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Learn about Advanta Enterprises Limited’s Draft Red Herring Prospectus filing, business operations, financial performance, offer structure, and the proposed IPO milestones as outlined in public disclosures.
Advanta Enterprises Limited, a global agricultural solutions company and a subsidiary of UPL Group, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for a proposed initial public offering. The company is focused on developing, producing, and marketing hybrid seeds and post-harvest solutions across key crops and geographies.
The DRHP provides an overview of the proposed IPO and sets out the company’s financials, governance framework, and business outlook.
Advanta Enterprises Limited filed its DRHP on January 19, 2026. The proposed IPO is entirely an Offer for Sale by the promoter, UPL Limited, and other existing shareholders. Listing is proposed on the BSE and NSE.
In accordance with the DRHP, the proposed IPO is expected to have the following structure:
| Particulars | Details |
|---|---|
Issue Type |
Offer for Sale (100% OFS; no fresh issue) |
Face Value |
₹1 per equity share |
Issue Size |
Up to 3,61,05,578 equity shares |
Proposed Listing |
NSE and BSE |
Price Band |
To be announced in RHP |
Book Running Lead Manager |
Goldman Sachs, JM Financial, and others |
Registrar to the Issue |
Link Intime India Pvt. Ltd. |
These details reflect indicative disclosures available at the DRHP stage and are subject to change based on SEBI observations and final approvals.
Advanta Enterprises Limited is a global agricultural solutions company engaged in the development, production, and marketing of locally adapted hybrid seeds and post-harvest solutions aimed at improving crop yields and farmer productivity. The company operates across multiple crop segments including corn, rice, sorghum, millet, sunflower, canola, and vegetables.
As of September 2025, Advanta’s portfolio comprised over 900 hybrid seed varieties across 21 breeding crops and 19 commercial crops, supported by in-house research and development as well as in-licensed technologies. The company markets its products in 70-plus countries, with a strong presence in India, Asia, Latin America, Australia, and other key agricultural markets under brands such as Advanta and Pacific Seeds.
Advanta also operates a post-harvest solutions business through Decco, which provides coatings and technologies designed to preserve fruit quality and reduce wastage. Backed by UPL Limited and global investors, the company combines breeding capabilities, field research, farmer engagement, and distribution partnerships to deliver yield-enhancing and climate-resilient agricultural solutions at scale.
According to the DRHP, since the IPO is structured entirely as an Offer for Sale, the company will not receive any proceeds from the issue. Accordingly, there is no utilisation of IPO proceeds by the company.
| Fund Allocation | Amount (₹ crore) | Purpose |
|---|---|---|
Offer for Sale by Existing Shareholders |
Not applicable |
The entire proceeds from the IPO will be received by the selling shareholders, primarily UPL Limited and other existing investors, who are partially monetising their investment |
Utilisation by the Company |
Nil |
The company will not receive any proceeds from the issue, as the IPO does not include a fresh issue component |
The IPO is intended to facilitate listing of the company’s equity shares, provide liquidity and a partial exit to existing shareholders, and enhance the company’s visibility and public market profile. Post-listing, Advanta will continue to fund its growth through internal accruals, existing financing arrangements, and any future capital raising, as applicable.
Based on consolidated financial information disclosed in the DRHP, Advanta Enterprises Limited has reported consistent growth in revenue, assets, and profitability over recent financial years.
A simplified snapshot is provided below for context:
| Fiscal Year | Revenue (₹ Cr) | Total Assets (₹ Cr) | Net Profit (₹ Cr) |
|---|---|---|---|
FY23 |
4,291.73 |
5,640.31 |
602.69 |
FY24 |
4,996.50 |
6,876 |
799.83 |
FY25 |
5,565.74 |
9,512 |
921.53 |
*Detailed year-wise financial statements, including audited figures, are available in the DRHP and should be referred to for complete financial information.
The table below summarises the current status of the IPO process based on publicly available information:
| Milestone / Stage | Date (or Status) | Details |
|---|---|---|
DRHP filed with SEBI |
19 January 2026 |
Draft Red Herring Prospectus filed for mainboard IPO |
DRHP disclosed on SEBI website |
22 January 2026 |
Filing made available under public issues |
SEBI observations |
Awaited |
DRHP under regulatory review |
Filing of Red Herring Prospectus (RHP) |
To be announced |
Post SEBI observations |
IPO Opening Date |
Not yet announced |
Final dates awaited |
IPO Closing Date |
To be announced |
To be declared with opening date |
Listing on NSE/BSE |
To be announced |
Post allotment and listing formalities |
Note: Investors should refer to official filings for final IPO dates to learn more about Advanta Enterprises Limited IPO listing details and price, and listing timelines.
Check other upcoming ipo’s here : Upcoming IPO
This content is for informational purposes only and the same should not be construed as investment advice. Bajaj Finserv Direct Limited shall not be liable or responsible for any investment decision that you may take based on this content.
Advanta Enterprises Limited filed its Draft Red Herring Prospectus with SEBI on 19 January 2026, formally initiating the IPO process.
The IPO is structured entirely as an offer for sale of up to 3.61 crore equity shares of face value ₹1 each, with no fresh issue component. The final issue size in rupee terms will be disclosed in the RHP.
Advanta Enterprises Limited is a global agricultural solutions company focused on hybrid seeds and post-harvest solutions across multiple crops and geographies.
No. Since the IPO is a 100% offer for sale, all proceeds will go to the selling shareholders and not to the company.
Subject to regulatory approvals, the equity shares are proposed to be listed on both the NSE and the BSE.
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