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.
[3-October-2025 11:15:00]
Investor Category |
Subscription (Times) |
Qualified Institutional Buyers (QIBs) |
3.52 |
Non-Institutional Investors |
14.64 |
Retail Individual Investors (RIIs) |
4.39 |
Employees |
6.52 |
Total |
6.34 |
The company aims to use the net proceeds from the fresh issue towards the following objectives.
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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