12-Dec-2024
2 mins read
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Indo Farm Equipment IPO open date is on 31 December 2024 to 2 January 2025. This new IPO is a book-built issue of Rs 260.15 crore. This upcoming IPO is a combination of fresh issue and offer-for-sale. The fresh issue is of Rs 184.90 crore and offer-for-sale is of Rs 75.25 crore.
Indo Farm Equipment IPO price band is Rs 204 to Rs 215 per share. As of now, Indo Farm Equipment IPO GMP Live is Rs 46 per share indicates mild bullish sentiment for this IPO among investors. Live IPO Grey Market Premium details are visible online.
Indo Farm Equipment IPO lot size is 69 shares and the allotment status live is finalised on January 3, 2025. The minimum investment for the retail investors for 1 lot is Rs 14,835. The registrar for the Indo Farm Equipment IPO is Mass Services Limited. The IPO listing date is 7 January 2025.
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Indo Farm Equipment IPO GMP Live
Indo Farm Equipment IPO GMP Live is Rs 46 per share. You can check the latest Grey market premium price online from the first day of subscription. If the subscription got oversubscribed then Indo Farm Equipment IPO GMP might rise in the coming days.
Indo Farm Equipment IPO Open Date, Close Date
Indo Farm Equipment IPO open date is 31 December 2024 and closing will be on 2 January 2025. Initiation of refund date is 6 January 2025 and credit of shares will be on 6 January 2025.
Indo Farm Equipment IPO Price Band
Indo Farm Equipment IPO price band is Rs 204 to Rs 215 per share. The minimum amount of investment for the retail category is to be around Rs 14,835 and for small NII minimum investment is to be around Rs 2,07,690. The minimum investment for the Big NII is to be around Rs 10,08,780.
Indo Farm Equipment IPO Allotment Status
Indo Farm Equipment IPO allotment status will be finalised on January 3, 2025. The listing will be on the BSE and NSE platforms on January 7, 2025. The registrar of this IPO is Mass Services Limited. Investors can check their allotment status after the subscription of the IPO ends.
Indo Farm Equipment IPO Listing Date
Indo Farm Equipment IPO listing date will be on 7 January 2025. The Listing will be on both the NSE and BSE exchanges. Retail investors can sell the shares after 10 AM on the listing day.
Indo Farm Equipment IPO: Listing Date, Lot Size, Price Band
Indo Farm Equipment IPO Limited: About the Company
Indo Farm Equipment Incorporated in 1994, engaged in the business of manufacturing farm equipment. The company manufactures a wide range of tractors, harvesters, engines and construction equipment designed to meet the needs of farmers and infrastructures developers.
The company is known for its robust, cost-effective and fuel efficient products catering to the both domestic and international markets. Indo Farm Equipment has a strong focus on innovation, customer satisfaction and building a reliable brand image. Indo Farm emphasizes sustainability by integrating environment friendly technologies into its product designs.
Indo Farm Equipment IPO Objectives
Indo Farm Equipment IPO funds will be used to fund the working capital requirements of the company. The remaining funds will be utilised in the company operations and fulfilling the general corporate purposes.
Indo Farm Equipment IPO: Key Dates, Allotment Date
Indo Farm Equipment IPO Subscription Status, IPO Reservation
Indo Farm Equipment IPO subscription status will be available after the IPO opens on 31 December 2024. In the QIB category 50% of the net offer is reserved. The remaining 35% is reserved for the retail investors and 15% is for Non-Institutional investors.
Indo Farm Equipment IPO Lot Size Details
Indo Farm Equipment IPO IPO lot size is set at 69 shares per lot. For retail, the minimum lot size is 1 lot, amounting to around Rs 14,835, and the maximum is 13 lots, amounting to be around Rs 1,92,855. For small HNI, the minimum lot size is 14, amounting to be around Rs 2,07,690.
Indo Farm Equipment IPO Promoter Holdings
Indo Farm Equipment IPO promoters are Ranbir Singh Khadwalia and Sunita Saini. The promoters' shareholdings before the IPO were 93.45% however, after the IPO, shareholdings will decline to 69.44%.
Indo Farm Equipment IPO Registrar
Indo Farm Equipment IPO registrar is Mas Services Limited. On the date of allotment, Investors can click on the registrar website and select the name of the company and enter PAN number or application ID to know their allotment status.
Indo Farm Equipment IPO Lead Managers
Indo Farm Equipment IPO lead managers are Aryaman Financial Services Limited.
How to apply to Indo Farm Equipment IPO
Interested investors can apply to the Indo Farm Equipment IPO directly from the Bigul trading app and you can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul.
Indo Farm Equipment IPO Review
Indo Farm Equipment IPO may get a positive response from the general public. The company is involved in the manufacturing of farm equipment. So, investors interested in the agriculture sector can apply to this IPO.
This upcoming IPO is expected to witness an oversubscription in the last bidding date. Moreover, if the IPO gets a positive response then Indo Farm Equipment IPO GMP will also rise.
Indo Farm Equipment IPO FAQ
1. What are the details of the Indo Farm Equipment IPO?
Indo Farm Equipment IPO is a book-built issue of Rs 260.15 crore. This upcoming IPO is a combination of fresh issue and offer-for-sale. The fresh issue is of Rs 184.90 crore and offer-for-sale is of Rs 75.25 crore..
2. When will the Indo Farm Equipment IPO open and close?
Indo Farm Equipment IPO open date is 31 December 2024 and closing will be on 2 January 2025. Initiation of refund date is 6 January 2025 and credit of shares will be on 6 January 2025.
3. What is Indo Farm Equipment IPO GMP?
Indo Farm Equipment IPO GMP Today is Rs 46 per share. You can check the latest GMP price online from the first day of subscription. If the subscription got oversubscribed, then Indo Farm Equipment IPO GMP might rise in the coming days.
4. What are the details of Indo Farm Equipment IPO Subscription Status?
Indo Farm Equipment IPO subscription status will be available after the IPO opens on 31 December 2024. In the QIB category, 50% of the net offer is reserved. The remaining 35% is reserved for retail investors, and 15% is for Net Institutional investors.
5. Write the details of the IPO Allotment Status?
Indo Farm Equipment IPO allotment status will be finalised on January 3, 2025. The listing will be on the BSE and NSE platforms on January 7, 2025. The registrar of this IPO is Mass Services Limited. Investors can check their allotment status after the subscription of the IPO ends.
6. Who is the registrar and lead managers for Indo Farm Equipment IPO?
Indo Farm Equipment IPO's registrar is Mas Services Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status. The lead manager is Aryaman Financial Services Limited.
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