Advance Agrolife Limited is engaged in the manufacturing of a diverse range of agrochemical products that support the complete lifecycle of crops. Its solutions cater to the cultivation of 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: Active ingredients used in producing pesticides, herbicides, fungicides, and fertilizers
The company primarily operates on a B2B model, supplying directly to corporate customers. Its domestic reach spans 19 states and 3 union territories, while its international presence covers markets in UAE, Bangladesh, China (including Hong Kong), Turkey, Egypt, Kenya, and Nepal.
Advance Agrolife runs three manufacturing facilities in Jaipur, Rajasthan – at Bagru and Dahami Khurd – equipped to handle diverse formulations and backed by quality assurance processes.
As of July 15, 2025, the company employed 543 permanent staff, including skilled and unskilled workers, reflecting its strong human resource base to support operations and growth.
With its wide product basket, expanding domestic and global footprint, and integrated manufacturing facilities, Advance Agrolife is positioned as a growing player in India’s agrochemical industry, contributing to sustainable and productive farming practices.
Advance Agrolife IPO – Details
| IPO Opening Date | 30 September 2025 |
| IPO Closing Date | 03 October 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 1,92,85,720 Shares Worth ₹192.86 Crore Fresh Issue: 1,92,85,720 Shares Worth ₹192.86 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹95 – ₹100 per share |
| Market Lot | 150 Shares |
| Min Order | 150 Shares [ 1 Lot ] |
| Listing At | BSE, NSE |
| Register | Kfin Technologies Ltd. |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Advance Agrolife IPO – Date Schedule
| IPO Open Date | 30 September 2025 |
| IPO Close Date | 03 October 2025 |
| Basis of Allotment | 06 October 2025 |
| Initiation of Refund | 07 October 2025 |
| Credit of Shares to Demat Account | 07 October 2025 |
| IPO Listing Date | 08 October 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on October 03, 2025 |
Advance Agrolife IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 150 | ₹15,000 |
| Retail (Max) | 13 | 1,950 | ₹1,95,000 |
| S-HNI (Min) | 14 | 2,100 | ₹2,10,000 |
| S-HNI (Max) | 66 | 9,900 | ₹9,90,000 |
| B-HNI (Min) | 67 | 10,050 | ₹10,05,000 |
Competitive Strength
- 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.
Company Promoters
- Om Prakash Choudhary
- Kedar Choudhary
- Manisha Choudhary
- Geeta Choudhary
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2023 | ₹397.97 Cr | ₹377.85 Cr | ₹14.87 Cr | ₹25.29 Cr |
| 31 March 2024 | ₹457.21 Cr | ₹423.92 Cr | ₹24.73 Cr | ₹45.46 Cr |
| 31 March 2025 | ₹502.88 Cr | ₹467.68 Cr | ₹25.64 Cr | ₹80.45 Cr |
Key Performance Indicator
| KPI | Values |
|---|---|
| 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 |
| Pre IPO | Post IPO | |
| EPS (₹) | 5.70 | 3.99 |
| P/E (x) | 17.55 | 25.07 |
Object Of The Issue
| Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|
| Funding Working Capital requirements of the Company. | ₹135.00 |
| General corporate purposes. |
Advance Agrolife IPO Peer Comparison
| S. No. | Face Value (₹) | Company Name | P/E Ratio |
|---|---|---|---|
| 1 | 10 | Dharmaj Crop Guard Limited | 34.60 |
| 2 | 10 | Insecticides India Limited | 16.99 |
| 3 | 10 | Heranba Industries Limited | – |
| 4 | 10 | PI Industries Limited | 34.29 |
| 5 | 10 | Sharda Cropchem Limited | 30.33 |
Advance Agrolife IPO Promoter Holding
| Pre Issue Share Holding | 99.84% |
| Post Issue Share Holding | 69.89% |
Advance Agrolife IPO Prospectus
Company Contact Information
| Advance Agrolife Ltd. E-39, RIICO Industrial Area Ext. Bagru, Jaipur, Rajasthan, 303007 Phone: +91 0141 4810 12 Email: cs@advanceagrolife.com Website: http://www.advanceagrolife.com/ |
Advance Agrolife IPO Registrar
| Kfin Technologies Ltd. Phone: 04067162222, 04079611000 Email: advance.ipo@kfintech.com Website: https://ipostatus.kfintech.com/ |
Advance Agrolife IPO Lead Manager(s)
| 1. Choice Capital Advisors Pvt.Ltd. |
Advance Agrolife IPO FAQs
| What is Advance Agrolife IPO? Advance Agrolife IPO is a main-board IPO. The issue is priced at ₹95 to ₹100 per equity share. The IPO is to be listed on the BSE & NSE. |
| When will Advance Agrolife IPO open? The IPO is to open on 30 September 2025 for QIB, NII, and Retail Investors. |
| What is Advance Agrolife IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| What is Advance Agrolife IPO Size? Advance Agrolife IPO size is ₹192.86 Crore. |
| What is the Advance Agrolife IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 150 Shares with ₹15,000, while the maximum bid is 1,950 Shares with ₹1,95,000. |
| What is the Advance Agrolife IPO Allotment Date? Advance Agrolife IPO allotment date is 06 October 2025. |
| What is the Advance Agrolife IPO Listing Date? Advance Agrolife IPO listing date is 08 October 2025. The IPO is to be listed on BSE and NSE. |
