Advance Agrolife IPO Opens Today: ₹192.86 Crore Issue, Anchor Investors Pick Up ₹57.8 Crore Allocation

Mumbai, 30 September 2025: Agrochemical maker Advance Agrolife Limited has launched its ₹192.86 crore Initial Public Offering (IPO) for public subscription today. The issue will remain open until 3 October 2025, with the shares set to list on NSE and BSE on 8 October 2025.

Founded in 2002 and headquartered in Jaipur, Advance Agrolife Limited operates in the agrochemical industry, focusing on sustainable crop protection solutions. The company runs manufacturing facilities and leverages its research and development (R&D) capabilities to build innovative products for both domestic and international markets. With a broad distribution network, Advance Agrolife has steadily expanded its presence in key agricultural regions.

Advance Agrolife IPO Strong Start as Anchor Investors Commit ₹57.77 Crore at ₹100 Per Share

Ahead of the IPO opening, Advance Agrolife raised ₹57.77 crore from anchor investors on 29 September 2025, allocating 57,76,716 equity shares at the upper price band of ₹100 per share. Notably, the anchor portion saw participation from global funds such as Wealthwave Capital Trust, Meru Investment Fund PCC, and Aidos India Fund Ltd., while no domestic mutual funds were allotted shares.

This early subscription underscores institutional interest in the company’s offering, setting a solid tone as the public issue opens. The IPO comes at a time when capital-intensive manufacturing businesses are prioritising working capital infusion to scale growth.

Advance Agrolife IPO Structure: Price Band at ₹95-₹100 With Lot Size of 150 Shares

The book-built issue is priced in the range of ₹95-₹100 per share with a lot size of 150 shares, translating to ₹15,000 at the upper band. The offering is entirely a fresh issue of 1.93 crore equity shares, aggregating to ₹192 crore with no offer-for-sale (OFS) component.

The company has earmarked ₹135 crore from the proceeds towards working capital requirements, while the remainder will be channelled into general corporate purposes. The finalisation of allotments will take place on 6 October 2025, refunds and share credits on 7 October 2025, followed by listing on 8 October 2025.

Advance Agrolife IPO Financials Show 10% Revenue Growth and 4% PAT Increase in FY25

Advance Agrolife IPO reported a 10% rise in revenue to ₹502.88 crore in FY25, compared with ₹457.21 crore in FY24. Profit after tax (PAT) increased by 4% year-on-year to ₹25.64 crore, up from ₹24.73 crore. Total assets stood at ₹351.47 crore in FY25, while net worth expanded to ₹100.87 crore against ₹75.26 crore in FY24. The company’s EBITDA also rose to ₹48.25 crore in FY25, compared with ₹40.21 crore in FY24, highlighting consistent operational growth.

Advance Agrolife IPO Institutional Interest Signals Confidence in Agrochemical Growth Potential

The significant anchor backing, particularly from international funds, reflects confidence in the company’s business model. For Advance Agrolife, which has positioned itself as a sustainable agrochemical manufacturer, this inflow of capital is expected to support stronger distribution and research-led product expansion.

With agricultural input demand rising and the sector pivoting towards environment-friendly crop protection, the IPO timing aligns with wider industry trends. This explains the heightened institutional appetite visible in the anchor allotment stage.

Advance Agrolife’s ₹192 crore IPO, supported by a strong ₹57.77 crore anchor book, reflects global institutional interest in the agrochemical sector. The offering, entirely a fresh issue, highlights the company’s focus on scaling working capital and expanding corporate operations. Listing is scheduled for 8 October 2025 on NSE and BSE, with allotment finalisation on 6 October 2025.

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