Advance Agrolife, a prominent agrochemical products manufacturer, made a robust debut on the Indian stock exchanges on October 8, 2025. Shares of Advance Agrolife opened at ₹114 per share on the NSE, reflecting a premium of 14 per cent over the issue price of ₹100. On the BSE, the shares listed at ₹113, up 13 per cent from the IPO price. This strong market response highlights the significant investor interest in the company and its growth potential.
IPO Subscription and Investor Response
The initial public offering of Advance Agrolife (Advance Agrolife IPO) ran from September 30 to October 3, 2025, at a price band of ₹95–100 per share, with a lot size of 150 shares. The IPO consisted entirely of a fresh issue of 19.3 million equity shares, raising ₹192.86 crore. The issue received an overwhelming response from investors, being oversubscribed 56.85 times overall. Non-institutional investors demonstrated particularly strong demand, oversubscribing their quota by 175.30 times. The basis of allotment was finalised on October 6, 2025, with the issue price fixed at ₹100 per share, the upper end of the price band.
Use of IPO Proceeds
Advance Agrolife plans to utilise the proceeds primarily to fund its working capital requirements. Additionally, part of the funds will be allocated to general corporate purposes, supporting the company’s broader operational and strategic initiatives.
Book-Running Lead Manager and Registrar
KFin Technologies served as the registrar for the public issue, while Choice Capital Advisors was appointed as the sole book-running lead manager (BRLM), overseeing the smooth execution of the IPO process.
About Advance Agrolife
Founded to support agricultural productivity, Advance Agrolife specialises in manufacturing a comprehensive range of agrochemical products that cater to the entire crop lifecycle. Its product portfolio includes insecticides, herbicides, fungicides, plant growth regulators, as well as micronutrient fertilisers and biofertilisers. These products are primarily distributed through direct B2B sales across 19 states and 2 union territories in India.
Beyond the domestic market, Advance Agrolife has established a presence in international markets, exporting to countries including the UAE, Bangladesh, China (including Hong Kong), Turkey, Egypt, Kenya, and Nepal. The company continues to focus on expanding its market reach while delivering high-quality agrochemical solutions to its customers.
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Conclusion
The successful listing of Advance Agrolife shares with double-digit gains marks a positive milestone for the company and the Indian IPO market. With strong investor participation and a well-defined growth strategy, Advance Agrolife is well-positioned to leverage its product portfolio, distribution network, and global reach to sustain long-term growth in the agrochemical sector.
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