IPO details · Updated
Farm Peace Limited
- Price Band
- ₹59
- Lot Size
- 2,000 shares
- Min. Investment
- ₹1,18,000
- Issue Size
- ₹32 Cr
- Offer Dates
- 1 Sept – 3 Sept 2026
- Listing
- 8 Sept 2026
Issue Details
- Total Issue Size
- ₹32 Cr
- 54,24,000 shares
- Fresh Issue
- ₹32 Cr
- 54,24,000 shares
- Offer for Sale
- ₹0 Cr
- Face Value
- ₹10 per share
- Issue Type
- Book-built IPO
- Listing At
- BSE SME
- Shares Pre-Issue
- 1,51,55,296
- Shares Post-Issue
- 2,05,79,296
IPO Timeline
Offer opens
1 Sept 2026
Offer closes
3 Sept 2026
Allotment
4 Sept 2026
Listing
8 Sept 2026
Issue Allocation
Share of the offer reserved for each investor category
- HNI47.5%25,76,000 shares
- Retail47.5%25,76,000 shares
- MarketMaker5.0%2,72,000 shares
Subscription Status
Times subscribed by investor category
| Category | Offered | Bids | Subscribed |
|---|---|---|---|
| NII | 25,76,000 | 44,56,480 | 1.73x |
| Retail | 25,76,000 | 15,19,840 | 0.59x |
| Total | 51,52,000 | 59,76,320 | 1.16x |
Lot Size & Investment
1 lot = 2,000 shares
Retail (min)
2 lots · 4,000 shares
Retail (max)
2 lots · 4,000 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 2 | 4,000 | ₹2,36,000 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Assets | 99.84 | 69.32 | 31.76 |
| Total Income | 90.84 | 79.98 | 62.75 |
| Profit After Tax | 7.53 | 6.66 | 6.16 |
| EBITDA | 12.48 | 9.26 | 9.27 |
| Net Worth | 43.48 | 35.95 | 9.04 |
| Reserves & Surplus | 28.32 | 32.16 | 6.52 |
| Total Borrowing | 11.28 | 2.46 | 7.12 |
Key Performance Indicators
| Period | Mar-26 |
|---|---|
| ROE (%) | 18.96 |
| ROCE (%) | 26.64 |
| EPS (₹) | 4.97 |
| P/E (pre-issue) | 11.87 |
| P/E (post-issue) | 16.12 |
About Farm Peace Limited
Incorporated in October 2021, Farm Peace is an integrated contract farming company focused on processed-grade potato varieties like Santana, Frysona, Innovators, Lady Rosetta, and Chipsona. These potatoes are supplied to processing companies for French fries, chips, and other value-added products. Operating under the “Farm Peace” brand, the company work closely with farmers in Gujarat through a 100% buy-back model . It provide certified seeds, agronomic support, fertilizers, pesticides, and modern farming techniques like drip irrigation to help farmers improve yields and reduce risks. In return, it assure them of buying their produce at pre-agreed prices, protecting them from market fluctuations. The company supports farmers at every stage—seed selection, soil preparation, irrigation, pest management, harvesting, and post-harvest handling. With cold storage and temperature-controlled logistics, it ensures quality produce reaches processors without losses. As of August 2026, the company operates mainly in Gujarat, India, under the “ Farm Peace ” brand, cultivating over 5,660 acres and producing 61,680 metric tonnes of potatoes annually. Contract Farming Model with 100% Buy-Back Assurance Agro-Climatic Advantage of Gujarat for Processing-Grade Potato Cultivation Strong and Expanding Farmer Network and Buia Long-Lasting Relationship End-to-End Farming Support covering planning to post-harvest Experienced Promoters and Management Team
Objects of the Issue
- Funding incremental working capital requirements (₹23.00 Cr)
- General Corporate Purposes (₹4.80 Cr)
- Issue expenses (₹4.20 Cr)
Promoters
- <p>Sandipkumar Narsinhbhai Patel
- Sudhir Haribhai Patel
- Girishbhai Faljibhai Patel
- Kulin Kiran Patel</p>
Company Information
- Book running lead managers
- Socradamus Capital Pvt.Ltd.
- Registered office
- 12, Manu Panchal Industrial Estate,, Nr. Indira Nagar, Amraiwadi Road, Ahmedabad, Gujarat, 380026
- Market maker
- Shreni Shares Ltd.
Official Documents
Opens the source filing in a new tab
Similar IPOs
Disclaimer: Data on OpenIPO is for information only and is not investment advice. OpenIPO is not a SEBI-registered entity. GMP figures are unofficial estimates and may change. Verify all details against the company RHP and the official registrar before investing.