Advance Agrolife Limited, a Jaipur-based agrochemical company, has launched its Initial Public Offering (IPO) to raise ₹192.86 crore. The IPO opened on September 30, 2025, and will close on October 3, 2025. The price band is set between ₹95 and ₹100 per share, with a minimum lot size of 150 shares. The tentative listing date is October 8, 2025.
As of October 1, 2025, the Grey Market Premium (GMP) for Advance Agrolife's IPO stands at ₹13, indicating a 13% potential listing gain over the issue price. This reflects positive investor sentiment ahead of the listing.
On Day 1 of the subscription (September 30, 2025), the IPO was subscribed 42% overall, with the retail portion subscribed 0.75 times and the Non-Institutional Investors (NII) segment subscribed 0.72 times. By October 1, 2025, the overall subscription status was at 0.53 times, while the retail portion remained at 0.75 times and the NII segment at 0.72 times.
Advance Agrolife Limited specializes in manufacturing a wide range of agrochemical products that support the entire lifecycle of crops. The company plans to utilize the net proceeds from the IPO for capital expenditure (CAPEX) expansion, which is expected to boost its business volume.
Analysts have mixed views on the IPO. Some suggest that high-risk investors may consider applying due to the company's steady business and potential order book growth. Others recommend caution, as the agrochemical segment is highly competitive and market conditions can affect performance.
Risk Disclaimer
Investing in IPOs involves risks, including the potential loss of capital. The Grey Market Premium (GMP) is an unofficial indicator and may not reflect the actual listing price. Investors should conduct thorough research and consult with financial advisors before making investment decisions.
