Advance Agrolife IPO

1.88x

subscribed

Advance Agrolife IPO

Pesticides & Agrochemicals
open
₹14,250Min. investment
  1. Pre-apply
    29 Sep
  2. Bid start
    30 Sep
  3. Bid end
    3 Oct
  4. Allotment
    6 Oct
  5. Release of funds
    7 Oct
  6. Demat transfer
    7 Oct
  7. Listing
    8 Oct

About Advance Agrolife Limited

SectorPesticides & Agrochemicals
Price range₹95.00 – ₹100
IPO type
Regular
Lot size150 shares
Issue size₹192Cr
Red Herring Prospectus
Read
Market Cap
₹642.86CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹502.2CrLower than sector avg
Growth rate3Y CAGR
12.36%

Advance Agrolife Limited IPO Overview

Advance Agrolife Limited IPO date

Advance Agrolife Limited IPO will open for subscription on September 30, 2025, and the closing date for the IPO is October 03, 2025. After this, investors are expected to be updated about the allotment status on October 06, 2025.

Investors who have been allotted shares can expect them to be credited to their demat account on October 07, 2025. The shares will be listed on the NSE and the BSE on Wednesday, October 08, 2025.

Advance Agrolife Limited IPO price band

The IPO includes a fresh issue. The IPO price band has been set between ₹95 to ₹100 per share. Interested investors can choose a price within this band to apply for the IPO.

The IPO is a book-building issue, comprising a fresh issue of ₹192.86 crore.

Advance Agrolife Limited's IPO listing price will be determined on October 08, 2025. The listing price is the price at which a company’s shares debut on the stock exchanges.

Advance Agrolife Limited IPO lot size

Advance Agrolife Limited IPO details have been declared. The minimum lot size for an application is 150 shares, and the investor would have to apply for a minimum of 1 lot. Meanwhile, the IPO issue size is approximately ₹192.86 crore.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
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Revenue
Higher revenue means strong sales and good market demand
This IPO
₹502.2Cr
This sector
₹2,166.44Cr
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PAT
Higher PAT means strong profitability and efficient cost management
This IPO
₹25.64Cr
This sector
₹120.15Cr
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Market cap
Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹642.86Cr
This sector
₹7,758.76Cr
Compare with companies
P/E ratio
Lower ratio usually means stock is undervalued
This IPO
17.54
This sector
32.38
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D/E ratio
Lower ratio usually means fewer liabilities
This IPO
0.80
This sector
0.50
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Objectives

Working capital
70.00%
General corporate purposes
30.00%

Strength and Weakness

Integrated manufacturing facility

The company has three manufacturing facilities spread across a cumulative 49,543.35 sq.m of land at Jaipur, Rajasthan, with having total annual installed capacity of 89,900 MTPA. The manufacturing facilities are equipped with advanced machinery and equipment with automation integrated. The manufacturing facility is strategically located in Rajasthan to serve key agricultural belt states, including Punjab, Uttar Pradesh, Haryana and more.

Diversified product portfolio

It manufactures both technical-grade and formulation-grade agrochemicals through its integrated manufacturing facilities. The product portfolio includes insecticides, herbicides, fungicides, plant growth regulators and other products such as micro-nutrient fertilisers and bio fertilisers. Herbicides contributed 34.24% of revenue, followed by insecticides contributing 31.18%.

Established customer base

The company has established strong customer relations over the course of 23 years of operating experience. It served over 849 customers in FY25, with approximately 94 customers having been with them for over three years, and 26 customers for over 5 years.

Diverse customer presence

The company has successfully expanded its reach across 19 states and 2 union territories in India. Domestic revenue was led by Rajasthan (33.39%), followed by Gujarat (13.67%) and Haryana (13.23%) in FY25. In addition to serving the domestic market, its products were exported to 7 countries, including the UAE, Bangladesh, China (including Hong Kong), Turkey, Egypt, Kenya, and Nepal.

About Advance Agrolife Limited

Incorporated in February 2002, Advance Agrolife Limited is an agrochemical company engaged in manufacturing a comprehensive range of crop protection and nutrition products. Its offerings span across the entire crop lifecycle, covering major cereals, vegetables, and horticultural crops across both kharif and rabi seasons.
The product portfolio includes insecticides, herbicides, fungicides, plant growth regulators, as well as micronutrient fertilisers and bio-fertilisers. As of March 31, 2025, the company holds 410 registrations, comprising 380 for formulation grade products and 30 for technical grade products, strengthening its position in the domestic and export markets.
The company operates through three integrated manufacturing facilities in Jaipur, Rajasthan, spread across approximately 49,543 sq m with an installed capacity of 89,900 MTPA in FY25. These facilities are equipped with advanced equipment, including 2-4D amine salt glass-lined reactors, glass-lined reactors, PP spiral cylindrical vertical reactors, reactor vessels, and high-capacity spray dryers. It is accredited with ISO 9001:2015 (Quality Management System) and ISO 14001:2015 (Environmental Management System). Advance Agrolife has a strong domestic footprint with presence across 19 states and 2 union territories, supported by B2B customers such as DCM Shriram Limited, IFFCO MC Crop Science, Indogulf Cropsciences, Crystal Crop Protection, and Mankind Agritech.
In FY25, 97.98% of revenue came from India, with the balance from exports to seven countries, including the UAE, Bangladesh, China (incl. Hong Kong), Turkey, Egypt, Kenya, and Nepal. The company served 849 corporate customers in FY25, with 94 maintaining relationships for over three years. Notably, its top 10 customers contributed 69.57% of revenue in FY25, reflecting deep and enduring partnerships. Production has steadily expanded, with 2,33,197.06 MT manufactured since 2008. In FY25 alone, it produced 44,276.27 MT of agrochemicals, up from 34,344.79 MT in FY23. Under formulation grade products, insecticides contributed 31.18% of the total FY25 revenue, herbicides 34.24% and fungicides 30.83%. Under technical grade, herbicides contributed 0.94% of the revenue. Formulation grade (micro-nutrient fertiliser, bio fertilisers) and export incentives contributed 2.38%.
Between 2019 and 2024, the market size of the global crop protection & nutrition industry grew at a CAGR of 6.2% and is expected to grow at a CAGR of 6.3% over the forecast period 2024-2029, on account of a substantial increase in the production of food products worldwide. The demand for crop-protection chemicals in India is poised for robust growth, projected to rise from 61,097 tonnes in FY20 to 89,170 tonnes by FY36. The company’s primary presence in the agriculture belt, such as Rajasthan, Uttar Pradesh, Haryana, and Gujarat, which are the backbone of India’s crop output, positions it to take advantage of this growth with an increase in the demand for its crop protection and nutrition products. Advance Agrolife is planning to expand its technical-grade manufacturing capabilities by setting up a new facility in Gidhani, Jaipur, Rajasthan. The company is focusing on expanding its customer base, deepening relationships with existing customers by improving the existing products, and also increasing the number of products that it manufactures.
Now, Advance Agrolife Ltd is launching its initial public offering (IPO), which is a complete fresh issue worth ₹192.86 crore. Its shares will be listed on the NSE and BSE.

IPO Subscription Status

Date
QIB
NII
Retail
Total
30-Sep-25
0.0 times (X)
0.61 times (X)
0.59 times (X)
0.43 times (X)
01-Oct-25
3.5X
1.22X
1.24X
1.88X

Latest News on IPO

news logo
Jaipur-based Advance Agrolife, a B2B agrochemical manufacturer, has filed preliminary papers with SEBI to raise funds via IPO, comprising a fresh issue of up to 1.92 crore equity shares. The company aims to utilize Rs 135 crore for working capital and the remainder for general corporate purposes. It reported a 66.3% profit growth to Rs 24.7 crore in FY24, with revenue at Rs 455.9 crore.
news logo
Advance Agrolife Limited, an agrochemical company, has filed a Draft Red Herring Prospectus (DRHP) with SEBI to raise funds through an IPO. The IPO consists of a fresh issue of 19,285,720 shares, with ₹135 crore allocated for working capital and corporate purposes. The company manufactures agrochemicals, including insecticides, herbicides, and fungicides, serving domestic and international market.
news logo
Advance Agrolife IPO: The Jaipur-based company's initial share is solely a fresh issuance of 19,285,720 shares worth ₹192.86 crore without an offer for sale (OFS) component.

3 min read

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Advance Agrolife IPO ?

The issue size of the Advance Agrolife IPO is 192 Cr.

What is 'pre-apply' for Advance Agrolife IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Advance Agrolife IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Bidding closes on 3 Oct 2025, 5:00 PM