Indo Farm Equipment’s market entry on January 3 wasn’t groundbreaking, but it ticked all the right boxes. The stock listed at ₹256 on the NSE, offering a decent 19% premium over its IPO price of ₹215, while the BSE debut came in slightly higher at ₹258.40, marking a 20.19% bump. For an IPO that saw off-the-charts demand, this was a steady start. Speaking of demand, the IPO stats are nothing short of a blockbuster. With a subscription rate of 227.67 times, Indo Farm’s offering turned into a bidding frenzy. The retail segment was oversubscribed by 101.79 times, while non-institutional investors (NIIs) pushed their quota to a staggering 501.75 times. Meanwhile, Qualified Institutional Buyers (QIBs) weren’t far behind with a 242.4-times subscription. Anchor investors set the tone ahead of the IPO, pumping in ₹78.05 crore, which laid a strong foundation. Retail investors could get in on the action with a minimum investment of ₹14,835 for a lot of 69 shares—manageable yet enticing for first-time buyers. Aryaman Financial Services Limited played a key role as the lead manager, while Mas Services Limited handled the back-end as registrar. With the fresh capital, Indo Farm aims to not just boost production but also position itself as a stronger player in both manufacturing and finance.