Indo Farm Equipment IPO GMP

Indo Farm Equipment IPO: Last Day to Bid Today! 2025

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Indo Farm Equipment IPO: The year 2024 was great in terms of IPO, especially December, even as December is going by, it is giving you an opportunity to earn, yes, the IPO of this company is opening on the last day of the year, so keep the money ready and prepare for investment. Come, Know about IPO…

Indo Farm Equipment IPO GMP
Indo Farm Equipment IPO GMP

Indo Farm Equipment IPO

Indo Farm Equipment IPO GMP
Indo Farm Equipment IPO GMP

Indo Farm Equipment IPO is opening on the 31st of December. The company’s IPO will remain open for retail investors till 2 January The size of the company’s IPO is Rs 260.15 crore. Through this issue, the company will issue shares under fresh shares and offer for sale. For this, the company is issuing 86,00,000 fresh shares worth ₹184.90 crore.

At the same time, existing investors of Indo Farm Equipment are selling 35,00,000 shares worth ₹75.25 crore. The company will issue 86 lakh fresh shares through IPO and 35 lakh shares under offer for sale. The company has set a price band for the IPO.

Indo Farm Equipment IPO Price Band

The company has fixed the price band of Rs 204 to Rs 215 per share for the IPO. A lot of 69 shares have been made by the company. Because of this retail investors will have to place a bet of at least Rs 14,835.

Indo Farm Equipment IPO GMP

If seen from the company’s point of view, there is good news from the gray market. The company is performing well in the gray market. According to the report of Investors Gain, the company’s IPO is trading at a premium of Rs 21 in the gray market today.

About the Indo Farm Equipment IPO

A maximum of 50 % of the IPO will be reserved for qualified institutional buyers. At the same time, the company will reserve at least 35 % share for retail investors. At least 15 % will be reserved for non-institutional investors. Let us tell you, that the listing of the company is proposed in BSE and NSE.

What is the Minimum and Maximum Amount that can be Invested?

Retail investors can bid for a minimum of one lot i.e. 69 shares. If you apply for 1 lot at the upper price band of IPO of ₹ 215, then you will have to invest ₹ 14,835. At the same time, retail investors can apply for a maximum of 13 lots i.e. 897 shares. For this, investors will have to invest ₹ 1,92,855 as per the upper price band.

  • IPO opening – 31 December
  • IPO closing – 2 January
  • Share allotment – 3 January
  • Refund – 6 January
  • Share credited in Demart account – 6 Jan.
  • Share market listing – 7 January Aryaman Financial Services Limited is the book-running lead manager for the IPO. The registrar is Mas Services Limited.
About the Company
  • Indo Farm Equipment Limited, established in 1994
  • This company produces tractors and other harvesting equipment.
  • The company operates two brands named Indo Farm and Indo Power.
  • The company’s products are exported to countries like Nepal, Syria, Sudan, Bangladesh and Myanmar.

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