What is the process to apply for the Indo Farm Equipment IPO?
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Log in to Bajaj Broking, navigate to the IPO section, select the IPO, fill in bid details, and confirm payment using UPI.
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Applying for the Indo Farm Equipment IPO is a straightforward process, offering investors the opportunity to participate in the public offering. The IPO subscription period runs from December 31, 2024, to January 2, 2025. Priced between ₹204 and ₹215 per share, the minimum lot size is 69 shares, requiring an initial investment of ₹14,835. Investors must have an active Demat account to hold the shares and a valid UPI ID for payment authorization.
To complete your application, follow the step-by-step process on Bajaj Broking’s platform. Carefully review your application details before submission to avoid errors. For more information, visit the Indo Farm Equipment IPO page on Bajaj Broking.
The application process is simple and can be completed in a few steps via Bajaj Broking’s platform.
Step 1: Login to Your Trading Platform
Log in to your trading account on the Bajaj Broking platform via the app or website.
Step 2: Navigate to the IPO Section
Go to the IPO section to view the list of active public issues.
Step 3: Select the Open IPO and Click Apply
Locate "Indo Farm Equipment IPO" and click on the ‘Apply’ button.
Step 4: Enter the Quantity of Shares You Wish to Apply For
Specify the number of shares (minimum lot size: 69 shares).
Step 5: Provide Your UPI ID
Enter your UPI ID for payment authorization. Ensure sufficient funds are available in your linked account.
Step 6: Confirm the Application
Review all the details, including the lot size and bid amount, before submitting.
Step 7: Complete the Process and Wait for Allotment
Submit the application and approve the UPI mandate before 5 PM on January 2, 2025.
Investors can check the Indo Farm Equipment IPO Allotment Status through the registrar’s website or Bajaj Broking’s platform. Follow these steps:
Step 1: Visit the Official Website of the IPO's Registrar
Access the Mas Services Limited website.
Step 2: Navigate to the IPO Allotment Status Page
Locate the "Allotment Status" section on the website.
Step 3: Enter Your PAN Number, Demat ID, or Application Number
Fill in the required details to access the status.
Step 4: Click on 'Submit' or 'Check Status'
Submit the details to view your allotment status.
Step 5: Alternative Check on Stock Exchange Websites
Visit the BSE or NSE websites to verify the status using your application number or PAN.
Step 6: Check via Bajaj Broking Website
Log in to the Bajaj Broking platform and navigate to the IPO section to check your IPO Allotment Status.
Indo Farm Equipment Limited is a prominent manufacturer of tractors, pick-and-carry cranes, and agricultural equipment. Founded in 1994, the company caters to both domestic and international markets, exporting its products to countries such as Nepal, Syria, and Bangladesh.
The Indo Farm Equipment IPO is a book-built issue aiming to raise ₹260.15 crores, including a fresh issue of ₹184.90 crores and an offer for sale of ₹75.25 crores. The IPO subscription period is from December 31, 2024, to January 2, 2025. Shares are priced in the range of ₹204 to ₹215, with a minimum lot size of 69 shares, requiring an investment of ₹14,835.
The IPO proceeds will be utilized for manufacturing expansion, debt repayment, and investment in the company’s NBFC subsidiary. Investors can track the Indo Farm Equipment IPO Allotment Status once the allotment process is finalized.
Indo Farm Equipment’s diversified product portfolio and strategic focus on operational efficiency aim to support its long-term growth plans.
Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.
This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
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Log in to Bajaj Broking, navigate to the IPO section, select the IPO, fill in bid details, and confirm payment using UPI.
Yes, a valid Demat account is required to hold shares of the Indo Farm Equipment IPO. Bajaj Broking offers a seamless platform for this process.
Physical form applications are not accepted. Investors can apply online through ASBA or trading platforms like Bajaj Broking.
A PAN card, active Demat account, and UPI ID are essential to apply for the IPO.
Payment is made through UPI during the application process. Ensure sufficient funds are available in your linked account.
Once the UPI mandate is approved, you will receive confirmation through your trading platform or Bajaj Broking notifications.
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