The grey market premium (GMP) for Indo Farm Equipment IPO experienced a notable decline, dropping from ₹99 on the allotment day to ₹96 by January 5, according to data from Chittorgarh.com.

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.

Indo Farm Equipment Ltd IPO was subscribed 54.55 times on Day 2 of the subscription on Wednesday, reflecting strong investor participation. The Rs 260-crore issue, with a price band of Rs 204-215 per share,

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 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,

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's IPO saw strong investor demand, with subscriptions reaching 54.55 times on the initial bidding days. The retail segment was subscribed 45.76 times and non-institutional investors' portion 131.

The public issue has garnered strong interest in the unlisted market even before opening for subscription. The grey market premium on Indo Farm Equipment IPO stood at Rs 80 apiece at 8:02 a.m. on Dec. 30, according to InvestorGain. This implies a listing gain of 37.21% on the upper end of the price band if the current trends are sustained.

Indo Farm Equipment IPO allotment status: The basis of allotment of Indo Farm Equipment IPO shares is likely to be finalised today, Friday, January 3, 2025. The public offering closed for subscription on Thursday, January 2, 2025, receiving enthusiastic participation from investors with it getting oversubscribed by 229.68 times.