Indo Farm Equipment Limited IPO

BSE, NSEClosed

Check Allotment

Dec 31, 2024Open Date

Jan 2, 2025Close Date

TBAAllotment Date

Jan 7, 2025Listing Date

Subscription Details

View Subscription Details

QIB242.40x

Retail101.64x

NIIs (Non-Institutional Investors)Main Category

501.65x

↳ NII Sub-Categories

sHNI (< ₹10L)

Bids ₹2L to ₹10L

408.67x

bHNI (> ₹10L)

Bids above ₹10L

548.13x

Overall Subscription

Total Bids Received

227.57x

Updated: 10 Jul, 06:09 pm

Indo Farm Equipment Limited IPO Issue Details

Issue Price₹204-215 Per Equity Share

Face Value₹10 Per Equity Share

Fresh Share86,00,000 shares(aggregating up to ₹184.9 crore)

Listing AtBSE, NSE

Listing DateJan 7, 2025

RegistrarMas Services Limited

Reservation Details

Category	Shares Offered	%
NII	18,15,000	15%
QIB	24,20,000	20%
Anchor	36,30,000	30%

Valuations

EPS (Pre-IPO)

3.95

EPS (Post-IPO)

2.04

P/E (Pre-IPO)

54.39

P/E (Post-IPO)

105.25

RoNW

4.92%

PAT Margin

4.16%

P/B Value

2.55

Financial Information (₹ in Crores)

Metric	FY 24	FY 23	FY 22
Total Assets	647.95	622.84	619.83
Total Revenue	375.95	371.82	352.61
Profit After Tax	15.6	15.37	13.72
Net Worth	317.06	290.37	274.8

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

1Setting up new Dedicated Unit for Expansion of their Pick & Carry Cranes Manufacturing Capacity
2Repayment or pre-payment, in full or part, of certain borrowings availed by the Company
3Further Investment in NBFC Subsidiary (Barota Finance Ltd.) for financing the augmentation of its capital base to meet its future capital requirements.
4General Corporate Purposes