Indo Farm Equipment Ltd. IPO

Q: What is the size of Indo Farm Equipment Ltd. IPO?

The size of the Indo Farm Equipment Ltd. IPO is &#8377;260.15 Cr.

Q: What is the price range of Indo Farm Equipment Ltd. IPO?

The price range of Indo Farm Equipment Ltd. IPO is at &#8377;204 to &#8377;215 per share.

Q: What is the minimum investment and lot size required for the Indo Farm Equipment Ltd. IPO?

The minimum investment required is &#8377;14,835 and minimum lot size is 69 shares.

Indo Farm Equipment Ltd., established in 1994, operates in the Auto - Tractors sector. The company's IPO opened on December 31, 2024 and closed on January 2, 2025, with an issue price of ₹215. The ... Read more

Min Investment

₹ 14,835 / 69 shares

Price Range

₹204 - ₹ 215

Bidding Dates

31 Dec '24 - 2 Jan '25

Total Issue Value

260.15 Cr

Lot Size

Total Issue Size

260.15 Cr

Listing At

BSE, NSE

IPO Timeline

31 Dec 2024

Bidding Starts
2 Jan 2025

Bidding Ends
3 Jan 2025

Allotment Finalization
7 Jan 2025

Listing

About Indo Farm Equipment Ltd.

Our Company, Indo Farm Equipment Limited is a more than two decade old fully integrated established manufacturer of Tractors & Pick & Carry Cranes, with ancillary manufacturing of other farm equipments such as Harvester Combines, Rotavators and other related spares and components, which ... Read more

Parent organisation

Founded

Indo Farm Equipment Ltd.

1994

Indo Farm Equipment Ltd. IPO Reservation

Investors Category	Shares Offered
Anchor Investors	36,30,000 (30%)
Non Institutional Investors	18,15,000 (15%)
Qualified Institutional Buyers (QIBs)	24,20,000 (20%)
Retail Individual Investors (RIIs)	42,35,000 (35%)

Indo Farm Equipment Ltd. Financial Information

Year End	Revenue	PAT	Reserves & Surplus
31 Mar 2024	353.47 Cr	13.54 Cr	264.53 Cr
31 Mar 2023	347.92 Cr	12.17 Cr	258.67 Cr
31 Mar 2022	331.12 Cr	9.58 Cr	246.30 Cr

Indo Farm Equipment Ltd. Background

Major Events And Milestones

2000

Commencement of tractor production in Baddi, Himachal Pradesh with technical collaboration from Ursus, Poland.
2001

Launched Indo farm’s first tractor model 2050 DI.
2005

Launched 3-series tractor range 3065DI, 3050DI, 3040DI and 3035DI.
2006

Began exporting engine parts to Ursus, Poland.
2007

Commenced production of our own Foundry division.
2008

Exported generator engines to UK company, Lister Pitter. Accredited with an ISO 9001:2008 certified Company.
2009

Commencement of production of Indo Power Green Gensets
2010

Started Production of harvester combines and also launched 75HP and 90 HP tractors.
2011

Initiated production of new generation crane model 16FN
2014

Launched Indo Power Pick and Carry cranes with the capacity of 18 tons and 23 tons.
2015

Initiated production of 26 HP 4x4 orchard tractors
2017

Launched our own subsidiary, Barota Finance Limited NBFC, for providing hassle-free andquick finance to our esteemed customers.
2019

Launched Indo power 30 FN crane.
2020

Launch of Indo farm 20HP and 100HP tractor.
2021

Launched 1026e tractor model for European market.
2022

Launch of Indo 3055 DI HT and 3060.DI HT tractor.
2023

Launch of Indo farm 3055 NV PLUS, 3065DI, 3075DI IN BS-IV and Indo Power pick and carry cranes of FN series (15, 18, 20, 23 and 30 tonne capacity in 2-wheel drive and 4 wheel drive variants) in BS-IV.

Indo Farm Equipment Ltd. Object of Issues

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

Indo Farm Equipment Ltd. IPO Listing Details

Listing Date

7 Jan 2025

BSE Script Code

INDOFARM

NSE Symbol

INDOFARM

ISIN

INE622H01018

Final Issue Price

₹ 215

Indo Farm Equipment Ltd. Company Promoters

1. Ranbir Singh Khadwalia
2. Sunita Saini

Industry Overview

The global tractor market is projected to grow from USD 84.80 billion in 2024 to USD 114.5 billion by 2029, at a CAGR of 5.90% during the forecast period. Tractor has been one of the most essential machineries in mechanising the agriculture activities globally.

Globally the mobile crane ... Read more

Indo Farm Equipment Ltd. Contact Details

Address: SCO 859, N.A.C Manimajra, Kalka Road, Chandigarh Chandigarh - 160101
Phone no:2730060

Visit Website

Indo Farm Equipment Ltd. IPO Registrar

MAS Services Ltd.

T-34, 2nd Floor, Okhla Industrial Area Phase II, New Delhi Delhi - 110020

26387281,26387282, 26387283

Indo Farm Equipment Ltd. IPO Lead Manager(s)

ARYAMAN FINANCIAL SERVICES LIMITED

No. 60, Khatau Building, Ground Floor, Alkesh Dinesh Modi Marg, Fort, Mumbai Maharashtra - 400001

62166999

FAQs

When does Indo Farm Equipment Ltd. IPO opens and closes?

Indo Farm Equipment Ltd. IPO opens from 31st December to 2nd January 2025.

What is the size of Indo Farm Equipment Ltd. IPO?

The size of the Indo Farm Equipment Ltd. IPO is ₹260.15 Cr.

What is the price range of Indo Farm Equipment Ltd. IPO?

The price range of Indo Farm Equipment Ltd. IPO is at ₹204 to ₹215 per share.

What is the minimum investment and lot size required for the Indo Farm Equipment Ltd. IPO?

The minimum investment required is ₹14,835 and minimum lot size is 69 shares.

When is Indo Farm Equipment Ltd. IPO listing date?

The Indo Farm Equipment Ltd. IPO will be listed on 7th January 2025.

What is the objective of Indo Farm Equipment Ltd. IPO?

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