Indo Farm Equipment Ltd

Past performance
Performance overview
About Indo Farm Equipment Ltd Indo Farm Equipment Limited, established in 1994, is a prominent Indian manufacturer specializing in tractors, pick-and-carry cranes, and a variety of farm equipment such as harvester combines, rotavators, and related components. The company's fully integrated production facility in Baddi, Himachal Pradesh, includes sophisticated infrastructure like a captive foundry unit, machining centers, fabrication, and assembly units. This enables end-to-end manufacturing capabilities, supported by advanced technology such as induction furnaces, pneumatic molding machines, and a dedicated machining and quality testing laboratory. Indo Farm commenced tractor production in 2000, launching its first model, the 2050 DI, in 2001, and has since expanded its product portfolio significantly to meet the evolving needs of the agricultural and construction industries. Over the years, the company has also diversified into crane manufacturing, green gensets production, and orchard-specific tractors. Indo Farm has continuously updated its product lineup, with notable recent launches including the 100 HP tractors, 1026e tractor models, and FN series pick-and-carry cranes. To strengthen its market presence, the company established a subsidiary, Barota Finance Limited, in 2017, enabling retail financing solutions for its customers. This strategic move facilitates easier access to its products in the growing rural and semi-urban markets. Indo Farm has consistently demonstrated innovation through its technological advancements and diverse product launches, such as BS-IV-compliant tractors and heavy-load cranes up to 23 tons. The company is now leveraging its market position and growth trajectory by proposing an initial public offering (IPO) comprising 14,000,000 equity shares, which includes 10,500,000 fresh issue shares and 3,500,000 shares through an Offer for Sale. This IPO aims to bolster its capital for expansion and strengthen its competitive edge in the agricultural and construction equipment sectors.
Website indofarm.in
Founded 1994
Headquarters Chandigarh