The Indo Farm Equipment IPO minimum market lot is 69 shares with ₹14,835 application amount. The Indo Farm Equipment IPO is a Mainline IPO, and it is to be listed on BSE, NSE.
Indo Farm Equipment Limited was established in 1994 and was involved in producing tractors, pick-and-carry cranes, and various types of machinery used for harvesting crops. It has two main brands: Indo Farm and Indo Power. They also sell their products, such as tractors and cranes, in countries like Nepal, Syria, Sudan, Bangladesh, and Myanmar. They produce tractors ranging from 16 HP to 110 HP and pick & carry cranes from 9 to 30 tons. They have a factory in Baddi, Himachal Pradesh, that covers 127,840 square meters and has a foundry, machine shop, and assembly units. Moreover, it can produce 12,000 tractors and 720 cranes each year. They have built a reputation as a skilled manufacturer and also plan to expand operations and take business to the next level. Further, it also has unique strategies like experienced and qualified management, in-house NBFC setup, and a wide range of products manufactured.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Indo Farm Equipment IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 8.1 | 11.96 | 242.4 |
| NII | 28.6 | 131.89 | 501.65 |
| bNII | 25.15 | 130 | 548.13 |
| sNII | 35.5 | 135.67 | 408.68 |
| RII | 18.63 | 45.86 | 101.64 |
| Total | 17.76 | 54.61 | 227.57 |
Indo Farm Equipment IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Indo Farm Equipment IPO Review and Rating
- Avoid
Indo Farm Equipment IPO Form
How to apply for the Indo Farm Equipment IPO? You can apply for Indo Farm Equipment IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Indo Farm Equipment IPO in the Invest section. The other option is you can apply for Indo Farm Equipment IPO via IPO forms downloaded online. Check out the Indo Farm Equipment forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
