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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Advance Agrolife Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹100
Per ShareLot Size
150 Shares
Minimum Investment
₹15,000
Issue Size
₹192.86 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
99.84%
Promoter Holding (Post-Issue)
69.89%
Issue Type
Book Building
ISIN
INE1B0W01010
We are an agrochemical company engaged in manufacturing a wide range of agrochemical products that support the entire lifecycle of crops. Our products are designed for use in the cultivation of major cereals, vegetables, and horticultural crops across both agri-seasons (Kharif and Rabi) in India. As on the date of this Red Herring Prospectus, we have received four hundred and ten (410) generic registrations comprising of three hundred and eighty (380) Formulation Grade registration and thirty (30) Technical Grade registration for the agrochemicals.
During 2019-2024, the market size of the global crop protection & nutrition industry grew at a CAGR of 6.2% on account of continuous growth in agricultural activities. After a steady growth till 2022, the industry observed a decline of about 2.4% in 2023 due to factors such as a slowdown in global demand, higher energy prices, and erratic monsoons. However, it is expected to grow by 2.2% y-o-y in 2024. The expansion will be attributed to the continuous upgrading of products and the development of technology and economic developments. India, the world's fourth-largest producer of crop-protection chemicals, stands as a foundation of the global agricultural landscape, trailing only the USA, Japan, and China. Contributing to 14% of the global market share, India's crop-protection industry not only bolsters the nation's economy but also drives growth in its agricultural sector. By enhancing crop yields and minimizing losses, the sector plays a pivotal role in meeting the food demands of both domestic and international markets. Agrochemicals (Crop protection products) are designed to protect crops from insects, diseases and weeds. They do so by controlling pests that infect, consume or damage crops. Uncontrolled pests significantly reduce the quantity and quality of food production. The Food and Agriculture Organization (FAO) estimates that up to 40% of food crops are lost due to plant pests and diseases annually. Furthermore, food crops must compete with 30,000 species of weeds, 3,000 species of nematodes and 10,000 species of plant-eating insects. Agrochemicals are the last and one of the key inputs in agriculture for crop protection and better yield. Notably, India is in top 5 global producer of agrochemicals.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of up to 19,285,720 of Rs. 10 each ("Equity Shares") of advance Agrolife Limited ("the Company" or the "Issuer") for cash at a price of 100 per equity share (Including a Securities Premium of Rs. 90 Per Equity Share) ("Issue Price") aggregating up to Rs. 192.86 Crore ("the Issue"). the issue will constitute 30% of the post-issue paid-up equity share capital. This issue includes a reservation of up to 30,000 equity shares of face value of Rs. 10 each aggregating up to Rs. 0.29 Crore (Constituting up to 0.05% of the Post-Issue Paid-up Equity Share Capital) for purchase by eligible employees (the "Employee Reservation Portion"). the issue less the employee reservation portion is herein after referred to as the "Net Issue". the issue and the net issue would constitute 30% and 29.95%, respectively, of the post-issue paid-up equity share capital. the company, in consultation with the brlm, may offer a discount of up to 5% (equivalent to Rs 5 Per Equity Share) to the issue price to eligible employees bidding in the employee reservation portion ("Employee Discount"). Price Band: Rs. 95/- to Rs. 100/- for equity share of face value of Rs. 10 each. The floor price is 9.50 times times the face value and cap price is 10.00 times of the face value of the equity shares. Bids can made for a minimum of 150 equity shares and in multiples of 150 equity shares thereafter. A discount of Rs. 5 per equity share is being offered to eligible employees bidding in the employee reservation portion.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
Our Company was originally incorporated as Advance Micro Fertilizers Private Limited, a private limited company under the erstwhile Companies Act, 1956, pursuant to a certificate of incorporation dated February 27, 2002, issued by the Registrar of Companies, Jaipur. Subsequently, pursuant to a resolution passed by our Board dated December 09, 2020 and a special resolution passed by our Shareholders dated January 6, 2021, the name of our Company was changed from `Advance Micro Fertilizers Private Limited' to `Advance Agrolife Private Limited' and a fresh certificate of incorporation dated February 03, 2021 was issued by the Registrar of Companies, Jaipur. Upon the conversion of our Company to a public limited company, pursuant to a resolution passed by our Board dated October 19, 2024 and a special resolution passed by our Shareholders dated November 13, 2024, the name of our Company was changed from `Advance Agrolife Private Limited' to `Advance Agrolife Limited' and a fresh certificate of incorporation dated December 04, 2024, was issued by the Registrar of Companies, Central Processing Centre. Corporate Identity Number: U24121RJ2002PLC017467.
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.