74  Total SME IPOs listed in 2025

3,229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

Indo Farm Equipment IPO (Indo Farm Equipment Limited IPO) Detail

Indo Farm Equipment IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 260.15 Cr. The company is based in Chandigarh and caters to Engineering sector. Aryaman Financial Services is the merchant banker of Indo Farm Equipment IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 28th September 2023.

Indo Farm Equipment IPO open date is 31st December 2024 and close date is 2nd January 2025. IPO Allotment Date is 3rd January 2025 and Listing date is 7th January 2025.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹ 260.15 Cr. Avg IPO Size (Sector Based) : ₹ 623.18 cr.
  • Sector: Engineering IPO so far: 38
  • Merchant Banker: Aryaman Financial IPO by BRLM so far: 7
  • City: Chandigarh IPO so far: 2
  • Revenue (annualised): ₹ 302.16 cr.
            PAT: (annualised): ₹ 9.80 cr. Read Financial Information >>
  • PE Ratio: 105.25x Average Sector PE Ratio: 23.04x

Indo Farm Equipment IPO Date

Date of DRHP:
28th September 2023
IPO Open Date:
31st December 2024
IPO Close Date:
2nd January 2025
IPO Allotment Date:
3rd January 2025
Initiation of Refund:
6th January 2025
IPO Listing Date:
7th January 2025

Indo Farm IPO Info, Size, Subscription

Indo Farm Equipment IPO size is ₹ 260.15 Cr. with IPO price of ₹ 0.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 260.15 Cr.

Issue Price:
₹ 0.00

Market Capitalisation :
₹ 1033.11 Cr.

PE multiple :
105.25

Subscription :
227.67 times

Pre Issue Promoter Holding :
93.45 %

Post Issue Promoter Holding :
69.44 %

Indo Farm Equipment IPO Information

Sub Sector : manufacturing Tractors, Pick & Carry Cranes, and other harvesting equipment
Incorporated in 1994, Indo Farm Equipment Limited is a more than two decade old fully integrated established manufacturer of Tractors and Pick & Carry Cranes. They also deal in other farm equipment such as Harvester Combines, Rotavators and other related spares & components, which do not materially contribute to total revenue of their Company
Their products are being exported to various countries. The total sales for last three financial years include around 93% domestic sales and around 7% export sales. Their facilities are spread across 127,840 sq. mtrs. of Industrial lands at Baddi, Himachal Pradesh which includes a captive foundry unit
Show More

Object of Issue (Indo Farm IPO Objectives)

  • Setting up new Dedicated Unit for Expansion of our Pick & Carry Cranes Manufacturing Capacity
  • Repayment or pre-payment, in full or part, of certain borrowings
  • Further Investment in their NBFC Subsidiary (Barota Finance Ltd.) for financing the augmentation of its capital base to meet its future capital requirements.
  • General Corporate Purposes

Aryaman Financial Services Limited is the book-running lead manager of the Indo Farm Equipment IPO. Mas Services Limited is the Registrar for Indo Farm Equipment IPO.

Indo Farm IPO Registrar (RTA)

Mas Services Limited

Indo Farm IPO Lead Manager (BRLM)

Aryaman Financial Services Limited

Indo Farm Equipment IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Indo Farm Equipment IPO?

Indo Farm Equipment IPO, based in Chandigarh, operates in the   Engineering sector with a focus on manufacturing Tractors, Pick & Carry Cranes, and other harvesting equipment. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Indo Farm Equipment IPO size is ₹ 260.15 Cr. with fresh issue size of ₹ 184.90 Cr. and Offer for sale being ₹ 75.25Cr.

When is Indo Farm IPO allotment?

The IPO allotment date for Indo Farm Equipment IPO is expected to be 3rd January 2025, after the finalization of basis of allotment. Investors can check Indo Farm Equipment IPO allotment status on the registrars website, Mas Services Limited . Indo Farm Equipment IPO refund dates are 6th January 2025.

When is Indo Farm Equipment IPO listing date?

Indo Farm Equipment IPO is expected to be listed on 7th January 2025.

What is the price band for Indo Farm IPO?

The upper price band for the Indo Farm Equipment IPO is set at ₹ 0.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Indo Farm Equipment IPO Review?

For IPO analysis on Indo Farm Equipment IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Indo Farm Equipment IPO?

To apply for the Indo Farm Equipment IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 2nd January 2025. After submission, funds are blocked until the basis of allotment of Indo Farm Equipment IPO is finalised.

Who is the merchant banker of Indo Farm IPO?

The merchant banker for Indo Farm Equipment IPO is Aryaman Financial Services Limited . Aryaman Financial Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Indo Farm Equipment IPO RHP for further details.

Who is the Registrar of Indo Farm Equipment IPO?

The registrar for Indo Farm Equipment IPO is Mas Services Limited . Investors can go to Mas Services Limited registrar website for IPO allotment status, refund processing, and other queries related to Indo Farm Equipment IPO through their official website or helpline.

What is the Indo Farm Equipment IPO subscription?

Indo Farm Equipment IPO was subscribed 227.67 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

Thinking of
Listing Your Business through
SME IPO?
We can Help!
Contact Us Today

Recent IPO List

Scoda Tubes Limited

  Steel

  Ahmedabad


Prostarm Info Systems Limited

  Power and Energy

  Mumbai


Aegis Vopak Terminals Limited

  Oil and Gas

  Surat


Leela Hotels - Schloss Bangalore Limited

  Hotels and Resorts

  New Delhi


Borana Weaves Limited

  Textiles - Fabrics

  Surat


Thinking of
Listing Your Business through
SME IPO?
We can Help!
Contact Us Today

Peer Companies Of This Sector

FAQs

Indo Farm Equipment IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Indo Farm Equipment Financial Review Page

Indo Farm Equipment IPO subscription was 227.67 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Indo Farm Equipment IPO listed at a listing price of 256.00 against the offer price of 215.00.

The current market price of Indo Farm Equipment is 171.36.

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency