Advance Agrolife IPO: The initial public offering (IPO) of Advance Agrolife Ltd concluded its final day of public bidding today, October 3, with the issue subscribed 56.85Â times so far, as per provisional exchange data. The Jaipur-based company aims to raise Rs 192.86 crore from the public offering.
The basis of allotment is expected to be finalised on October 6, 2025, followed by the credit of shares to the respective demat accounts of the successful bidders.
The IPO shares of Advance Agrolife are expected to list in the secondary market on October 8, 2025.
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Advance Agrolife IPO subscription status:
Overall, investors bid for 76.80 crore shares against the total shares on offer, with Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs) and Retail Individual Investors (RIIs) subscribing 27.31, 175.30, and 23.06 times, respectively.
In terms of shares, QIBs bid for 10.51 crore shares, NIIs bid for 50.63 crore shares, and RIIs bid for 15.54 crore shares out of their respective allotted portion.
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Advance Agrolife IPO details:
The Advance Agrolife IPO is a book-built issue of Rs 192.86 crore, comprising an entirely fresh issue of shares.
The issue has 38.51 lakh shares reserved for the QIBs quota, 28.88 lakh shares allotted for the NIIs category and 67.39 lakh shares reserved for the RIIs portion.
The company plans to utilise the IPO proceeds for working capital requirements and for general corporate purposes.
Price band: Rs 95 to Rs 100 per share
Face value: Rs 10 per equity share
Subscription date: September 30 to October 3, 2025
Lot size: 150 shares, with a minimum application amount of Rs 15,000
Allotment date: October 6, 2025
Listing date: October 8, 2025, on BSE and NSE
Advance Agrolife company profile:
Established in 2002, Advance Agrolife Limited is a manufacturer and distributor of technical and formulated-grade agrochemical products.
The company has three integrated facilities in Jaipur, Rajasthan, and its product portfolio includes insecticides, fungicides, herbicides, and plant growth regulators.
Financially, the company’s revenue grew from Rs 457.21 crore (FY24) to Rs 502.88 crore (FY25). The Profit After Tax (PAT) stood at Rs 25.64 crore (FY25) from Rs 24.73 crore (FY24).
