Indo Farm IPO: Day 1 highlights and investor insights.

Indo Farm Equipment IPO details:

  1. Grey Market Premium (GMP): Shares of Indo Farm Equipment Limited are trading at a premium of ₹82 in the grey market today.
  2. IPO Price Band: The company has set the IPO price range at ₹204 to ₹215 per share.
  3. IPO Dates: The IPO opens today and will close on 2 January 2025.
  4. IPO Size: The company plans to raise ₹260.15 crore through this IPO, with ₹184.90 crore from issuing new shares.
  5. Lot Size: Investors can bid in lots of 69 shares each.
  6. Allotment Date: The share allocation is expected to be finalized on 3 January 2025.
  7. Registrar: Mas Services Limited is the official registrar for this IPO.
  8. Lead Manager: Aryaman Financial Services Limited is managing the public issue.
  9. Listing Date: The shares are expected to be listed on BSE and NSE on 7 January 2024.

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