Advance Agrolife Limited is one of India’s established agrochemical companies located in Jaipur, Rajasthan. They produce a wide range of crop protection products including insecticides, herbicides, fungicides, plant growth regulators, and micronutrients. The company mainly serves Indian farmers and some export markets through a strong B2B business model focused on quality and scale.
READ FULL DRHP HERE: |SEBI DRHP ADVANCE AGRO LIFE|
IPO Details
| Details | Information |
|---|---|
| IPO Opening Date | September 30, 2025 |
| IPO Closing Date | October 3, 2025 |
| Listing Date | October 8, 2025 |
| Price Band | ₹95 – ₹100 per share |
| Minimum Lot Size | 150 shares (Approx. ₹15,000) |
| Issue Size | ₹192.86 crore (Fresh Issue) |
| Face Value | ₹10 per share |
| Exchanges | NSE, BSE |
| Lead Manager | Choice Capital Advisors Pvt Ltd |
| Registrar | KFin Technologies Ltd CLICK HERE |
IPO Timeline
| Activity | Date |
|---|---|
| IPO Opens | September 30, 2025 |
| IPO Closes | October 3, 2025 |
| Allotment Finalisation | October 6, 2025 |
| Refunds Initiated | October 7, 2025 |
| Shares Credit to Demat | October 7, 2025 |
| Listing on NSE & BSE | October 8, 2025 |
Use of Proceeds
Advance Agrolife plans to use the net proceeds primarily for:
- Meeting working capital requirements (around ₹135 crore)
- General corporate purposes such as business expansion and debt repayment
Key Financials
| Metric | FY24 (₹ Cr) | FY25 (₹ Cr) |
|---|---|---|
| Revenue | 455.90 | 502.26 |
| Profit After Tax (PAT) | N/A | N/A |
| Return on Capital Employed (ROCE) | 27.02% | — |
| Return on Net Worth (RoNW) | 29.11% | — |
| Debt to Equity Ratio | 0.80x | — |
| Earnings Per Share (EPS) | 5.70 | — |
| Net Asset Value (NAV) per share | ₹22.42 | — |
ANALYSIS:
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Advance Agrolife’s total revenue increased from ₹457.21 crore in FY24 to ₹502.88 crore in FY25.
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This is a steady growth of about 10%, showing the company is expanding its sales gradually.
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The company’s net profit grew modestly from ₹24.73 crore in FY24 to ₹25.64 crore in FY25, an increase of around 4%.
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This indicates a stable but moderate profitability growth.
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EBITDA rose from ₹40.21 crore in FY24 to ₹48.25 crore in FY25, a growth of about 20%.
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This suggests improved operational efficiency and better core profitability.
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These margins show the company maintains consistent profitability from its operations.
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ROE, which measures profitability relative to shareholder equity, was 29.11% in FY25, down slightly from 39.30% in FY24.
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This suggests strong returns to shareholders, even if there was a minor decline.
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ROCE decreased from 37.62% in FY24 to 27.02% in FY25.
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Though lower, this still indicates efficient use of capital to generate profits.
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Debt-to-equity increased from 0.60 in FY24 to 0.80 in FY25, reflecting higher borrowings to support business growth.
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The ratio remains reasonable, indicating manageable debt levels.
WHY DO SOME INVESTORS LIKE THIS IPO?
- Leading player with a diversified product portfolio in agrochemicals.
- Growth with steady revenue and margin expansion.
- Use of IPO proceeds focused on working capital to support growing business.
POINTS OF CAUTION:
- Industry dependence on agricultural cycles and monsoon conditions.
- Regulatory risks related to chemicals and environment norms.
- Competition from larger agrochemical firms.