Indo Farm Equipment IPO Day 1 Live Updates: GMP, subscription status, other details. Apply or not as issue opens today

Indo Farm Equipment IPO Day 1 Live Updates: The initial public offering (IPO) of tractor manufacturer Indo Farm Equipment Ltd opens for subscription today, December 31, and will close on January 2. Indo Farm Equipment IPO price band has been set at 204 to 215 per share. At the upper-end of the price band, the company aims to raise 260.

15 crore from the book-built issue which is a combination of fresh issue of 86 lakh equity shares worth 184.90 crore and offer-for-sale of 35 lakh shares amounting to 75.25 crore.



The company has already raised 78 crore from anchor investors ahead of the issue opening. Stay tuned to our Indo Farm Equipment IPO Live blog for the latest updates. Indo Farm Equipment IPO Live: Issue opens for subscription today Indo Farm Equipment IPO Live: The initial public offering (IPO) of tractor manufacturer Indo Farm Equipment Ltd opens for subscription today, December 31, and will close on January 2.

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