Advance Agrolife Ltd IPO

Last Updated: 04 April 2025 10:13 AM by 5Paisa

initial public offering of up to 19,285,720* of Rs. 10/- each (Equity Shares) of Advance Agrolife Limited (the Company or the Issuer) for cash at a price of [*] per equity share (including a Securities Premium of Rs. [*] per equity share) (Issue Price) aggregating up to Rs. [*] crores (the Issue). The issue will constitute [*] % of the post-issue paid-up equity share capital. This issue includes a reservation of up to [*] equity shares of face value of Rs. 10/- each aggregating up to Rs. [*] (constituting up to [*] % of the post-issue paid-up equity share capital) for purchase by eligible employees (the Employee Reservation Portion). The issue less the employee reservation portion is hereinafter referred to as the Net Issue. The issue and the net issue would constitute [*] % and [*] %, respectively, of the post-issue paid-up equity share capital. The company, in consultation with the brlm, may offer a discount of up to [*] % (Equivalent to Rs. [*] per Equity Share) to the issue price to eligible employees bidding in the employee reservation portion (Employee Discount). The face value of the equity shares is Rs. 10/- each and the issue price is [*] times the face value of the equity shares. the price band and the minimum bid lot the employee discount, if any, will be decided by the company.