Allotment

Advance Agrolife Ltd. IPO is a book-built issue aggregating to ₹192.86 crore. The IPO consists entirely of a fresh issue of 1.93 crore equity shares, with no offer for sale component.
The IPO bidding period opened on September 30, 2025, and closed on October 3, 2025. The allotment was finalized on October 6, 2025, and the equity shares were listed on BSE and NSE on October 8, 2025.
The price band for the Advance Agrolife IPO is fixed at ₹100 per share. The lot size for retail investors is 150 shares, requiring a minimum investment of ₹15,000 at the upper end of the price band.
For small non-institutional investors (sNII), the minimum application is 14 lots (2,100 shares) amounting to ₹2,10,000, while big non-institutional investors (bNII) must apply for at least 67 lots (10,050 shares) with an investment of ₹10,05,000.
The issue also includes a reservation of up to 30,000 shares for employees, who are offered a discount of ₹5 per share on the issue price.
Choice Capital Advisors Pvt. Ltd. is the Book Running Lead Manager to the issue, and KFin Technologies Ltd. has been appointed as the Registrar.
Investors are advised to refer to the Advance Agrolife IPO Red Herring Prospectus (RHP) for detailed information.
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| IPO Date | 8 Oct |
| IPO Listing Date | 8 Oct |
| IPO Face Value | ₹10.00 per share |
| IPO Price Range | ₹100.00 |
| IPO Issue Size | 1,92,85,720 shares |
| IPO Sale Type | Fresh Capital |
| Employee Discount | - |
| IPO Issue Type | Book Building IPO |
| IPO Listing | BSE, NSE Platform |
| hare Holding Pre Issue | 4,50,00,000 shares |
| IPO Open Date | 30 Sep |
| IPO Close Date | 3 Oct |
| IPO Allotment (Tentative) | 6 Oct |
| Refunds | 7 Oct |
| Credit to Demat Account | 7 Oct |
| IPO Listing Date | 8 Oct |
| Category | Offer |
|---|---|
| QIB Shares Offered | 96,27,860 Shares |
| NII (HNI) Shares Offered | 28,88,358 Shares |
| Retail Shares Offered | 67,39,502 Shares |
Investors can bid for a minimum of 150 shares, with additional shares in multiples of 150.
| Application | Lots | Share | 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 |
Incorporated in 2002, Advance Agrolife Limited is engaged in the manufacturing of a broad range of agrochemical products that support the complete crop lifecycle. The company’s offerings are widely used in the cultivation of major cereals, vegetables, and horticultural crops across both Kharif and Rabi seasons in India.
Product Portfolio
Agrochemicals: Insecticides, herbicides, fungicides, and plant growth regulators
Fertilizers: Micro-nutrient fertilizers and bio-fertilizers
Technical Grade Products: Active raw materials used in the manufacture of agrochemical formulations such as pesticides, herbicides, fungicides, and fertilizers
Business Operations
Advance Agrolife Limited primarily operates on a B2B model, focusing on direct sales to corporate customers. The company has a strong domestic presence across 19 states and 3 union territories in India and also caters to international markets including UAE, Bangladesh, China (including Hong Kong), Turkey, Egypt, Kenya, and Nepal.
Manufacturing Facilities
The company operates three manufacturing facilities, all located in Jaipur, Rajasthan:
Manufacturing Facility I: Bagru, Jaipur, Rajasthan
Manufacturing Facility II: Dahami Khurd, Jaipur, Rajasthan
Manufacturing Facility III: Dahami Khurd, Jaipur, Rajasthan
As of July 15, 2025, Advance Agrolife Limited employed 543 permanent staff, comprising both skilled and unskilled workers.
Competitive Strengths
Established and integrated manufacturing facilities at a strategic location
Diversified agrochemical product portfolio
Strong and well-established customer relationships
Experienced promoters and management team
Proven track record of healthy growth
| 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 | 50.6 |
| Reserves and Surplus | 55.87 | 70.76 | 46.1 |
| Total Borrowing | 80.45 | 45.46 | 25.29 |
| ROE | 25.42% |
| ROCE | 27.02% |
| Debt/Equity | 0.8 |
| RoNW | 29.11% |
| PAT Margin | 5.10% |
| EBITDA Margin | 9.61% |
| Price to Book Value | 5.98 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | 135 |
| 3 | To meet out the General Corporate Purposes; | 34.09 |
| 4 | Offer for Sale (OFS) | - |
Advance Agrolife Ltd. Address
E-39,
RIICO Industrial Area Ext. Bagru,
Jaipur, Rajasthan, 303007
Phone: +91 0141 4810 12
Email: cs@advanceagrolife.com
Website: http://www.advanceagrolife.com/
IPO Registrar
Kfin Technologies Ltd.
04067162222, 04079611000
advance.ipo@kfintech.com
https://ipostatus.kfintech.com/
The IPO is a book-built issue worth ₹192.86 crore, comprising only a fresh issue to raise capital for working capital needs and general corporate purposes.
The IPO opened on September 30, 2025, and closed on October 3, 2025. Allotment was finalized on October 6, 2025, with listing on October 8, 2025.
The issue price was fixed at ₹100 per share, with a lot size of 150 shares. Retail investors required a minimum investment of ₹15,000.
Retail investors could apply for 1–13 lots. Small HNIs needed a minimum of 14 lots (2,100 shares), while big HNIs applied for 67 lots (10,050 shares).
Choice Capital Advisors Pvt. Ltd. was the Book Running Lead Manager, and KFin Technologies Ltd. served as the registrar for the IPO.
In FY2025, Advance Agrolife reported revenue of ₹502.88 crore and a net profit of ₹25.64 crore, reflecting 10% revenue growth and a 4% rise in PAT over FY2024.
The company has integrated manufacturing facilities in Jaipur, a diversified agrochemical portfolio, strong domestic and international presence, experienced promoters, and established customer relationships.