The Advance Agrolife IPO minimum market lot is 150 shares with ₹15,000 application amount. The Advance Agrolife IPO is a Mainboard IPO, and it is to be listed on BSE & NSE.
Business Overview
Incorporated in February 2002, Advance Agrolife is involved in the business of manufacturing of comprehensive range of agrochemical products that support the growth cycle of crops. Its products are used in the farming of various products including cereals, vegetables, and horticultural crops in India. 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.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Advance Agrolife IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 3.50 | 27.31 |
| NII | 0.61 | 1.22 | 175.30 |
| bNII | 0.67 | 1.28 | 202.06 |
| sNII | 0.47 | 1.08 | 121.77 |
| RII | 0.58 | 1.22 | 23.14 |
| EMP | 1.20 | 2.48 | 38.42 |
| Total | 0.42 | 1.87 | 56.90 |
Advance Agrolife IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Advance Agrolife IPO Review and Rating
- May Apply For Long-term View
Advance Agrolife IPO Form
How to apply for the Advance Agrolife IPO? You can apply for Advance Agrolife IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Advance Agrolife IPO in the Invest section. The other option is you can apply for Advance Agrolife IPO via IPO forms downloaded online. Check out the Asston Pharmaceuticals forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
