The Indo Farm Equipment IPO





The Indo Farm Equipment is a major manufacturer of world-class tractors,pick-and-carry cranes, and advanced farm equipment, which also includes theharvester combines, rotavators, and related parts.

Products of the company are marketed under the brand names of Indo Farmand Indo Power catering to the home market besides international markets.Indo has an exporting network that touches base with the countries of Nepal,Syria, Sudan, Bangladesh, Kenya, Germany, UAE, among others.

Indo Farm has a world-class manufacturing facility covering 127,840 sq. mtrs.at Baddi, Himachal Pradesh. As of August 31, 2023, this facility has an annualproduction of 12,000 tractors (16 HP-110 HP) and 720 pick-and-carry cranes,9 tons to 30 tons.

Indo Farm Equipment is the epitome of quality and innovation leading toagricultural and industrial growth everywhere in the world.


IPO Details
 
Issue Size:- Total Rs 260.15 Cr:
Issue Price:- 204-215 per equity share
Face Value:- R10 Per Equity Share

Market Lot 
Retail : 69 Shares (R14,835/-)
S-HNI : 966 Shares (R2,07,690/-)
B-HNI : 4,692 Shares (R10,08,780/-)

Listing at Group(s)BSE, NSE

#Fresh lssue : 86,00,000 shares(aggregating up to 184.90 Cr) +#OFS:35,00,000 shares of 10(aggregating up to 75.25 Cr)


Retail Portion 35% (Number of Retail Applications: 61,377 Approx),(Number of S-HNI Applications :626 Approx),(Number of B-HNI Applications : 1,253 Approx)


Open:-  31Dec 
Close :- 2nd Jan 
Allotment:- 3rd Jan
Listing:- 7th Jan


Expected Listing Earning :- 
Exp Premium:- 70-75 (33% )Per Share .

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