New Delhi, Dec. 31 -- The initial public offering (IPO) of Indo Farm Equipment Limited has hit the Indian primary market today. Bidding for the Indo Farm Equipment IPO will begin today at 10:00 AM and remain open until 5:00 PM on 2 January 2025. The company has declared an Indo Farm Equipment IPO price band of Rs.204 to Rs.215 apiece. The tractor-maker company aims to raise Rs.260.15 crore from this public issue, a mix of fresh shares and offers for sale (OFS).

Meanwhile, the grey market is signalling positive trends on the Indo Farm Equipment IPO opening date. According to stock market observers, Indo Farm Equipment Limited shares are available at a premium of Rs.82 in the grey market today.

1] Indo Farm Equipment IPO GMP: According to...