Advance Agrolife IPO Lists at ₹114, Jumps 14% on Listing Day Amid Strong Institutional and Retail Demand

Mumbai, October 8, 2025: Jaipur-based agrochemical company Advance Agrolife Limited IPO made a strong market debut today, listing at ₹114 per share, a 14% premium to its issue price of ₹100. The stock opened firm and quickly touched an intraday high of ₹114.50 and a low of ₹111, reflecting robust investor sentiment following one of the most subscribed SME issues of the year.

As of 12:23 PM IST, the stock was trading at ₹108.30, up 8.30% from the IPO price. Total trading volume reached 71.92 lakh shares, with a turnover of ₹81.64 crore. Based on NSE data, the market capitalization crossed ₹718.71 crore.

Advance Agrolife IPO Strong Debut Backed by Institutional Confidence

Advance Agrolife’s listing success was underpinned by strong demand across all investor segments during the subscription period. The ₹192 crore IPO, open from September 30 to October 3, 2025, was oversubscribed 56.9 times, highlighting investor confidence in the company’s fundamentals and long-term growth potential.

• QIB portion: 27.31 times subscribed
• Non-Institutional Investors (NIIs): 175.30 times subscribed
• Retail Investors (RIIs): 23.06 times subscribed
• Employee quota: 38.42 times subscribed

The broad-based subscription indicates widespread investor enthusiasm across categories.

Advance Agrolife IPO Anchor Book Support

Before the IPO, Advance Agrolife raised ₹57.77 crore through its anchor book on September 29, 2025, issuing 57.76 lakh shares at ₹100 each to marquee institutional investors. Key participants included Wealthwave Capital Fund, Meru Investment Fund PCC – Cell 1, Aidos India Fund Ltd, Astrone Capital VCC – Arven, Pine Oak Global Fund – Class B, Santosh Industries Ltd, Shine Star Build-Cap Pvt Ltd, Sunrise Investment Trust, and Venus Investments VCC – Venus Stellar Fund.

Interestingly, no local mutual funds were allocated shares in the anchor tranche, though foreign institutional participation remained strong, reflecting global interest in India’s agrochemical sector.

Advance Agrolife IPO Financial Performance and Business Profile

Founded in 2002 and headquartered in Jaipur, Advance Agrolife Limited is a rapidly expanding agrochemical company. It manufactures and markets a diverse portfolio including insecticides, fungicides, herbicides, plant growth regulators, micronutrient fertilizers, and bio-fertilizers. Its integrated facilities produce both formulation-grade and technical-grade chemicals, ensuring cost efficiency and quality control.

For FY2025, the company reported 410 product registrations, including 380 formulations and 30 technicals, with a revenue of ₹5,022.6 million and a net profit of ₹256.4 million.

Products are available in 19 states and 2 union territories of India, with exports to UAE, Bangladesh, China, Turkey, Egypt, Kenya, and Nepal.

Advance Agrolife IPO Use of Proceeds and Market Listing

IPO proceeds are primarily allocated to working capital needs (₹135 crore) and general corporate purposes, supporting capacity expansion, new product development, and market penetration. Advance Agrolife’s shares are listed on NSE and BSE, with BSE as the designated exchange.

The successful IPO marks a promising start for a mid-sized agrochemical company in a growing industry driven by rising farm productivity and export opportunities. The positive reception from both institutional and retail investors underscores increasing confidence in India’s agrochemical sector.

REF: https://www.nseindia.com/get-quotes/equity?symbol=ADVANCE

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations