Advance Agrolife IPO: Price, Analysis, Allotment, And GMP

Advance Agrolife IPO - Company Analysis

Advance Agrolife IPO, a Mainboard IPO, is a bookbuilding issue of Rs. 192.86 Cr by Advance Agrolife Ltd., and is an agrochemical company based in Jaipur, Rajasthan.  

Among the crop protection chemicals the company manufactures and markets are insecticides, herbicides, fungicides, plant growth regulators, and specialty items. Their manufacturing facilities are located in Bagru and Dahami Khurd, Jaipur.  

The company has demonstrated strong growth in the domestic and export markets, as well as significant growth in the Indian agrochemical market. This includes a robust increase in demand for the products.

• Agrochemicals

• Fertilizers

• Technical Grade Products.
  
  

Advance Agrolife IPO Details

The Advance Agrolife Ltd IPO open date is from Sep 30 to Oct 03, with IPO allotment on Oct 06, refund initiation on Oct 07, 2025.

The Rs. 192.86 Cr mainline IPO comprises a wholly fresh issue of 1.93 crore shares. 

The Advance Agrolife IPO listing date might be on Wednesday, 08 October 2025, and it will be listed at the BSE and NSE.

The Advance Agrolife IPO price band is Rs. 95 to Rs. 100 for each Share. 

Events	Date
IPO Opening Date	September 30, 2025
IPO Closing Date	October 03, 2025
IPO Allotment Date	October 06, 2025 (Tentative)
Refund Initiation	October 07, 2025 (Tentative)
Tentative IPO Listing Date	October 08, 2025

 

Industry Outlook

If you want to apply for the IPO, click to open a Demat Account.

 

 

Company Financial 

(Amount in lac)

Period	31 Mar 2025	31 Mar 2024	31 Mar 2023
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	50.60
Reserves & Surplus	55.87	70.76	46.10

 

Cash Flows

The cash flows for various activities are shown below:

(Amount in lac)

Net Cash Flow In Multiple Activities	FY25	FY24	FY23
Net Cash Flow Operating Activities	57.13	148.41	62.32
Net Cash Flow Investing Activities	(338.71)	(310.84)	(80.71)
Net Cash Flow Financing Activities	282.77	166.29	14.42

 

Revenue Bifurcation 

(Source RHP)

The Objective of The Issue

• Financing working capital requirements. ~ Rs. 1350 Mn.

• General corporate purposes.

Click to check the IPO application status.

Listed Peers of Advance Agrolife Ltd.

Company Name	Face Value (Rs. per Share)	EPS (Rs.)	P/E (x)
Dharmaj Crop Guard Ltd.	10	10.68	34.60
Insecticides India Ltd.	10	48.38	16.99
Heranba Industries Ltd.	10	0.77	0.37
PI Industries Ltd.	1	109.44	34.29
Sharda Cropchem Ltd.	10	33.74	30.33

 

Valuation

Metric	Value
ROE	25.42%
ROCE	27.02%
Debt/Equity	0.80
RoNW	29.11%
PAT Margin	5.10%
EBITDA Margin	9.61%
Price to Book Value	5.98

 

 

Evaluation of P/E Ratio

The company's IPO price of Rs. 100 corresponds to a P/E multiple of 17.54x based on FY25 EPS of Rs. 5.70.

Explore the Fabtech Technologies IPO.

IPO's Strengths

• Built a reliable reputation over the years in agrochemicals.

• Revenue has been consistent and positive due to the demand for agrochemicals.

• Profitability and margin risks have turned around for FY25.

• Financial profile is healthier due to reduced leverage.

 

IPO Weaknesses

• Due to its significant reliance on imported raw materials, the company is susceptible to foreign exchange concerns.

• The agrochemicals business faces challenges with laws and oversight due to environmental concerns.

• The company's EBITDA margin is 10.86%, whereas competitors such as PI Industries have greater EBITDA margins (27.37%).

• Domestic and multinational players create a high degree of competition.

 

Advance Agrolife IPO GMP 

Advance Agrolife IPO GMP today is Rs. 10 as of 27 Sep 2025, while writing this information. Hence, the Advance Agrolife IPO listing price (estimated) might be Rs. 110 (upper price + current GMP or grey market premium).

 

Advance Agrolife Limited IPO Summary

IPO Opening & Closing Date	Sep 30, 2025 to Oct 03, 2025
Face Value	Rs. 10 per Share
Issue Price	Rs. 95 to Rs. 100
Lot Size	150 Shares
Issue Size	1,92,85,720 Shares (Rs. 192.86 Cr)
Offer for Sale	-
Fresh Issue	1,92,85,720 Shares (Rs. 192.86 Cr)
Listing At	BSE, NSE
Issue Type	Book Built Issue IPO
Registrar	Kfin Technologies Ltd.

 

 

Advance Agrolife IPO Lot Size

The IPO allows retail investors to invest in a minimum and maximum of 1 Lot (150 Shares) amounting to Rs. 15000 and 13 Lots (1950 Shares) amounting to Rs. 1,95,000, respectively, while for S-HNI investors, the minimum Lot is 14 (2100 Shares) amounting to Rs. 2,10,000.

Minimum Lot Investment (Retail)	1 Lot
Maximum Lot Investment (Retail)	13 Lots
SHNI (Minimum)	14 Lots
SHNI (Maximum)	66 Lots
BHNI (Minimum)	67 Lots

Advance Agrolife IPO Reservation

Institutional Share Portion	50%
Retail Investors' Share Portion	35%
Non-Institutional Shares Portion	15%

 

Advance Agrolife IPO Allotment Status

To check the Advance Agrolife IPO allotment status, visit the official Registrar’s website or the BSE website. Below are the website links for you.

Using BSE Website - ​BSE IPO allotment status

 

Promoters And Management of Advance Agrolife Ltd.

• Om Prakash Choudhary

• Kedar Choudhary

• Manisha Choudhary

• Geeta Choudhary.

Pre-Issue Promoter Shareholding	97.12%
Post-Issue Promoter Shareholding	-

 

Advance Agrolife IPO Lead Managers

• Choice Capital Advisors Pvt. Ltd.

 

Dividend Policy

The company has not paid a dividend during the last three fiscal years.

Conclusion

Advance Agrolife IPO is an opportunity for investors to tap into the booming agrochemical sector in India. The company is showing strong revenue and an improving debt situation in FY25, but there are still threats to this business model in the way of competition, high debts and regulatory threats.

Finowings IPO Analysis

Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO. 

You must consult your financial advisor before making any financial decisions. 

To Apply for the IPO, Click Here.

To Read the Prospectus of the Company Click Here to Download the DRHP.

Click Here To Stay Updated With The Upcoming IPOs.

DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.