Indo Farm Equipment IPO subscription status started on Tuesday, December 31, 2024, and will close on January 2, 2025. The IPO aims to raise approximately ₹260.15 crores through public issuance. The allocation for investor categories includes 35% for Retail Investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for Non-Institutional Investors (NII). The price band is set at ₹204 to ₹215 per equity share, offering an opportunity for investors to participate in this anticipated offering.
The Indo Farm Equipment IPO requires a minimum market lot of 69 shares, amounting to an application value of ₹14,835. This IPO is classified as a Mainboard IPO and will be listed on the BSE.
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.
GMP on IPO of Indo Farm Equipment
For the latest updates on Indo Farm Equipment IPO Grey Market Premium (GMP) and GMP of IPOs, please visit our IPO GMP Page. Stay informed on premium trends and investor interest before making your investment decision.
BapuKhabar View on Indo Farm Equipment
We recommend investors consider applying for this IPO with a Long-Term Perspective, as it holds potential for growth in the coming years. However, before committing, it’s wise to review the QIB, NII, and Retail subscription numbers.
Indo Farm Equipment IPO Subscription Status (Day Wise)
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 0.00 | 0.00 | 0.00 |
| NII | 0.00 | 0.00 | 0.00 |
| RII | 0.00 | 0.00 | 0.00 |
| Total | 0.00 | 0.00 | 0.00 |
Investor Insights
Employee Category (EMP): Reserved specifically for eligible employees, providing an opportunity to invest at the IPO price.
Qualified Institutional Buyers (QIB): Typically larger institutions, including mutual funds and banks, this category has shown [interest level, e.g., strong demand].
Non-Institutional Investors (NII): Includes corporate bodies and HNIs who often bid for a significant portion.
Retail Individual Investors (RII): Subscription levels in this category reflect the enthusiasm of individual retail investors.
Indo Farm Equipment IPO Review and Rating
- Recommendation: Apply
- Rating: ★★★★☆ (4/5)
Indo Farm Equipment IPO Forms
How to apply for the Indo Farm Equipment IPO?
You can apply for the Indo Farm Equipment IPO through the ASBA option available in your bank account. Simply log in to your online banking, navigate to the Invest section, and select the Indo Farm Equipment IPO to apply directly. Alternatively, you can apply using IPO forms downloaded online. Download the blank Indo Farm Equipment IPO forms, fill them out, and submit them at your bank or through your broker.
FAQs
When will the Indo Farm Equipment IPO Subscription Start?
The IPO subscription starts on December 31, 2024, for QIB, NII, and Retail Investors.
How to Subscribe to the IPO?
You can subscribe via ASBA or non-ASBA options. Log in to your bank account and apply for the IPO through ASBA, or download the IPO application form, fill it out, and submit it to your broker or bank.
How Can I Check Live Indo Farm Equipment IPO Subscription Numbers Today?
Visit our portal for live IPO subscription updates, which we refresh hourly from official sources. You can also check live subscription data on the official websites associated with the IPO.
How to Apply for the IPO through Zerodha?
- Log in to your Zerodha account (website or app).
- Go to Portfolio and select IPO.
- Select the IPO name and click on the Bid button.
- Enter your UPI ID, quantity, and price, then submit the application.
- Approve the mandate in your UPI app or Net Banking/BHIM App.
How to Apply for the IPO through Upstox?
- Log in to your Upstox account.
- Select the IPO name and click on Bid.
- Confirm your application and go to your UPI app or Net Banking/BHIM App to approve the mandate.
How to Apply for the IPO through Paytm Money?
- Log in to Paytm Money and select the IPO name.
- Click on the Bid button and confirm your application.
- Approve the mandate through your UPI app or Net Banking/BHIM App.
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