Aristo Bio-Tech and Lifescience Ltd. has announced public offering of 1812800 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 62.00 per share. The gross proceeds of the issue are expected to be Rs 1,305.22 lakhs.

The company's initial public offer (IPO) will open on 16 January 2023 and is expected to close on 19 January 2023, subject to customary closing conditions.

The IPO includes a fresh Issue of 1812800 Equity Shares of the Company at an price of Rs 72.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1600 shares with bids in multiples of 1600.

Aristo Bio-Tech and Lifescience Ltd. anticipates using the proceeds of the issue for To Meet Working Capital Requirement General Corporate Purpose To Meet the Issue Expenses.

Beeline Capital Advisors Pvt. Ltd. as lead manager & Link Intime India Private Limited is the registrar, to the issue.