Advance Agrolife, a notable agrochemical manufacturer in India, began trading on NSE and BSE this week, listing above its IPO price. The ₹193-crore initial public offering drew significant interest from investors, indicating positive market sentiment. Shares opened at ₹114 on NSE and ₹113 on BSE, reflecting a premium over the issue price.
Shares of Advance Agrolife were well-received at market debut, listing at ₹114 on NSE, a 14% increase over the IPO price of ₹100. On BSE, the stock opened at ₹113, marking a 13% premium. The listing reflects strong investor interest and signals confidence in the company’s growth prospects.
The IPO, which concluded on October 3, saw an overall subscription of 56.9 times. Non-institutional investors (NIIs) led the demand, subscribing 175 times, while qualified institutional buyers (QIBs) and retail investors subscribed 27 and 23 times, respectively. Employees also actively participated, utilizing the allocated quota.
The issue comprised a fresh issuance of 1.93 crore shares. Employees were offered a discount of ₹5 per share. Choice Capital Advisors acted as the book-running lead manager, and Kfin Technologies handled the registrar responsibilities.
Advance Agrolife produces a broad range of agrochemical products, including insecticides, herbicides, fungicides, and plant growth regulators. The company also manufactures micronutrients, bio-fertilizers, and technical-grade inputs for pesticide and fertilizer formulations. Its offerings serve crops such as cereals, vegetables, and horticultural produce, catering to both domestic and international markets.
The company’s financial performance has shown steady growth. Revenue for FY25 increased by 10% to ₹502.9 crore, while net profit rose 4% to ₹25.6 crore. Return ratios remain healthy, with ROE at 25.4% and ROCE at 27%, supported by efficient asset utilization and manageable debt (debt-to-equity ratio at 0.8).
Proceeds from the IPO will primarily support working capital requirements, allowing the company to enhance production capacity and expand exports. This funding aims to strengthen operational efficiency and support growth initiatives.
Read More: Upcoming IPOs in October 2025: 3 Key Mainboard Offerings to Watch.
Advance Agrolife’s market debut demonstrates investor confidence in the company’s business model and growth potential. With a successful IPO and strong listing performance, the company is positioned to expand its production capabilities and increase its footprint in the agrochemical sector.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Oct 8, 2025, 11:46 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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