Advance Agrolife IPO Day 1: GMP at 10%, issue subscribed 9% so far. Should you bid?

Advance Agrolife’s IPO saw a 9% subscription on Day 1, with retail investors showing strong interest. Shares are trading at a 10% grey market premium, suggesting a likely listing around Rs 110–111. The IPO closes on October 3, with listing expected on October 8.