Indo Farm Equipment IPO Allotment Finalised: How To Check Status Online; GMP Hints At 45% Premium Listing

Indo Farm Equipment IPO: The Rs 260.15 crore IPO has finalised shares allotment on January 3rd, and investors can check the status of their application via NSE, BSE and registrar of the IPO aka MAS Services. The latest grey market premium (GMP) of Indo Farm signals a nearly 45% premium listing. The IPO will be listed on stock exchanges next week.

Indo Farm Equipment IPO Allotment Status:

The shares allotment is out for review on BSE, NSE and MAS Services. The initiation of refund or credit of demat accounts will take place on January 6th, followed by IPO listing on January 7th.

To check the status of your application on MAS Services, click on the link below:

https://www.masserv.com/opt.asp

Once you open the link, you will be directed to INDO Farm Equipment IPO allotment status. Investors can review their application through the Dp_id client ID or PAN number.

To Check Your Application Status On NSE, Click On The Link Below:

https://www.bseindia.com/investors/appli_check.aspx

Step 1: First, select the issue type which in Indo Farm's case is 'Equity'.

Step 2: Then Select the issue name, which will be 'Indo Farm Equipment'.

Step 3: Step 3: Add your Application Number or PAN Card Number to process ahead. Lastly, Click on Search.

To Check Your Application Status On NSE, Click On The Link Below:

https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp

As per the NSE website, to avail of this facility, the investor has to register one time by providing the PAN details. The user shall be able to view the details of the bids entered against the registered PAN number. However, first, they need to register on NSE. On registration, the investor will receive an email notification from NSE on the registered email address providing the login details.

NSE will also provide Allotment information as provided by the registrar to the issue.

INDO Farm Equipment IPO GMP Today:

As per Investor Grain, Indo Farm Equipment IPO's last GMP is ₹96, last updated Jan 4th 2025 08:53 PM. With a price band of 215.00, Indo Farm Equipment IPO's estimated listing price is ₹311 (cap price + today's GMP). The expected percentage gain/loss per share is 44.65%.

Indo Farm Equipment IPO Details:

The 100% book-building IPO opened on December 31, 2024, and closed on January 2, 2025. The price band for the IPO was fixed at Rs 204 to Rs 215 per share. On the final day, the IPO received an oversubscription of 229.68 times, signalling a strong start for the IPO market in 2025.

About Indo Farm Equipment:

Incorporated in 1994, Indo Farm Equipment Limited is an ISO Certified Company located in the foothills of the beautiful State of Himachal Pradesh in India. The company manufactures world-class tractors, cranes, engines, diesel gensets and Harvester Combines. Indo Farm commenced commercial production of tractors in October 2000 and in 2008, the company diversified into manufacturing and marketing of Pick-N-Carry cranes of 9 tonnes - 30 tonnes capacity and commenced production of mobile tower cranes. Spread over 34 acres, the plant started with the production of a single tractor model. Within a year of its operations, the company successfully indigenized the engine components, manufacturing and assembly processes and stopped import of engines.

Engines being the company's core competence area, the company is now making engines for generator sets that are exported. The company has its state-of-the-art foundry equipped with induction furnaces in order to ensure better quality as well as to ensure uninterrupted supply.

Indo Farm operates pan-India and is a well recognized brand, associated with quality and dependability. The company operates through 6 regional offices and a 173 strong dealer network for sales and service.

The Equity Shares of the Company are proposed to be listed on BSE Limited ("BSE")and the National Stock Exchange of India Limited ("NSE", together with BSE, the "Stock Exchanges").