Indo Farm Equipment IPO listing date is today, January 7 and the shares will be listed on both the stock exchanges, BSE and NSE. Ahead of the Indo Farm Equipment share listing today, the trends in the grey market and experts signal a strong debut of shares.

Indo Farm Equipment shares extended their gains after listing. At 3:00 PM on Tuesday, the stock was trading at Rs 276.11 per share on the NSE

Indo Farm Equipment shares listed at Rs 258.40 apiece on the BSE, and Rs 256 apiece on the NSE, against the issue price of Rs 215 per share

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,

Indo Farm Equipment’s shares reached ₹293.20 on January 8, 2025, marking a 36 per cent increase from its IPO price of ₹215, on its second day of trading on the stock exchanges. The stock opened at ₹276.44 and recorded a low of ₹275.00 during the session.

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.

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 grey market premium (GMP) indicate a favorable debut for Indo Farm Equipment shares on the BSE and NSE, scheduled for Tuesday, January 7, 2025

Indo Farm Equipment's shares debuted with a premium of over 20%, seeing robust demand from investors. The IPO was highly oversubscribed, driven by the company's expansion with improved dealer network and crane manufacturing capabilities.

Indo Farm Equipment will use the IPO proceeds to strengthen its dealer network, which is expected to drive higher tractor sales in the future.