35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

Indo Farm Equipment Limited IPO (Indo Farm Equipment IPO) Details

Indo Farm Equipment Limited is an Engineering based company, located in Chandigarh, Indo Farm Equipment Limited IPO size was 260.15 Cr. and was issued at 215.00 per share. The share of Indo Farm Equipment Limited were listed at 256.00 per share and are currently trading at 191.85 per share.

Type :
Sub Sector : Manufacturing Tractors, Pick & Carry Cranes, And Other Harvesting Equipment
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
302.16 Cr.

PAT :
9.80 Cr.

Pricing Report

Issue Price :
215.00

Listing Price :
256.00

Current Market Price :
191.85

Issue Price vs CMP :
23.15 (10.77%)

listing Price vs CMP :
64.15 (25.06%)

Performance Report (CAGR* wise)

CAGR : -60.31
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Indo Farm Equipment

Company Information
Incorporated in 1994, Indo Farm Equipment Limited is a more than two decade old fully integrated established manufacturer of Tractors and Pick & Carry Cranes. They also deal in other farm equipment such as Harvester Combines, Rotavators and other related spares & components, which do not materially contribute to total revenue of their Company
Their products are being exported to various countries. The total sales for last three financial years include around 93% domestic sales and around 7% export sales. Their facilities are spread across 127,840 sq. mtrs. of Industrial lands at Baddi, Himachal Pradesh which includes a captive foundry unit
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Object of Issue
  • Setting up new Dedicated Unit for Expansion of our Pick & Carry Cranes Manufacturing Capacity
  • Repayment or pre-payment, in full or part, of certain borrowings
  • Further Investment in their NBFC Subsidiary (Barota Finance Ltd.) for financing the augmentation of its capital base to meet its future capital requirements.
  • General Corporate Purposes

Indo Farm Equipment MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Jan, 2025
IPO Size :
260.15 Cr.
Market Cap :
1033.11 Cr.   
IPO Subscription :
227.67 X     
PE Multiple :
105.25
IPO Registrar:
MAS services Limited
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Peer Companies Of This Sector

FAQs

Indo Farm Equipment operates in Engineering and Manufacturing Tractors, Pick & Carry Cranes, And Other Harvesting Equipment. The Issue is listed on MainBoard in Jan, 2025. Indo Farm Equipment IPO size was 260.15 Cr. with Issue price of 215.00 .

Merchant Banker(s) of Indo Farm Equipment IPO: Aryaman Financial Services Limited

Indo Farm Equipment IPO subscription was 227.67 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Indo Farm Equipment IPO listed at a listing price of 256.00 against the offer price of 215.00.

The current market price of Indo Farm Equipment is 191.85.

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