Indo Farm Equipment IPO
December 31, 2024 - January 2, 2025
Listed At : 258.40 (20.19 %)
*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.
Indo Farm Equipment IPO Details
December 31, 2024
Open Date
January 2, 2025
Close Date
January 3, 2025
Allotment Date
January 9, 2025
Listing Date
Per Lot Price
14835
Price Range
215
Total Issue Size
260.15 Cr
Fresh Issue Size
184.90 Cr
Face Value
10
Listing at Group
NSE, BSE
Registrar
MAS Services Limited
Lead Manager
ARYAMAN FINANCIAL SERVICES LIMITED
Offer For Sale
75.25 Cr
Subscription
226.67
About Company
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
Promoter Details
Ranbir Singh Khadwalia and Sunita Saini are the promoters of the company.
Market Lot Details
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 69 | ₹14,835 |
| Retail (Max) | 13 | 897 | ₹1,92,855 |
| S-HNI (Min) | 14 | 966 | ₹2,07,690 |
| S-HNI (Max) | 67 | 4623 | ₹9,93,945 |
| B-HNI (Min) | 68 | 4692 | ₹10,08,780 |
Quota Details
| Category | Percentage (%) |
|---|---|
| QIB | 50% |
| HNI | 15% |
| Retail | 35% |
Company Financials
| 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 |
Important Dates Timetable
| Open Date | December 31, 2024 |
| Close Date | January 2, 2025 |
| Allotment Date | January 3, 2025 |
| Initiation of Refunds | January 6, 2025 |
| Credit of Shares to Demat | January 6, 2025 |
| Listing Date | January 9, 2025 |
Company 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/
Registrar Details
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
Manager Details
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