Indo Farm Equipment IPO opens on December 31, 2024, and closes on January 2, 2025. This is a Book Built Issue IPO. The company aims to raise ₹260.15 crores through the IPO, consisting of a fresh issue of ₹184.90 crores and an offer for sale up to 3,500,000 equity shares. The IPO price band is ₹204 to ₹215 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. The IPO is set to list on NSE and BSE on January 7, 2025. The allotment date for the IPO is January 3, 2025. Indo Farm Equipment reported revenue of ₹375.95 crores in 2024, compared to ₹371.82 crores in 2023. The company posted a profit of ₹15.60 crores in 2024, up from ₹15.37 crores in 2023. As per the financials, the IPO is recommended for long-term investments.
Indo Farm Equipment IPO Details
Field
Value
ipo title
Indo Farm Equipment IPO
status
Listed
gain percentage
19.07%
subscription
227.67x
price
215
gmp
76
est listing
291 (35.35%)
ipo size
₹ 260.15 Cr
Indo Farm Equipment IPO Dates
Field
Value
lot
69
open
31-Dec
close
02-Jan
boa dt
03-Jan
listing
07-Jan
Indo Farm Equipment IPO Financial Report
In 2024, Indo Farm Equipment reported a revenue of ₹375.95 crores compared to ₹371.82 crores in 2023. The company posted a profit of ₹15.60 crores in 2024, compared to ₹15.37 crores in 2023.
Financial Year
2022
2023
2024
Revenue
₹352.08
₹371.82
₹375.95
Expense
₹333.34
₹349.57
₹352.06
Profit
₹13.72
₹15.37
₹15.60
Total Assets
₹619.83
₹622.84
₹647.95
About Indo Farm Equipment IPO
Indo Farm Equipment Limited was established in 1994 and is involved in producing tractors, pick-and-carry cranes, and various types of machinery used for harvesting crops. It sells its products, such as tractors and cranes, in countries like Nepal, Syria, Sudan, Bangladesh, and Myanmar. The company manufactures tractors ranging from 16 HP to 110 HP and pick-and-carry cranes from 9 to 30 tons. Indo Farm Equipment has a factory in Baddi, Himachal Pradesh, with a capacity to produce 12,000 tractors and 720 cranes annually. The company is well-regarded as a skilled manufacturer and plans to further expand its operations and capabilities.
Indo Farm Equipment IPO is a main-board IPO aimed at raising ₹260.15 crores, with a price band of ₹204 to ₹215 per share. The IPO will be listed on BSE and NSE.
When will Indo Farm Equipment IPO open for subscription?
The IPO will open on December 31, 2024, and close on January 2, 2025.
What is Indo Farm Equipment IPO Investors' Portion?
The allocation is 50% for QIB, 15% for NII, and 35% for Retail investors.
How to apply for Indo Farm Equipment IPO?
You can apply for Indo Farm Equipment IPO via ASBA online using your bank account or UPI through stock brokers. Offline applications through brokers are also possible.
What is Indo Farm Equipment IPO Issue Size?
The issue size is ₹260.15 crores.
What is Indo Farm Equipment IPO Price Band?
The price band is ₹204 to ₹215.
What is Indo Farm Equipment IPO Lot Size?
The minimum bid size is 69 shares, which costs ₹14,835.
What is the Indo Farm Equipment IPO Allotment Date?
The allotment date is January 3, 2025.
What is the Indo Farm Equipment IPO Listing Date?
The IPO will be listed on January 7, 2025, on both BSE and NSE.
About GMPSHARE
Gmpshare Pvt. Ltd.
4-158/9 5th Cross Road, Sainikpuri, Secunderabad - 500094, TS, IND
