Advance Agrolife IPO Day 3: Check Subscription Status & Key Highlights
The ?192.86 crore initial public offering (IPO) of Advance Agrolife entered its final day of subscription today, with the issue subscribed 1.87x by the end of Day 2.
Advance Agrolife IPO: Issue Details
- Issue Size: Advance Agrolife IPO is a book-building issue of ?192.86 crores, consisting entirely of a fresh issue of 1.93 crore shares.
- Price Band: The price band is set between ?95 and ?100 per share.
- Book-running lead manager: Choice Capital Advisors Pvt. Ltd.
- Registrar: KFin Technologies Limited
- Listing: The shares are proposed to be listed on the NSE and the BSE on October 8.?
Advance Agrolife IPO Day 3: Subscription Details
[3-October-2025 19:00:00]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
27.31 |
|
Non-Institutional Investors |
175.30 |
|
Retail Individual Investors (RIIs) |
23.06 |
|
Employees |
38.42 |
|
Total |
56.85 |
Utilisation of IPO Proceeds
The company aims to use the net proceeds from the fresh issue towards the following objectives.?
- Fund working capital requirements?
- General corporate purposes?
Advance Agrolife Business Overview?
Advance Agrolife is a leading agrochemical enterprise engaged in the production and distribution of a comprehensive range of crop protection and enhancement products. Their core product category encompasses insecticides, herbicides, fungicides, plant growth regulators, micronutrient-based fertilizers and bio-fertilizers.?
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