The Advance Agrolife IPO opened for subscription on September 30, 2025, and witnessed a muted response on the first day of bidding. The issue received bids for 57.06 lakh shares against 1.35 crore shares on offer, translating into 42% subscription (0.42 times) by 5:00 PM IST, according to stock exchange data.
Advance Agrolife IPO Subscription Status Day 1
- Shares Offered: 1,35,09,004
- Bids Received: 57,06,000
- Subscription: 42% (0.42x)
The IPO will remain open until October 3, 2025, giving investors more time to participate.
Advance Agrolife IPO Details
The ₹183–₹193 crore issue consists entirely of a fresh issue of up to 1,92,85,720 equity shares. The price band has been fixed at ₹95 to ₹100 per share. Investors can bid for a minimum of 150 equity shares and in multiples thereafter.
Utilization of IPO Proceeds
- ₹135 crore towards working capital requirements
- Balance for general corporate purposes
The company highlighted that its working capital requirement was ₹100 crore in FY2025 and is estimated to rise to ₹215 crore in FY2027, underlining the need for additional liquidity.
Company Overview: Advance Agrolife
Founded in 2002, Advance Agrolife Ltd is a leading agrochemical company manufacturing a wide portfolio of products across the crop lifecycle. Its formulations cater to major cereals, vegetables, and horticultural crops across both Kharif and Rabi seasons.
Regulatory Registrations
- 380 formulation grade registrations (finished agrochemical products such as pesticides, herbicides, fungicides, and fertilizers)
- 30 technical grade registrations (raw active ingredients used for formulations)
With a strong Research and development and compliance-driven approach, the company addresses both domestic agriculture requirements and export opportunities.
Advance Agrolife Financial Performance
For the year ended March 31, 2025, the company reported:
- Total Income: ₹502.26 crore
- Net Profit: ₹25.64 crore
This reflects a healthy topline with consistent profitability in the agrochemical sector.
Advance Agrolife IPO Anchor Investment
Ahead of the IPO launch, Advance Agrolife raised ₹57.76 crore from anchor investors on September 29, 2025. The company allotted 57.76 lakh shares at ₹100 each to 9 anchor investors, reinforcing institutional trust in the offering.
Advance Agrolife IPO GMP Today
As of market trackers’ updates, the Advance Agrolife IPO GMP (Grey Market Premium) is trading in the ₹5–₹7 range, signaling cautious optimism. Based on the upper price band of ₹100, the estimated listing price could be around ₹105–₹107 per share, indicating a modest premium of 5–7%.
Should You Apply for Advance Agrolife IPO?
The tepid Day 1 subscription of 42% reflects mixed investor sentiment, especially after several recent IPOs struggled on listing. However, the anchor book participation and the company’s strong agrochemical portfolio with 410 regulatory approvals make it a player with growth potential.
For investors with a long-term outlook, the IPO offers exposure to India’s growing agri-inputs and crop protection market. For those seeking only short-term listing gains, the current GMP trends suggest limited upside.
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