Indo Farm Tools IPO subscription standing: Indo Farm Tools’s IPO which opened for subscription on Tuesday, December 31, 2024, was oversubscribed 36.78 occasions up to now on the second day bidding course of. In accordance with the BSE knowledge, it obtained a bid for 31,15,35,483 shares in opposition to 84,70,000 shares till 1:24 pm.
Class-wise, the Retail Particular person Traders (RIIs) portion fetched 14,56,75,698 shares or 34.40 occasions in opposition to 42,35,000 shares, reserved for them. In the meantime, the Non-Institutional Traders (NIIS), also referred to as HNIs, utilized bids for 13,99,98,378 shares or 77.13 occasions in opposition to 18,15,000 shares, allotted for the class.
Certified Institutional Patrons (QIBs), nevertheless, have proven minimal participation up to now by bidding for two,58,61,407 shares or 10.69 occasions in opposition to 24,20,000 shares.
In accordance with the exchanges knowledge, the best bid from traders was positioned at Rs 204, whereas then again, the bottom bid was positioned on the cut-off value.
Indo Farm Tools IPO Key Particulars: Lot measurement, allotment date and different particulars
The lot measurement of the IPO is 69 shares and in a number of thereof. The worth has been fastened between Rs 204 and Rs 215.
Indo Farm Tools IPO | Allotment date
The allotment date of Indo Farm Tools IPO is fastened on Friday, January 3, 2025.
Indo Farm Tools IPO | Itemizing Date
The Indo Farm Tools IPO inventory will debut on Tuesday, January 7, 2025.
BRLMs & registrar
Ebook Operating Lead Managers (BRLMs): Aryaman Monetary Companies Ltd.
Official Registrar: MAS Companies Ltd
