Indo Farm Equipment IPO

Indo Farm Equipment Ltd

₹14,076 /69 sharesMinimum Investment

Indo Farm Equipment IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
31 Dec ‘24 - 2 Jan ‘25₹14,07669₹204 - ₹215
Issue SizeIPO Doc
260.15Cr
RHP PDF

About Indo Farm Equipment

Indo Farm Equipment Limited is a manufacturer of tractors, pick-and-carry cranes, and a range of agricultural equipment, including harvester combines, rotavators, and related spare parts and components. The company’s products serve sectors such as agriculture, infrastructure, construction, heavy engineering, and industrial projects. Apart from this, in 2017, the company established its in-house non-banking financial company (NBFC) to offer retail financing solutions specifically for its tractors.;
Founded in
1994
Managing director
Mr. Ranbir Singh Khadwalia
Parent organisation
Indo Farm Equipment Ltd
Indo Farm Equipment Ltd IPO
https://www.youtube.com/watch?v=Rzk8lujVb2Q

Strengths & Financials of Indo Farm Equipment

Strengths
Risks
Indo Farm Equipment manufacturing facilities are ISO 9001:2015 certified for quality management systems.
The company claims that the facilities are equipped with advanced machinery, including induction furnaces, pneumatic molding machines, an automatic molding line, a sand plant, and a fully equipped metallurgy and sand testing laboratory. Additional units include a machining centre, gear shop, press shop, fabrication shop, paint shop, assembly unit, quality room, and utility room.
As of August 31, 2023, the production facilities have an annual capacity to produce 12,000 tractors and 720 pick-and-carry cranes. The company manufactures tractors ranging from 16 HP to 110 HP and pick-and-carry cranes with lifting capacities ranging from 9 tonnes to 30 tonnes.
The company’s products are marketed and distributed through a network of over 140 dealers across states such as Punjab, Haryana, Uttar Pradesh, Maharashtra, Gujarat, and Rajasthan.
The company has seen a consistent increase in revenue from operations and profit after tax (PAT). Revenue from operations increased from Rs 267.78 crore in FY21 to Rs 352.08 crore in FY22 to Rs 370.76 crore in FY23. PAT increased from Rs 8.49 crore in FY21 to Rs 13.72 crore in FY22 to Rs 15.56 crore in FY23.

Indo Farm Equipment Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Indo Farm Equipment IPO

Apply asPrice bandApply upto
Regular204 - 215₹2 Lakh
High Networth Individual204 - 215₹2 - 5 Lakh
For Indo Farm Equipment IPO, eligible investors can apply as Regular.
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