Indo Farm Equipment IPO: Fresh issue of 1.05 crore shares for ₹184.9 cr & offer for sale of 0.35 crore shares for ₹75.25 cr. Funds to expand cranes, repay debt & invest in NBFCs.
Open Date : December 31, 2024 Close Date : January 2, 2025 Allotment Date: January 3, 2025 Listing Date: January 7, 2025
IPO Price: INR 204 – 215 per share Lot Size: 69 Shares Total Issue Size: INR 260.15 crores
Indo Farm Equipment IPO shows mixed performance: 1. Revenue grew steadily, Liabilities expanded. 2. Profitability, EPS, and RoNW improved. 3. Liquidity weakened. 4. Inventory turnover and assets grew.
Indo Farm Equipment IPO Comparison: 1. Indo Farm: Focus on steady profitability & returns. 2. Escorts Kubota: Strong earnings & market dominance. 3. Action Construction: High efficiency, growth & competitive returns.
Indo Farm Equipment IPO Objective: 1. Expand crane manufacturing & Repay debt. 2. Invest in NBFC subsidiary to strengthen capital base for future growth.
Indo Farm Equipment IPO Risks: 1. Legal risks & Dependency on agriculture and policies. 2. Exposure to economic/environmental risks. 3. Pending statutory licenses & approvals.