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Advance Agrolife debuted in IPO on Sept. 30, aiming to raise $23M, with shares priced at Rs 95–100, set to list Oct. 8.
Advance Agrolife launched its IPO on September 30, 2025, offering 19.28 million shares at Rs 95–100 each, aiming to raise Rs 192.86 crore.
The issue, closing October 3, is allocated 35% to retail investors, 15% to non-institutional buyers, and 50% to qualified institutional buyers, with a 15% grey market premium indicating strong demand.
Proceeds will fund working capital and general corporate needs.
The Jaipur-based agrochemicals manufacturer reported Rs 502.88 crore in revenue and Rs 25.64 crore in net profit for FY25, with robust growth and strong returns on capital.
The company, which produces pesticides and bio-fertilizers for Indian and export markets, is set to list on BSE and NSE on October 8.
Advance Agrolife debutó en IPO el 30 de septiembre, con el objetivo de recaudar $ 23M, con acciones con un precio de Rs 95100, listadas para el 8 de octubre.