Advance Agrolife IPO
Open MainLineCurrent GMP
₹13 (+13.00%)
Price Band
₹ 95 – 100
Lot Size
150
Issue Size
₹192.86 Cr
Minimum Investment
₹15000 (150 Shares)
Listing Date
08 October 2025
Subscription
56.85x
About the Company
Incorporated in 2002, Advance Agrolife Limited is engaged in the manufacturing of a diverse range of agrochemical products that support the entire crop lifecycle. The company’s offerings are widely used in the cultivation of major cereals, vegetables, and horticultural crops across both Kharif and Rabi seasons in India.
Product Portfolio
- Agrochemicals: Insecticides, herbicides, fungicides, and plant growth regulators.
- Fertilizers: Micro-nutrient fertilizers and bio-fertilizers.
- Technical Grade Products: Active ingredients used in producing agrochemical formulations such as pesticides, herbicides, fungicides, and fertilizers.
Business Model & Market Presence
The company primarily operates on a B2B model, supplying directly to corporate customers. Its domestic footprint spans 19 states and 3 union territories in India, while its international presence includes exports to the UAE, Bangladesh, China (including Hong Kong), Turkey, Egypt, Kenya, and Nepal.
Manufacturing Facilities
Advance Agrolife Limited operates three state-of-the-art manufacturing facilities, all located in Jaipur, Rajasthan:
- Bagru, Jaipur
- Dahami Khurd, Jaipur (Unit I)
- Dahami Khurd, Jaipur (Unit II)
Human Resources
As of July 15, 2025, the company employed 543 permanent staff members, comprising both skilled and unskilled workers.
Promoters
- Om Prakash Choudhary
- Kedar Choudhary
- Manisha Choudhary
- Geeta Choudhary
Promoters Holding
Holding Pre Issue
99.84%
Holding Post Issue
69.89%
Objects of the Issue
The Company Advance Agrolife IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding working capital requirements of our Company
- General corporate purposes
Address / Contact Info
Advance Agrolife Limited
E-39, RIICO Industrial Area Ext. Bagru,
Jaipur, Rajasthan, 303007
Phone: +91 0141 4810 12
Email: cs@advanceagrolife.com
Website: http://www.advanceagrolife.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 30 September 2025
IPO Close Date
Friday, 03 October 2025
Basis of Allotment
Monday, 06 October 2025
Initiation of Refunds
Tuesday, 07 October 2025
Credit of Shares to Demat
Tuesday, 07 October 2025
Listing Date
Wednesday, 08 October 2025 — NSE & BSE
Important Dates
Open Date
30 September 2025
Close Date
03 October 2025
Basis Of Allotment
06 October 2025
Listing Date
08 October 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 351.47 | 259.56 | 179.47 |
| Revenue | 502.88 | 457.21 | 397.97 |
| Profit After Tax | 25.64 | 24.73 | 14.87 |
| Net Worth | 100.87 | 75.26 | 50.6 |
| Reserve & Surplus | 55.87 | 70.76 | 46.1 |
| Total Borrowings | 80.45 | 45.46 | 25.29 |
EPS Pre
5.70%
EPS Post
3.99%
P/E Pre
17.55
P/E (Post Issue)
25.07x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROE % | 25.42 | 32.86 | 29.38 |
| ROCE % | 27.02 | 37.62 | 34.38 |
| Debt / Equity | 0.8 | 0.6 | 0.5 |
| RoNW % | 29.11 | 39.3 | 34.46 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | 5.1 | 5.42 | 3.74 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 3851144 | 28.51 | 0 |
| Non-Institutional | 2888358 | 21.38 | 0 |
| BNII | 1925572 | 14.25 | 0 |
| SNII | 962786 | 7.13 | 0 |
| Retail Investors | 6739502 | 49.89 | 0 |
| Employees | 30000 | 0.22 | 0 |
| Total | 13509004 | 100 | 0 |
Subscription Status ( Fri, 03 Oct 25 01:53 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 3851144 | 105155850 | 27.31x |
| Non-Institutional | 2888358 | 506328000 | 175.3x |
| BNII | 1925572 | 389083500 | 202.06x |
| SNII | 962786 | 117244500 | 121.78x |
| Retail Investors | 6739502 | 155400450 | 23.06x |
| Employees | 30000 | 1152600 | 38.42x |
| Total | 13509004 | 768036900 | 56.85x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Advance Agrolife Ltd | 10 | 0.00 | 5.70 | 5.70 | 29.11 | 22.42 |
| Dharmaj Crop Guard Ltd | 10 | 34.60 | 10.68 | 10.30 | 9.24 | 116.70 |
| Insecticides India Ltd | 10 | 16.99 | 48.38 | 48.38 | 13.55 | 372.74 |
| Heranba Industries Ltd | 10 | 0.00 | 0.77 | 0.77 | 0.37 | 210.15 |
| PI Industries Limited | 10 | 34.29 | 109.44 | 109.22 | 17.58 | 668.22 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 150 | 15,000.00 |
| Retail (Max) | 13 | 1,950 | 195,000.00 |
| S-HNI (Min) | 14 | 2,100 | 210,000.00 |
| S-HNI (Max) | 66 | 9,900 | 990,000.00 |
| B-HNI (Min) | 67 | 10,050 | 1,005,000.00 |
Registrar
Kfin Technologies Limited
04067162222, 04079611000
reachus@kfintech.com
https://www.kfintech.com
Book Running Lead Managers
- Choice Capital Advisors Pvt Ltd
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Advance Agrolife IPO is a Book-building IPO worth ₹192.86 crores. The price band is ₹95 to 100 per share. The IPO opens on Tue, Sep 30, 2025 and closes on Fri, Oct 3, 2025. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.
The Advance Agrolife IPO opens on Tue, Sep 30, 2025 and closes on Fri, Oct 3, 2025
Advance Agrolife IPO Price Band is ₹95 to 100.
Advance Agrolife IPO lot size is 150, and the minimum amount required for application is ₹15000.
The minimum investment for Advance Agrolife IPO is approximately ₹15000 based on the upper price band.
To apply for the Advance Agrolife IPO , investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Fri, Oct 3, 2025. After submission, funds are blocked until the basis of allotment of Advance Agrolife IPO is finalised.
Advance Agrolife IPO issue size is ₹192.86 crores.
Advance Agrolife IPO allotment date is Sat, Jun 27, 2026.
The registrar for Advance Agrolife IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website for IPO allotment status, refund processing, and other queries related to Advance Agrolife IPO through their official website or helpline.
The Advance Agrolife IPO GMP (Grey Market Premium) is ₹13 as of Wed, Oct 8, 2025. Based on the upper price band of ₹100 per share, the estimated Advance Agrolife IPO listing price is ₹113, indicating a potential listing gain of approximately 31% over the issue price.