IPO Information At present: Advance Agrolife’s IPO concluded its ultimate bidding spherical on Friday, 3 October 2025, with the corporate’s public provide witnessing heavy reserving from all three investor segments.
After the third day of bidding, the first concern of Advance Agrolife recorded 56.85 instances subscription as traders bid for a complete of 76,80,36,900 fairness shares, in comparison with the 1,35,09,004 shares on provide for the IPO.
In response to the BSE IPO information, the Non-Institutional Traders (NII) phase witnessed the heaviest reserving among the many three investor segments. The NII bidders subscribed 175.30 instances to the IPO as traders booked 50,63,28,000 shares out of the 28,88,358 shares on provide.
The Certified Institutional Patrons (QIBs) adopted the NII lead, coming at 27.31x after the traders subscribed for 10,51,55,850 shares out of the full 38,51,144 fairness shares accessible for the traders phase.
The retail traders subscribed 23.06 instances to the IPO, bidding for 15,54,00,450 shares out of the 67,39,502 shares on provide.
Advance Agrolife IPO newest GMP
As of Friday, 3 October 2025, the gray market premium (GMP) of the Advance Agrolife IPO stood at ₹15 per share. With the higher value band of the general public concern at ₹100 per share, the corporate’s inventory is predicted to be listed at ₹115 apiece, marking an inventory achieve of 15%.
The gray market premium (GMP) is an indicator which reveals the traders’ willingness to put money into a main concern.
Advance Agrolife IPO particulars
Advance Agrolife is providing a book-built public concern comprising a completely contemporary issuance of as much as 19,285,720 fairness shares with the face worth of ₹10 apiece. The provide particulars additionally confirmed that there isn’t a provide on the market (OFS) element of the general public concern.
In response to Chittorgarh information, the corporate is seeking to elevate ₹192.86 crore from the Indian inventory market. The corporate has fastened the value band for the IPO within the vary of ₹95 to ₹100 per share, with loads dimension of 150 shares per lot.
The general public concern opened for subscription on Tuesday, 30 September 2025, and is scheduled to shut after the ultimate bidding spherical on Friday, 3 October 2025. The IPO accomplished its anchor investor spherical on Monday, 29 September 2025.
The corporate’s shares are anticipated to be allotted to traders on Monday, 6 October 2025, and are estimated to be listed on the BSE and NSE indices on Wednesday, 8 October 2025.
Mint reported earlier that the corporate plans to make use of ₹135 crore from the online proceeds raised from the providing to help its further working capital necessities.
Selection Capital Advisors Personal Restricted is the book-running lead supervisor of the general public concern, whereas KFin Applied sciences Restricted is the registrar to the provide.
Learn all tales by Anubhav Mukherjee
Disclaimer: This story is for academic functions solely. The views and suggestions above are these of particular person analysts or broking firms, not Mint. We advise traders to examine with licensed specialists earlier than making any funding selections.
