₹204 to ₹215 per share. At the upper-end of the price band, the company aims to raise ₹260.15 crore from the book-built issue which is a combination of fresh issue of 86 lakh equity shares worth ₹184.90 crore and offer-for-sale of 35 lakh shares amounting to ₹75.25 crore.
The company has already raised ₹78 crore from anchor investors ahead of the issue opening. Stay tuned to our Indo Farm Equipment IPO Live blog for the latest updates.Indo Farm Equipment IPO Live: The initial public offering (IPO) of tractor manufacturer Indo Farm Equipment Ltd opens for subscription today, December 31, and will close on January 2.
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