Advance Agrolife IPO
Open Date
30 Sep 2025
Close Date
3 Oct 2025
Open Date
30 Sep 2025
Close Date
3 Oct 2025
Min Investment
Lot Size
Issue Size
Price Range
Subscribed

Founded In
2002
Director
Narendra Choudhary
Financials of Advance Agrolife IPO
| Key Performance Indicators | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|
| Operating Revenue | 39,780.60 | 45,589.90 | 50,226.00 |
| Other Income | 16.60 | 131.00 | 61.60 |
Total Income | 39,797.20 | 45,720.90 | 50,287.60 |
Total Expenses | 37,785.10 | 42,391.90 | 46,767.60 |
| Profit Before Tax | 2,012.10 | 3,329.00 | 3,520.00 |
Total Profit | 1,486.80 | 2,473.20 | 2,563.80 |
All figures are in lakhs (₹)

Utilisation of Proceeds
All figures are in lakhs (₹)
| Purpose | Amount |
|---|---|
| The company intends to utilize funds from the Net Proceeds to meet its working capital requirements. This includes funding inventory, trade receivables, and making payments to suppliers. The additional working capital will enable the company to efficiently manage its receivables cycle while maintaining operational liquidity and sustaining business growth. | 13,500 |
| The company proposes to deploy the balance Net Proceeds towards general corporate purposes, subject to such utilization not exceeding 25% of the Gross Proceeds of the Issue. This may include strategic initiatives, brand building, strengthening marketing activities, capital expenditure, and ongoing general corporate exigencies. | - |

- Established, integrated manufacturing setup at strategic location: The company has three Manufacturing Facilities spread across 49,543.35 sq.m of land in Jaipur, Rajasthan, with a total annual installed capacity of 89,900 MTPA. The facilities are equipped with advanced machinery and equipment for producing both Technical and Formulation grade agrochemicals. The strategic location near major highways and transportation networks facilitates efficient distribution.
- Diversified product portfolio of agrochemical products: The company manufactures a diverse range of agrochemical products including insecticides, herbicides, fungicides, plant growth regulators and other products. As of March 31, 2025, they have obtained 410 generic registrations, including 380 Formulation Grade and 30 Technical Grade registrations.
- Established customer base and strong relationships: The company has built strong customer relationships over 23 years of operating experience. Many clients have been associated with them for years, demonstrating consistent delivery of quality products. In Fiscal 2025, 94 customers had been associated for over 3 years, contributing 38.89% of revenue.
- Strong Promoters and experienced management team: The company is led by qualified Promoters with over two decades of experience in the agrochemical sector. The management team has demonstrated ability to grow operations and leverage customer relationships.
- Track Record of healthy growth: The company has shown consistent growth in revenues and profitability. Revenue from operations grew from ₹26.37 million in Fiscal 2008 to ₹5,022.60 million in Fiscal 2025, at a CAGR of 36.18% over 17 years. Profit after tax grew from ₹0.23 million to ₹256.38 million in the same period.

