Indo Farm Gear declares IPO within the value band of ₹204 to ₹215

Indo Farm Gear Ltd which is into manufacturing of tractors and different choose and carry cranes amongst others has introduced choice to enter the capital market with an Preliminary Public Providing (IPO) within the value band of ₹204 to ₹215 per fairness share of face worth of ₹10 every.

The problem will open on Monday, December 30, 2024 and shut on Thursday, January 2, 2025. Bids might be made for no less than 69 fairness shares and multiples of 69 shares thereafter.

The IPO includes of a recent situation of as much as 86 lakh fairness shares and an Provide For Sale (OFS) of as much as 35 lakh fairness shares by Ranbir Singh Khadwalia, the promoter promoting shareholder.