
Manufacturing · NSE / BSE
Incorporated in 1994, Indo Farm Equipment Limited manufactures tractors, pick & carry cranes, and other harvesting equipment under the brands Indo Farm and Indo Power. The company produces tractors from 16 HP to 110 HP and cranes with capacities of 9 to 30 tons at its Baddi, Himachal Pradesh facility, which spans 127,840 sq. meters and includes a captive foundry, machine shop, and assembly units, with annual capacities of 12,000 tractors and 1,280 cranes. To meet growing demand, it has acquired additional land to expand crane production by 3,600 units annually. Indo Farm exports to Nepal, Syria, Sudan, Bangladesh, Myanmar, and other countries, and employs 938 people as of June 30, 2024.
Price Band
₹204 – ₹215
Issue Size
₹260 Cr
Lot Size
69 shares
GMP
+35.4%
Est. Listing
₹291
at current GMP
Subscribed
229.68x
overall
Open
31 Dec 2024
Close
2 Jan 2025
Allotment
3 Jan 2025
Refund
4 Jan 2025
Demat Credit
5 Jan 2025
Listing
7 Jan 2025