Indo Farm Equipment Limited IPO
Construction Vehicles · listed 7 Jan 2025
Follow this IPOuse-of-proceeds reports, on Telegram
- Issue price
- ₹215.00
- band ₹204.00 to ₹215.00
- Issue size
- ₹75.3 cr
- fresh - · OFS ₹75 cr
- Lot
- 69 shares
- ₹14,835 at the top of the band
- Subscription window
- 31 Dec to 2 Jan
- 2024
- Listing
- 7 Jan 2025
- NSE
- Subscribed
- 98.4x
- retail 41.2x
About the Indo Farm Equipment IPO
Indo Farm Equipment Limited raised ₹75.3 crore through a mainboard IPO on NSE and BSE: an offer for sale of ₹75.3 crore.
Bidding ran Tue 31 Dec to Thu 2 Jan, at an issue price of ₹215 a share, in lots of 69 shares. The shares listed on 7 Jan 2025.
The book-running lead manager is Aryaman Financial Services Limited. The registrar, which handles allotment, is MAS Services Limited.
The issue was subscribed 98.43 times overall, with the retail portion at 41.22 times, as the exchange's bid book showed.
newboard writes its studies from the offer document before an issue lists, and this one listed without one. The figures on this page are the exchange's and the offer document's, each with its source.
Indo Farm Equipment IPO: questions answered
When was the Indo Farm Equipment IPO open, and what were the price band and lot size?
Bidding ran Tue 31 Dec to Thu 2 Jan. The issue price is ₹215 a share. One lot is 69 shares, ₹14,835 at the upper end of the band.
When did the Indo Farm Equipment IPO list?
The shares listed on 7 Jan 2025 on NSE and BSE.
How do I check the Indo Farm Equipment IPO allotment status?
Allotment is finalised by the registrar, MAS Services Limited, usually the working day after the issue closes. Check it on the registrar's website or on BSE and NSE with a PAN, application number or DP ID. Shares not allotted have their blocked amount released by the refund date.
The Indo Farm Equipment IPO allotment status page, with the direct links
Who are the registrar and lead managers of the Indo Farm Equipment IPO?
The book-running lead manager is Aryaman Financial Services Limited. The registrar, which handles applications and allotment, is MAS Services Limited.
How many times was the Indo Farm Equipment IPO subscribed?
98.43 times overall, as the exchange's bid book last showed: qualified institutions 134.35 times, non-institutional investors 146.88 times and retail 41.22 times.
Is the Indo Farm Equipment IPO a fresh issue or an offer for sale?
It includes an offer for sale of ₹75.3 crore: that money goes to the shareholders selling, not to the company.
What is the Indo Farm Equipment IPO GMP?
newboard does not publish a grey-market premium. Grey-market deals happen outside the stock exchanges, are not regulated, and leave no public record of who traded at what price. What is on record is the offer document, read on this page, and the exchanges' bid book.
Where the money went
The monitoring agency's report for the quarter to 30 Jun 2026: each object in the offer document and how much of it had been used by then.
| Object | Proposed, ₹ crore | Used, ₹ crore |
|---|---|---|
| Further Investment in our NBFC Subsidiary (Barota Finance Ltd.) for financing the augmentati on of its capital base to meet its future | 45.0 | 45.0 |
| General Corporate Purpose | 3.0 | 2.9 |
| Setting up new Dedicated Unit for Expansion of our Pick & Carry Cranes Manufactur ing Capacity | 50.0 | 50.0 |
Indo Farm Equipment IPO: the next step, on Telegram
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Not on this page yet: an offer-document study, the peer table the issuer printed. Each is added when the pipeline extracts it from the offer document.