Indo Farm Equipment Limited
₹14,835(69 Shares)
Minimum Investment
IPO Dates
Dec 31, 2024 – Jan 2, 2025
Price Band
₹204–215 per equity share
Lot Size
69
Listing
Jan 7, 2025
Listing At
BSE, NSE
Indo Farm Equipment Limited Live Subscription Details
All IPOsAll Live IPOsNII Sub-Categories
sHNI (< ₹10L)
Bids ₹2L to ₹10L
bHNI (> ₹10L)
Bids above ₹10L
Overall Subscription
Total Bids Received
227.57x
Indo Farm Equipment Limited IPO Issue Details
- Issue Price
- ₹204-215 Per Equity Share
- Face Value
- ₹10 Per Equity Share
- Fresh Share
- 86,00,000 shares(aggregating up to ₹184.9 crore)
- Listing At
- BSE, NSE
- Listing Date
- Jan 7, 2025
- Registrar
- Mas Services Limited
Reservation Details
Shares Offered
18,15,000
Shares Offered
24,20,000
Shares Offered
36,30,000
Company Information
The Indo Farm Equipment is a major manufacturer of world-class tractors, pick-and-carry cranes, and advanced farm equipment, which also includes the harvester combines, rotavators, and related parts.P...
Valuations
EPS (Pre-IPO)
3.95
EPS (Post-IPO)
2.04
P/E (Pre-IPO)
54.39
P/E (Post-IPO)
105.25
RoNW
4.92%
PAT Margin
4.16%
P/B Value
2.55
Financial Information (₹ in Crores)
* All figures are in ₹ Crores unless otherwise stated.
Objectives of the Issue
- 1Setting up new Dedicated Unit for Expansion of their Pick & Carry Cranes Manufacturing Capacity
- 2Repayment or pre-payment, in full or part, of certain borrowings availed by the Company
- 3Further Investment in NBFC Subsidiary (Barota Finance Ltd.) for financing the augmentation of its capital base to meet its future capital requirements.
- 4General Corporate Purposes
Indo Farm Equipment Limited – Promoter(s)
Contact Details
Corporate Office
SCO 859, NAC Manimajra Kalka Road, Chandigarh 160101
Indo Farm Equipment Limited Allotment & Registrar Details
Check AllotmentMas Services Limited
Indo Farm Equipment Limited IPO Documents
Frequently Asked Questions — Indo Farm Equipment Limited IPO
The Indo Farm Equipment Limited IPO price band is set at ₹204.00 to ₹215.00 per equity share.
The lot size for Indo Farm Equipment Limited IPO is 69 shares per lot. The minimum investment amount is approximately ₹14,835.
The Indo Farm Equipment Limited IPO opens on Dec 31, 2024 and closes on Jan 2, 2025.
Indo Farm Equipment Limited IPO is expected to be listed on Jan 7, 2025 on BSE, NSE.
The current GMP for Indo Farm Equipment Limited IPO is ₹76, suggesting an expected listing price of around ₹280.00. Note: GMP is an unofficial market indicator.
The registrar for Indo Farm Equipment Limited IPO is Mas Services Limited. You can contact them at ipo@masserv.com.
