Indo Farm Equipment IPO
mainboardlistedAbout the company
Indo Farm Equipment, founded in 1994, manufactures tractors, cranes, and other farm equipment. With a strong domestic presence, the company generates 93% of sales from India and exports 7%. Its products cater to agriculture, infrastructure, and industrial sectors. In 2017, it launched Barota Finance for tractor financing. The company has ISO-certified facilities in Himachal Pradesh and a production capacity of 12,000 tractors and 1,280 cranes annually. It is launching an IPO worth ₹260.15 crore for expansion.
Strengths
Risks
Financial performance (₹ Cr)
Subscription breakup (final, times)
IPO Roadmap / Timeline
IPO Opens
Completed31 Dec 2024Bidding starts for all investor categories
IPO Closes
Completed02 Jan 2025Last day to place your bid
Basis of Allotment
Completed03 Jan 2025Share allotment finalised
Refund Initiation
Completed06 Jan 2025Refunds credited for non-allottees
Credit to Demat
Completed06 Jan 2025Allotted shares credited to demat account
Listing on Exchange
Completed07 Jan 2025Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail | 1 | 69 | ₹14,835 | 13 | ₹192,855 | ≤ ₹2,00,000 |
| sHNI (Small HNI) | 14 | 966 | ₹207,690 | 67 | ₹993,945 | ₹2L – ₹10L |
| bHNI (Big HNI) | 68 | 4692 | ₹1,008,780 | 73 | ₹1,082,955 | > ₹10L |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 6,205,251 | 130 | 0 | 0.00x | 100% |
| NII | 15% | 1,861,575 | 39 | 0 | 0.00x | 100% |
| Retail | 35% | 4,343,675 | 91 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).
