Aristo Bio-Tech and Lifescience Limited IPO
i. Aristo Bio-Tech 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.
ii. Agrochemical industries are very vast field and deals with production and distribution of pesticides and fertilizers to increase the crop yields. Agrochemicals (Crop protection products/pesticides) are designed to protect crops from insects, diseases and weeds. Currently the company has 182 products registered with CIB&RC for manufacturing and sales.
iii. Aristo Bio-Tech Company supplies its products across 20 states i.e. 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 and 15 Countries i.e. Armenia, Australia, Bangladesh, Belgium, Cambodia, Germany, Italy, Kenya, Moldova, New Zealand, Poland, South Africa, UAE, Ukraine and Vietnam.
iv. The Company manufactures agrochemicals such as Insecticides, Herbicides, Fungicides and Plant Growth Regulators which are directly sold to our customers and is also engaged in Job work as per customer requirements.
v. Agrochemicals are important agricultural support and boost it while preventing, reducing, and eliminating the impact of disease to increase food output and safety.
vi. Besides manufacturing their own products, the company also provide Contract manufacturing, Job work and Toll manufacturing services for Crop Protection companies.
vii. The company has adequate production and quality control system. All formulations are strictly tested with the latest available guidelines and testing methods by their in-house Quality Control Lab personnel. High Performance Liquid Chromatography (HPLC), Ultraviolet Spectrography (UV) and Gas Chromatography (GC) are used to ensure top quality Raw materials and formulation testing and release. Strict testing for all Packing materials like Tin, HDPE bottles, Coextruded bottles, Fluorinated HDPE bottles, Pet bottles, Labels, Mono cartons, Corrugated boxes, Laminated pouches is also done as per the Food and 96 Agriculture Organization of the United Nations (FAO) and Bureau of Indian Standards (BIS) guidelines and testing methods. All Finished goods are re-tested and counter samples are stored separately in sample storage rooms.
i. Experienced management and a well-trained employee base
ii. Existing client relationship
iii. Quality Assurance and Standards
iv. Innovative Ideas
Objects of the Aristo Bio-Tech and Lifescience Limited IPO:
Aristo Bio-Tech and Lifescience Limited IPO Details:
|Open Date:||Jan 16 2023|
|Close Date:||Jan 19 2023|
|Face Value:||₹ 10 Per Equity Share|
|Issue Size:||13.05 Cr.|
|Lot Size:||1600 Shares|
|Issue Price:||₹ 72 Per Equity Share|
|Listing At:||NSE Emerge|
|Listing Date:||Jan 27 2023|
Promoters And Management:
Financials of Aristo Bio-Tech and Lifescience Limited IPO:
|Pariculares ( In Lakhs )||2020||2021||2022|
|Revenue from Operations||20,123||16,722||16,599|
|Cost of Materials Consumed||15,420||12,378||13,842|
|Purchases of stock-in-Trade||2,884||2,566||880|
|Changes in Inventories||451||59||-16|
|Employee Benefits Expense||374||354||531|
|Depreciation & Amortisation||52||75||110|
Comparison With Peers:
|Name of the Company||Revenue (In Crore)||PAT (In Crore)||EPS ( in Rs)||P/E||CMP||Mcap (in Crore)|
|Aristo Bio-Tech and Lifescience Limited||166||1.46||2.15||33.5||72||49|
|Dhanuka Agritech Limited||1478||209||44.8||15.3||721||3359|
|Meghmani Organics Limited||2948||304||12||8.06||109||2777|