Overview

• Advance Agrolife opened at Rs 114 on the NSE and Rs 113 on the BSE versus a Rs 100 issue price, confirming a roughly 14% premium.
• The Jaipur-based agrochemical maker’s Rs 192.86 crore IPO was entirely fresh equity and was subscribed 56.85 times, with strong NII, retail and QIB participation.
• Om Freight Forwarders raised Rs 122.31 crore in a mix of fresh shares and an offer-for-sale priced at Rs 128–135, drawing overall subscription of 3.87 times.
• Pre-listing grey-market indications tracked a positive debut for Advance Agrolife at about Rs 12 premium, while Om Freight’s GMP turned slightly negative; GMP is unofficial and volatile.
• Coverage of Om Freight’s listing diverged, with at least one report citing a steep discount on debut, underscoring the need to verify the opening print against exchange data.