Indo Farm Equipment IPO listing is set for January 7, following a highly oversubscribed offering. Non-institutional investors led the demand, with subscriptions at 501.65 times. The grey market premium suggests a strong debut,

The IPO will finalise the shares allotment today to the bidders. Catch all the live updates on our live blog to stay informed.

Indo Farm Equipment is selling its shares in the price band of Rs 204-215 apiece, which could be applied for a minimum of 69 shares and its multiples to raise a total of Rs 260.15 crore.

Indo Farm Equipment IPO allotment status online can be checked on BSE and NSE websites as well as on the official portal of the IPO registrar. Mas Services is the Indo Farm Equipment IPO registrar.

The latest grey market premium (GMP) of Indo Farm signals a nearly 45% premium listing. The IPO will be listed on stock exchanges next week.

Unlisted shares of Indo Farm Equipment Ltd are currently trading at Rs 305 per share in the grey market, which is Rs 90 or 41.86 per cent higher than the IPO issue price of Rs 215. It indicates a strong listing on January 7.

Indo Farm Equipment IPO shares are all set to hit the bourses on January 07. The company’s stock was fetching a premium of 42% in the grey market to its issue price a day ahead of listing, indicating a listing price of around Rs 305.

The Indo Farm Equipment IPO, which concluded on January 2, has captured strong attention from investors, reflecting robust demand across all segments. Oversubscribed by 229.68 times, the IPO witnessed bids for 1,