Indo Farm Equipments Ltd.
Industry:
Automobiles-Tractors
Issue Details
Open Date
31 Dec 2024Close Date
02 Jan 2025Size (in Crs.)
182.105
Size (Shares)
-Listing On
BSE, NSE
Issue Terms
Price Range
-11Lot Size
69
Type
Book building
Face Value
10
Market Lot
1
Objective of the Issue
1) Setting up new Dedicated Unit for Expansion of our Pick & Carry Cranes Manufacturing Capacity2) Repayment or pre-payment, in full or part, of certain borrowings availed by our Company3) Further Investment in our NBFC Subsidiary (Barota Finance Ltd.) for financing the augmentation of its capitalbase to meet its future capital requirements.4) General Corporate Purposes
Description
Our products are being exported to various countries. Our total sales for last three financial years include around 93%domestic sales and around 7% export sales. Our ISO 9001:2015 certified manufacturing facilities are spread across127,840 sq. mtrs. of Industrial lands at Baddi, Himachal Pradesh which includes a captive foundry unit and dedicatedmachine shop, fabrication and assembling units for Tractors, pick & Carry Cranes and other equipments. Our facilitiesare equipped with induction furnaces, pneumatic mo... Show More
Address
Sco 859 , Nac Kalka Road , Manimajra
Chandigarh
160101
Promoter Holding
Promoters:
Ranbir Singh Khadwalia, Sunita Saini
Total Share Capital
36867640
Offered to Public
12100000
% Promoter's Holding (Pre-Issue)
93.45
% Promoter's Holding (Post-Issue)
69.44
Shares on offer
Total Share Offer
36867640
Of above offred to public
12100000
Post Issue shares
NA
Post Issue Promoters
69.44
Lead Managers to the Issue:
Aryaman Financial Services Ltd.
Registrar Details
Registrar Name:
MAS Services Ltd
Address
T-34 , 2nd Floor , Okhla Industrial Area , Phase - II , New Delhi
110020
Phone No.
011-26387281/82/83
-
Website
www.masserv.com
Fax
011-26387384