03 Oct 2025 | 5 Mins Read
Advance Agrolife IPO sees 6.5 times subscription on Day 3
Flipitmoney
Advance Agrolife Ltd's IPO received 187% subscription on the third day of bidding, with 6.5 times subscription overall. Qualified institutional buyers subscribed 3.5 times, while retail investors and non-institutional investors subscribed 451% and 15.1 times, respectively. The Rs 193-crore issue aims to raise Rs 135 crore for working capital and general purposes.