Advance Agrolife is engaged in manufacturing a wide range of agrochemical products that support the entire lifecycle of crops. (Image: Advance Agrolife website) Show Quick Read Summary is AI Generated. Newsroom Reviewed

The initial public offer of agrochemical firm Advance Agrolife Ltd got subscribed 1.87 times on the second day of share sale on Wednesday.

The IPO received bids for 2,52,90,300 shares against 1,35,09,004 shares on offer, as per NSE data.

The Qualified Institutional Buyers portion fetched 3.50 times subscription, while the quota for non-institutional and retail investors received 1.22 times subscription each.

Advance Agrolife Ltd on Thursday last week announced a price band of Rs 95-100 per share for its Rs 193-crore initial public offering.

The Jaipur-based compan

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