Advance Agrolife was incorporated on February 27, 2002. The company manufactures a diverse range of agrochemical products, including insecticides, herbicides, fungicides, and plant growth regulators, catering to major crops across both Kharif and Rabi seasons in India. It also produces micronutrients and biofertilisers to support crop growth
| Bidding Dates |
|---|
| 30 Sep 2025 - 03 Oct 2025 |
| Subscription |
|---|
| 56.85x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹14,250 | 1 | 13 | 150 | 19.3 M | ₹95 - ₹100 | 69.89 % | ₹1832.1 M - ₹1928.6 M | RHP DOC |
Advance Agrolife IPO SUBSCRIPTION STATUS
03 Oct '25Advance Agrolife IPO overall subscription rate was 56.85 times the total available shares
Advance Agrolife IPO retail subscription rate was 23.06 times in the retail segment
Advance Agrolife IPO non-institutional investor subscription rate was 175.3 times in the non-institutional investor category
Advance Agrolife IPO Qualified Institutional Bidder subscription rate was 27.31 times the available shares for Qualified Institutional Bidder
Advance Agrolife IPO Employees subscription rate was 38.42 times in the Employees category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers | Employees |
|---|---|---|---|---|
| Category Reservation | 35% | 15% | 50% | - |
03 Oct 2025 (Day 3) | 23.06x | 175.3x | 27.31x | 38.42x |
01 Oct 2025 (Day 2) | 1.22x | 1.22x | 3.5x | 2.48x |
30 Sep 2025 (Day 1) | 0.58x | 0.61x | 0x | 1.2x |
Advance Agrolife FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY25 | 502.3 | 25.6 | 5.7 | -27.4 | 9.6% |
| FY24 | 455.9 | 24.7 | 14.8 | -15.3 | 8.8% |
| FY23 | 397.8 | 14.9 | 6.2 | -2.0 | 6.3% |
Advance Agrolife IPO SUBSCRIPTION STATUS DETAILS
Advance Agrolife had 19.3 M shares on offer
Advance Agrolife IPO offer price was in the range ₹95 - ₹100
Advance Agrolife IPO minimum Investment was ₹14250
Advance Agrolife IPO issue size was ₹ 1832.1 M - ₹ 1928.6 M
Advance Agrolife had a minimum lot size of 150 Shares per application
Advance Agrolife NUMBER OF SHARES ON OFFER
Advance Agrolife IPO IMPORTANT DATES
| Issue Open Date | 30 Sep 2025 |
| Issue close Date | 03 Oct 2025 |
| Allotment Date | 06 Oct 2025 |
| Refund Date | 07 Oct 2025 |
| Demat Account Credit Date | 07 Oct 2025 |
| Listing Date | 08 Oct 2025 |
| Listing on Exchange(s) | NSE and BSE |
| Advance Agrolife Allotment Status | Exchange/ Registrar |
Advance Agrolife IPO subscription opened on 30 Sep 2025, and closed on 03 Oct 2025
IPO allotment for Advance Agrolife was finalized on Monday, 06 Oct 2025
IPO listing for Advance Agrolife was on NSE and BSE on Wednesday, 08 Oct 2025
Advance Agrolife IPO LISTING GAINS
| Issue Price (adjusted) | 100.0 |
| Listing Open Price | 114.0 |
| Listing Close Price | 108.3 |
| Listing Gain% | 14.0% |
| Current Gain% | 27.2% |
Advance Agrolife Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Advance Agrolife Ltd. | 127.2 | 817.6 | 16.7 | 0.2 | 1 | 11.4 | 5.6 | 641.8 | 27.6 | 35.3 | 37.6 | 7.6 | 78.7 |
| UPL Ltd. | 573 | 48370.9 | 25.1 | 0.4 | 0.9 | 5.5 | 2 | 52502 | 11.4 | 1922 | 114.3 | 22.8 | 61.5 |
| PI Industries Ltd. | 2774.6 | 42095.7 | 31.9 | -1.6 | 6.3 | 11.8 | 9.8 | 7024.4 | -15.6 | 1320.8 | -20.4 | 87.1 | -20.4 |
| Sumitomo Chemical India Ltd. | 533 | 26602 | 45.9 | 11.5 | 8.2 | 16 | 12.1 | 3385 | 3.6 | 543 | 7.4 | 11.6 | 4 |
| Bayer Cropscience Ltd. | 4177.2 | 18773.2 | 25.6 | 1.1 | 3.4 | 23.2 | 12.1 | 5770 | 3.2 | 689.2 | 21.3 | 162.9 | 23.6 |
| Sharda Cropchem Ltd. | 814 | 7344.4 | 11.7 | 0.2 | 1.4 | 21.7 | 11.8 | 5409.8 | 23.5 | 680.9 | 123.7 | 69.4 | 49.1 |
Advance Agrolife INFORMATION ON IPO ISSUE
About Advance Agrolife
Advance Agrolife was incorporated on February 27, 2002. The company manufactures a diverse range of agrochemical products, including insecticides, herbicides, fungicides, and plant growth regulators, catering to major crops across both Kharif and Rabi seasons in India. It also produces micronutrients and biofertilisers to support crop growth
Object of the Issue
- Funding working capital requirements of the company
- General corporate purposes
Advance Agrolife - PROMOTERS
| Name |
|---|
| Om Prakash Choudhary |
| Kedar Choudhary |
| Manisha Choudhary |
| Geeta Choudhary |
Advance Agrolife - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Om Prakash Choudhary | Chairman & Managing Director |
| Kedar Choudhary | Whole-Time Director |
| Narendra Choudhary | Executive Director |
| Seema Singh | Non-Executive Independent Director |
| Manjit Singh Kochar | Non-Executive Independent Director |
| Rakesh Verma | Non-Executive Independent Director |
Advance Agrolife Book Running Lead Manager
Choice Capital Advisors Private Limited
aal.ipo@choiceindia.com
Advance Agrolife Registrar to the Offer
KFin Technologies Limited
advance.ipo@kfintech.com
Advance Agrolife Strengths
Diversified product portfolio
The company is a B2B agrochemical manufacturer producing both Technical and Formulation Grade agrochemicals through integrated facilities. Its diverse product range, including insecticides, herbicides, fungicides, and plant growth regulators, supports major crops across the Kharif and Rabi seasons in India
Client relationship
With over 22 years of experience, the company has built strong customer relationships by offering high-quality, customised agrochemical products. Its customer-centric approach has driven business growth and expanded its market presence
Geographical advantage
The company operates three manufacturing facilities in Jaipur, Rajasthan, covering 41,480.35 sq.m, with a total annual installed capacity of 89,900 MTPA. Equipped with advanced automation and technology, these facilities optimise efficiency, enhance product quality, and enable scalable production to meet market demand
Advance Agrolife Risks
Non-compliance risks
The company must meet strict technical and quality standards for its Technical and Formulation Grade agrochemicals. Non-compliance could result in customer loss, reputational damage, and negative business impacts
Limited operating history
In September 2024, the company began producing Technical Grade agrochemicals as part of its backward integration strategy to reduce supplier dependence and improve efficiency. The scale-up phase may face challenges like operational inefficiencies and quality control issues
Natural calamities
The company's performance depends on weather conditions and seasonal trends. Natural events like droughts, floods, and unseasonal rainfall affect crop health, impacting demand for agrochemicals
IPO FAQs
The promoters of the company are Om Prakash Choudhary, Kedar Choudhary, Manisha Choudhary and Geeta Choudhary.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 95.0 - 100.0.
The IPO application opens on Sep 30, 2025 and closes on Oct 03, 2025.
The minimum lot size for the IPO is 150. The maximum lot size for the IPO is 1950.
For all category investors, the minimum application amount for this IPO is Rs. 14,250.0, the maximum value for this IPO is Rs 195,000.0.
This IPO will be allotted on Oct 06, 2025.
The refund will be credited to your account on Oct 07, 2025.
The allotted shares will be credited to your demat on Oct 07, 2025.
Advance Agrolife Ltd.’s shares listed on the stock exchanges on Oct 08, 2025.