Advance Agrolife IPO Sees Strong Demand, Subscribed 56.90x by Day 3
Last Updated: 21st January 2026 - 05:52 pm
Advance Agrolife Limited's initial public offering (IPO) has demonstrated strong investor interest through its third day of subscription, with Advance Agrolife's stock price band set at ₹95-100 per share reflecting robust market reception. The ₹192.86 crore IPO reached 56.90 times by 5:04:37 PM on day three.
Advance Agrolife IPO non-institutional investors segment leads with exceptional 175.30 times subscription, whilst qualified institutional buyers (ex-anchor) demonstrate strong participation at 27.31 times, retail investors show strong interest at 23.14 times, and employees display strong confidence at 38.42 times, whilst anchor investors show complete participation at 1.00 times.
IPO Subscription Status
| Date | QIB (Ex Anchor) | NII | NII (> ₹10L) |
NII (< ₹10L) |
Retail | Employee | Total |
|---|---|---|---|---|---|---|---|
| Day 1 (September 30) | 0.00 | 0.61 | 0.67 | 0.47 | 0.58 | 1.20 | 0.42 |
| Day 2 (Ocober 01) | 3.50 | 1.22 | 1.28 | 1.08 | 1.22 | 2.48 | 1.87 |
| Day 3 (October 03) | 27.31 | 175.30 | 202.06 | 121.77 | 23.14 | 38.42 | 56.90 |
Here are the subscription details for Advance Agrolife IPO as of Day 3 (October 3, 2025, 5:04:37 PM):
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (₹ Cr.) |
|---|---|---|---|---|
| Anchor Investors | 1.00 | 57,76,716 | 57,76,716 | 57.77 |
| QIB (Ex Anchor) | 27.31 | 38,50,944 | 10,51,55,850 | 1,051.56 |
| Non-Institutional Buyers | 175.30 | 28,88,358 | 50,63,23,800 | 5,063.24 |
| Retail Investors | 23.14 | 67,39,502 | 15,59,54,100 | 1,559.54 |
| Employees | 38.42 | 30,000 |
11,52,450 |
11.52 |
| Total | 56,90 | 1,35,08,804 | 76,85,86,200 | 7,685.86 |
Key Highlights - Day 3
- Overall subscription reached strong 56.90 times, showing exceptional improvement from day two's 1.87 times
- Non-institutional investors category displaying exceptional interest at 175.30 times, building substantially from day two's 1.22 times
- Qualified institutional buyers (ex-anchor) showing strong growth at 27.31 times, building substantially from day two's 3.50 times
- Retail investors displaying strong confidence at 23.14 times, building substantially from day two's 1.22 times
- Total applications reached 9,99,832, indicating strong investor participation for this mainboard IPO
- Cumulative bid amount reached ₹7,685.86 crores, significantly exceeding the issue size of ₹192.86 crores
Advance Agrolife IPO - Day 2 Subscription at 0.77 Times
Key Highlights - Day 2:
- Overall subscription reaching moderate 1.87 times, showing substantial improvement from day one's 0.42 times
- Qualified institutional buyers (ex-anchor) showing strong performance at 3.50 times, building substantially from day one's 0.00 times
- Retail investors showing moderate performance at 1.22 times, building substantially from day one's 0.58 times
Advance Agrolife IPO - Day 1 Subscription at 0.42 Times
Key Highlights - Day 1:
- Overall subscription reached limited 0.42 times, showing cautious initial investor interest
- Non-institutional investors showing limited performance at 0.61 times, indicating weak HNI appetite
- Retail investors displaying limited confidence at 0.58 times, showing weak retail sentiment
- Qualified institutional buyers showing minimal performance at 0.00 times, indicating very weak institutional appetite
About Advance Agrolife Limited
Incorporated in 2002, Advance Agrolife Limited is engaged in manufacturing a wide range of agrochemical products including insecticides, herbicides, fungicides, and plant growth regulators, operating three manufacturing facilities in Jaipur, Rajasthan, serving clients across 19 states and 3 union territories in India with exports to UAE, Bangladesh, China, Turkey, Egypt, Kenya, and Nepal.
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