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Advance Agrolife Ltd. 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 ₹100.00 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 Date | September 30, 2025 to October 3, 2025 |
| Listing Date | October 8, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹95 to ₹100 per share |
| Issue Price Final | ₹100 per share |
| Lot Size | 150 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 1,92,85,720 shares (aggregating up to ₹192.86 Cr) |
| Employee Discount | ₹5.00 |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 4,50,00,000 shares |
| Share Holding Post Issue | 6,42,85,720 shares |
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 | Maximum 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%) |
| 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 |
Advance Agrolife IPO raises ₹57.77 crore from anchor investors. Advance Agrolife IPO Anchor bid date is September 29, 2025. Advance Agrolife IPO Anchor Investors list
| Bid Date | September 29, 2025 |
| Shares Offered | 57,76,716 |
| Anchor Portion Size (In Cr.) | 57.77 |
| Anchor lock-in period end date for 50% shares (30 Days) | November 4, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | January 3, 2026 |
Advance Agrolife IPO opens on September 30, 2025, and closes on October 3, 2025.
| IPO Open Date | Tue, Sep 30, 2025 |
| IPO Close Date | Fri, Oct 3, 2025 |
| Tentative Allotment | Mon, Oct 6, 2025 |
| Initiation of Refunds | Tue, Oct 7, 2025 |
| Credit of Shares to Demat | Tue, Oct 7, 2025 |
| Tentative Listing Date | Wed, Oct 8, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Oct 3, 2025 |
Investors can bid for a minimum of 150 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| 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 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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 | |||
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| 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 |
| Market Capitalization | 642.86 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 5.70 | 3.99 |
| P/E (x) | 17.55 | 25.07 |
The Company Advance Agrolife IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Funding Working Capital requirements of the Company. | 135.00 |
| 2 | General corporate purposes. | 34.09 |
[Dilip Davda] AAL is engaged in manufacturing a wide range of agrochemical products used for crops lifecycle. The company reported growth in its top and bottom lines for the reported periods. However, its top and bottom line growth for FY25 has slow down. The company is operating in a highly competitive and fragmented segment. Based on its recent financial data, the issue appears aggressively priced. Well-informed/cash surplus investors may park moderate funds for long term. Read detail review...
| Listing Date | October 8, 2025 |
| BSE Script Code | 544562 |
| NSE Symbol | ADVANCE |
| ISIN | INE1B0W01010 |
| Final Issue Price | ₹100 per share |
| BSE Listing Group | T (Trade to Trade) |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹100.00 | ₹100.00 |
| Open | ₹113.00 | ₹103.01 |
| Low | ₹107.35 | ₹102.88 |
| High | ₹113.00 | ₹106.00 |
| Last Trade | ₹108.23 | ₹105.02 |
Advance Agrolife Ltd.
E-39,
RIICO Industrial Area Ext. Bagru,
Jaipur, Rajasthan, 303007
Phone: +91 0141 4810 12
Email: cs@advanceagrolife.com
Website: http://www.advanceagrolife.com/
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: advance.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Advance Agrolife IPO is a main-board IPO of 1,92,85,720 equity shares of the face value of ₹10 aggregating up to ₹192.86 Crores. The issue is priced at ₹100 per share. The minimum order quantity is 150.
The IPO opens on September 30, 2025, and closes on October 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 September 30, 2025 and closes on October 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 Tuesday, October 7, 2025. Check the Advance Agrolife IPO allotment status.
The Advance Agrolife IPO listing date is on Wednesday, October 8, 2025.
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