The Indo Farm Equipment IPO allotment status is now available as the basis of allotment has been finalized. Investors who applied for the IPO can check their allotment status online starting Friday, January 3, 2025. The allotment can be accessed through the official website of Mas Services Limited, the registrar of the IPO, or via the BSE and NSE websites. This follows the IPO’s robust performance, which closed on January 2, 2025, with an overwhelming subscription of 227.57 times.The price band was set at ₹204-215 per share.
After checking the Indo Farm Equipment IPO Allotment Status, you can explore how the company performed post-listing. For a detailed update on the stock’s performance and key insights after its debut on the NSE, read our article on Indo Farm Equipment IPO Listing
Overview of Contents
Indo Farm Equipment IPO Subscription Status
The Indo Farm Equipment IPO saw massive demand with an overall subscription of 229.68 times. QIBs subscribed 242.40 times, NIIs 503.83 times, and RIIs 104.92 times. The IPO received bids for over 1.94 crore shares against an offer of 84.7 lakh shares, reflecting strong investor confidence across all categories.
Check Indo Farm Equipment IPO Allotment Links
Masserv: | Masserv IPO Allotment Page |
BSE, NSE: | BSE IPO Allotment Page |
Equity Market Insights | IPO Allotment Status Page |
Step 1: Check Indo Farm Equipment IPO Allotment Status on Mas Services (Registrar’s Website)
- Visit the Mas Services IPO allotment page at masserv.com.
- From the drop-down menu, select ‘Indo Farm Equipment IPO’.
- Choose one of the identification options: PAN Number, Application Number, or DP ID/Client ID.
- Enter the corresponding details as per your selection.
- Click on the ‘Search’ button.
- The allotment details will be displayed on your screen (mobile/desktop).
Step 2: Check Indo Farm Equipment IPO Allotment Status on BSE (Stock Exchange Website)
- Navigate to the BSE IPO Allotment page at bseindia.com.
- Select ‘Indo Farm Equipment IPO’ from the drop-down menu.
- Provide your PAN Number, Application Number, or DP ID/Client ID.
- Click on the ‘Search’ button to view the allotment status.
- Your allotment details will appear on your device.
Step 3: Verify Indo Farm Equipment IPO Allotment Status in Your Demat Account
- Log in to your Demat or Trading Account through your broker’s platform.
- Check your portfolio to see if the allotted shares have been credited.
- If shares have been allotted, they will be reflected in your Demat account balance.
Step 4: Confirm Indo Farm Equipment IPO Allotment Through Your Bank Account
- Log in to your bank account used for the IPO application.
- Check your account’s Balance Tab:
- If shares are allotted, the IPO amount will be debited from your account.
- If not allotted, the blocked amount will be released back to your account.
- For successful allotments, you may receive an SMS from your bank with a message like:
“Dear Customer, [Bank Name] Account [XXXX] is debited with INR [XXXX.XX] on [Date]. Info: Indo Farm Equipment IPO. The available balance is INR [XXXX.XX].”
IPO Dates
IPO Open Date | Tuesday, December 31, 2024 |
IPO Close Date | Thursday, January 2, 2025 |
Basis of Allotment | Friday, January 3, 2025 |
Initiation of Refunds | Monday, January 6, 2025 |
Credit of Shares to Demat | Monday, January 6, 2025 |
Listing Date | Tuesday, January 7, 2025 |
Cut-off time for UPI mandate confirmation | 5 PM on January 2, 2025 |
About Company
Incorporated in 1994, Indo Farm Equipment Limited manufactures tractors, cranes, and harvesting machinery under the brands Indo Farm and Indo Power, exporting to Nepal, Syria, and more. Its Baddi facility in Himachal Pradesh has a production capacity of 12,000 tractors and 720 cranes annually, with plans to expand. The company reported ₹370.76 crore revenue and ₹15.56 crore profit in FY 2023, reflecting strong growth.
Indo Farm Equipment IPO Allotment Status FAQs
How can I check the Indo Farm Equipment IPO allotment status on Mas Services?
Visit masserv.com, select the IPO name, enter your details (PAN, Application Number, or DP ID), and click ‘Search’ to view your status.
How do I check the IPO allotment on BSE?
Go to bseindia.com, select the IPO, enter your PAN or Application Number, and click ‘Search’ to see the allotment details.
Can I check the allotment in my Demat account?
Yes, log in to your Demat account and check if the allotted shares are credited to your portfolio.
How can I confirm the allotment through my bank account?
Log in to your bank account. If allotted, the IPO amount will be debited; otherwise, the blocked amount will be released.
When will the Indo Farm Equipment IPO allotment status be available?
The allotment status can be checked starting Friday, January 3, 2025.