Advance Agrolife IPO Day 1: Check Subscription Status & Key Highlights
The Advance Agrolife IPO, pegged at ?192.86 crore, opened for subscription today, September 30, 2025, and got off to a modest start. The subscription window will be open from September 30, 2025, to October 3, 2025. The basis of allotment is expected to be finalised on October 6, 2025, and the tentative listing date is set for October 8, 2025, for both the BSE and NSE.
Advance Agrolife IPO Structure & Key Details
- The IPO is a 100% fresh issue, meaning it does not include any offer-for-sale shares. All proceeds will flow into the company’s coffers.
- Number of shares: ~1.93 crore
- Issue size (at upper band): ?192.86 crore
- Price band: ?95 to ?100 per share
- Lot size: 150 shares
- Minimum investment amount: ?15,000 (at the upper price)
- Book running lead manager: Capital Choice Advisors Pvt. Ltd.
- Registrar: Kfin Technologies Ltd.
- Reservation/quotas:
- Up to 50% for QIBs
- At least 35% for retail investors
- At least 15% for NIIs / HNIs
Advance Agrolife IPO Day 1 Subscription Status
[30-September-2025 17:03:00]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
Nil |
|
Non-Institutional Investors |
0.61 |
|
Retail Individual Investors (RIIs) |
0.58 |
|
Employees |
1.20 |
|
Total |
0.42 |
Use of Funds
Advance Agrolife plans to deploy a significant portion of the funds—approximately ?135 crore—toward working capital, which is crucial in the agrochemical sector due to its seasonal cycles, inventory, and raw material procurement requirements. The remainder will be allocated to general corporate purposes, including operational needs, growth initiatives, and balance sheet support.
Financial Snapshot
- Revenue growth: The top line increased from ~?457 crore in FY24 to ~?503 crore in FY25
- Profitability: Net profit edged up from ~?24.7 crore (FY24) to ~?25.6 crore (FY25)
About the Company
Based in Jaipur, Advance Agrolife manufactures a portfolio of agrochemicals — insecticides, fungicides, herbicides, plant growth regulators, and micronutrient fertilisers. They have multiple production facilities and hold substantial registrations, both in technical grade and formulations. Their presence spans many states in India, and they also export to a few foreign markets.
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