On the last day, the Advance Agrolife IPO was subscribed 56.90 times overall, the retail quota 23.14 times, the QIB 27.31 times, and the NII quota 175.30 times, respectively.
Details About Advance Agrolife IPO
Advance Agrolife got approval from SEBI for an IPO of ₹192.86 crores. This IPO consists of a fresh issue of ₹192.86 crores with a face value of ₹10 each. Moreover, the company has set up a price band between ₹95 to ₹100 per share.
In this IPO, a total of 150 shares were available in 1 lot sizes for the minimum Retail category, and for the maximum retail category, 1,950 shares in 13 lot sizes.
S-HNI (Min) has a total of 2,100 shares in 14-lot sizes. S-HNI Max has a total of 9,900 shares in 67 lot sizes. While B-HNI Min has a total of 10,050 shares in 68 sizes.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹15,000 and maximum investment of ₹1,95,000.
- Small HNI (S-HNI): Minimum investment of ₹2,10,000.
- Small HNI: Maximum investment of ₹9,90,000.
- B-HNI Minimum: Minimum investment of ₹10,05,000.
Subscription duration of the Advance Agrolife IPO
The Advance Agrolife IPO opening date was September 30, 2025, and the closing date was October 3, 2025.
The allotment of Advance Agrolife was finalized on October 6, 2025, while the IPO listing is on October 8, 2025.
About Advance Agrolife IPO
Advance Agrolife, started in February 2002, makes a wide range of agrochemical products that help crops grow at every stage.
Advance Agrolife mostly focuses on producing effective products such as insecticides, herbicides, fungicides, and plant growth regulators.
Additionally, they also manufacture agrochemical products such as micro-nutrient fertilizers and biofertilizers. Their products are mainly sold domestically through direct sales to corporate customers on a B2B basis. Its products are sold throughout 19 states, and 3 union territories, exporting across 7 countries including UAE, Bangladesh, China, Turkey, Egypt, Kenya, and Nepal. In FY24, the company generated a revenue of Rs.455 crore from operations, whereas also generated a Net Profit after tax of Rs.24 crore respectively.
