Bookbuilding IPO | ₹193 Cr | Listed at BSE, NSE | Tue, Sep 30, 2025 - Fri, Oct 3, 2025
Advance Agrolife IPO is a book build issue of ₹192.86 crores. The issue is entirely a fresh issue of 1.93 crore shares of ₹192.86 crore.
Advance Agrolife IPO bidding started from Sep 30, 2025 and ended on Oct 3, 2025. The allotment for Advance Agrolife IPO was finalized on Oct 6, 2025. The shares got listed on BSE, NSE on Oct 8, 2025.
Advance Agrolife IPO price band is set at ₹100 per share. The lot size for an application is 150. The minimum amount of investment required by an retail is ₹15,000 (150 shares) (based on upper price). The lot size investment for sNII is 14 lots (2,100 shares), amounting to ₹2,10,000, and for bNII, it is 67 lots (10,050 shares), amounting to ₹10,05,000.
The issue includes a reservation of up to 30,000 shares for employees offered at a discount of ₹5.00 to the issue price.
Choice Capital Advisors Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Advance Agrolife IPO RHP for detailed Information.
IPO Open
Tue, Sep 30, 2025
IPO Close
Fri, Oct 3, 2025
Issue Price
₹100 per share
Market Cap (Pre-IPO)
₹642.86 Cr
| IPO Date | 30 Sep to 3 Oct, 2025 |
| Listed on | Wed, Oct 8, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹95 to ₹100 |
| Issue Price | ₹100 per share |
| Lot Size | 150 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Employee Discount | ₹5.00 |
| Total Issue Size | 1,92,85,720 shares (agg. up to ₹193 Cr) |
| Fresh Issue | 1,92,85,720 shares (agg. up to ₹193 Cr) |
| Share Holding Pre Issue | 4,50,00,000 shares |
| Share Holding Post Issue | 6,42,85,720 shares |
| BSE Script Code / NSE Symbol | 544562 / ADVANCE |
| ISIN | INE1B0W01010 |
Advance Agrolife IPO offers total 1,92,85,720 shares. Out of which 96,27,860 (49.92%) allocated to QIB, 38,51,144 (19.97%) allocated to QIB (Ex- Anchor), 28,88,358 (14.98%) allocated to NII 67,39,502 (34.95%) allocated to RII and 57,76,716 (29.95%) allocated to Anchor investors.
| Investor Category | Shares Offered | Max Allottees |
|---|---|---|
| QIB Shares Offered | 96,27,860 (49.92%) | NA |
| − Anchor Investor Shares Offered | 57,76,716 (29.95%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 38,51,144 (19.97%) | NA |
| NII (HNI) Shares Offered | 28,88,358 (14.98%) | NA |
| − bNII > ₹10L | 19,25,572 (9.98%) | 916 |
| − sNII < ₹10L | 9,62,786 (4.99%) | 458 |
| Retail Shares Offered | 67,39,502 (34.95%) | 44,930 |
| Employee Shares Offered | 30,000 (0.16%) | NA |
| Total Shares Offered | 1,92,85,720 (100.00%) |
Investors can bid for a minimum of 150 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 150 | ₹15,000 |
| Retail (Max) | 13 | 1,950 | ₹1,95,000 |
| S-HNI (Min) | 14 | 2,100 | ₹2,10,000 |
| S-HNI (Max) | 66 | 9,900 | ₹9,90,000 |
| B-HNI (Min) | 67 | 10,050 | ₹10,05,000 |
Advance Agrolife IPO raises ₹57.77 crore from anchor investors. Advance Agrolife IPO Anchor bid date is September 29, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Mon, Sep 29, 2025 |
| Shares Offered | 57,76,716 |
| Anchor Portion (₹ Cr.) | 57.77 |
| Anchor lock-in period end date for 50% shares (30 Days) | Tue, Nov 4, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Sat, Jan 3, 2026 |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Up to Rs 5 Lakhs | Yes |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
Incorporated in 2002, Advance Agrolife Limited is engaged in the manufacturing of a wide range of agrochemical products that support the entire lifecycle of crops. The company's products are used in cultivating major cereals, vegetables, and horticultural crops across both Kharif and Rabi seasons in India.
Product Portfolio:
The company primarily operates through direct sales to corporate customers on a B2B basis. The company serves clients across 19 states and 3 union territories in India and exports products to UAE, Bangladesh, China (including Hong Kong), Turkey, Egypt, Kenya, and Nepal.
Manufacturing Facilities:Advance Agrolife Limited operates three manufacturing facilities located in Jaipur, Rajasthan:
As of July 15, 2025, the company had 543 permanent employees, including skilled and unskilled workers.
Competitive Strengths:
Advance Agrolife Ltd.'s revenue increased by 10% and profit after tax (PAT) rose by 4% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 351.47 | 259.56 | 179.47 |
| Total Income | 502.88 | 457.21 | 397.97 |
| Profit After Tax | 25.64 | 24.73 | 14.87 |
| EBITDA | 48.25 | 40.21 | 25.22 |
| NET Worth | 100.87 | 75.26 | 50.60 |
| Reserves and Surplus | 55.87 | 70.76 | 46.10 |
| Total Borrowing | 80.45 | 45.46 | 25.29 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Working Capital requirements of the Company. | 135.00 |
| 2 | General corporate purposes. | 34.09 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 25.42% |
| ROCE | 27.02% |
| Debt/Equity | 0.80 |
| RoNW | 29.11% |
| PAT Margin | 5.10% |
| EBITDA Margin | 9.61% |
| Price to Book Value | 5.98 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 5.70 | 3.99 |
| P/E (x) | 17.55 | 25.07 |
| Promoter Holding | 99.84% | 69.89% |
| Market Cap | ₹642.86 Cr. |
The Advance Agrolife IPO is subscribed 56.90 times on October 3, 2025 5:04:37 PM (Day 3). The public issue subscribed 23.14 times in the retail category, 27.31 times in the QIB category, and 175.30 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB (Ex Anchor) | 27.31 | 38,50,944 | 10,51,55,850 |
| NII | 175.30 | 28,88,358 | 50,63,23,800 |
| bNII (bids above ₹10L) | 202.06 | 19,25,572 | 38,90,83,500 |
| sNII (bids below ₹10L) | 121.77 | 9,62,786 | 11,72,40,300 |
| Retail | 23.14 | 67,39,502 | 15,59,54,100 |
| Employee | 38.42 | 30,000 | 11,52,450 |
| Total | 56.90 | 1,35,08,804 | 76,85,86,200 |
Total Application : 9,99,832
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to BRLM (including underwriting commissions and selling commission) and Fees payable to the Legal Advisors to the Issue | 18.42 |
| 2 | Advertising and marketing expenses | 1.28 |
| 3 | Fees payable to the Registrar to the Issue | 0.09 |
| 4 | Fees payable to the Regulators including stock exchanges | 0.93 |
| 5 | Printing and distribution of Issue stationary | 0.08 |
| 6 | Brokerage, Selling commission and Uploading/Processing Fees | 1.51 |
| 7 | Others (industry report,monitoring agency, auditor’s fees, ROC fees and other professional fees etc.) | 1.44 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹100.00 | ₹100.00 |
| Open | ₹113.00 | ₹114.00 |
| Low | ₹107.35 | ₹108.30 |
| High | ₹113.00 | ₹114.50 |
| Last Trade | ₹108.23 | ₹108.30 |
Lead Manager Reports
Advance Agrolife IPO is a main-board IPO of 1,92,85,720 equity shares of the face value of ₹10 aggregating up to ₹193 Crores. The issue is priced at ₹100 per share. The minimum order quantity is 150.
The IPO opens on Tue, Sep 30, 2025, and closes on Fri, Oct 3, 2025.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Advance Agrolife IPO using UPI as a payment gateway. Zerodha customers can apply in Advance Agrolife IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Advance Agrolife IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Advance Agrolife IPO opens on Tue, Sep 30, 2025 and closes on Fri, Oct 3, 2025.
Advance Agrolife IPO lot size is 150, and the minimum amount required for application is ₹15,000.
You can apply in Advance Agrolife IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Advance Agrolife IPO will be done on Monday, October 6, 2025, and the allotted shares will be credited to your demat account by Tue, Oct 7, 2025. Check the Advance Agrolife IPO allotment status.
The Advance Agrolife IPO listing date is on Wed, Oct 8, 2025.
