IPO Issue Details
Issue Price / Price Band₹72 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size18,12,800 shares (aggregating up to ₹13.05 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenMon, 16 Jan 2023
Subscription CloseThu, 19 Jan 2023
Anchor AllotmentSun, 15 Jan 2023
Basis of AllotmentTue, 24 Jan 2023
Initiation of RefundsWed, 25 Jan 2023
Credit of Shares to DematFri, 27 Jan 2023
Listing DateMon, 30 Jan 2023
UPI Mandate Deadline2023-01-19
Application & Investment Details
Retail — Min (1 Lots)₹1,15,200 — 1,600 shares
Retail — Max (13 Lots)₹1,497,600 (13 Lots)
HNI — Min (2 Lots)₹2,30,400 — 3,200 shares
P/E Ratio (Pre-IPO)9.46x
Net Offer to Public17,21,600 shares (aggregating up to ₹12.40 Cr)
Reserved for Market Maker91,200 shares (aggregating up to ₹0.6566 Cr)
Pre-IPO Promoter Holding49,95,000 shares
Post-IPO Promoter Holding68,07,800 shares
About Aristo Bio-Tech & Lifescience Ltd.
Incorporated in 2005, Aristo Bio-Tech and Lifescience Limited is an agrochemical company. They are mainly engaged in the manufacturing, formulation, supplying, packaging, and job work services of various Pesticides.They deliver their products in India as well as engage in exporting products like Insecticides, Herbicides, Fungicides, Plant Growth Regulators, and a wide variety of other Agrochemicals.The industry Aristo Bio-Tech and Lifescience is engaged in, is 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/WeedicidesFungicidesPlant Growth RegulatorInsecticidesAlongside undertaking manufacturing operations, the company also provide Contract manufacturing, Job work and Toll manufacturing services for Crop Protection companies.
Objects of the Issue
Aristo Bio-Tech & Lifescience Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
To Meet Working Capital Requirement
9.35
2
General Corporate Expenses
2.50
3
Public Issue Expenses
1.20
Shareholding & Lock-in
Pre-IPO Promoter Holding
49,95,000 shares
Post-IPO Promoter Holding
68,07,800 shares