Advance Agrolife Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 9,627,660 (50%) | — | ₹9,628 Cr |
| NII (HNI) | — | 2,888,358 (21%) | — | ₹2,888 Cr |
| Retail | — | 6,739,502 (50%) | — | ₹6,740 Cr |
| Σ Total | — | 19,285,520 (100%) | — | ₹192,855 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 150 | ₹15,000 |
| Retail (Max) | 13 | 1,950 | ₹195,000 |
| S-HNI (Min) | 14 | 2,100 | ₹210,000 |
| B-HNI (Min) | 67 | 10,050 | ₹1,005,000 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 503 | 457 | 398 |
| EBITDA | 48 | 40 | 25 |
| Profit After Tax | 26 | 25 | 15 |
| Net Worth | 101 | 75 | 51 |
| Total Assets | 351 | 260 | 179 |
| Reserves & Surplus | 56 | 71 | 46 |
| Total Borrowing | 80 | 45 | 25 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding Working Capital requirements of the Company. – 135
- General corporate purposes. –
Company Overview
Incorporated in 2002, Advance Agrolife Limited is engaged in the manufacturing of a wide range of agrochemical products that support the entire lifecycle of crops. The company's products are used in cultivating major cereals, vegetables, and horticultural crops across both Kharif and Rabi seasons in India.
Product Portfolio:
- Agrochemicals: Insecticides, herbicides, fungicides, and plant growth regulators.
- Fertilizers: Micro-nutrient fertilizers and bio-fertilizers.
- Technical Grade Products: Raw active ingredients used in the production of agrochemical formulations such as pesticides, herbicides, fungicides, and fertilisers.
The company primarily operates through direct sales to corporate customers on a B2B basis. The company serves clients across 19 states and 3 union territories in India and exports products to UAE, Bangladesh, China (including Hong Kong), Turkey, Egypt, Kenya, and Nepal.
Manufacturing Facilities:Advance Agrolife Limited operates three manufacturing facilities located in Jaipur, Rajasthan:
- Manufacturing Facility I – Bagru, Jaipur, Rajasthan
- Manufacturing Facility II – Dahami Khurd, Jaipur, Rajasthan
- Manufacturing Facility III – Dahami Khurd, Jaipur, Rajasthan
As of July 15, 2025, the company had 543 permanent employees, including skilled and unskilled workers.
Competitive Strengths:
- Established, integrated manufacturing setup at strategic location
- Diversified product portfolio of agrochemical products.
- Established customer base and strong relationships.
- Strong Promoters and experienced management team.
- Track Record of healthy growth