Indo Farm Equipment Limited IPO Date, Price, Review and Details
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Indo Farm Equipment Limited IPO
Indo Farm Equipment Limited engaged in their company
established in 1994, Indo Farm Equipment Limited is an integrated manufacturer
of established tractors & pick and carry cranes with a history of over 20
years. They also produce other agricultural equipment such as the Harvester
Combines, Rotavators and other related spares & components, which do not
materially contribute to their company’s total revenue. Their facilities are
equipped with induction furnace, air molding machine, automatic molding line,
sand factory, fully equipped metallurgy and sand testing laboratory, machining
center, gear shop, press shop, manufacturing shop, paint shop, assembly unit,
quality room and utility room.
Company Promoters:
- Ranbir Singh Khadwalia
- Sunita Saini
Objects of this Issue:
- Install a new dedicated unit to expand their pick and carry crane production line.
- Repayment or prepayment of all or part of the loans used by the company.
- To fund the growth of its capital base to meet the future capital requirements of the NBFC subsidiary (Barota Finance Limited).
- All purposes of the company
Financial Information of the Company:
|
|
Amount in Million (Rs.) |
||
|
As on 31 Mar 2024 |
As on 31 Mar 2023 |
As on 31 Mar 2022 |
|
|
Total Assets |
6,479.49 |
6,228.41 |
6,198.29 |
|
Total Liabilities |
3,057.04 |
3,324.67 |
3,450.26 |
|
Net Profit |
18.58 |
30.99 |
42.86 |
Indo Farm Equipment Limited IPO Schedule
1. Bid or Offer Opens on: 31 December
2024
4. Initiation of Refunds: 06
January
2024
Indo Farm Equipment Limited IPO Lot Size
The
market lot size of the INDO FARM EQUIPMENT LIMITED IPO is 1 share. Minimum and
Maximum order quantity is as follows:
|
Application |
Lots |
Shares |
Amount |
|
|
Retail |
Minimum |
1 |
69 |
₹14,835 |
|
Maximum |
13 |
897 |
₹192,855 |
|
|
S-HNI |
Minimum |
14 |
966 |
₹207,690 |
|
S-HNI |
Maximum |
67 |
4,623 |
₹993,945 |
|
B-HNI |
Minimum |
68 |
4,692 |
₹10,08,780 |
Company Contact Details:
Indo Farm Equipment Limited IPO
SCO 859 N.A.C
Manimajra Kalka Road
Chandigarh 160101,
India
Phone: 0172-2730060
Email: compliance@indofarm.in
Website: www.indofarm.in
Indo
Farm Equipment Limited IPO Registrar Details:
MAS Services Limited
2nd floor, Okhla Industrial Area Phase II,
New Delhi 110020, India
Phone: 011-26387281-83, 011-41320335
Email: ipo@masserv.com
Website: www.masserv.com
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