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Advance Agrolife Ltd.’s initial public offering (IPO), which opened on September 30, is scheduled to close for subscription on Friday, October 3. The Jaipur-based agrochemical products manufacturing company distributes a variety of agrochemicals such as insecticides, fungicides, herbicides and plant growth regulators.

According to the BSE data, the issue was oversubscribed 1.87 times, receiving bids for 2,52,97,650 shares against 1,35,09,004 shares on offer. The Non-Institutional Investors (NIIs) segment was oversubscribed 1.22 times, retail investors 1.22 times and Qualified Institutional Buyers (QIBs) 3.5 times.

With just a day left before the subscription closes, the grey market premium (GMP) for the

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