Indo Farm Equipments Ltd. IPO

Indo Farm Equipment IPO is a book-built issue worth Rs 260.15 crores, comprising a fresh issue of Rs 184.90 crores and an offer for sale of Rs 75.25 crores, totaling 1.21 crore shares. The IPO opens on December 31, 2024, and closes on January 2, 2025. Allotment is expected on January 3, 2025, with a tentative listing date on January 7, 2025, on BSE and NSE. The price band is set at Rs 204 to Rs 215 per share. Retail investors need Rs 14,835 for a minimum lot of 69 shares, while sNII and bNII investments start at Rs 2,07,690 and Rs 10,08,780, respectively.

RHP
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DRHP
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Open Date

2024-12-31

Close Date

2025-01-02

Indo Farm Equipments Ltd. IPO Details

Check out the issue details for Indo Farm Equipments Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 215

Price Band

₹ 204 - 215

Issue Size

260.15 Cr.

Issue Type

Book Built

Open

2024-12-31

Close

2025-01-02

Listingprice

₹ 256

ListingGain

19.07%

Listing Date

2025-01-07

CMP

₹ 209.31

Current Return

-2.65%

Company Financials

You can get the following financial statements of Indo Farm Equipments Ltd. as of now.

Indo Farm IPO Details

The details about the Indo Farm IPO are as follows:

  • The issue size of the IPO is 260.15 Cr.
  • The price band for Indo Farm IPO is Rs 204 to Rs 215.
  • The shares of Indo Farm IPO will list on 7th January 2025.
  • The latest tentative GMP of Indo Farm IPO is Rs 90.
  • The shares of Indo Farm IPO are subscribed 227.67 Times.

 

Indo Farm IPO Valuation

The approx valuation of Indo Farm IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 215
Existing Shares (Qty) 3.94 Cr
Fresh Issue 184.90 Cr
Market Cap 1032 Cr
EPS (FY24) Rs 4.15
PE Ratio 51.80x
Industry PE 42.10x

 

Indo Farm IPO Issue Size

Indo Farm IPO issue size is 260.15 Cr.

Issue Amount
Fresh Issue 184.90 Cr
Offer For Sale 75.25 Cr

 

Indo Farm IPO Market Lot

An individual can apply for a minimum of 1 lot of 69 shares and a maximum of 13 lots of 897 shares. Find the details below:

Application Lot Shares Amount
Minimum 1 69 Rs 14,835
Maximum 13 897 Rs 1,92,855

 

Indo Farm IPO Share Offer

The shares of Indo Farm IPO are subscribed 227.67 Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Maximum 50%
Non-Institutional Minimum 15%
Retail Individual Minimum 35%

 

Indo Farm IPO GMP (Grey Market Premium)

As on GMP (Tentative)
2 January 2025 Rs 90

Indo Farm IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

Indo Farm IPO Dates

Find below the dates for Indo Farm IPO

Schedule Date
Basis of Allotment 3 January 2025
Refunds 6 January 2025
Credit to Demat Account 6 January 2025
IPO Listing Date 7 January 2025

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 260.65 302.79 231.78 251.76 330.87
Total Expenditure 230.42 271.31 205.83 222.15 295.13
Operating Profit 30.23 31.48 25.95 29.61 35.73
Other Income 0.6 2.14 1.85 0.53 0.24
Interest 12.93 13.42 13.74 14.09 14.45
Depreciation 8.3 9.42 7.92 7.89 8.88
Exceptional Items 0 0 0 0 0
Profit Before Tax 9.61 10.79 6.14 8.16 12.65
Provision for Tax 3.62 1.03 2.59 2.48 3.73
Net Profit 5.98 9.76 3.55 5.68 8.92
Adjusted EPS (Rs.) 0.16 0.26 0.09 0.15 0.24

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 9.07 9.39 9.39 9.39 18.78
Total Reserves 160.92 176.36 241.86 247.54 247.07
Borrowings 9.43 19.25 30.19 40.56 49.39
Other N/C liabilities 11.26 9.74 -0.94 -0.52 0.81
Current liabilities 143.72 157.28 155.79 161.24 181.85
Total Liabilities 334.4 372.02 421.2 458.2 497.9
Assets
Net Block 83.97 80.22 171.17 182.84 193.77
Capital WIP 3.27 3.83 17.99 14.41 19.52
Intangible WIP 0 0 0 0 0
Investments 8.2 14.2 17.05 17.05 18.05
Loans & Advances 4.8 26.13 9.29 6.42 7.22
Other N/C Assets 3.11 3.26 0 0 0
Current Assets 231.05 244.37 205.7 237.49 259.34
Total Assets 334.4 372.02 421.2 458.2 497.9
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 9.61 10.79 6.14 8.16 12.65
Adjustment 19.51 19.64 20.09 22.46 24.54
Changes in Assets & Liabilities -6.46 -42.84 12.09 -22.41 -10.68
Tax Paid -3.03 -2.64 -1.35 -0.94 -1.38
Operating Cash Flow 19.64 -15.06 36.97 7.27 25.12
Investing Cash Flow -21.3 -9.81 -17.54 -15.79 -25.76
Financing Cash Flow 2.42 23.74 -19.58 8.7 0.62
Net Cash Flow 0.76 -1.13 -0.14 0.18 -0.01
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