ADVANCE • ISIN: INE1B0W01010
Incorporated in 2002, Advance Agrolife Limited is engaged in the manufacturing of a wide range of agrochemical products that support the entire lifecycle of crops. The company's products are used in cultivating 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: Raw active ingredients used in the production of agrochemical formulations such as pesticides, herbicides, fungicides, and fertilisers.
The company primarily operates through direct sales to corporate customers on a B2B basis. The company serves clients across 19 states and 3 union territories in India and exports products to UAE, Bangladesh, China (including Hong Kong), Turkey, Egypt, Kenya, and Nepal.
Manufacturing Facilities:Advance Agrolife Limited operates three manufacturing facilities located in Jaipur, Rajasthan:
Manufacturing Facility I – Bagru, Jaipur, Rajasthan
Manufacturing Facility II – Dahami Khurd, Jaipur, Rajasthan
Manufacturing Facility III – Dahami Khurd, Jaipur, Rajasthan
As of July 15, 2025, the company had 543 permanent employees, including skilled and unskilled workers.
Competitive Strengths:
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
Funding Working Capital requirements of the Company.
General corporate purposes.
Price Band
Issue Size
Min Investment
Lot Size
P/E Ratio
Issue Opens
30 Sept 2025
Issue Closes
3 Oct 2025
Allotment
6 Oct 2025
Listing
8 Oct 2025
Qualified Institutional Investors
83,719,500 / 3,850,944 shares
High Networth Individuals (Above ₹10 Lakhs)
256,880,850 / 1,925,572 shares
Non-Institutional Investors (Below ₹10 Lakhs)
77,978,550 / 962,786 shares
Retail Individual Investors
106,372,650 / 6,739,502 shares
Employee
552,150 / 129,600 shares
Issue Type | BB |
Face Value | ₹10 |
Lead Managers | Choice Capital Advisors Pvt.Ltd. |
Min Quantity | 150 |
Max Quantity | 5,000 |
Company Promoters | Om Prakash Choudhary Kedar Choudhary Manisha Choudhary +1 more |
Website | |
Phone | +91 0141 4810 12 |
Address | Advance Agrolife Ltd. |