check out the Indo Farm Equipment IPO GMP (Grey Market Premium) as of today. The GMP on IPO for Indo Farm Equipment has started off strong. Stay tuned for the latest updates on the Indo Farm Equipment IPO GMP.
Indo Farm Equipment IPO is set to open on December 31, 2024. The Indo Farm Equipment IPO is an SME IPO. The Indo Farm Equipment IPO Price band is fixed at ₹204 to ₹215 with a lot of 69 shares.
About Indo Farm Equipment
Indo Farm Equipment Limited, established in 1994, specializes in manufacturing tractors, pick-and-carry cranes, and a variety of crop harvesting machinery. The company operates under two key brands, Indo Farm and Indo Power, and exports its products to international markets, including Nepal, Syria, Sudan, Bangladesh, and Myanmar. Their product portfolio includes tractors ranging from 16 HP to 110 HP and pick-and-carry cranes with capacities from 9 to 30 tons.
The company’s state-of-the-art manufacturing facility, spanning 127,840 square meters in Baddi, Himachal Pradesh, houses a foundry, machine shop, and assembly units. This facility boasts an annual production capacity of 12,000 tractors and 720 cranes. Known for its expertise in precision manufacturing, Indo Farm Equipment Limited is committed to scaling its operations and achieving new milestones. Its growth strategy is driven by an experienced leadership team, an in-house NBFC setup, and a diverse product range, positioning the company as a trusted player in the industry.
Indo Farm Equipment IPO GMP Live Rates
| Date | IPO GMP |
|---|---|
| December 30, 2024 | ₹ 80 (37.21%) |
| December 29, 2024 | ₹ 80 (37.21%) |
| December 28, 2024 | ₹ 80 (37.21%) |
| December 27, 2024 | ₹ 85 (39.53%) |
| December 26, 2024 | ₹ 85 (39.53%) |
| December 25, 2024 | ₹ 55 (25.58%) |
| December 24, 2024 | ₹ 21 (9.77%) |
Indo Farm Equipment IPO Details
| Overview Points | Description |
|---|---|
| Company Name | Indo Farm Equipment Limited |
| Industry | Agricultural Machinery |
| IPO Issue Type | Book Built Issue |
| Open Date | December 31, 2024 |
| Close Date | January 2, 2025 |
| Total Issue Size | Approx. ₹260.15 Crores |
| Fresh Issue | Approx. ₹184.90 Crores |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹204 to ₹215 Per Share |
| Listing on | BSE, NSE |
| Lot Size | 69 Shares Per Lot |
| Offer for Sale | Approx 35,00,000 Equity Shares |
| Shares Offered to Retail | 35% |
| Shares Offered to QIB | 50% |
| Shares Offered to HNI | 15% |
Indo Farm Equipment IPO Dates
| Event | Date |
|---|---|
| IPO Open Date | December 31, 2024 |
| IPO Close Date | January 2, 2025 |
| Basis of Allotment | January 3, 2025 |
| Refunds | January 6, 2025 |
| Credit to Demat Account | January 6, 2025 |
| IPO Listing Date | January 7, 2025 |
FAQs
What is the Current GMP for the Indo Farm Equipment IPO?
The Indo Farm Equipment IPO GMP is ₹- as of today.
What are the Expected Returns for Indo Farm Equipment IPO?
The expected returns for Indo Farm Equipment IPO are -%.
Disclaimer:
- The IPO Grey Market Premium (Indo Farm Equipment IPO GMP) mentioned is applicable only for the specific date noted above.
- We do not participate in buying or selling IPO forms in the Grey Market.
- Please do not base your decision to subscribe to an IPO solely on the premium price, as it may fluctuate before the listing. Always consider the company’s fundamentals before investing.
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