Indo Farm Equipment IPO, with a price band set between the range of Rs 204 to Rs 215, ran its public issue from December 31, 2024 to January 2, 2025. A mainboard issue, Indo Farm Equipment IPO allotment of shares after the closure of its three-days bidding window is likely to be finalised today, January 3, 2025.
Indo Farm Equipment’s tentative listing date is set for January 7, 2025, on both the BSE and NSE.
Let’s take a look at how to check status online:
Investors who participated in the IPO can check their allotment status through multiple platforms such as BSE, Mas Services Portal.
Via BSE
Visit the BSE IPO Application Status page.
Select ‘Equity’ and choose Indo Farm Equipment.
Enter your IPO application number or PAN details.
Complete the CAPTCHA and click ‘Submit.’
Also Read: Indo Farm Equipment IPO Allotment Status Live: Here’s how to check allotment status, subscription status, IPO GMP price, and other details
Via Mas Services Portal
Head to the Mas Services website and click on ‘IPO Allotment Status.’
Select Indo Farm Equipment Limited from the dropdown.
Enter either your DPID/Client ID or PAN details.
Hit ‘Search’ to view your status.
Indo Farm Equipment IPO: GMP
As per the latest trend, Indo Farm Equipment IPO was commanding a premium of Rs 96. This indicates that the stock might list a price around Rs 311 on the Indian bourses, BSE and NSE. Moreover, it is important to note that the grey market is an unlisted marketplace to trade shares ahead of listing.
Indo Farm Equipment IPO: Lead managers and registrars
Aryaman Financial Services Limited acted as the book-running lead manager, while Mas Services Limited handled the registrar duties.
Also Read: How will markets open today? Here are 6 things to watch out for at this hour
Indo Farm Equipment IPO: Subscription Numbers
Indo Farm Equipment IPO garnered significant attention and has received an overall subscription of 227.67 times overall. Breaking down the numbers:
Retail Category- Subscribed 101.79 times
Qualified Institutional Buyers (QIB) – Subscribed 242.4 times
Non-Institutional Investors (NII) – Subscribed 501.75 times
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