Indo Farm IPO Allotment Today: GMP Delights Investors After 227X Subscription

Indo Farm IPO Review	Indo Farm IPO GMP
Indo Farm IPO Subscription	Indo Farm Equipment IPO Shatters Records with 227 Times Subscription

The Indo Farm IPO allotment status is now available. Allotment status has been made available today, as per the timeline provided in the red herring prospectus (RHP) of the IPO.

The grey market premium (GMP) for Indo Farm Equipment has surged to approximately INR 92, indicating a potential listing gain of around 43% for investors. This suggests that shares could debut at about INR 307 in the market. Such robust performance reflects positive investor sentiment, following a remarkable subscription rate of 227.51 times during the IPO period, and gets bids of INR 59,187 crores. This trend indicates that investors anticipate an impressive listing of Indo Farm Equipment shares, which are expected to be listed on 7 January 2025. Once the allotment process is finalized and refunds are initiated, shares will likely be credited into successful investors’ demat accounts by 6 January.

Indo Farm Equipment IPO has attracted significant interest from investors, achieving a remarkable subscription rate by the closing day on 2 January 2025. This strong demand highlights the market’s confidence in the company. Breaking down the subscriptions by investor category, Non-Institutional Investors (NIIs) subscribed an impressive 501.63 times, while Qualified Institutional Buyers (QIBs) showed robust demand at 242.40 times. In contrast, Retail Individual Investors (RIIs) subscribed 101.52 times.

Here are a few methods to verify the Indo Farm IPO allotment status.

#1 Registrar Website – Most effective way to check Indo Farm IPO allotment status

After an IPO has finished accepting subscriptions, the issue registrar takes over the next steps. The registrar handling this case is MAS Services. Investors can easily visit its website and navigate to Indo Farm from a list of options provided to check their allotment status by entering any of the details given.

• PAN
• IPO Application Number (CAF Number)
• Beneficiary ID (NSDL or CDSL Demat Account Number)

Registrar websites can get busy during allotment days and may slow down significantly; however, MAS Services seems to have a reliable infrastructure, in place to handle that load better than most others do in such situations. Nevertheless, it is always advisable to explore multiple options.

#2 BSE Website

You can also verify the status of the Indo Farm IPO allotment by visiting the IPO allotment page on the BSE website. However, investors need to have both the application number and PAN to check using this method. Just choose equity select the IPO enter your application number and PAN to view the status.

The Bombay Stock Exchange (BSE) boasts a website infrastructure that ensures investors encounter minimal issues, like slow loading times or unresponsiveness when using it.

#3 Bank Account Debit/Removal of Lien

If you haven’t found what you’re looking for yet in your search results up to now, it could be worth checking your bank account. Many banks have systems in place and send updates on account balances to customers through various means such, as text messages. So you might not even have to log in to banking.

Suppose the investor’s request has been approved successfully. In that case, their application is accepted for a single lot in the Indo Farm IPO at INR 14,835 per lot will be debited from their account accordingly. If the application is not successful the amount that was put on hold for the application will reflect as an increase in the bank account balance.

Upon allocation of shares in an IPO, the balance in the bank account decreases by the corresponding sum of money allocated for the shares purchased. It is crucial to understand that the process of IPO allotment and the subsequent deduction of funds, from a bank account are occurrences; however, there are instances where these events occur almost simultaneously.

#4 Credit of Shares in Demat Account

If everything else has failed, you can check your demat account for credit of shares. However, this approach is the slowest of all the methods. In many cases, shares may be credited on the day of listing as well, effectively taking away all the fun of allotment.

Indo Farm IPO Allotment FAQs