Advance Agrolife Limited IPO

Advance Agrolife Limited IPO

Mainboard NSE & BSE 100% Book Built Offer
Closed

Price Band

₹95 - ₹100

Total Issue

₹192.86 Cr

Bid Dates

30 Sep - 03 Oct

Subscription

56.85x

Est. GMP

₹0 (0.00%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Advance Agrolife is an agrochemical manufacturer offering a comprehensive range of products that support the full crop lifecycle. Its portfolio includes insecticides, herbicides, fungicides, plant growth regulators, micronutrient fertilizers, and bio-fertilizers, catering to major cereals, vegetables, and horticultural crops across both Kharif and Rabi seasons in India. As of the Red Herring Prospectus date, it holds 410 generic registrations—380 Formulation Grade and 30 Technical Grade. The Company operates integrated manufacturing facilities for both grades. Products are sold domestically on a B2B basis across 19 states and 2 union territories, and exported to 7 countries including UAE, Bangladesh, China, Turkey, Egypt, Kenya, and Nepal.

Lot Info

Lot Information for Advance Agrolife IPO
Category 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

Category Reservation

QIB 50%
NII 15%
Ret 35%
Employee
30000 EQ Shares
Shareholder
₹0.00

Issue Size

Total ₹192.86 Cr
Fresh Issue
₹192.86 Cr (1.93 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of Issue

  1. Funding working capital requirements of our Company
  2. General corporate purposes

Grey Market Premium

GMP ₹0
Est. Price ₹100
Est. Gain 0.00%

Advance Agrolife IPO Peer Comparison

(Rs. in crores)

Advance Agrolife IPO Peer Comparison Table
Particulars Advance Agrolife Dharmaraj Corp Insecticides India Heranba Industries PI Industries Sharda Cropchem
Revenue from Ops (in Crs.) 502.26 951.04 1,999.95 1,409.73 7,977.80 4,319.85
PAT (In Crs.) 25.64 34.83 142.02 2.26 1,660.20 304.42
EPS - Basic 5.70 10.68 48.38 0.77 109.44 33.74
NAV per share 22.42 116.70 372.74 210.15 668.22 277.21
RONW 29.11% 9.24% 13.55% 0.37% 17.58% 12.85%
EBITDA 9.61% 8.09% 11.41% 7.48% 31.63% 15.17%
PAT Margin 5.10% 3.66% 7.10% 0.16% 20.81% 7.05%
Price to earning (PE) 17.54 34.60 16.99 34.29 30.33
Debt to Equity 0.80 0.29 0.10 0.41 0.02 0.00
  • All information pertains to FY 2024-25.
  • PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of September 2, 2025 for Peers

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Advance Agrolife IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue from Operations 502.26 455.90 397.81
Profit after Tax 25.64 24.73 14.87
Net Worth 100.87 75.26 50.60
Total Borrowing 80.45 45.46 25.29
Total Assets 351.47 259.56 179.47
NAV per share (in ₹) 22.42 16.73 11.24
EPS - Basic (in ₹) 5.70 5.50 3.30

KPIs

EBITDA

9.61%

PAT

5.10%

RONW

29.11%

ROCE

27.02%

Debt to Equity

0.80

PE Ratio

17.54

PB Ratio

4.46

Mkt Cap (in Crs.)

642.86

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Shareholding

Promoter

99.84%

Public

0.16%

Om Prakash Choudhary 54.17%
Kedar Choudhary 36.05%
Others 9.62%

Management

Om Prakash Choudhary Chairman and MD
Mewa Ram Mehta CFO

Registrar & Lead Managers

Lead Managers (1)

Subscription Status

Updated as on 03-Oct-2025 19:00:00

Mainboard Subscription Status for Advance Agrolife IPO
Category Sub (x) Offered Bids
QIB 27.31 38,51,144 10,51,55,850
NII 175.30 28,88,358 50,63,28,000
bHNI 202.06 19,25,572 38,90,83,500
sHNI 121.78 9,62,786 11,72,44,500
Retail 23.06 67,39,502 15,54,00,450
Employee 38.42 30,000 11,52,600
Total 56.85 1,35,09,004 76,80,36,900

Frequently Asked Questions

What is Advance Agrolife IPO?
Advance Agrolife IPO is a Mainboard IPO having an issue size of ₹192.86 Crs. Advance Agrolife IPO is priced at ₹95 - ₹100 per share. The issue opens on 30 Sep 25 and closes on 03 Oct 25.
When will Advance Agrolife IPO open?
Advance Agrolife IPO opens on 30 Sep 25 and closes on 03 Oct 25.
What is the GMP of Advance Agrolife IPO?
The estimated Grey Market Premium of Advance Agrolife IPO is ₹0 per share (0.00%).
What is the lot size of Advance Agrolife IPO?
The minimum lot size of Advance Agrolife IPO is 150 shares & the minimum application amount is Rs. 15000.
When is the allotment of Advance Agrolife IPO?
The allotment date of Advance Agrolife IPO is 06 Oct 25.
What is the listing date of Advance Agrolife IPO?
The listing date of Advance Agrolife IPO is 08 Oct 25.
What is the subscription of Advance Agrolife IPO?
Advance Agrolife IPO is subscribed 56.85 times.
What is the price band of Advance Agrolife IPO?
Advance Agrolife IPO is priced at ₹95 - ₹100 per share.
How to check allotment status of Advance Agrolife IPO?
Click the allotment link on Advance Agrolife IPO page of IPO360.
How to apply Advance Agrolife IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Advance Agrolife IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Advance Agrolife IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Advance Agrolife IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date