Incorporated in 2002, Advance Agrolife manufactures insecticides, herbicides, fungicides, PGRs, micro‑nutrient and bio‑fertilizers, and technical‑grade inputs for formulations, selling primarily B2B across India and multiple export markets. Operations run via three Jaipur plants at Bagru and Dahami Khurd with 543 employees as of July 2025.
Advance Agrolife IPO
Mainboard book‑built issue (Fresh + Employee)
UPCOMING IPOAdvance Agrolife is launching a ₹192.86 crore mainboard IPO as a 100% fresh issue of 1,92,85,720 equity shares. The offer opens on September 30, 2025 and closes on October 3, 2025, with allotment expected on October 6 and listing proposed on BSE and NSE on October 8, 2025. The price band is ₹95 to ₹100 per share; the minimum retail application is 1 lot of 150 shares for ₹15,000, and eligible employees receive a ₹5 per‑share discount.
| Face Value | ₹10 per share |
|---|---|
| Issue Price Band | ₹95 to ₹100 per share |
| Offer Structure | Fresh Issue + Employee Reservation |
| Total Shares | 1,92,85,720 shares (aggregating up to ₹192.86 crore) |
| Employee Discount | ₹5 per share |
| Issue Type | Book‑building IPO |
| Listing | BSE, NSE |
| Shareholding (Pre / Post) | 4,50,00,000 / 6,42,85,720 shares |
| Lead Manager | Choice Capital Advisors Pvt. Ltd. |
| Registrar | Kfin Technologies Ltd. |
| Investor Category | Reservation |
|---|---|
| QIB | Not more than 50% of Net Issue |
| NII (HNI) | Not less than 15% of Net Issue |
| Retail (RII) | Not less than 35% of Net Issue |
| IPO Open | Tue, Sep 30, 2025 |
|---|---|
| IPO Close | Fri, Oct 3, 2025 |
| Allotment (Tentative) | Mon, Oct 6, 2025 |
| Refunds Initiation | Tue, Oct 7, 2025 |
| Credit to Demat | Tue, Oct 7, 2025 |
| Listing (Tentative) | Wed, Oct 8, 2025 |
| UPI Mandate Cut‑off | 5 PM on Oct 3, 2025 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 150 | ₹15,000 |
| Retail (Max) | 13 | 1,950 | ₹1,95,000 |
| S‑HNI (Min) | 14 | 2,100 | ₹2,10,000 |
| S‑HNI (Max) | 66 | 9,900 | ₹9,90,000 |
| B‑HNI (Min) | 67 | 10,050 | ₹10,05,000 |
Incorporated in 2002, Advance Agrolife manufactures insecticides, herbicides, fungicides, PGRs, micro‑nutrient and bio‑fertilizers, and technical‑grade inputs for formulations, selling primarily B2B across India and multiple export markets. Operations run via three Jaipur plants at Bagru and Dahami Khurd with 543 employees as of July 2025.
FY2023–FY2025 (₹ crore)
| Assets | Total Income | PAT | EBITDA | Net Worth | Reserves | Total Borrowings |
|---|---|---|---|---|---|---|
| 351.47 (FY25) | 502.88 | 25.64 | 48.25 | 100.87 | 55.87 | 80.45 |
| 259.56 (FY24) | 457.21 | 24.73 | 40.21 | 75.26 | 70.76 | 45.46 |
| 179.47 (FY23) | 397.97 | 14.87 | 25.22 | 50.60 | 46.10 | 25.29 |
Source: IPO trackers and broker pages detailing band, dates, lot, 100% fresh structure, employee discount, listing timeline and financials aligned to the RHP/DRHP.