Indo Farm Equipment IPO
Farm Equipment/Tractor - Listed on 07 January 2025
Indo Farm Equipment IPO listing summary
Indo Farm Equipment (Farm Equipment/Tractor) closed its IPO window in 2025 and listed on NSE and BSE on 07 January 2025 at an upper band issue price of Rs 215, opening at Rs 256 for a listing gain of +19.1% and closing day one at Rs 273.69 (+27.3% on closing basis). The IPO was subscribed 227.51x overall - QIB 242.40x, HNI/NII 501.63x, Retail 101.52x. The total issue size was Rs 260.15 Cr (Fresh Issue Rs 184.9 Cr, OFS Rs 75.25 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Indo Farm Equipment IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 77 | +35.81% |
| Day 2 | Rs 78 | +36.28% |
| Day 3 | Rs 80 | +37.21% |
| Day 4 | Rs 83 | +38.60% |
| Day 5 | Rs 87 | +40.47% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Indo Farm Equipment IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Indo Farm Equipment IPO - FAQs
What was the listing gain of Indo Farm Equipment IPO?
Indo Farm Equipment IPO listed at +19.1% versus the upper issue price of Rs 215 on 07 January 2025.
How many times was Indo Farm Equipment IPO subscribed?
Indo Farm Equipment IPO was subscribed 227.51x overall. QIB portion was subscribed 242.40x, HNI / NII 501.63x and Retail 101.52x.
What was the IPO GMP for Indo Farm Equipment?
IPO GMP started at Rs 77 on Day 1 and moved to Rs 87 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.