IndoFarm Equipment Limited is set to launch its public offering. The issue will open on * and it will close on . This is a Book Built Issue. Through this offering, the company aims to raise approximately ₹ crores from potential investors.
Table of Contents
ToggleThe public offering consists of a total issue of 14,000,000 equity shares, comprising a Fresh Issue of 10,500,000 equity shares and an Offer for Sale of 3,500,000 equity shares, amounting to ₹* crores. The face value of the shares is ₹10 per share, and the issue price is set at ₹* per share. Investors can bid for a minimum lot size of * shares.
IPO Key Highlights
Category | Detail | Information |
---|---|---|
Key Dates | IPO Open Date | * |
IPO Close Date | * | |
Pricing Information | Face Value | ₹10 per share |
Issue Price Range | * to * per share | |
Offer Structure | Total Issue Size | 14,000,000 shares (amounting up to ₹* Cr) |
Fresh Issue | 10,500,000 shares (amounting up to ₹* Cr) | |
Offer for Sale | 3,500,000 shares of ₹10 (amounting up to ₹* Cr) | |
Investor Details | Lot Size | * |
Listing Exchange | BSE, NSE | |
IPO Type | Book Built Issue |
Important Dates to Remember
Event | Date |
---|---|
IPO Opening Date | * |
IPO Closing Date | * |
Basis of Allotment | * |
Initiation of Refunds | * |
Credit of Shares to Demat | * |
Listing Date | * |
What is GMP of Indo Farm Equipment IPO Today?
As of December 18, 2024, the Grey Market Premium (GMP) for the Dam Capital Advisors IPO is ₹. This indicates that the shares are expected to list at approximately ₹*per share.
Note: GMP is an unofficial indicator and is based on market speculation; it does not guarantee actual listing performance.
Company Financial Standing
Particulars | FY 2023 (₹ Crores) | FY 2022 (₹ Crores) | FY 2021 (₹ Crores) |
---|---|---|---|
Assets | 622.84 | 619.83 | 551.38 |
Revenue | 371.82 | 352.61 | 268.59 |
Total Expense | 321.45 | 302.38 | 232.16 |
Profit After Tax | 15.56 | 13.72 | 8.49 |
Net Worth | 290.57 | 274.80 | 261.25 |
Company’s Key Performance Indicators
Key Performance Indicator | Value |
---|---|
Return on Capital Employed (ROCE) | 8.66% |
Return on Equity (ROE) | 5.36% |
Debt to Equity Ratio | 0.97 |
Return on Net Worth (RoNW) | 5.36% |
EBITDA Margin (%) | 15.79% |
After Tax Profit Margin (%) | 4.19% |
Net Asset Value (NAV) | ₹77.38 |
Earnings Per Share (EPS) | ₹4.14 (Basic) |
Price to Book Value (P/BV) | N/A |
Lot Size and Application Amount
Application | Lots | Shares | Amount (₹) |
---|---|---|---|
Retail Investor (Minimum Lot) | 1 | * | * |
Retail Investor (Maximum Lot) | 1 | * | * |
HNI Investor (Minimum Lot) | 2 | * | * |
Investor Category-Wise Reservation
Investor Category | Shares Offered |
---|---|
QIB Shares Offered | 50% of the Net Issue |
Retail Shares Offered | 35% of the Net Issue |
NII (HNI) Shares Offered | 15% of the Net Issue |
Net Cash Flow Generated
Activity | FY 2023 (₹ Crores) | FY 2022 (₹ Crores) | FY 2021 (₹ Crores) |
---|---|---|---|
Net Cash from Operating Activities | 301.75 | 99.76 | 12.15 |
Net Cash from Investing Activities | -83.74 | -259.61 | -156.26 |
Net Cash from Financing Activities | -219.91 | 164.02 | 152.40 |
Key Objectives of the Issue
The net proceeds from the issue will be utilized for the following purposes.
- To set up a new unit to increase the production capacity of Pick & Carry Cranes.
- To repay certain loans either fully or partially.
- To provide additional funds to Barota Finance Ltd. to strengthen its capital base.
- For General Corporate Purposes.
Ranbir Singh Khadwalia
Sunita Saini
Aryaman Financial Services Limited
Tel: +91 22 6216 6999
Email: ipo@afsl.co.in
Website: www.afsl.co.in
Indo Farm Equipment Limited
Registered Office: SCO 859, N.A.C, Manimajra, Kalka Road, Chandigarh 160101, India.
Email: compliance@indofarm.in
Telephone: +91 172 2730060
Website: www.indofarm.in
Commonly Asked Questions
- What are the opening and closing dates for the IndoFarm public offering?
The issue opens on *, and closes on *. - What is the issue price for the IndoFarm public issue?
The issue price is ₹* per equity share. - What is the lot size for retail investors in this offer?
Retail investors can bid for a minimum of * shares, amounting to ₹* (at the issue price). - Who is the lead manager for this public offering?
The lead manager is Aryaman Financial Services Limited. - Who is the registrar for the Indo Farm public issue?
The registrar is MAS Services Limited. - What are the main objectives of this offer?
The funds raised through this issue will be utilized to expand Pick & Carry Cranes manufacturing capacity, repay or prepay borrowings, and provide additional funds to Barota Finance Ltd. for future growth. - On which stock exchange will the shares be listed?
The shares of IndoFarm are proposed to be listed on BSE and NSE. - What is the total issue size for the IndoFarm public offering?
The total issue size is 14,000,000 equity shares. - When will the allotment and refund process begin?
The allotment date is *, and refunds will begin on *. - When will the shares be credited to the Demat account?
Shares will be credited to the Demat accounts on *. - What is the expected listing date for the offer?
The shares are expected to list on *.
It is always beneficial to read Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP) carefully to better understand its financials and growth opportunities before making a decision.
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Note: This article is based on the information received from the company’s official documents, including the Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP). For up-to-date information on the Grey Market Premium (GMP) for the Indo Farm Equipment IPO, you may please check our Current GMP, where we will post the latest figures as soon as they are available.
Disclaimer: This article is for educational purposes only. We do not offer any advice on buying or selling securities. Please consult your financial advisor before investing in an IPO or any other securities to make sure that it suits your financial plans and risk tolerance.
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