INDO FARM EQUIPMENT LIMITED

31 Dec 2024 - 02 Jan 2025 Individual Category Main Board BSE NSE

Min Investment

₹14835

Price Band

₹204-₹215

Issue Size

84.7 lakhs
Equity Shares

Lot Size

69

IPO Dates
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31 Dec 2024

Open Date

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02 Jan 2025

Close Date

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03 Jan 2025

Allotment Date

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07 Jan 2025

Listing Date

Indo Farm Equipment IPO open date is on 31 December 2024 to 2 January 2025. This new IPO is a book-built issue of 121 lakh equity shares. This upcoming IPO is a combination of fresh issue and offer-for-sale.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.

Know Before Investing

Strengths icon

  • Fully Integrated and established Manufacturing Setup
  • In-House NBFC Setup
  • Manufacturing Wide Range of Products

Weaknesses icon

  • Changing regulations in India could lead to new compliance requirements that are uncertain.
  • Natural or man-made disasters fires epidemics pandemics acts of war terrorist attacks civil unrest and other events could materially and adversely affect our business.
  • Financial instability in other countries may cause increased volatility in Indian financial markets.

About Indo Farm Equipment Limited

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.

Founded

1994

Managing Director

Mr Ranbir Singh Khadwalia

Parent Organization

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.

Company Promoters

Ranbir Singh Khadwalia

Sunita Saini

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

How to Apply for IPO

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IPO Allotment

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