Home Mainboard IPO Indo Farm Equipment IPO 2024 Price, GMP & Allotment – A Detailed Report
Mainboard IPO

Indo Farm Equipment IPO 2024 Price, GMP & Allotment – A Detailed Report

Share
Indo Farm Equipment IPO 2024 - Detailed Analysis on Price, GMP, and Allotment
Share

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.

The 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.

  1. To set up a new unit to increase the production capacity of Pick & Carry Cranes.
  2. To repay certain loans either fully or partially.
  3. To provide additional funds to Barota Finance Ltd. to strengthen its capital base.
  4. For General Corporate Purposes.
 
Promoters of the Company

Ranbir Singh Khadwalia

Sunita Saini

Lead Manager to the Issue

Aryaman Financial Services Limited

Tel: +91 22 6216 6999

Email: ipo@afsl.co.in

Website: www.afsl.co.in

Registrar to the Issue

MAS Services Limited

Email: ipo@masserv.com

Telephone: +91 11 2638 7281-83

Website: www.masserv.com

Company Contact Details

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

  1. What are the opening and closing dates for the IndoFarm public offering?
    The issue opens on *, and closes on *.
  2. What is the issue price for the IndoFarm public issue?
    The issue price is ₹* per equity share.
  3. 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).
  4. Who is the lead manager for this public offering?
    The lead manager is Aryaman Financial Services Limited.
  5. Who is the registrar for the Indo Farm public issue?
    The registrar is MAS Services Limited.
  6. 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.
  7. On which stock exchange will the shares be listed?
    The shares of IndoFarm are proposed to be listed on BSE and NSE.
  8. What is the total issue size for the IndoFarm public offering?
    The total issue size is 14,000,000 equity shares.
  9. When will the allotment and refund process begin?
    The allotment date is *, and refunds will begin on *.
  10. When will the shares be credited to the Demat account?
    Shares will be credited to the Demat accounts on *.
  11. 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.

Looking for more IPO reviews? Check out our IPO Dashboard for recent posts on other Main-board IPO & SME IPOs for the latest market updates.

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.

Don’t miss out on the latest IPOs – Click here to Find Upcoming IPOs.

“Invest Smarter, Faster – Click Here to Open Your Free Demat Account Today!”

“If this article was useful to you, feel free to share it with others who might find it helpful. Your feedback is important, so drop your questions or thoughts in the comments—we’d love to hear from you!”

Looking for the latest updates on upcoming IPOs? Explore detailed insights, expert reviews, and key information on these trending IPOs:

Dhanlaxmi Crop Science IPO 2024 Price, GMP & Allotment- A Comprehensive Report

Toss The Coin Limited IPO 2024 Price, GMP & Allotment- A Complete Report

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
Carraro India Ltd IPO 2024 - Key Insights on IPO Price, GMP, and Allotment
Mainboard IPO

Carraro India Ltd IPO 2024 Price, GMP & Allotment – A Comprehensive Report

Carraro India Limited is set to launch its IPO. The IPO will...

Senores Pharmaceuticals Ltd IPO 2024 - Detailed Analysis on Price, GMP, and Allotment
Mainboard IPO

Senores Pharmaceuticals Ltd IPO 2024 Price, GMP & Allotment – An Exclusive Report

Senores Pharmaceuticals Limited is set to launch its IPO. The IPO will...

Unimech Aerospace and Manufacturing IPO 2024 - Comprehensive Review on Price, GMP, and Allotment
Mainboard IPO

Unimech Aerospace and Manufacturing IPO 2024 Price, GMP & Allotment – A Detailed Report

Unimech Aerospace and Manufacturing Limited is set to launch its public offering....

Concord Enviro Systems IPO 2024 - Detailed Analysis on Price, GMP, and Allotment
Mainboard IPO

Concord Enviro System IPO 2024 Price, GMP & Allotment – An Exclusive Report

Concord Enviro Systems Limited is set to launch its public offering. The...

Index