Indo Farm Equipment Share Listing: What Investors Need to Know?
Posted by : sachet | Mon Jan 06 2025
Indo Farm Equipment share is set to make its stock market debut on 7th January 2025. The investors awaiting the Indo Farm share price will finally get relief. Moreover, this listing would be a promising opportunity for some investors who have several shares allotted. Scroll down through the article to have a detailed understanding of this IPO and real-time updates on its GMP, subscription status, and listing.
Indo Farm Equipment Share Listing
The wait is now over! Indo Farm Equipment listing has been set for tomorrow, 7th January 2025. The Indo Farm share debut will be on the NSE (National Stock Exchange) and BSE (Bombay Stock Exchange). The IPO opened on 31st December 2024 and was fully subscribed on the first day by receiving 17.87 times the total subscription amount. Investors/allottees are desperately looking for a healthy listing of Indo Farm Equipment share price. We must look over IPO details, GMP, subscription status, and market trends to predict the listing gains. Scroll down to learn more.
Overview of Indo Farm Equipment IPO
Indo Farm Equipment IPO was opened on 31st December 2024 to raise Rs 260.15 crores through a book-built issue. It includes 86,00,000 shares under a fresh issue of Rs 184.90 crores and 35,00,000 shares under offer for sale of Rs 75.25 crore. The allotment for shares was made on 3rd January 2025.
Indo Farm Equipment IPO Details
Let’s explore the key details of Indo Farm Equipment IPO.
| IPO Open Date | 31st December 2024 |
| IPO Close Date | 2nd January 2025 |
| Issue Type | Book Built Issue |
| Issue Size | 1,21,00,000 shares (Worth Rs 260.15 crore) |
| Price Band | Rs 204 to Rs 215 |
| Lot Size | 69 shares |
| Face Value | Rs 10 per share |
| Refund Initiation Date | 6th January 2025 |
| IPO Listing Date | 7th January 2025 |
| Listing On | BSE & NSE |
Indo Farm Equipment IPO Subscription Status
As of 2nd January 2025, Indo Farm Equipment IPO was subscribed 227.67 times, which is a very huge number. The subscription status indicates the IPO’s success and predicts an effective Indo Farm share debut. Refer to the table below for category-wise subscription status for this issue.
| Categories | Shares Offered | Subscription Received |
| Retail Investors | 42,35,000 | 101.79 |
| NII (sNII+bNII) | 18,15,000 | 501.75 |
| QIB | 24,20,000 | 242.40 |
| Anchor Investors | 36,30,000 | 1.00 |
| Total | 1,21,00,000 | 227.67 |
*Note: NII (Non-Institutional Investors), sNII (Small Non-Institutional Investors), bNII (Big Non-Institutional Investors), QIB (Qualified Institutional Buyers).
Indo Farm Equipment IPO GMP
Indo Farm Equipment IPO GMP stands at Rs 90, which means the listing price could be Rs 305. Indo Farm Equipment share is to deliver around 41.86% of listing gain tomorrow on 7th January 2025. However, listing gain may be subject to change as per market trends. You must consider live GMP details to predict the listing price of the share.
Indo Farm Equipment share was trading with the lowest GMP of Rs 21 on 24th December 2024 and marked its highest GMP of Rs 99 on 3rd January 2025. You might have a positive outlook for Indo Farm Equipment share listing, and GMP trends are also indicating similar.
| Date | GMP (in Rs) | Estimated Listing Price (in Rs) | Estimated Listing Gain (in %) |
| 05-01-2025 | 90 | 305 | 41.86% |
| 04-01-2025 | 96 | 311 | 44.65% |
| 03-01-2025 | 99 | 314 | 46.05% |
| 02-01-2025 | 96 | 311 | 44.65% |
| 01-01-2025 | 90 | 305 | 41.86% |
| 31-12-2024 | 95 | 310 | 44.19% |
| 30-12-2024 | 80 | 295 | 37.21% |
| 29-12-2024 | 80 | 295 | 37.21% |
| 28-12-2024 | 80 | 295 | 37.21% |
| 27-12-2024 | 85 | 300 | 39.53% |
| 26-12-2024 | 85 | 300 | 39.53% |
| 25-12-2024 | 55 | 270 | 25.58% |
| 24-12-2024 | 21 | 236 | 9.77% |
*GMP stands for Grey Market Premium.
Indo Farm Share Price: Expectations for Listing Day
Indo Farm Equipment share is set to be listed tomorrow, 7th January 2025. We’ve discussed the current GMP (Grey Market Premium) and subscription status of Indo Farm Equipment IPO. The issue was subscribed 227.67 times as of the closing day, i.e., 2nd January 2025. A higher subscription rate indicates a strong listing gain from this share.
Moreover, the Indo Farm Equipment IPO GMP was last estimated as Rs 90 which is likely to provide 41.86% listing gains to the investors. Moreover, Indo Farm share listing price is estimated to be Rs 305, for which the price band was prescribed as Rs 204 to Rs 215. We can expect a healthy listing of Indo Farm Equipment shares.
Indo Farm Share: What Should Be Your Next Step?
Indo Farm share debut could be the point to consider. Investors need to prepare their next strategy for profit booking or generating higher returns. Everyone should follow two different steps on the listing day of an IPO. Investors should:
- Frame a long-term strategy.
- Consult financial advisory.
- Book profit on listing day.
- Monitor listing day performance of stock.
Indo Farm Equipment Limited: Financial Details
Financial parameters like revenue, profits, and net worth of Indo Farm Equipment Limited have shown consistent YoY growth over the past decade. Moreover, the downfall of borrowings by Rs 25 crore indicates strong growth momentum in Indo Farm Equipment share. For more info on Indo Farm Equipment financials, refer to the table provided below.
| Year Ended | 30th June 2024 (in cr.) | 31st March 2024 (in cr.) | 31st March 2023 (in cr.) | 31st March 2022 (in cr.) |
| Assets | 644.27 | 647.95 | 622.84 | 619.83 |
| Debt | 245.36 | 270.54 | 280.65 | 275.00 |
| Revenue | 75.54 | 375.59 | 371.82 | 352.52 |
| Net Worth | 342.25 | 317.06 | 290.37 | 274.80 |
| Profit (After Tax) | 2.45 | 15.60 | 15.37 | 13.72 |
*Data is updated as of 6th January 2025.
Technicals for Indo Farm Equipment Limited
| KPIs | Values |
| PE Ratio (Price-to-Earnings) | 62.20 |
| ROE (Return on Equity) | 5.47% |
| RoNW | 4.92% |
| PAT Margin (Profit After Tax) | 4.16 |
| RoCE | 9.22 |
| Debt/Equity | 0.01 |
| PB Ratio (Price-to-Book) | 2.55 |
| Market Capitalisation | Rs 1033.11 cr. |
Indo Farm Equipment PE ratio stood at 62.20, and the company has delivered an effective ROE (return on equity), which was estimated at 5.47%. Strong technicals made investors’ outlook positive towards the performance of Indo Farm Equipment share.
Indo Farm Equipment IPO Peer Comparison
| Companies | PE Ratio | Face Value (in Rs) | ROCE (in %) | Market Capitalisation (in cr.) | PAT Margin (in %) | ROE (in %) |
| Indo Farm Equipment Ltd. | 62.20 | 10 | 8.96 | 1033.11 | 4.16 | 5.47 |
| VST Tillers Tractors Ltd. | 36.90 | 10 | 17.60 | 4,400 | 14.48 | 13.50 |
| Action Construction Equipment Ltd. | 49.66 | 2 | 42.3 | 18,150 | 11.25 | 30.60 |
| Escorts Kubota Ltd. | 31.63 | 10 | 16.10 | 37,080 | 11.81 | 12.0 |
Risks Associated With Indo Farm Equipment IPO
Indo Farm Equipment IPO is moving towards a healthy listing procedure. However, it also carries multiple risks that might be the impacting factors. Explore the risks below to frame a strategic path for generating the highest returns from Indo Farm Equipment share. Refer to the points below to assess the risks associated with the Indo Farm Equipment IPO.
- Regulatory Risks
We are all aware of dynamic policies of the government that have a significant impact on the business environment. Likewise, government schemes, subsidies, and agricultural reforms are sensitive to Indo Farm Equipment share and may impact its prices in the coming years. Unfavourable government schemes or policies might impact the demand for products of Indo Farm which may impact its financials.
- High Debt Levels
No doubt Indo Farm Equipment Limited has repaid Rs 25 crore of its total borrowings but the company’s debt is still high if compared to its market presence. It is essential to keep this organisation’s higher debt in mind before investing in Indo Farm Equipment share. High debt might incur huge interest payments for Indo Farm, which will result in decreasing profit margins.
- Volatile Financial Performance
Numerous factors available in the market that may alter the financial position of Indo Farm Equipment Limited. These include dynamic market trends, fluctuations in demand, government reforms, agricultural machinery, economic downturns, and more. These factors might cause inconsistent profitability for Indo Farm Equipment Limited, ultimately impacting stock prices in the coming years.
- Lack of Liquidity Post-IPO
Indo Farm Equipment share might face the issue of low liquidity at the initial stage of its listing period. It would make it complex for investors to convert their holdings into real money without affecting stock prices.
How to Buy Indo Farm Shares on Listing?
Here is how you can invest in Indo Farm Equipment share on listing day.
- Open a demat account with a registered stockbroker.
- Monitor listing date, GMP, and opening price of Indo Farm Equipment share.
- Place a buy order through your demat account.
- Monitor the listing gains/losses and track the stock movement.
- Check the post-listing information.
- Execute your order and invest securely.
Note: You can consult your financial advisor or Univest to learn the future trends for Indo Farm Equipment share price, which will help you avoid significant capital losses. Try using the Univest iOS app or the Univest Android app now!
Let’s Wrap
Ahead of the listing, the Indo Farm Equipment IPO is creating quite a buzz owing to its fabulous subscription numbers and encouraging Grey Market Premium (GMP) trends. The IPO received 227.67-fold oversubscription, garnering Rs 260.15 crores, which meant investors were quite hopeful about the prospects of the company. Indo Farm Equipment listing gains are likely to be as high as 41.86%, with the expected listing price at Rs 305. It is important that the potential investor is aware of the risks in the IPO. These include possible liquidity problems post listing, debt levels being excessive, fluctuation in financial performance, and changes in regulations.
Despite all such risks, Indo Farm is an attractive opportunity to many investors since it is showing steady revenue growth with good technicals like positive return on equity (ROE) and relatively low debt-to-equity ratio. Those who want to buy Indo Farm Equipment shares on the listing day should closely monitor the opening price with a safe buy order using a demat account and closely observe the movement of the stock.
Disclaimer: Stay informed of the live GMP or any updates on the Indo Farm share listing. Follow Univest for real-time insights and best stock recommendations on Indo Farm share price and post-listing strategies.
FAQs on Indo Farm Equipment Share Listing
1. Is Indo Farm Equipment IPO good?
Ans. Indo Farm Equipment IPO has received an impressive response from investors and subscribed 227.67 times. NIIs (Non-Institutional Buyers) have shown robust demand for this IPO, and because of the higher subscription rate, GMP trades at a higher price. The estimated listing gain is expected to be Rs 90 as of 6th January 2025. However, it may be subject to change depending on market trends. It is essential to conduct your own research before investing in stocks or IPOs.
2.What is the PE ratio of Indo Farm?
Ans. Indo Farm Equipment share PE ratio stands at 62.2. However, the post-IPO PE ratio of Indo Farm Equipment Limited is estimated as 105.25 against the pre-IPO PE ratio of 54.39. The PE ratio is one of the significant technical tools that helps investors evaluate the trend of stocks.
3. What is Indo Farm Equipment IPO GMP?
Ans. As of now, on 6th January 2025, Indo Farm Equipment IPO GMP stood at Rs 90, and it is estimated that the listing price would be Rs 305, which will provide a benefit of 41.86% to the investors who got shares allotted.
4. Who is the registrar of Indo Farm Equipment IPO?
Ans. Mas Services Ltd. is the registrar of Indo Farm Equipment IPO and is responsible for managing this issue’s allotment process. Moreover, the registrar is also responsible for handling investors’ queries.
