Advance Agrolife IPO Details
Advance Agrolife IPO, a book-built issue worth Rs. 192.86 crore, is entirely a fresh issue of 1.93 crore shares. The IPO opens on September 30, 2025, and closes on October 3, 2025. The price band is fixed at Rs. 95–100 per share with a lot size of 150 shares.
For retail investors, the minimum investment is Rs. 15,000 at the upper band, while sNII requires Rs. 2,10,000 (14 lots) and bNII Rs. 10,05,000 (67 lots).
The shares are proposed to be listed on BSE and NSE on October 8, 2025.
Choice Capital Advisors Pvt. Ltd. is the book running lead manager, and Kfin Technologies Ltd. is the registrar to the issue.
🕗 Last Update: 26 September 2025, 6.00 AM
IPO Key Dates
| Anchor portion | |
| IPO opens on | 30 Sept 2025 |
| IPO Closes on | 3 Oct 2025 |
| IPO Allotment on | 6 Oct 2025 |
| Unblocking of Asba | 7 Oct 2025 |
| Credit of Shares | 7 Oct 2025 |
| Listing of Shares | 8 Oct 2025 |
The promoters
Om Prakash Choudhary, Kedar Choudhary, Manisha Choudhary and Geeta Choudhary are the company promoters.
The promoters hold 99.84% shares in the post IPO capital of the company.
Objects of IPO
The Offer comprises of fresh issue of capital and the offer for sale & the objects are
| Objects of the Issue | Rs.in crores |
| Funding working capital of the company | 135 |
| General corporate purposes |
Business :
IPO Details
| Opens On | 29 Sept 2025 |
| Closes on | 01 Oct 25 |
| Face Value | Rs.10 |
| Issue Price Band | Rs.128 to Rs.135 |
| Lot Size | 11 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 9060074 shares |
| Total Issue Size | Rs.122.31 Cr |
| Employee Discount | Rs. 0 |
| Shareholder Discount | Rs. 0 |
| Listing At | BSE, NSE |
How are the shares offered?
| Investor Category | Shares Offered |
| QIB Shares Offered | Not less than 30% of the Net Offer |
| Retail Shares Offered | Not more than 40% of the Net Offer |
| NII Shares Offered | Not more than 40% of the Net Offer |
How can the shares be applied?
| Application | Lots | Shares | Amount Rs. |
| Retail (Min) | 1 | 114 | 14,706 |
| Retail (Max) | 13 | 1,482 | 1,91,178 |
| S-HNI (Min) | 14 | 1,596 | 2,05,884 |
| S-HNI (Max) | 67 | 7,638 | 9,85,302 |
| B-HNI (Min) | 68 | 7,752 | 10,00,008 |
How to check Allotment Status
Allotment of this IPO will be announced on 3 October 2025 and the link to check allotment is given below:
https://ipostatus.kfintech.com/
| Registered Office of the company Advance Agrolife Ltd. E-39, RIICO Industrial Area Ext. Bagru, Jaipur, Rajasthan, 303007 Email: cs@advanceagrolife.com |
|
| The Lead Managers Choice Capital Advisors Pvt Ltd |
|
| Registrar to IPO | |
| Kfin Technologies ltd |
Financial Snapshot
| Period Ended | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 |
| Assets | 351.47 | 259.56 | 179.47 |
| Total Income | 502.88 | 457.21 | 397.97 |
| Profit After Tax | 25.64 | 24.73 | 14.87 |
| EBITDA | 48.25 | 40.21 | 25.22 |
| NET Worth | 100.87 | 75.26 | 50.6 |
| Reserves and Surplus | 55.87 | 70.76 | 46.1 |
| Total Borrowing | 80.45 | 45.46 | 25.29 |
| Amount in Rs. Crore | |||
Key Performance Indicators
| KPI | Values |
| ROE | 25.42% |
| ROCE | 27.02% |
| Debt/Equity | 0.8 |
| RoNW | 29.11% |
| PAT Margin | 5.10% |
| EBITDA Margin | 9.61% |
| Price to Book Value | 5.98 |
| EPS | 5.7 |
| PER | 17.55 |
Peer Comparison
| Company Name | P/E (x) | RoNW (%) |
| Advance Agrolife Ltd. | 29.11 | |
| Dharmaj Crop Guard Limited | 34.6 | 9.24 |
| Insecticides (india) Limited | 16.99 | 13.55 |
| Heranba Industries Limited | 0.37 | |
| Pi Industries Limited | 34.29 | 17.58 |
| Sharda Cropchem Limited | 30.33 | 12.85 |
IPO Concise Review by Paresh Gordhandas, CA & Research Analyst
Advance Agrolife Ltd has reported steady growth in recent years, with FY25 income rising to Rs. 502.88 crore from Rs. 457.21 crore in FY24, while PAT improved to Rs. 25.64 crore. EBITDA margins stood at 9.61%, reflecting healthy operational efficiency. The company’s net worth has expanded to Rs. 100.87 crore, though borrowings increased to Rs. 80.45 crore, keeping the debt-equity at a moderate 0.8.
Key return ratios are robust — ROE at 25.42%, ROCE at 27.02%, and RoNW at 29.11%, highlighting efficient capital utilization. At the IPO price of Rs. 100, the stock is valued at a P/E of 17.55x on FY25 EPS of Rs. 5.7, which appears reasonable given its strong fundamentals and growth prospects in agrochemicals. The company’s diversified portfolio and wide client base add further strength.
Advance Agrolife IPO dates
Advance Agrolife IPO price & Lot
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