New Delhi, Oct. 8 -- Advance Agrolife shares made a strong debut on the Indian stock market on Wednesday, October 8, listing at a 14 per cent premium over the IPO price of Rs.100 per share. Advance Agrolife share price listed at Rs.114 on the National Stock Exchange (NSE) and Rs.113 on the BSE.

The listing largely matched expectations with the grey market, with Advance Agrolife's grey market premium (GMP) standing at about 15 per cent just before its debut.

The total market capitalisation of Advance Agrolife stood at Rs.732.86 crore after the listing.

Advance Agrolife IPO was a book build issue of Rs.192.86 crore and entirely a fresh issue of 1.93 crore shares.

The IPO price band was set at Rs.95 to Rs.100 per share, with a minimum am...