Advance Agrolife IPO - Company Analysis
The Advance Agrolife IPO is a mainboard issue worth Rs. 192.86 crore by Advance Agrolife Ltd., an agrochemical manufacturer based in Jaipur, Rajasthan. The company produces a wide range of crop protection solutions such as insecticides, herbicides, fungicides, plant growth regulators, and specialty chemicals. With manufacturing facilities in Bagru and Dahami Khurd, Jaipur, the company has established a presence both in domestic and international markets. Its growing demand reflects the rising consumption of agrochemicals in India’s agriculture-driven economy.
Advance Agrolife IPO Details
Issue Dates and Price Band
The Advance Agrolife IPO date is scheduled from September 30 to October 3, 2025. The allotment will be finalized on October 6, refunds will be processed on October 7, and the IPO is expected to list on October 8 at BSE and NSE. The IPO size is Rs. 192.86 crore, consisting of a fresh issue of 1.93 crore shares. The price band has been fixed at Rs. 95 to Rs. 100 per share, making it accessible for retail investors.
Industry Outlook
India’s agrochemical sector continues to expand at a rapid pace due to the country’s dependence on agriculture, population growth, and increasing need for food security. The demand for fertilizers, crop protection chemicals, and technical-grade products is expected to grow steadily, supporting companies like Advance Agrolife.
Company Financial Performance
Advance Agrolife has shown steady financial growth over the last three years:
Key Financials (FY23-FY25)
- Total Income: Rs. 397.97 crore (FY23) → Rs. 457.21 crore (FY24) → Rs. 502.88 crore (FY25)
- Profit After Tax: Rs. 24.73 crore (FY24) → Rs. 25.64 crore (FY25)
- EBITDA: Rs. 48.25 crore (FY25)
- Net Worth: Rs. 100.87 crore (FY25)
These figures highlight steady growth, improving margins, and a strengthening financial profile.
Objective of the Issue
The funds raised from the Advance Agrolife IPO will primarily be used to finance:
- Working capital requirements: Rs. 135 crore
- General corporate purposes
Listed Peers
Advance Agrolife competes with:
- Dharmaj Crop Guard
- Insecticides India
- PI Industries
- Sharda Cropchem
While some peers enjoy higher EBITDA margins, Advance Agrolife’s growth trajectory and lower leverage enhance its competitive positioning.
Valuation & P/E Ratio
At the upper price band of Rs. 100, the IPO values the company at a P/E multiple of 17.54x based on FY25 EPS of Rs. 5.70. Compared to other agrochemical companies, this valuation appears reasonable considering improving profit margins and strong demand outlook.
IPO Strengths and Weaknesses
Strengths
- Strong reputation in the agrochemical sector
- Consistent revenue growth
- Improved leverage and positive margins
Weaknesses
- Dependence on imported raw materials exposes the company to currency risks
- Industry heavily regulated due to environmental concerns
- Competition from high-margin players like PI Industries
Advance Agrolife IPO GMP
The Advance Agrolife IPO GMP today stands at Rs. 10 (September 27, 2025). Based on this, the estimated listing price could be around Rs. 110 per share. Investors actively track the GMP to evaluate potential listing gains.
Allotment Status
Investors can check the Advance Agrolife IPO allotment status through the registrar’s website or via the BSE IPO portal on or after October 6, 2025. Refunds will follow on October 7, with credited shares expected before listing.
Promoters and Management
The company is promoted by:
- Om Prakash Choudhary
- Kedar Choudhary
- Manisha Choudhary
- Geeta Choudhary
Pre-issue promoter shareholding stands at 97.12%, reflecting strong family ownership and management involvement.
Lead Managers & Registrar
- Lead Manager: Choice Capital Advisors Pvt. Ltd.
- Registrar: Kfin Technologies Ltd.
Dividend Policy
Advance Agrolife has not declared any dividends in the last three fiscal years, indicating a focus on reinvestment and expansion.
Summary
The Advance Agrolife IPO provides exposure to India’s fast-growing agrochemical sector. With consistent revenue growth, improving profitability, and reduced leverage, the company shows promising fundamentals. However, investors should consider regulatory risks, competition, and import dependency. Based on current GMP, moderate listing gains may be expected.
FAQs
When will the Advance Agrolife IPO be listed?
The IPO is expected to list on October 8, 2025.
How to get the Advance Agrolife IPO refund?
Refunds will be initiated by October 7, 2025, directly to investors’ bank accounts.
How to apply for the Advance Agrolife IPO?
Investors can apply through ASBA, UPI, or their broker’s platform linked to a Demat account.
What is the allotment date for the Advance Agrolife IPO?
The allotment date is scheduled for October 6, 2025.
What is the Advance Agrolife IPO GMP?
The Advance Agrolife IPO GMP today is Rs. 10, which may vary before listing.
Disclaimer: This content is for educational purposes only and should not be considered investment advice. Always consult your financial advisor before applying for an IPO.
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