Indo Farm Equipment IPO Allotment Status: Check Your Share Allotment for 84.7 Lakh Shares Now!

The Indo Farm Equipment IPO, which raised ₹260.15 crore, closed with an overwhelming subscription of 227.67 times. Investors can check the allotment status for the 84.7 lakh shares via BSE, NSE, or Mas Services. The IPO shares are expected to list on January 7, 2025.

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Indo Farm Equipment IPO Allotment Status: How to Check Online

Indo Farm Equipment IPO Allotment Status: Check The Indo Farm Equipment IPO allotment status is expected to be finalized today (January 3 or 4, 2025). Investors can check their allotment status on the official websites of BSE, NSE, or the registrar Mas Services once the allotment is complete.

Key IPO Details:

• Price band: ₹204–215 per share
• Fresh issue: 86 lakh equity shares
• Offer-for-Sale (OFS): 35 lakh shares from promoter Ranbir Singh Khadwalia
• The IPO was heavily subscribed, with the total subscription at 227.57 times.

Allotment Status Check Steps:

1. Mas Services (Registrar):
   • Go to: Mas Services IPO allotment page
   • Select “Indo Farm Equipment” from the dropdown once the allotment is finalized.
   • Enter your PAN number and submit to view the allotment status.
2. BSE:
   • Visit: BSE IPO allotment page
   • Select “Equity” under Issue Type and “Indo Farm Equipment” in Issue Name.
   • Enter your PAN or application number, complete the captcha, and submit.
3. NSE:
   • Visit: NSE IPO allotment page
   • Register with your PAN, enter your username, password, and captcha code.
   • View the allotment status on the next page.

Indo Farm Equipment IPO Allotment Status: Check The IPO received a significant response, with retail investors subscribing 101.64 times and non-institutional investors 501.65 times. The company aims to raise ₹260 crore from this issue, which will fund its expansion plans and debt repayment.

Shares of Indo Farm Equipment are expected to list on the NSE and BSE on January 7, 2025.

Indo Farm Equipment IPO Allotment Status: Check Next week promises to be a busy one for investors on Dalal Street, with a number of IPO activities lined up, including mainline IPOs, SME offerings, and the listing of Indo Farm Equipment shares.

IPO Listings:

• Indo Farm Equipment IPO: Shares are set to list on Tuesday, January 7, 2025. The IPO, which raised ₹260.15 crore, was oversubscribed by 229.68 times. The allotment basis will be finalized today, January 3, 2025.

Mainline IPOs Opening Next Week:

1. Standard Glass Lining IPO: This ₹410.05 crore offering will open for subscription on Monday, January 6, 2025, and close on Wednesday, January 8, 2025. The price band is ₹133-140 per share, and the lot size is 107 shares. Allotment results are expected by Thursday, January 9, 2025, with a tentative listing on January 13, 2025.
2. Quadrant Future Tek IPO: The ₹290 crore IPO opens on Tuesday, January 7, 2025, and closes on Thursday, January 9, 2025. The price band is ₹275-290 per share, with a lot size of 50 shares. Allotment is expected by Friday, January 10, 2025, and listing on January 14, 2025.
3. Capital Infra Trust InvIT IPO: This ₹1,578 crore offering opens on Tuesday, January 7, 2025. The price band is ₹99-100 per share, and the lot size is 150 shares. The allotment will be finalized by Friday, January 10, 2025, with a listing on January 14, 2025.

SME IPOs: Next week will also see four SME IPOs—BR Goyal, Delta Autocorp, Avax Apparels and Ornaments, and Indobell Insulation—open for subscription, while shares of Fabtech Technologies, Parmeshwar Metal, Davin Sons, Leo Dry Fruits and Spices, and Technichem Organics will be listed.

Indo Farm Equipment IPO Allotment Status: Check Investors should prepare for a busy week as both mainline and SME IPOs make their market debut.

Indo Farm Equipment IPO Allotment Status: How to Check Online

Indo Farm Equipment IPO Allotment Status: Check Indo Farm Equipment Limited, established in 1994, specializes in manufacturing tractors, Pick & Carry Cranes, and harvesting equipment under its brands, Indo Farm and Indo Power. The company’s IPO opened for bidding from December 31, 2024, to January 2, 2025, with the allotment of shares expected to be finalized on January 3, 2025.

Steps to Check Allotment Status of Indo Farm Equipment IPO

• On BSE:
  1. Visit the IPO allotment page on the BSE website.
  2. Select “Equity” as the issue type.
  3. Choose “Indo Farm Equipment Limited” from the dropdown menu.
  4. Enter your application number or PAN.
  5. Complete the Captcha to verify you are not a robot.
  6. Click “Search” to view your allotment status.

• On NSE:
  1. Visit the IPO allotment page on the NSE website.
  2. Select “INDOFARM” from the dropdown.
  3. Enter your application number or PAN.
  4. Complete the Captcha and click “Search” to check your status.

• On Mas Services Limited:
  1. Go to the IPO allotment section on Mas Services Limited’s official site.
  2. Select “Indo Farm Equipment” from the dropdown.
  3. Enter your PAN or Client ID.
  4. Click “Submit” to view your allotment status.

IPO Details: The Indo Farm Equipment IPO, valued at ₹260.15 crore, consists of a fresh issue of 0.86 crore shares worth ₹184.90 crore and an offer for sale of 0.35 crore shares worth ₹75.25 crore. The IPO opened from December 31, 2024, to January 2, 2025, with shares expected to debut on January 7, 2025. The price range is ₹204 to ₹215 per share, and the minimum investment for retail investors is ₹14,835 for a lot of 69 shares.

IPO Subscription Status (End of Day 3 on January 2, 2025): The IPO saw massive demand, with an overall subscription of 227.67 times, broken down as follows:

• QIBs: 242.4 times (58,65,97,014 shares bid for 24,20,000 shares offered)
• NIIs: 501.75 times (91,06,72,557 shares bid for 18,15,000 shares offered)
• Retail Investors: 101.79 times (43,10,70,393 shares bid for 42,35,000 shares offered)

IPO Objectives: The funds raised will be used to expand the company’s Pick & Carry Cranes manufacturing capacity, repay some borrowings, and invest in Barota Finance Ltd., its NBFC subsidiary, to enhance its capital base for future growth.