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Indo Farm Equipment Ltd. IPO
NSE & BSE Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹215
Issue Price
₹215
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹215
GMP based
Lot Size
69
shares / lot
Min Amount
₹14,835
1 lot · 69 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
31 Dec 2024
Tue Completed
Done
Close Date
02 Jan 2025
Thu Completed
Done
Allotment
03 Jan 2025
Fri Completed
Done
Refund
06 Jan 2025
Mon Completed
Done
Demat Credit
06 Jan 2025
Mon Completed
Done
Listing Date
07 Jan 2025
Tue Completed
UPI Deadline: 02 Jan 2025
Issue Details
Pricing & Size
Issue Price
₹215 Face ₹10
Lot Size
69 shares
Min Investment
₹14,835
Total Issue Size
1,21,00,000 shares (aggregating up to ₹260.15 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
60,50,000 (50.00%)
NII / HNI
18,15,000 (15.00%)
Retail
42,35,000 (35.00%)
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
3,94,51,600 shares
Post-Issue Shareholding
4,80,51,600 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 69 ₹14,835
HNI / NII 14 966 ₹2,07,690
bHNI / bNII 68 4,692 ₹10,08,780
Objects of Issue
4 objectives
1
Setting up new Dedicated Unit for Expansion of their Pick & Carry Cranes Manufacturing Capacity
2
Repayment or pre-payment, in full or part, of certain borrowings availed by the Company
3
Further Investment in NBFC Subsidiary (Barota Finance Ltd.) for financing the augmentation of its capital base to meet its future capital requirements.
4
General Corporate Purposes
Lead Managers & Market Maker
Book Running Lead Managers
Aryaman Financial Services Ltd.
IPO Timeline
Open
31 Dec
✓ Done
Close
02 Jan
✓ Done
Allotment
03 Jan
✓ Done
Listing
07 Jan
✓ Done
Registrar Details
MAS Services Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
(011) 2610 4142
Email
ipo@masserv.com
Company Contact
Email
compliance@indofarm.in
Phone
0172-2730060
Address
SCO 859, NAC Manimajra Kalka Road, Chandigarh, Chandigarh, 160101
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹215
Est. Listing
₹215
Lot Size
69 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Indo Farm Equipment Ltd. LIVE
INR ·
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| Price
Market Reference
IPO Issue Price
₹215
GMP
+₹0 (+0%)
GMP Est. Listing
₹215
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 60,50,000 (50.00%) ₹13,007.50 Cr
NII / HNI (Total) 18,15,000 (15.00%) ₹3,902.25 Cr
Retail Investors 42,35,000 (35.00%) ₹9,105.25 Cr
Total ** 1,21,00,000 (100.00%) ₹260,150.00 Cr
* Based on ₹215.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
60,50,000 (50.00%)
NII
18,15,000 (15.00%)
Retail
42,35,000 (35.00%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Crore
Metric30 Jun 202431 Mar 202431 Mar 2023
Revenue75.54375.95371.82
PAT2.4515.6015.37
EBITDA
Net Worth342.25317.06290.37
Total Assets644.27647.95622.84
Reserves
Borrowings245.36270.54280.65
Key Financial Ratios
5.13%
ROE
Return on Equity
8.96%
ROCE
Return on Capital Employed
4.92%
RONW
Return on Net Worth
4.16%
PAT Margin
PAT / Revenue
0.85
D/E Ratio
Debt to Equity
2.55
P/BV
Price to Book Value
3.95
Pre EPS
EPS Pre-Issue
2.04
Post EPS
EPS Post-Issue
54.39
Pre P/E
P/E Pre-Issue
105.25
Post P/E
P/E Post-Issue
About Indo Farm Equipment Ltd.

Incorporated in 1994, Indo Farm Equipment Limited is engaging in manufacturing Tractors, Pick & Carry Cranes, and other harvesting equipment.

The Company operates two brands: Indo Farm and Indo Power, They export their products to countries like Nepal, Syria, Sudan, Bangladesh, Myanmar, etc.

The Company manufactures tractors range 16 HP to 110 HP and pick & carry cranes range 9 to 30 tons. The facility in Baddi, Himachal Pradesh, spans 127,840 sq. meters and includes a foundry, machine shop, and assembly units. The Company has 12000 tractors and 1,280 Pick & Carry Cranes production capacity annually.

The Company spans 127,840 sq. meters of industrial land in Baddi, Himachal Pradesh, housing a captive foundry, machine shop, and fabrication and assembly units for tractors, pick & carry cranes, and other equipment.

They have acquired additional industrial land near the current facility to build a new pick & carry crane manufacturing unit, aiming to increase capacity by 3,600 units per year.

As of June 30, 2024, They had 938 employees on payroll.

Competitive Strengths:

  • Fully Integrated and established Manufacturing Setup
  • Well Educated & Experienced Management
  • In-House NBFC Setup
  • Manufacturing Wide Range of Products
  • Product acceptability in multiple countries and a wide variety of financial institutions
Frequently Asked Questions
What is the issue price of Indo Farm Equipment Ltd. IPO?
The issue price of Indo Farm Equipment Ltd. IPO is ₹215 per share, face value ₹10.
What is the lot size?
Minimum lot size is 69 shares, requiring ₹14,835.
What are the IPO dates?
Opens 31 Dec 2024, closes 02 Jan 2025.
When is the listing date?
Tentative listing: 07 Jan 2025 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹215 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Indo Farm Equipment Ltd. IPO · Expected 03 Jan 2025

Check on Registrar
Post-IPO Timeline
Allotment Date
03 Jan 2025
Refund Initiation
06 Jan 2025
Demat Credit
06 Jan 2025
Listing Date
07 Jan 2025
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹215
Face ₹10
Lot Size
69
shares / lot
Min Amount
₹14,835
1 lot
Est. Listing
₹215
GMP +₹0
Key Dates
Open
31 Dec Done
Close
02 Jan Done
Listing
07 Jan Done
Registrar
MAS Services Ltd.
A
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