Indo Farm Equipment IPO Allotment Status Live: When, where and how to check your allotment status - Check step-by-step process
Check Indo Farm Equipment IPO allotment status today, Jan 3, 2025, and learn about its strong 227.57x subscription, GMP of ₹86, and market debut on Jan 7.
Indo Farm Equipment IPO Allotment Status Live: When, where and how to check your allotment status - Check step-by-step process
Indo Farm Equipment IPO Allotment Status Today, January 3 2025. The instalment will be concluded on January 3, 2025. While investors eagerly await their allotments, the IPO received an overwhelming subscription at 227.57 times on its last day of bidding. This makes it one of the most subscribed IPOs in recent history, showing strong investor interest and confidence in the company.
Indo Farm Equipment's IPO has a value of ₹260 crore with ₹204-215 price band per share. It consists of a net issuance of 86 lakh equity shares and an Offer-for-Sale (OFS) of 35 lakh shares from promoter Ranbir Singh Khadwalia. This reflects the demand for this offering, as evidenced by the subscription rates, particularly for Non-Institutional Investors (NIIs) (501.65 times).
Indo Farm Equipment IPO Allotment Status — 2 ways to check. To check your status, visit the BSE site; select the issue type 'Equity', the dropdown of Indo Farm Equipment, the application number, or the PAN details, and search. Or go to the Mas Financial Services website, open the IPO allotment page, click on Indo Farm Equipment, enter your PAN or DP/Client ID, and press Submit to check your allotment.
GMP of the IPO is at ₹86, which translates to a total listing day gain of ₹40 per share. The company is expected to debut in the market on January 7, 2025, and this well-above-GMP performance reflects very high expectations in that stock.
The Parameshwar Metal IPO is another IPO not to be missed, along with the Indo Farm Equipment IPO. Analysts have been following the Parameshwar Metal IPO GMP on the market, which indicates investor sentiment.
Investors must now keep an eye on Business News Live platforms as final allotment results are declared. The bulky response to the Indo Farm Equipment IPO also highlights its prospect of being a main player in the market, thus making it a subject of discussion in today's business news.