Indo Farm Equipment IPO Day 2: Check subscription status, GMP, price band and other details

January 1, 2025

The IPO of Indo Farm Equipment received strong investor response on its opening day, getting subscribed 6.94 times. The offering included both fresh shares and shares from the promoter. The funds will be used for pre-payment of borrowings, investment in a subsidiary, and general purposes. Shares are expected to list on January 7.

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