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
- Quality and Reliability: Indo Farm is known for its robust and efficient machinery, tailored to meet the demands of Indian and global farmers.
- Export Market: The company exports its products to over 25 countries, including regions in Africa, the Middle East, and Asia.
- Integrated Manufacturing Facility: Indo Farm has a state-of-the-art manufacturing facility in Himachal Pradesh that ensures high-quality production standards.
- 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
Particular | Date |
IPO Open Date | 31 Dec 2024 |
IPO Close Date | 02 Jan 2025 |
Allotment Date | 03 Jan 2025 |
IPO Listing Date | 07 Jan 2025 |
Indo Farm Equipment Limited IPO Details
Issue Type | Book Built Issue IPO |
Face Value | Rs. 10 Per Equity Share |
IPO Price | Rs. 204 to Rs. 215 Per Equity Share |
Market Lot | 69 Share |
ISIN Code | |
Listing At | NSE & BSE |
Issue Size | Approx. Rs. 260 Crore. |
Indo Farm Equipment Limited IPO Lot Size
Application | Lots | Shares | Amount |
Minimum | 1 | 69 | Rs. 14835 |
Maximum | 13 | 897 | Rs. 192855 |
Small HNI (Minimum) | 14 | 966 | Rs. 207690 |
Big HNI (Minimum) | 68 | 4692 | Rs. 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:
Particular | 31 March 2024 | 31 March 2023 | 31 March 2022 |
Total Assets | 647.95 | 622.84 | 619.83 |
Total Revenue | 375.95 | 371.82 | 352.52 |
Profit After Tax | 15.60 | 15.37 | 13.72 |
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 Information | IPO 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 |