What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Indo Farm Equipment Limited IPO?

Indo Farm Equipment Limited IPO has received a total subscription of 229.68 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Indo Farm Equipment Limited

ListedMainboard

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

₹76

+35.4%

Est. Listing

₹291

at current GMP

Subscribed

229.68x

overall

Open

31 Dec 2024

2 Jan 2025

Allotment

3 Jan 2025

Refund

4 Jan 2025

Demat Credit

5 Jan 2025

Listing

7 Jan 2025

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

229.68x

Total Demand

QIB Multiplier

242.40x

Institutions & Funds

NII / HNI

0.00x

High Net-Worth

Retail (RII)

0.00x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 229.68x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	2,420,000	586,597,014	242.40x
HNIs(10L +)	1,210,000	663,241,938	548.13x
HNIs (2-10L)	605,000	251,202,366	415.21x
Total	4,235,000	1,501,041,318	229.68x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 0.01x

Category	Applications Reserved	Applications Received	Times Subscribed
HNIs(10L +)	136,102	1,253	0.01x
HNIs (2-10L)	246,683	626	0.00x
RETAIL	4,755,155	61,377	0.01x
Total Applications	5,137,940	63,256	0.01x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Indo Farm Equipment Limited Public Issue & Market Profile

Indo Farm Equipment Limited is bringing an initial public offering (IPO) in the Manufacturing sector with an aggregate issue size of ₹260.15 Crores. The shares are offered at a price band of ₹204 to ₹215 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Bidding & Quota Instructions:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Allotment Reconciliation Schedule:

Following the close of bidding on 2025-01-02, the basis of allotment is scheduled to be finalized on 2025-01-03. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Mas Services Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Indo Farm Equipment Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Indo Farm Equipment Limited IPO is ₹76 per equity share. Based on the upper price band of ₹204 to ₹215 per equity share, the estimated listing price is ₹291 (+35.4% expected listing gain).

What is the expected profit per lot for Indo Farm Equipment Limited IPO?

With a lot size of 69 shares and current GMP of ₹76, the expected profit per application lot is approx ₹5,244 (+35.4% gain). Minimum application cost is approx ₹14,835.

What is the issue size and price band for Indo Farm Equipment Limited IPO?

The Indo Farm Equipment Limited IPO aggregate issue size is ₹260.15 Crores with an equity price band set at ₹204 to ₹215 per equity share. The retail lot size is 69 shares requiring a minimum capital outlay of approx. ₹14,835.

How can I check Indo Farm Equipment Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 229.68x (Retail: 0.00x, QIB: 242.40x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.

Where and when will Indo Farm Equipment Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Mas Services Limited) and the BSE status verification website on or around 2025-01-03. Investors can verify status using PAN card or application number.

When is the listing date for Indo Farm Equipment Limited IPO?

Indo Farm Equipment Limited shares are scheduled to list on NSE and BSE on 2025-01-07.