Advance Agrolife IPO: The initial public offering (IPO) of Advance Agrolife Ltd entered its final day of public bidding today, October 1, with the issue subscribed 1.66 times so far, as per provisional exchange data. The Jaipur-based company aims to raise Rs 192.86 crore from the public offering.
Advance Agrolife IPO subscription status:
By 2 pm, investors have bid for 2.24 crore shares against the total shares on offer, with Non-Institutional Investors (NIIs) and Retail Individual Investors (RIIs) subscribing 0.84 times and 0.97 times, respectively.
In terms of shares, NIIs have bid for 24.21 lakh shares, and RIIs have bid for 65.08 lakh shares out of their respective allotted portion.
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