Indo Farm Equipment IPO
Historical offer record. This offer is closed for applications. Prices and subscriptions describe the past offer; GMP observations are unofficial past records, not current quotes or listing predictions.
Data provider: FinAPI. This is a third-party summary, not an official prospectus. Read our data limitations and editorial policy.
No GMP observations are available for this historical offer record. No premium or listing-gain estimate is shown.
Price band
₹204 – ₹215
Lot size
69 shares
Offer application amount
₹14,835
Issue size
₹260.15 Cr
Historical offer amount for 1 lot at the upper issue price. Confirm the lot size and application terms in the issuer prospectus.
Reported IPO schedule
| Open date | 31 Dec 2024 |
| Close date | 2 Jan 2025 |
| Allotment finalisation | 3 Jan 2025 |
| Refund initiation | 6 Jan 2025 |
| Shares credited to demat | 6 Jan 2025 |
| Reported listing date | 7 Jan 2025 |
Issue size
About Indo Farm Equipment
Indo Farm Equipment Limited was established in 1994 and was involved in producing tractors, pick-and-carry cranes, and various types of machinery used for harvesting crops. It has two main brands: Indo Farm and Indo Power. They also sell their products, such as tractors and cranes, in countries like Nepal, Syria, Sudan, Bangladesh, and Myanmar. They produce tractors ranging from 16 HP to 110 HP and pick & carry cranes from 9 to 30 tons. They have a factory in Baddi, Himachal Pradesh, that covers 127,840 square meters and has a foundry, machine shop, and assembly units. Moreover, it can produce 12,000 tractors and 720 cranes each year. They have built a reputation as a skilled manufacturer and also plan to expand operations and take business to the next level. Further, it also has unique strategies like experienced and qualified management, in-house NBFC setup, and a wide range of products manufactured.
Company summary supplied by FinAPI. Read the prospectus for the issuer's disclosures and audited financials.
Offer documents and primary references
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