Description

Lock-in details for 6.43 crore equity shares of Advance Agrolife Limited following IPO listing, with varying lock-in periods ranging from 30 days to 18 months.

Summary

Advance Agrolife Limited has issued lock-in details for 6,42,85,720 equity shares following its IPO listing on October 6, 2025. Out of total shares, 5,07,76,716 shares are under various lock-in periods while 1,35,09,004 shares are not subject to lock-in. The lock-in periods range from 30 days for anchor investors to 18 months for certain promoter holdings, with unlock dates extending until April 10, 2027.

Key Points

  • Total equity shares listed: 6,42,85,720 shares (all in demat form)
  • Shares under lock-in: 5,07,76,716 (79% of total)
  • Shares not under lock-in: 1,35,09,004 (21% of total)
  • All shares are fully paid-up and held in demat form
  • Lock-in periods vary from 30 days to 18 months depending on investor category
  • Company registered office: E-39, RIICO Industrial Area Ext. Bagru, Jaipur – 303 007, Rajasthan

Regulatory Changes

No regulatory changes introduced. This is a standard disclosure requirement for IPO listings as per SEBI guidelines.

Compliance Requirements

  • Locked-in shares cannot be transferred or sold until respective lock-in periods expire
  • Company must maintain record of distinctive numbers and lock-in status
  • Compliance officer: Nisha Gupta (Company Secretary, Membership No.: A42708)
  • Lock-in details provided in Prospectus pages 129-131

Important Dates

  • Listing Date: October 6, 2025
  • Anchor Investor Lock-in (30 days): Until November 4, 2025 (28,88,358 shares)
  • Anchor Investor Lock-in (90 days): Until January 3, 2026 (28,88,358 shares)
  • First Category Lock-in (6 months): Until April 10, 2026 (multiple tranches totaling 2,25,94,838 shares)
  • Second Category Lock-in (18 months): Until April 10, 2027 (multiple tranches totaling 2,23,93,520 shares)

Impact Assessment

Market Impact: Medium - Approximately 79% of listed shares are locked-in, limiting immediate tradable float. The staggered unlock schedule will gradually increase available float over 18 months, potentially impacting stock liquidity and price discovery.

Investor Impact: Important for investors to understand that majority of shares will unlock progressively. First major unlock of anchor investor shares occurs within 30-90 days, followed by 6-month and 18-month promoter unlocks. This information is critical for assessing potential supply pressure at different timeframes.

Impact Justification

Standard IPO lock-in disclosure affecting 5.08 crore promoter/anchor shares with staggered unlock dates. Important for investors tracking share float expansion.