Exchanges
BSE, NSE
Issue
Book building

Indo Farm Equipment IPO

₹273.69

+27.30% on listing

Listing-day close · NSE · 7 Jan 2025 · issue price ₹215

Indo Farm Equipment’s ₹260 crore IPO was priced at ₹215 a share. It listed on the NSE on 7 Jan 2025 and closed its first day at ₹273.69, up 27.30% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹260 Cr
Fresh issue
₹185 Cr
Offer for sale
₹75.25 Cr
Lot size
69 shares
Minimum investment
₹14,835
Face value
₹10
Registrar
MAS Services

Subscription

Indo Farm Equipment IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—159.23×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹1,033 Cr
P/E (post-issue)
105.3
EPS (post-issue)
₹2.04
Price to book
2.5
ROE
5.13%
ROCE
8.96%
Debt to equity
0.85
PAT margin
4.16%
Promoter holding
93.45% → 69.44%

Financials as of 31 Mar 2024, from the offer documents.

Listing

Listing date
7 Jan 2025
Issue price
₹215
Open
₹256.00
High
₹287.00
Low
₹256.00
Close
₹273.69

Listing day on the NSE. The close was +27.30% on the issue price.

INDO FARM EQUIPMENT share price today

FAQs

When did the Indo Farm Equipment IPO open and close?

It opened on 31 Dec 2024 and closed on 2 Jan 2025.

What was the Indo Farm Equipment IPO price?

The price band was ₹204–215 a share. The final issue price was ₹215.

What is the lot size and minimum investment?

One lot is 69 shares, ₹14,835 at ₹215 a share. Retail investors apply in whole lots.

How much did Indo Farm Equipment raise?

₹260 crore: ₹185 crore of new shares and ₹75.25 crore offered by existing shareholders.

How many times was the Indo Farm Equipment IPO subscribed?

159.23 times overall.

How did Indo Farm Equipment list?

It listed on the NSE on 7 Jan 2025 at ₹256.00 and closed the day at ₹273.69, up 27.30% on the ₹215 issue price.

Who is the registrar of the Indo Farm Equipment IPO?

MAS Services handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

Full disclaimer

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