The Indo Farm Equipment IPO has begun on 31-December-2024. It will close on 02-January-2025. The Total IPO Size is 260.15 Crores. The company set its IPO price is 215 Rs Per Share.
Basically, there are three basic categories in Indo Farm Equipment IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Retails.
Indo Farm Equipment is incorporated in 1994.
Indo Farm Equipment is a more than two decade old fully integrated manufacturer of world class Tractors, Pick & Carry Cranes and other farm equipment such as Harvester Combines, Rotavators and other related spares & components.
They are leading manufacturer of complex tooling, mechanical assemblies, electro-mechanical turnkey systems and precision components, widely used in the aeroengine and airframe tooling for production, MRO and line maintenance activities.
The product portfolio includes, inter alia, engine lifting and balancing beams, assembly, disassembly and calibration tooling, ground support equipment, airframe assembly platforms, engine transportation stands, mechanical & electro-mechanical turnkey systems, and precision components.
They have manufactured 2,356 SKUs in tooling and precision complex sub-assemblies’ category and 624 SKUs in the precision machined parts category, supplying to more than 26 customers across 7 countries.
Ranbir Singh Khadwalia and Sunita Saini are the promoters of the company.
Indo Farm Equipment IPO Date, Details & Price Band
The Indo Farm Equipment IPO Price Band, IPO Dates, Market lot and other details mention in be below table.
| IPO Opening Dates | 31-December-2024 |
| IPO Closing Dates | 02-January-2025 |
| Price | 204-215 Rs |
| Fresh Issue | 184.90 Crores |
| Offer for Sale | 75.25 Crores |
| Total IPO size | 260.15 Crores |
| Face Value | 10 INR Per Share |
| Issue Type | Book Built Issue |
| QIB Allocation | 50% |
| HNI Allocation | 15% |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Indo Farm Equipment IPO Market Lot
The Indo Farm Equipment IPO minimum market lot is 69 shares With 14,835 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 69 | 14,835 ₹ |
| Retail Maximum | 13 | 897 | 1,92,855 ₹ |
| S-HNI Minimum | 14 | 966 | 2,07,690 ₹ |
| S-HNI Maximum | 67 | 4,623 | 9,93,945 ₹ |
| B-HNI Minimum | 68 | 4,692 | 10,08,780 ₹ |
Restated Financial Record of the three year (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 30-Jun-24 | 644.27 | 75.54 | 2.45 |
| 31-Mar-24 | 647.95 | 375.95 | 15.6 |
| 31-Mar-23 | 622.84 | 371.82 | 15.37 |
Indo Farm Equipment IPO GMP & Grey Market Premium
Indo Farm Equipment IPO GMP Grey market premium has been started today. Check Latest Indo Farm Equipment PO GMP, Kostak Rates and Subject to Sauda Price here.
Indo Farm Equipment IPO Prospectus
Indo Farm Equipment IPO Prospectus Available on BSE and Sebi Website as well as on our Portal. Please click here to Download Indo Farm Equipment IPO Prospectus.
| DRHP | Download |
| RHP | Download |
Indo Farm Equipment IPO Allotment Date & Details
| Allotment Date | 03-January-2025 |
| Initiation of refunds | 06-January-2025 |
| Transfer of shares to Demat accounts | 06-January-2025 |
| Listing Date | 09-January-2025 |
| Check Allotment Status | Click here |
Registrar of Indo Farm Equipment
MAS Services Limited
T-34 2nd floor, Okhla industrial area phase II, New delhi 110020, India.
Tel: 011-26387281-83, 011-41320335; Email: [email protected]
Website: www.masserv.com
Contact Person: N.C. Pal
SEBI Registration No.: INR000000049
Indo Farm Equipment Contact Details
Indo Farm Equipment Limited
SCO 859,
NAC Manimajra Kalka Road,
Chandigarh 160101
Phone: 0172-2730060
Email: [email protected]
Website: https://www.indofarm.in/
Indo Farm Equipment IPO Lead Managers
ARYAMAN FINANCIAL SERVICES LIMITED
60, Khatau Building, Ground Floor, Alkesh Dinesh Modi Marg,
Fort, Mumbai – 400 001
Tel: +91 – 22 – 6216 6999; Email: [email protected];
Investor Grievance Email: [email protected];
Website: www.afsl.co.in
Contact Person: Mr Deepak Biyani/ Mr Vatsal Ganatra
SEBI Registration No.: INM000011344