Advance Agrolife IPO Day 3: Check Subscription Status & Key Highlights
The ₹192.86 crore initial public offering (IPO) of Advance Agrolife entered its final day of subscription today, with the issue subscribed 1.87x by the end of Day 2.
Advance Agrolife IPO: Issue Details
- Issue Size: Advance Agrolife IPO is a book-building issue of ₹192.86 crores, consisting entirely of a fresh issue of 1.93 crore shares.
- Price Band: The price band is set between ₹95 and ₹100 per share.
- Book-running lead manager: Choice Capital Advisors Pvt. Ltd.
- Registrar: KFin Technologies Limited
- Listing: The shares are proposed to be listed on the NSE and the BSE on October 8.
Advance Agrolife IPO Day 3: Subscription Details
[3-October-2025 19:00:00]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
27.31 |
|
Non-Institutional Investors |
175.30 |
|
Retail Individual Investors (RIIs) |
23.06 |
|
Employees |
38.42 |
|
Total |
56.85 |
Utilisation of IPO Proceeds
The company aims to use the net proceeds from the fresh issue towards the following objectives.
- Fund working capital requirements
- General corporate purposes
Advance Agrolife Business Overview
Advance Agrolife is a leading agrochemical enterprise engaged in the production and distribution of a comprehensive range of crop protection and enhancement products. Their core product category encompasses insecticides, herbicides, fungicides, plant growth regulators, micronutrient-based fertilizers and bio-fertilizers.
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