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Advance Agrolife IPO: The initial public offering (IPO) of Advance Agrolife Ltd closed its subscription window for public bidding on October 3, with an overall subscription of 56.85 times, according to the provisional exchange data. The manufacturer and distributor of agrochemical products aims to raise Rs 192.86 crore through the public offering.

The basis of allotment is expected to be finalised today, October 6, after which successful bidders can expect the credit of shares to their respective demat accounts.

The Advance Agrolife IPO listing is scheduled for October 8, 2025, on both NSE and BSE.

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Investors can check their allotment status on the websites of BSE, NSE, or the issue registrar, Bigshare Services.

Here's a step-by-step guide on how you can check your allotment status:

1) Visit NSE's IPO allotment verification status page

2) Select "Equity & SME IPO bid details"

3) Choose "Advance Agrolife Limited"

4) Enter your PAN and application number

5) Click submit

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1) Visit BSE's application status page

2) Select "Equity" as the issue type

3) Choose "Advance Agrolife Limited"

4) Enter your application number or PAN

5) Click search to view your allotment status

1) Visit Kfin Technologies' IPO allotment status page

2) Select "Advance Agrolife Limited" from the dropdown menu

3) Enter your PAN, application number, or Demat account details

4) Click submit

Overall, investors bid for 76.80 crore shares against the total shares on offer, with Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs) and Retail Individual Investors (RIIs) subscribing 27.31, 175.30, and 23.06 times, respectively.

In terms of shares, QIBs bid for 10.51 crore shares, NIIs bid for 50.63 crore shares, and RIIs bid for 15.54 crore shares out of their respective allotted portion.

The Advance Agrolife IPO is a book-built issue of Rs 192.86 crore, comprising an entirely fresh issue of shares.

The issue has 38.51 lakh shares reserved for the QIBs quota, 28.88 lakh shares allotted for the NIIs category and 67.39 lakh shares reserved for the RIIs portion.

The company plans to utilise the IPO proceeds for working capital requirements and for general corporate purposes.

Price band: Rs 95 to Rs 100 per share

Face value: Rs 10 per equity share

Subscription date: September 30 to October 3, 2025

Lot size: 150 shares, with a minimum application amount of Rs 15,000

Listing date: October 8, 2025, on BSE and NSE

Established in 2002, Advance Agrolife Limited is a manufacturer and distributor of technical and formulated-grade agrochemical products.

The company has three integrated facilities in Jaipur, Rajasthan, and its product portfolio includes insecticides, fungicides, herbicides, and plant growth regulators.

Financially, the company's revenue grew from Rs 457.21 crore (FY24) to Rs 502.88 crore (FY25). The Profit After Tax (PAT) stood at Rs 25.64 crore (FY25) from Rs 24.73 crore (FY24).

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Currently working as a trainee Sub-Editor at Zee Business, Shristi Rani is passionate about storytelling and delivering content that engages diverse audiences across digital platforms.

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