Indo Farm Equipment IPO Subscription
ListedUpdated 7 January 2025, 9:15 AM IST· Mainboard
Indo Farm Equipment IPO subscription closed on 2 January 2025 at 101.79x overall by shares. QIB demand came in at 242.40x, NII at 501.65x, and retail at 101.64x. See Retail, SHNI, and BHNI allotment chances in the table…
Indo Farm Equipment IPO subscription closed on 2 January 2025 at 101.79x overall by shares. QIB demand came in at 242.40x, NII at 501.65x, and retail at 101.64x. See Retail, SHNI, and BHNI allotment chances in the table below.
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Allotment date is 3 January 2025. Listing date on NSE and BSE is 7 January 2025.
Indo Farm Equipment IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 31 Dec 2024 | 8.10x | 28.68x | 18.82x | 17.87x |
| Day 2 - 1 Jan 2025 | 11.96x | 132.03x | 46.07x | 54.74x |
| Day 3 - 2 Jan 2025 | 242.40x | 501.65x | 101.64x | 227.57x |
Indo Farm Equipment IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Indo Farm Equipment IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail | 101.64x (shares) | Updating soon |
| SHNI (Rs 2L to Rs 10L) | 408.68x (shares) | Updating soon |
| BHNI (above Rs 10L) | 548.13x (shares) | Updating soon |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Indo Farm Equipment IPO Allotment Status page from 3 January 2025 for your result.
Indo Farm Equipment IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 215.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 52.03 Cr | Rs 12,611.84 Cr | 242.40x |
| NII | Rs 39.02 Cr | Rs 19,575.57 Cr | 501.65x |
| sNII (Rs 2L to Rs 10L) | Rs 13.01 Cr | Rs 5,315.87 Cr | 408.68x |
| bNII (above Rs 10L) | Rs 26.02 Cr | Rs 14,259.70 Cr | 548.13x |
| Retail | Rs 91.05 Cr | Rs 9,254.77 Cr | 101.64x |
| Total | Rs 182.11 Cr | Rs 41,442.18 Cr | 227.57x |
What Do These Subscription Numbers Mean?
101.79x overall by shares means bids covered about 102 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 242.40x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (501.65x by shares). SHNI and BHNI allotment is by lottery.
Retail at 101.64x by shares. Exact lottery chances need application data.
Indo Farm Equipment IPO GMP After Subscription
GMP for Indo Farm Equipment IPO stands at Rs 76.00 today, giving an estimated listing price of Rs 291.00 per share.
A subscription of 101.79x combined with a GMP of 35.35% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Indo Farm Equipment IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Indo Farm Equipment IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 31 December 2024 |
| IPO Close Date | 2 January 2025 |
| Allotment Date | 3 January 2025 |
| Refund Initiation | 4 January 2025 |
| Share Credit to Demat | 4 January 2025 |
| Listing Date | 7 January 2025 |
| Minimum Investment | Rs 14,835.00 |
| Lot Size | 69 shares |
About Indo Farm Equipment IPO
The Indo Farm Equipment is a major manufacturer of world-class tractors, pick-and-carry cranes, and advanced farm equipment, which also includes the harvester combines, rotavators, and related parts.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
Retail - Retail Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Indo Farm Equipment IPO IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Indo Farm Equipment IPO Details
Issue size, price, financials, and company info
Indo Farm Equipment IPO GMP
Live grey market premium and listing estimate
Indo Farm Equipment IPO Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Indo Farm Equipment IPO Allotment
Allotment date, chances, and check by PAN
Indo Farm Equipment IPO Review
SWOT, strengths, risks, and IPO review
Indo Farm Equipment IPO FAQ
Common questions on dates, GMP, and allotment
Indo Farm Equipment IPO Registrar
Registrar website and how to check allotment
Indo Farm Equipment IPO Timeline
Open, close, allotment, and listing dates
Indo Farm Equipment IPO News
Updates, blogs, and latest IPO news
Indo Farm Equipment IPO Subscription FAQs
What is Indo Farm Equipment IPO subscription status today?
Indo Farm Equipment IPO subscription closed on 2 January 2025 with overall subscription of 101.79x (by shares) as of 27 August 2026, 4:32 AM IST. QIB 242.40x, NII 501.65x, Retail 101.64x.
What is the overall subscription of Indo Farm Equipment IPO?
Indo Farm Equipment IPO is subscribed 101.79x overall by shares at close on 2 January 2025. QIB 242.40x, NII 501.65x, and Retail 101.64x.
What is Indo Farm Equipment IPO QIB subscription?
Indo Farm Equipment IPO QIB (Qualified Institutional Buyers) subscription is 242.40x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Indo Farm Equipment IPO Retail subscription?
Indo Farm Equipment IPO Retail subscription is 101.64x by shares. Retail bids are up to Rs 2 lakh per PAN.
What is Indo Farm Equipment IPO NII, SHNI, and BHNI subscription?
Indo Farm Equipment IPO NII subscription is 501.65x by shares. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) and BHNI (above Rs 10L).
What are Indo Farm Equipment IPO retail allotment chances?
Indo Farm Equipment IPO retail share subscription is 101.64x. Application data is needed for exact lottery chances.
What are Indo Farm Equipment IPO SHNI allotment chances?
Indo Farm Equipment IPO SHNI share subscription is 408.68x. Application data is needed for exact lottery chances.
What are Indo Farm Equipment IPO BHNI allotment chances?
Indo Farm Equipment IPO BHNI share subscription is 548.13x. Application data is needed for exact lottery chances.
When is Indo Farm Equipment IPO allotment date?
Indo Farm Equipment IPO allotment date is 3 January 2025. Check Indo Farm Equipment IPO Allotment Status on IPOwiz from that day using your PAN.
When does Indo Farm Equipment IPO subscription close?
Indo Farm Equipment IPO subscription closed on 2 January 2025. No new applications are accepted after the close.
What is Indo Farm Equipment IPO GMP today?
Indo Farm Equipment IPO GMP is ₹76 today (+35.35% over issue price ₹215). See live GMP on the Indo Farm Equipment IPO GMP Today page.
What is Indo Farm Equipment IPO issue price and lot size?
Indo Farm Equipment IPO issue price is ₹215 per share. Lot size is 69 shares. Minimum investment is ₹14,835 per lot. Issue size: ₹260.15 Cr.
When is Indo Farm Equipment IPO listing date?
Indo Farm Equipment IPO listing date is 7 January 2025 on NSE and BSE. Allotment is on 3 January 2025.
How does subscription affect Indo Farm Equipment IPO allotment?
In Indo Farm Equipment IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 101.79x overall, competition is very high.
For allotment results from 3 January 2025, visit the Indo Farm Equipment IPO Allotment Status page. For listing day updates on 7 January 2025, download the IPOwiz App.
Sources
We match Indo Farm Equipment IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.