Advance Agrolife IPO Date, Price Band, Lot Size, Anchor Investor
Advance Agrolife Limited is set to launch its Initial Public Offering (IPO) on September 30, 2025, with the subscription window closing on October 3, 2025. The IPO is a Book Built Issue worth approximately ₹192.86 crores, comprising only a fresh issue of shares. With a price band of ₹95 to ₹100 per share, the issue has drawn investor interest given the company’s consistent growth in revenues and profits.
The IPO is scheduled to list on both BSE and NSE on October 8, 2025, while the basis of allotment will be finalized on October 6, 2025. Investors are keenly watching this issue as Advance Agrolife has shown stable financial performance, clocking ₹502.88 crore revenue in FY25 with a net profit of ₹25.64 crore.
Advance Agrolife IPO Details
| Particulars | Details |
|---|---|
| IPO Open Date | September 30, 2025 |
| IPO Close Date | October 3, 2025 |
| Basis of Allotment | October 6, 2025 |
| Refunds Initiation | October 7, 2025 |
| Credit to Demat Account | October 7, 2025 |
| IPO Listing Date | October 8, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹95 to ₹100 per share |
| Issue Size | Approx ₹192.86 Crores |
| Fresh Issue | Approx ₹192.86 Crores |
| Offer for Sale | – |
| Issue Type | Book Built Issue |
| Lot Size | 150 shares |
| Listing At | BSE, NSE |
| Lead Manager | Choice Capital Advisors Pvt Ltd |
| Registrar | KFin Technologies Limited |
Also Read: Tata Capital IPO 2025: Dates, Issue Size, OFS, Valuation & Anchor Investor
Advance Agrolife IPO Market Lot
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 150 | ₹15,000 |
| Retail Maximum | 13 | 1,950 | ₹1,95,000 |
| S-HNI Minimum | 14 | 2,100 | ₹2,10,000 |
| S-HNI Maximum | 67 | 9,900 | ₹9,90,000 |
| B-HNI Minimum | 68 | 10,050 | ₹10,05,000 |
Retail investors can apply with a minimum of 1 lot (150 shares) costing ₹15,000, while the maximum limit for retail is 13 lots (1,950 shares).
IPO Reservation
| Investor Category | Shares Offered | % of Issue |
|---|---|---|
| QIB (Ex. Anchor) | – | 50% |
| Non-Institutional Investors (NII/HNI) | – | 15% |
| Retail Investors | – | 35% |
| Anchor Investors | [.] Shares | To be updated |
Objects of the Issue
The main objective for which the company has launched the Initial Public Offering is that through the Advance Agrolife IPO, the funds will be used for the company’s working capital requirements, amounting to ₹135 crores. A portion of the IPO proceeds will also be utilized for general corporate purposes, and to strengthen the company’s operations and support future growth initiatives.
Advance Agrolife Financial Performance (₹ in Crores)
| Particulars | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Revenue | 397.97 | 457.21 | 502.88 |
| Expenses | 377.85 | 423.92 | 467.68 |
| Profit After Tax (PAT) | 14.87 | 24.73 | 25.64 |
| Total Assets | 179.47 | 259.56 | 351.47 |
About Advance Agrolife Limited
Founded in 2002, Advance Agrolife Limited company is a Jaipur-based agrochemical company that works in manufacturing a wide portfolio of products including Insecticides, Herbicides, Fungicides, Plant Growth Regulators, Micronutrient Fertilizers and Biofertilizers. The company is not limited to a single state but sells its products across 19 states and 3 union territories in India, and also it does export its wide variety of manufactured goods to 7 countries such as UAE, Bangladesh, China, Nepal, Turkey, Egypt, and even Kenya. Its business model is primarily B2B, catering to corporate customers.
Disclaimer: This article is for educational and informational purposes only and should not be considered investment advice. Investors should conduct their own research and read and understand all official company documents, including the DRHP/RHP, with the assistance of a legally registered and certified financial professional before making any investment decisions. Any opinions or reviews expressed in this article are for informational purposes only and do not constitute a recommendation to buy or sell securities.
Frequently asked questions
The IPO opens on September 30, 2025, and closes on October 3, 2025.
What is the allotment date of the Advance Agrolife IPO?
The IPO issue size is around ₹192.86 crores.
