and Lifescience IPO Issue Object
Their Company proposes to utilize the Net Proceeds towards funding the following objects:
1. To meet Working Capital requirements
2. General Corporate Purpose
3. To meet issue expenses
Aristo Bio-Tech and Lifescience IPO – Business Strategy
- Expand their Current Business Relationships
- Improving operational efficiencies
- Optimal Utilization of Resources
- Enhancing existing production and product quality
- To Build-Up a Professional Organization
Aristo Bio-Tech and Lifescience IPO – Basis of Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- Quality Assurance, timely payment, and delivery
- Broad customer base and strong relationships with their customers
- Multiple Business verticals under one roof
- The qualified management team and employee base
The relevant quantitative factors are:
| Basic & Diluted EPS | RONW (%) | NAV (Rs.) | |
| 31-Mar-22 | 2.93 | 10.00 | 29.71 |
| 31-Mar-21 | 2.15 | 8.04 | 26.79 |
| Mar-20 | 2.02 | 8.19 | 24.63 |
Aristo Bio-Tech and Lifescience IPO: Competitive Peers
| Face Value (Rs.) | P/E | EPS (Rs.) | Return on Net Worth (%) | NAV (Rs. ) | |
| Aristo Bio-Tech and Lifescience Limited | 10 | 24.57 | 2.93 | 10.00 | 29.71 |
| Listed Peers | |||||
| Dhanuka Agritech Limited2 | 2 | 16.07 | 44.85 | 21.95 | 206.19 |
| Meghmani Organics Limited2 | 1 | 10.28 | 11.97 | 20.80 | 57.65 |
Aristo Bio-Tech and Lifescience IPO Lead Managers
| Lead Managers |
| BEELINE CAPITAL ADVISORS PRIVATE LIMITED 807, Phoenix Tower, Opp. New Girish Cold drinks, Near Vijay Cross Roads, Navrangpura, Ahmedabad – 380009, Gujarat, India Tel. No.: +91-79-48405357, 48406357 Email: mb@beelinemb.com Website: www.beelinemb.com Investor Grievance Email: ig@beelinemb.com Contact Person: Mr. Nikhil Shah SEBI Registration No.: INM000012917 |
Aristo Bio-Tech and Lifescience IPO Registrar to offer
| Registrar to the Offer |
| LINK INTIME INDIA PRIVATE LIMITED C-101, 1 Floor, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai- 400083, Maharashtra, India Tel. No.: +91-022-49186200 Fax No.: +91-022-49186091 Email: aristobio.ipo@linkintime.co.in Website: www.linkintime.co.in Investor Grievance Email: aristobio.ipo@linkintime.co.in Contact Person: Shanti Gopalkrishnan SEBI Registration No.: INR000004058 |
Aristo Bio-Tech and Lifescience IPO – Other Details
- Statutory Auditor – M/s Prakash Chandra Jain & Co., Chartered Accountant
- Legal Counsel to the Company – ANA ADVISORS
- Bankers to the Company – BANK OF BARODA
Aristo Bio-Tech and Lifescience IPO Review by Stock Brokers
| Top Stock Brokers Review | Company Reputation | Competitive Edge | Financial Statement | Popularity Index | Promoters Reputation |
| Angel Broking | 7.5/10 | 7.4/10 | 8.5/10 | 8.1/10 | 7.1/10 |
| Sharekhan | 7.2/10 | 7.1/10 | 8.6/10 | 8.1/10 | 7.2/10 |
| Kotak Securities | 7.3/10 | 7.5/10 | 8.4/10 | 8.1/10 | 7.3/10 |
| ICICI Direct | 7.3/10 | 7.3/10 | 8.7/10 | 8.1/10 | 7.1/10 |
| IIFL | 7.5/10 | 7.2/10 | 8.8/10 | 8.0/10 | 7.1/10 |
| Edelweiss | 7.5/10 | 7.4/10 | 8.4/10 | 8.3/10 | 7.2/10 |
| Zerodha | 7.4/10 | 7.1/10 | 8.5/10 | 8.1/10 | 7.0/10 |
| 5Paisa | 7.1/10 | 7.1/10 | 8.4/10 | 8.1/10 | 7.1/10 |
| Karvy | 7.4/10 | 7.3/10 | 8.2/10 | 8.1/10 | 7.1/10 |
| Motilal Oswal | 7.1/10 | 7.1/10 | 8.6/10 | 8.3/10 | 7.2/10 |
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Aristo Bio-Tech and Lifescience Limited IPO News
News 1 – IPO DRHP Download
News 2 – IPO RHP Prospectus Download
Aristo Bio-Tech and Lifescience IPO Review FAQs
Check out various FAQs related to Aristo Bio-Tech and Lifescience IPO:
What is the Issue Size of Aristo Bio-Tech and Lifescience IPO?
The Company is making an initial public offer of 18,12,800 equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and the net issue.
What is the Price band of Aristo Bio-Tech and Lifescience IPO?
The price band for this particular IPO ranges between 72. As far as the face value of the share is of concern, it is Rs.10 per share.
What is the Aristo Bio-Tech and Lifescience IPO Open Date?
The opening and closing dates for this IPO have been updated. The IPO is set to open on Jan 16, 2023, while the closing date is set at Jan 19, 2023.
What is the Aristo Bio-Tech IPO Allotment Date?
They also have the news regarding the respective allotment dates of this IPO. Basis of Allotment finalization is on Jan 24, 2023, refund initiation is on Jan 25, 2023, credit of shares is on Jan 26, 2023, and share listing date is on Jan 27, 2023.
What is the Aristo Bio-Tech IPO Listing Date?
Shares of this company shall be listed in the exchanges Jan 27, 2023. The date, when the listing would be done, is stagnant on NA.
Who is the Registrar of Aristo Bio-Tech IPO?
One of the reputed registrars is managing the issue of this IPO, i.e. LINK INTIME INDIA PRIVATE LIMITED. Their website will help you regarding the further information you are on the lookout for.
Who is the Promoter of Aristo Bio-Tech IPO?
Here are the promoters of this IPO – MR. NARENDRA SINGH BARHAT, MRS. KUSUM NARENDRA SINGH BARHAT AND MR. KETANKUMAR HARKANTBHAI JOSHI. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
What is GMP of Aristo Bio-Tech and Lifescience?
They have obtained the GMP of this IPO and it is Rs 40. Further insights of Kostak rate and subject to sauda or SS are as well included in this report.
Is Aristo Bio-Tech and Lifescience good for Investment?
They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
What is the PAT of Aristo Bio-Tech and Lifescience Company?
They have the information of company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2022 in Lakh is 146.17, 2021 is 107.57, 2020 is 100.74. PAT from Sep 2022 is 258.9.
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