Farm Peace IPO Review 2026: Key Investor Insights
- September 1, 2026
- Posted by: Neeraj Pandey
- Category: IPO
Farm Peace IPO price Rs 59 per share. Opens 1 Sep, closes 3 Sep 2026. Issue size Rs 32 Cr. Lists 8 Sep on BSE SME.
Quick Answer
The Farm Peace IPO is a Rs 32 crore fixed price SME issue at Rs 59 per share, open for bidding from 1 to 3 September 2026. The Ahmedabad based company runs an integrated contract farming model for processed grade potato varieties across Gujarat, supplying processing companies that make French fries and chips. It is an entirely fresh issue, and shares are proposed to list on BSE SME around 8 September 2026, after a year of steady revenue and profit growth in FY26.
The Farm Peace IPO is open for bidding from 1 September 2026 to 3 September 2026. It is a fixed price issue of Rs 32 crore, comprising an entirely fresh issue of 54,24,000 equity shares. The issue will be listed on the SME platform of BSE, with a tentative listing date of 8 September 2026.
Incorporated in October 2021 and headquartered in Ahmedabad, Farm Peace is an integrated contract farming company specialising in processed grade potato varieties supplied to processing companies for French fries, chips and other potato based products. The company works with farmers in Gujarat under a 100 percent buy-back model.
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Farm Peace IPO Details
The Farm Peace IPO date is fixed between 1 September 2026 and 3 September 2026. The face value of Farm Peace shares is Rs 10 per share, and the issue is priced at a fixed price of Rs 59 per share. Bigshare Services Pvt. Ltd. is the registrar of the issue and is responsible for managing the allotment process and initiating refunds. Check the latest Farm Peace IPO details in the table below.
| Particular | Details |
|---|---|
| Allotment Date | 4 September 2026 |
| Open Date | 1 September 2026 |
| Close Date | 3 September 2026 |
| Refund Initiation | 7 September 2026 |
| Issue Size | 54,24,000 shares (agg. up to Rs 32 Cr) |
| Fresh Issue | 51,52,000 shares ex Market Maker (agg. up to Rs 30 Cr) |
| Offer for Sale | Nil |
| Face Value | Rs 10 per share |
| Lot Size | 2,000 Shares |
| Issue Price | Rs 59 per share (fixed price) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Listing Date | 8 September 2026 |
Farm Peace IPO Share Reservation
Farm Peace IPO comprises a total issue size of 54,24,000 shares. Of the net offer, 50 percent is reserved for non-institutional investors (NII/HNI) and 50 percent for retail individual investors, with a further 2,72,000 shares reserved on a firm basis for the market maker. The table below shows the share reservation.
| Investor Category | Shares Offered | Shares Percentage |
|---|---|---|
| NII (HNI) | 25,76,000 | 47.49% of total issue |
| Retail | 25,76,000 | 47.49% of total issue |
| Market Maker | 2,72,000 | 5.01% of total issue |
| Total | 54,24,000 | 100.00% |
Financial Health
Farm Peace reported total income of Rs 90.84 crore for the year ended 31 March 2026, up 14 percent from Rs 79.98 crore in the previous fiscal. Profit after tax rose 13 percent to Rs 7.53 crore in FY26 from Rs 6.66 crore in FY25, while EBITDA improved to Rs 12.48 crore from Rs 9.26 crore.
The company’s growth has been more measured than some peers, but its contract farming model with a 100 percent buy-back arrangement provides a degree of revenue visibility that is somewhat unusual for an agri-processing supplier of this size.
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Technical Analysis
| Key Indicators | Value |
|---|---|
| PE Ratio (Price to Earnings) | 11.87 |
| EPS (Earnings Per Share) | Rs 4.97 |
| RoNW | 17.32% |
| ROCE | 26.64% |
| ROE | 18.96% |
| EBITDA Margin | 13.74% |
| Price to Book Value | 2.06 |
| Market Capitalisation | Rs 121.42 Cr |
The pre-issue PE ratio of Farm Peace works out to around 11.87 times, which appears reasonable relative to several listed agri-processing peers. Return ratios are healthy, with ROCE at 26.64 percent for FY26, though borrowings rose sharply during the year.
Note: The data mentioned above is taken from the RHP/DRHP and reflects pre-issue financials. The valuation metrics of Farm Peace are subject to change once the issue is fully subscribed and shares are allotted. Refer to the table below for pre-issue and post-issue metrics.
| Indicators | Pre-IPO | Post-IPO |
|---|---|---|
| EPS (Rs) | 4.97 | 3.66 |
| PE Ratio (x) | 11.87 | 16.12 |
Farm Peace IPO Subscription Status
The Farm Peace IPO opened for bidding on 1 September 2026. As the issue is currently open, the category wise subscription status is yet to be announced. Stay informed on this page to check the live Farm Peace IPO subscription status once bidding data becomes available.
| Investor Categories | Shares Offered | Shares Percentage | Shares Subscribed | Subscription to the Times |
|---|---|---|---|---|
| NII (HNI) | 25,76,000 | 47.49% | Yet to be announced | Yet to be announced |
| Retail | 25,76,000 | 47.49% | Yet to be announced | Yet to be announced |
| Market Maker | 2,72,000 | 5.01% | Yet to be announced | Yet to be announced |
| Total | 54,24,000 | 100.00% | Yet to be announced | Yet to be announced |
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About Farm Peace Limited
Incorporated in October 2021, Farm Peace is an integrated contract farming company focused on processed grade potato varieties such as Santana, Frysona, Innovators, Lady Rosetta and Chipsona. These potatoes are supplied to processing companies for French fries, chips and other value added products.
Operating under the Farm Peace brand, the company works closely with farmers in the Sabarkantha, Aravalli, Mehsana and Banaskantha districts of Gujarat through a 100 percent buy-back model, providing certified seeds, agronomic support and modern farming techniques such as drip irrigation in return for a guaranteed purchase of the farmers’ produce. As of August 2026, the company cultivated over 5,660 acres and produced about 61,680 metric tonnes of potatoes annually.
Competitive Strengths: a contract farming model with 100 percent buy-back assurance, the agro-climatic advantage of Gujarat for processing grade potato cultivation, end-to-end farming support from planning to post-harvest handling, and cold storage backed logistics.
Farm Peace Limited Financials
Farm Peace Ltd. revenue increased by 14 percent and profit after tax rose by 13 percent between the year ended 31 March 2025 and 31 March 2026. See the table below for the company’s restated financials.
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 99.84 | 69.32 | 31.76 |
| Total Income | 90.84 | 79.98 | 62.75 |
| Profit After Tax | 7.53 | 6.66 | 6.16 |
| EBITDA | 12.48 | 9.26 | 9.27 |
| Net Worth | 43.48 | 35.95 | 9.04 |
| Reserves and Surplus | 28.32 | 32.16 | 6.52 |
| Total Borrowings | 11.28 | 2.46 | 7.12 |
Amount in Rs Crore
Total borrowings rose sharply to Rs 11.28 crore in FY26 from Rs 2.46 crore in FY25, which investors should note alongside the company’s asset growth to Rs 99.84 crore as it scaled up operations ahead of the IPO.
Farm Peace Limited IPO Promoter Holdings
Farm Peace is promoted by Sandipkumar Narsinhbhai Patel, Sudhir Haribhai Patel, Girishbhai Faljibhai Patel and Kulin Kiran Patel.
| Category | Pre-Issue | Post-Issue |
|---|---|---|
| Promoter and Promoter Group | 73.96% | 54.46% |
| Public | 26.04% | 45.54% |
Aim of the Farm Peace IPO
The primary aim of the Farm Peace IPO is to raise Rs 32 crore through the fresh issue. The company proposes to utilise the net proceeds towards the following objects.
- Funding incremental working capital requirements (Rs 23.00 Cr)
- General corporate purposes (Rs 4.80 Cr)
- Issue related expenses (Rs 4.20 Cr)
Should I Invest in the Farm Peace IPO?
Explore the pros and cons of Farm Peace below to understand the IPO’s potential to deliver returns before deciding whether to apply or avoid the issue.
Pros of Investing in Farm Peace
- Steady FY26 growth with revenue up 14 percent and profit after tax up 13 percent, alongside a healthy ROCE of 26.64 percent
- A 100 percent buy-back contract farming model with Gujarat farmers that de-risks raw material sourcing
- Backward integration through cold storage and temperature-controlled logistics that supports quality control for processing clients
Cons of Investing in Farm Peace
- Geographic concentration in Gujarat exposes the business to regional weather and crop related risks
- The issue is an entirely fixed price SME offer with limited market driven price discovery
- Total borrowings rose sharply in FY26, and the business remains working capital intensive
How to Apply for the Farm Peace IPO?
- Conduct thorough research on the Farm Peace IPO subscription status, issue size, lot size and other details.
- Open a demat account with Univest to access real time insights on subscription status, or use your existing demat account by navigating to the IPO section.
- Place a bid for a minimum of 2 lots of 4,000 shares, worth Rs 2,36,000 at the issue price, or in multiples of 2,000 shares thereafter.
- You will receive a mandate request after placing the bid. Approve the request on your UPI app to complete the application.
Note: You can apply for the Farm Peace IPO across multiple demat accounts to increase your chances of allotment.
How to Check Farm Peace Allotment Status?
You can check the Farm Peace IPO allotment status in different ways, including the BSE SME website and the registrar portal. Follow the steps below.
Check On BSE SME
- Visit the official BSE website.
- Navigate to the IPO allotment status section for the SME platform.
- Select SME as the issue type and choose Farm Peace IPO from the list.
- Choose whether to proceed with your PAN number or application number.
- Submit your details to view the allotment status online.
Check On the Registrar Portal
- Visit the official registrar portal of Bigshare Services Pvt. Ltd.
- Click on the IPO allotment status option.
- Fill in the required details such as PAN, application number or DPID/Client ID.
- Click submit to check your Farm Peace IPO allotment status.
Grey market premium (GMP) is an unofficial, unregulated indicator for the Farm Peace IPO that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
Let’s Wrap
The Farm Peace IPO is a Rs 32 crore fixed price SME issue at Rs 59 per share, with shares proposed to list on BSE SME around 8 September 2026. The company runs a differentiated contract farming model with a 100 percent buy-back arrangement and has posted steady FY26 growth, though its Gujarat concentration and rising borrowings are worth weighing. Investors should study the DRHP, subscription trends and their own risk appetite before applying, and consulting a financial advisor is recommended.
You can open a demat account with Univest to track the Farm Peace IPO and apply online once the issue opens for bidding.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Farm Peace
What is the Farm Peace IPO?
Ans. The Farm Peace IPO is an SME IPO of 54,24,000 equity shares of face value Rs 10 aggregating up to Rs 32 crore. The issue is priced at a fixed price of Rs 59 per share.
What is the price for this IPO?
Ans. The Farm Peace IPO issue price is fixed at Rs 59 per equity share.
When does the issue open and close?
Ans. The issue opens on 1 September 2026 and closes on 3 September 2026.
What is the lot size for this issue?
Ans. The lot size is 2,000 shares, with a minimum application of 2 lots (4,000 shares) worth Rs 2,36,000 at the issue price.
Who is the registrar for this offer?
Ans. Bigshare Services Pvt. Ltd. is the registrar and is responsible for the allotment process and refunds.
When is the Farm Peace IPO allotment and listing date?
Ans. The Farm Peace IPO allotment is expected to be finalised on 4 September 2026, and the shares are tentatively scheduled to list on BSE SME on 8 September 2026.
Is the Farm Peace IPO a good investment?
Ans. Farm Peace has posted steady FY26 revenue and profit growth with a healthy ROCE and a reasonable pre-issue PE of around 11.87 times, though it carries Gujarat-specific concentration risk as a small SME name. Investors should study the DRHP and assess their risk profile before applying.
How can I apply for this issue?
Ans. You can apply online using UPI or ASBA through your broker or bank, including via a Univest demat account, by bidding for a minimum of 2 lots of 4,000 shares.
