Indo Farm Equipment IPO

LISTED

Indo Farm Equipment Ltd · Mainboard IPO · BSE · Automobile

Price Band

₹204 – ₹215

Issue Size

₹260 Cr

Lot Size

69

Subscription

7.00x

Listing Gain

-0.93%

About Indo Farm Equipment Ltd & Business Model

Indo Farm Equipment Ltd manufactures tractors, pick-and-carry cranes and other farm equipment. It sells under the Indo Farm brand across India and exports to 15+ countries.

Business Operations & Revenue Model

Indo Farm Equipment Ltd operates a scalable business model focused on value creation within Automobile. Revenue is generated through primary product sales, long-term service contracts, B2B distribution networks, and key institutional partnerships. The business leverages automated manufacturing facilities, strict quality control systems, and strategic sourcing to maintain competitive margins and reliable service delivery.

Products & Key Services

1. Core Product & Service Offerings: Comprehensive product lines engineered for Automobile standards. 2. Customized Solutions: Bespoke product configurations designed to meet specific B2B and institutional client specifications. 3. After-Market & Value-Added Services: Dedicated maintenance, technical support, and supply chain fulfillment services.

Promoters & Corporate Leadership

Indo Farm Equipment Ltd is led by experienced promoters with extensive industry track records and strategic governance capabilities. The leadership team brings multi-decade experience across operations, commercial strategy, corporate administration, and fiscal management.

Objects of the Issue (IPO Objectives)

The company proposes to utilize ₹184.00 Cr for the following primary objectives: 1. Funding capital expenditure requirements for expanding operational infrastructure and technology upgrades. 2. Meeting working capital requirements to support continuous business expansion. 3. Prepayment or repayment of certain outstanding borrowings to optimize capital structure. 4. General corporate purposes and strategic growth initiatives.

IPO Details & Terms

IPO TypeMAINBOARD · BOOK BUILDING
Price Band₹204 – ₹215
Face Value₹10
Issue Size₹260.00 Cr
Fresh Issue₹184.00 Cr
Offer for Sale₹76.00 Cr
Lot Size69
Min. Investment₹14,835
Max Retail LotsN/A
ExchangeBSE
NSE SymbolINDOFARM
BSE CodeN/A
ISINN/A
QIB Quota50%
NII Quota15%
Retail Quota35%
RegistrarBigshare Services Pvt Ltd

Strengths & Risks

✅ Strengths

  • Established market presence and strong brand recognition in Automobile.
  • Integrated operational capabilities with focus on quality assurance and efficiency.
  • Diversified customer base reducing revenue concentration risk.
  • Experienced promoter and management team with strong domain expertise.
  • Scalable operational architecture positioned for future expansion.

⚠️ Risks

  • Fluctuations in key raw material availability and pricing could impact gross operating margins.
  • Dependency on third-party logistics and supply chain partners for timely distribution.
  • Intense market competition from both domestic established players and new entrants in Automobile.
  • Regulatory changes or macroeconomic shifts affecting industry demand cycles.
  • Working capital intensive business operations requiring consistent cash flow management.

🚀 Opportunities

  • Expansion into high-growth regional and export markets.
  • Introduction of innovative product lines targeting evolving customer preferences in Automobile.
  • Operational efficiency improvements through increased automation and digital integration.

Frequently Asked Questions

What is Indo Farm Equipment IPO?

Indo Farm Equipment IPO is an IPO by Indo Farm Equipment Ltd (Automobile sector). The issue price is ₹204 – ₹215 with a lot size of 69 shares.

What is the minimum investment for Indo Farm Equipment IPO?

The minimum investment for Indo Farm Equipment IPO is approximately ₹14,835 (1 lot of 69 shares at ₹215 upper price band).

When is the Indo Farm Equipment IPO allotment?

The allotment date for Indo Farm Equipment IPO is 06 Jan 2025.

When does Indo Farm Equipment IPO list?

Indo Farm Equipment IPO is scheduled to list on 07 Jan 2025.

Key Dates

DRHP DateN/A
RHP DateN/A
Open Date31 Dec 2024
Close Date02 Jan 2025
Allotment06 Jan 2025
RefundN/A
Demat CreditN/A
Listing Date07 Jan 2025

IPO Rating

4.0
Overall Rating out of 5
Business
4.2/5
Financials
3.9/5
Valuation
3.8/5
Growth
4.1/5
Risk
3.5/5

Check Allotment Status

Verify your allotment on the official registrar website. Never share OTP or passwords.

Check on Bigshare Services Pvt Ltd

GMP (Grey Market Premium) is an unofficial, unregulated indicator. It does not guarantee the listing price. All IPO information is for educational purposes only. Verify from official SEBI/NSE/BSE sources.