Advance Agrolife IPO opens for bidding on September 30. The IPO is a book build issue of Rs 192.86 crore. The issue is entirely of 1.93 crore fresh shares. The company’s price band is set in a range of Rs 95 to Rs 100 per equity share.

Advance Agrolife IPO: Key dates

Advance Agrolife IPO closes its subscription on October 3. The allotment for the IPO is expected to be finalised on October 6, while it will list on the exchanges, BSE and NSE, on October 08, as per the tentative schedule.

Advance Agrolife IPO: GMP

The shares of Advance Agrolife were trading at a price of Rs 115 in the grey market, fetching a premium of 15% to the issue price. This translates into a potential gain of Rs 2,250 on one lot.

However, GMP is an unofficial place where shares change hands illegally ahead of

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