Indo Farm Equipment Limited IPO has ₹80 Grey Market Premium as of December 30, 2024, with a price range of ₹204 to ₹215 per share. Offering lots of 69 shares, the subscription window is open from December 31, 2024 to January 2, 2025.
Indo Farm Equipment Limited IPO GMP Today
The Grey Market Premium (GMP) for Indo Farm Equipment Limited is ₹80 as of December 30, 2024. This assessment coincides with a price of ₹204 to ₹215 per share for the IPO.
Indo Farm Equipment Limited IPO Review
Indo Farm Equipment Limited exhibits steady revenue growth and increasing profitability, with revenue rising from ₹2,677.81 million in March 2021 to ₹3,707.59 million by March 2023. Profits and EPS have also shown significant improvements, enhancing investor confidence.
Despite rising liabilities and a higher debt-equity ratio suggesting expanded reliance on debt, the company’s financial health reflects potential growth. However, liquidity concerns are evident with a declining current ratio, even as asset growth and improved inventory turnover suggest efficient operations.
To get a full IPO review, click here Indo Farm Equipment IPO
Indo Farm Equipment Limited IPO Date
Indo Farm Equipment Limited will start accepting subscriptions from December 31, 2024 to January 2, 2025.
Indo Farm Equipment Limited IPO Price
Indo Farm Equipment Limited’s price range is at ₹204 to ₹215 per share with a face value of ₹10 each.
Indo Farm Equipment Limited
Indo Farm Equipment Limited, established in 1994, produces tractors and cranes in Himachal Pradesh. The company boasts an integrated ecosystem with R&D, in-house production, and a network of 140+ dealers, providing customized solutions and competitive delivery domestically and internationally.
How To Apply For Indo Farm Equipment Limited IPO?
To apply for the Indo Farm Equipment Limited IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Indo Farm Equipment Limited on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
You can apply for the Indo Farm Equipment Limited IPO at Alice Blue in just a few clicks!
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.