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Indo Farm Equipment Limited

  • Minimum Investment
    ₹14,076
  • Price Range
    ₹204 - ₹215
  • Issue Size
    ₹260.15 Cr
  • Lot Size
    69 shares

Proceeds of this IPO to be used for

Setting up a new dedicated unit for expansion of Pick & Carry Cranes manufacturing capacity

Repayment or pre-payment, in full or part, of certain borrowings availed by the company

Further investment in its NBFC Subsidiary (Barota Finance) for financing the augmentation of its capital base to meet its future capital requirements

General corporate purposes

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of Indo Farm Equipment Limited

Certified manufacturing facilities

The company's ISO 9001:2015 certified manufacturing facilities are spread across 127,840 sq. meters of industrial land in Baddi, Himachal Pradesh. These facilities include a captive foundry unit, a dedicated machine shop, fabrication, and assembling units for tractors and pick & carry cranes

In-house NBFC setup

To further complement and grow the business, the company has launched an in-house NBFC company to provide tractor finance for buyers through its subsidiary entity, Barota Finance

Product acceptability in multiple countries

The company has exported its products to various overseas markets, including Nepal, Syria, Sudan, Bangladesh, Myanmar, Kuwait, Jordan, Gabon, Chile, Yemen, Uruguay, Ghana, Nigeria, Ethiopia, Mauritius, Afghanistan, Mexico, Kenya, Uganda, UAE, Malaysia, and Germany

Concentrated revenue sources

The company derives a significant portion of its revenue from the sale of tractors and pick-and-carry cranes. Any reduction in demand or manufacturing of such products could adversely effect the business, results of operations, and financial condition

Statutory and regulatory licenses

If the company is unable to obtain, renew, or maintain the statutory and regulatory licenses, registrations, and approvals required to operate the business, it may have a material adverse effect on the business, results of operations, and financial condition

No long-term agreements

The company does not have long-term agreements with suppliers for raw materials, which could result in an increase in the cost of or a shortfall in the availability of raw materials

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
Particulars (In Cr)Y/Y Change
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Total Non-Current Assets--
Fixed assets--
Total assets--
Total Current Liabilities--
Total Non-Current Liabilities--
Total Capital Plus Liabilities--
Total Shareholder Funds--
Total Debt to Equity--

Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Particulars (In Cr)Y/Y Change
Cash from Operating Activity--
Cash from Financing Activities--
Cash from Investing Activities--
Net Cash Flow--

About Indo Farm Equipment Limited

Indo Farm Equipment Ltd. originally incorporated as 'Welcut Tools Private Limited' on October 5, 1994, is a manufacturer of tractors, pick & carry cranes, and other farm equipment, including harvester, combines, rotavators, and related spares & components.
  • Promoter
    Ranbir Singh Khadwalia
  • Promoter
    Sunita Saini

Indo Farm Equipment Limited IPO FAQs

What is Indo Farm Equipment Limited IPO?

Indo Farm Equipment Limited IPO refers to the initial public offering of shares by Indo Farm Equipment Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of Indo Farm Equipment Limited IPO?

For Indo Farm Equipment Limited IPO the issue size is ₹260 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the Indo Farm Equipment Limited IPO?

For Indo Farm Equipment Limited IPO the minimum investment is ₹14,076. The minimum investment for Indo Farm Equipment Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of Indo Farm Equipment Limited IPO?

For Indo Farm Equipment Limited IPO the lot size is 69 shares. The lot size of Indo Farm Equipment Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for Indo Farm Equipment Limited IPO on Share.Market?

To apply for Indo Farm Equipment Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Indo Farm Equipment Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for Indo Farm Equipment Limited IPO?

Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Indo Farm Equipment Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of Indo Farm Equipment Limited IPO?

For Indo Farm Equipment Limited IPO the allotment date is January 3, 2025. The allotment date of Indo Farm Equipment Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of Indo Farm Equipment Limited IPO?

For Indo Farm Equipment Limited IPO, the subscription opens on December 31, 2024 and closes on January 2, 2025. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Ongoing
-
Total Subscription
227.42x Oversubscribed