Indo Farm Equipment IPO triggered a high level of enthusiasm among investors and garnered subscription of 227.67 times overall. In the retail category, the issue was subscribed 101.79 times, in the in QIB category 242.4 times in the NII category 501.75 times.
The last date of bidding for the IPO was Thursday, January 2. Those who will get allotment will get shares credited to their demat accounts on January 6, and unsuccessful bidders will get refund of their application money on the same day. Listing of Indo Farm Equipment shares will take place on BSE, NSE with tentative listing date fixed as Tuesday, January 7, 2025.
How to check Indo Farm Equipment IPO allotment on BSE
Please note that investors can find out the allotment status both via the BSE website or portal of Mas Financial Services, the registrar to the issue. The following are the steps to check at the BSE website.
ONE: Visit the BSE portal. Proceed to the “IPO allotment” window.
TWO: Click on ‘Equity’ as issue type.
THREE: Check dropdown menu and click on ‘Indo Farm Equipment’.
FOUR: Type in your PAN or application number.
FIVE: By clicking ‘Search’ you can view status.
How to check Indo Farm Equipment IPO allotment on registrar’s website
ONE: Go to the website of Mas Financial Services, the registrar to the issue. Click IPO allotment.
TWO: Choose ‘Indo Farm Equipment’ from a dropdown menu.
THREE: Type in your PAN or Client ID/DP.
FOUR: Click ‘Submit’ to check allotment status.
Set up in 1994, Indo Farm Equipment manufactures tractors, pick & carry cranes and harvesting equipment. It has a factory in Baddi, Himachal Pradesh that includes a foundry, machine shop, and assembly units. The company exports its their products to countries like Nepal, Syria, Sudan, Bangladesh, Myanmar and other countries.
(Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)
Allotment for Indo Farm Equipment IPO will take place today, January 3, 2025. Indo Farm Equipment IPO garnered massive subscriptions that generated application money about 227.67 times the Rs 260.15 crores. Please read on to know how you can check whether you are fortunate to get the allotment. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
