Indo Farm Equipment Limited IPO

Indo Farm Equipment Limited IPO

Indo Farm Equipment Limited is an Indian company specializing in the manufacturing of agricultural and industrial machinery. Founded in 1994 and headquartered in Himachal Pradesh, India, the company is well-known for producing a wide range of products such as tractors, cranes, engines, and harvesters. Here’s an overview of the company:

Key Information

  • Headquarters: Baddi, Himachal Pradesh, India.
  • Founded: 1994.
  • Sector: Manufacturing (Agriculture and Industrial Equipment).
  • Key Products:
    • Tractors: Ranging from 22 HP to 110 HP, catering to both domestic and international markets.
    • Cranes: Hydraulic mobile cranes with lifting capacities ranging from 9 tons to 30 tons.
    • Engines: Diesel engines designed for agricultural and industrial applications.
    • Harvesters: Combine harvesters for efficient crop harvesting.

Strengths and Achievements

  1. Quality and Reliability: Indo Farm is known for its robust and efficient machinery, tailored to meet the demands of Indian and global farmers.
  2. Export Market: The company exports its products to over 25 countries, including regions in Africa, the Middle East, and Asia.
  3. Integrated Manufacturing Facility: Indo Farm has a state-of-the-art manufacturing facility in Himachal Pradesh that ensures high-quality production standards.
  4. Affordable and Accessible: The company’s products are competitively priced, making them accessible to farmers and industries in developing regions.

Milestones

  • Started with the production of tractors and gradually diversified into other machinery segments.
  • Gained significant market share in India and expanded to international markets.

Corporate Vision

Indo Farm Equipment Limited aims to enhance agricultural productivity and industrial efficiency through innovative and affordable machinery. The company emphasizes sustainability, customer satisfaction, and quality in its operations.

Indo Farm Equipment Limited IPO Timetable

ParticularDate
IPO Open Date31 Dec 2024
IPO Close Date02 Jan 2025
Allotment Date03 Jan 2025
IPO Listing Date07 Jan 2025

Indo Farm Equipment Limited IPO Details

Issue TypeBook Built Issue IPO
Face ValueRs. 10 Per Equity Share
IPO PriceRs. 204 to Rs. 215 Per Equity Share
Market Lot69 Share
ISIN Code
Listing AtNSE & BSE
Issue SizeApprox. Rs. 260 Crore.

Indo Farm Equipment Limited IPO Lot Size

ApplicationLotsSharesAmount
Minimum169Rs. 14835
Maximum13897Rs. 192855
Small HNI (Minimum)14966Rs. 207690
Big HNI (Minimum)684692Rs. 1008780

Indo Farm Equipment Limited IPO Allotment Status

Click Here To Check IPO Allotment Status Indo Farm Equipment Limited IPO

Click Here To Get ASBA Forms Indo Farm Equipment Limited IPO

Company Financials:

Particular31 March 202431 March 202331 March 2022
Total Assets647.95622.84619.83
Total Revenue375.95371.82352.52
Profit After Tax15.6015.3713.72
For the year/period ended (₹ in crore)

Company Promoters:

Ranbir Singh Khadwalia and Sunita Saini are the promoters of the company.

Objects of this Issue:

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

Registrar & Company Details

Company Contact InformationIPO Registrar
Indo Farm Equipment Limited

SCO 859,
NAC Manimajra Kalka Road,
Chandigarh 160101
Phone: 0172-2730060
Email: compliance@indofarm.in
Website: https://www.indofarm.in/
Mas Services Limited




Phone: (011) 2610 4142
Email: ipo@masserv.com
Website: https://www.masserv.com/opt.asp

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