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Indo Farm Equipments Ltd.

Automobiles-Tractors

IPO Details
  • Issue Type Book building
  • Price range Rs.204-215
  • Market Lot 69
  • Total Equity Shares 8470000
  • Face Value Rs. 10
  • Listing Date Jan 07, 2025
IPO Timeline
Opening date Dec 31, 2024
Closing date Jan 02, 2025
Listing Date Jan 07, 2025

IPO Details

Our products are being exported to various countries. Our total sales for last three financial years include around 93%domestic sales and around 7% export sales. Our ISO 9001:2015 certified manufacturing facilities are spread across127,840 sq. mtrs. of Industrial lands at Baddi, Himachal Pradesh which includes a captive foundry unit and dedicatedmachine shop, fabrication and assembling units for Tractors, pick & Carry Cranes and other equipments. Our facilitiesare equipped with induction furnaces, pneumatic molding machines, automatic molding line, sand plant, fully equippedMetallurgy and Sand Testing Laboratory, Machining Center, Gear Shop, Press Shop, Fabrication Shop, Paint Shop,Assembly unit, Quality Room & Utility room. Our integrated operations enable us to manufacture some of the criticalmachine components in-house which reduces our dependence on third parties, streamlines our production process andimproves our operational efficiencies. In addition, it also enables us to maintain control over the entire manufacturingprocess and also provide better delivery timelines to our customers at a more competitive cost.

Projects

1. Project Name: Setting up new Dedicated Unit for Expansion of our Pick

Project Cost: 711.31

2. Project Name: Repayment or pre-payment, in full or part, of certain borrowings availed by our Company

Project Cost: 500

3. Project Name: Further Investment in our NBFC Subsidiary (Barota Finance Ltd.) for financing the augmentation

Project Cost: 450

4. Project Name: General Corporate Purposes

Project Cost: 29.93

Promoters

Prmoters Name

1. Ranbir Singh Khadwalia

2. Sunita Saini

Prmoters Holdings
  • Pre Share Capital: 36867640
  • Pre Promoter Holding: 93.45
  • Offer to Public: 12100000
  • Post Share Capital: 33367640
  • Post Promoter Holding: 69.44

Registrar

Registrar Name:MAS Services Ltd
Phone: 011-26387281/82/83
Email:
Website: www.masserv.com

Lead Managers

  • Aryaman Financial Services Ltd.

Subscription Details

Field Description Field Value
Ipo Code 2665
Total Equity 8470000

Field Description Field Value
No of Shares Offered/Reserved For Qualified Institutional Buyers 2420000
No of Shares Bid For Qualified Institutional Buyers 586597014
Total No of Shares Bid For Qualified Institutional Buyers 242.40
No of Shares Offered/Reserved For Foreign Institutional Buyers 0
No of Shares Bid For Foreign Institutional Buyers 117954672
Total No of Shares Bid For Foreign Institutional Buyers 0.00
No of Shares Offered/Reserved For Mutual Fund 0
No of Shares Bid For Mutual Fund 9188868
Total No of Shares Bid For Mutual Fund 0.00
No of Shares Offered/Reserved For Qualified Institutional Buyers - Others 0
No of Shares Bid For Qualified Institutional Buyers - Others 459453474
Total No of Shares Bid For Qualified Institutional Buyers - Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Non-Institutional Buyers 1815000
No of Shares Bid For Non-Institutional Buyers 914444304
Total No of Shares Bid For Non-Institutional Buyers 503.83
No of Shares Offered/Reserved For Corporate 0
No of Shares Bid For Corporate 5285124
Total No of Shares Bid For Corporate 0.00
No of Shares Offered/Reserved For Individuals 0
No of Shares Bid For Individuals 868140474
Total No of Shares Bid For Individuals 0.00
No of Shares Offered/Reserved For Individuals - Others 0
No of Shares Bid For Individual Others 41018706
Total No of Shares Bid For Individual Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Retail Individual Investor 4235000
No of Shares Bid For Retail Individual Investor 444348201
Total No of Shares Bid For Retail Individual Investor 104.92
No of Shares Offered/Reserved For Retail Individual Investor - Cutoff 0
No of Shares Bid For Retail Individual Investor - Cutoff 394472379
Total No of Shares Bid For Retail Individual Investor - Cutoff 0.00
No of Shares Offered/Reserved For Retail Individual Investor 0
No of Shares Bid For Retail Individual Investor 49875822
Total No of Shares Bid For Retail Individual Investor 0.00

Field Description Field Value
No of Shares Offered/Reserved For Employee 0
No of Shares Bid For Employee 0
Total No of Shares Bid For Employee 0.00
No of Shares Offered/Reserved Employee - Cutoff 0
No of Shares Bid For Employee - Cutoff 0
Total No of Shares Bid For Employee - Cutoff 0.00
Total No of Shares Bid Offered/Reserved For Employee 0
No of Shares Bid Offered/Reserved For Employee 0
Total No of Shares Bid For Employee 0.00

Field Description Field Value
No of Shares Offered/Reserved For All 8470000
No of Shares Bid For All 1945389519
Total 229.68