Aristo Bio-Tech and Lifescience Limited IPO
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 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
Alongside undertaking manufacturing operations, the company also provide Contract manufacturing, Job work and Toll manufacturing services for Crop Protection companies.
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth |
|---|---|---|---|---|
| 31-Mar-20 | 8785.12 | 20123.94 | 100.74 | 1230.51 |
| 31-Mar-21 | 8141.73 | 16722.96 | 107.57 | 1338.08 |
| 31-Mar-22 | 7700.16 | 16603.29 | 146.17 | 1484.25 |
| 30-Sep-22 | 10869.14 | 12907.49 | 258.9 | 1743.15 |
| Amount in ₹ Lakhs | ||||
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
Aristo Bio-Tech and Lifescience IPO Tentative Timetable
Aristo Bio-Tech and Lifescience IPO opens on Jan 16, 2023, and closes on Jan 19, 2023.
| Opening Date | Jan 16, 2023 |
| Closing Date | Jan 19, 2023 |
| Basis of Allotment | Jan 24, 2023 |
| Initiation of Refunds | Jan 25, 2023 |
| Credit of Shares to Demat | Jan 27, 2023 |
| Listing Date | Jan 30, 2023 |
