Farm Peace IPO
Updated 11 Sept 2026, 5:03 pm.
Minimum investment (Individual investors (IND))
₹2,36,000
2 lots · 4,000 shares at the upper price band
Price band
₹59
Latest GMP
Not yet quoted
Est. listing price
—
Issue size
₹30.4 Cr
GMP history
Each point is a recorded observation from the scheduled data sync.
GMP is an unofficial, unregulated grey-market estimate — not a prediction of listing performance.
Issue details
- Board
- SME
- Price band
- ₹59
- Issue size
- ₹30.4 Cr
- Lot size
- 2,000
- Opens
- 1 Sept 2026
- Closes
- 3 Sept 2026
- Allotment
- 4 Sept 2026
- Listing
- 8 Sept 2026
- Est. listing price
- —
- Listing price
- Awaited
- Listing gain
- Awaited
- Registrar
- Bigshare Services Pvt.Ltd.
- Minimum investment
- ₹2,36,000 (2 lots · 4,000 shares)
- Face value
- ₹10 per share
- Issue type
- Fixed Price IPO
- Sale type
- Fresh capital only
- Listing at
- BSE SME
- Refunds
- 7 Sept 2026
- Shares credited
- 7 Sept 2026
- Promoter holding
- 73.96% before · 54.46% after
- Lead managers
- Socradamus Capital Pvt.Ltd.
Offer documents & links
Subscription by category
As of 3 Sept 2026, 1:24 pm.
Total subscription
1.16x
Full issue details
Details as published for this issue, read 11 Sept 2026, 4:58 am. Verify against the RHP before applying.
IPO Details
| IPO Date | 1 to 3 Sep, 2026 |
|---|---|
| Listed on | Tue, Sep 8, 2026 |
| Face Value | ₹ 10 per share |
| Issue Price | ₹59 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 54,24,000 shares (agg. up to ₹ 32 Cr) |
|---|---|
| Reserved for Market Maker | 2,72,000 shares (agg. up to ₹ 2 Cr) Shreni Shares Ltd. |
| Fresh Issue (Ex Market Maker) | 51,52,000 shares (agg. up to ₹ 30 Cr) |
| Net Offered to Public | 51,52,000 shares (agg. up to ₹ 30 Cr) |
| Share Holding Pre Issue | 1,51,55,296 shares |
| Share Holding Post Issue | 2,05,79,296 shares |
| BSE Script Code | 544905 |
| ISIN | INE0W2E01010 |
IPO Timetable
- IPO Open
- Tue, Sep 1, 2026
- IPO Close
- Thu, Sep 3, 2026
- Allotment
- Fri, Sep 4, 2026
- Refund
- Mon, Sep 7, 2026
- Credit of Shares
- Mon, Sep 7, 2026
- Listing
- Tue, Sep 8, 2026
Issue Reservation
| Investor Category | Shares | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) | 25,76,000 | 50.00% | 47.49% |
| Retail | 25,76,000 | 50.00% | 47.49% |
| Firm Reservations | |||
| Market Maker | 2,72,000 | — | 5.01% |
| Total | 54,24,000 | 100.00% | 100.00% |
Farm Peace IPO comprises a total issue size of 54,24,000 shares. The net offer to the public is 51,52,000 shares, after excluding 2,72,000 shares allotted on a firm basis. Of the Net offer 25,76,000 (50.00%) allocated to NII 25,76,000 (50.00%) allocated to RII .
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 4000 | ₹2,36,000 |
| Individual investors (IND) (Max) | 2 | 4000 | ₹2,36,000 |
| HNI (Min) | 3 | 6000 | ₹3,54,000 |
Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof.
IPO Subscription Details
About Farm Peace Ltd.
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
Company Financials (Restated)
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| 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 and Surplus | 28.32 | 32.16 | 6.52 |
| Total Borrowing | 11.28 | 2.46 | 7.12 |
| Amount in ₹ Crore |
Farm Peace Ltd.'s revenue increased by 14% and profit after tax (PAT) rose by 13% between the financial year ending with March 31, 2026 and March 31, 2025.
Recently Listed IPOs in Other Agricultural Products
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Dhanwel Hybrid Seeds Ltd. | SME | ₹26.73 Cr | ₹99 | 10.37 | ₹94.05 | -5.00% | ₹44.27 |
| Adon Agro Commodities Ltd. | SME | ₹44.03 Cr | ₹70 | 16.22 | ₹82.16 | +17.37% | ₹102.94 |
| M R Maniveni Foods Ltd. | SME | ₹27.04 Cr | ₹52 | 18.11 | ₹41.13 | -20.90% | ₹25.35 |
| NFP Sampoorna Foods Ltd. | SME | ₹24.53 Cr | ₹55 | 16.81 | ₹51.80 | -5.82% | ₹22.05 |
| Stanbik Agro Ltd. | SME | ₹12.28 Cr | ₹30 | 5.9 | ₹33.33 | +11.10% | ₹24.00 |
| Unisem Agritech Ltd. | SME | ₹21.45 Cr | ₹65 | 12.21 | ₹61.75 | -5.00% | ₹48.90 |
| Shreeji Global FMCG Ltd. | SME | ₹85.00 Cr | ₹125 | 16.42 | ₹101.70 | -18.64% | ₹194.80 |
| BharatRohan Airborne Innovations Ltd. | SME | ₹45.04 Cr | ₹85 | 16.38 | ₹91.99 | +8.22% | ₹121.00 |
| Amir Chand Jagdish Kumar (Exports) Ltd. | Mainboard | ₹440.00 Cr | ₹212 | 28.86 | ₹180.00 | -15.09% | ₹185.11 |
| Trualt Bioenergy Ltd. | Mainboard | ₹839.28 Cr | ₹496 | 23.89 | ₹530.95 | +7.05% | ₹419.65 |
View More »
IPO Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding incremental working capital requirements | 23.00 |
| 2 | General Corporate Purposes | 4.80 |
| 3 | Issue expenses | 4.20 |
| Total | 32.00 |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Key Performance Indicator (KPI)
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 18.96% |
| ROCE | 26.64% |
| Debt/Equity | 0.26 |
| RoNW | 17.32% |
| PAT Margin | 8.41% |
| EBITDA Margin | 13.74% |
| NAV | 28.69 |
| Price to Book Value | 2.06 |
IPO Valuation
| Valuation Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 4.97 | 3.66 |
| P/E (x) | 11.87 | 16.12 |
| Market Cap at Offer Price | ₹89Cr. | ₹219.17 Cr |
Disclaimer
The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP.
The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP.
Shareholding Structure
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 73.96% | 54.46% |
| Public | 26.04% | 45.54% |
| Total | 100% | 100% |
Company Promoters: Sandipkumar Narsinhbhai Patel, Sudhir Haribhai Patel, Girishbhai Faljibhai Patel and Kulin Kiran Patel.
Farm Peace IPO Recommendations
| Review By | Subscribe | May Apply | Neutral | Avoid |
|---|---|---|---|---|
| Brokers | 0 | 0 | 0 | 0 |
| Members | 0 | 0 | 0 | 0 |
IPO Subscription Status
| Category | Subscription (x) | Shares Offered | Shares bid for | Total Applications |
|---|---|---|---|---|
| NII * | 1.73 | 25,76,000 | 44,44,000 | 0 |
| Individual Investor | 0.59 | 25,76,000 | 15,16,000 | 0 |
| Total | 1.16 | 51,52,000 | 59,60,000 | 480 |
The Farm Peace IPO is subscribed 1.16 times on September 3, 2026 6:54:22 PM (Day 3). The public issue subscribed 0.59 times in the individual investors category, [.] times in the QIB category, and 1.73 times in the NII category. Check Day by Day Subscription Details (Live Status)
Reload
Total Applications: 480
*Market Maker portion is not included to NII/HNI.
IPO Expenses
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Manager fees including underwriting commission | 1.90 |
| 2 | Brokerage, selling commission and upload fees | 0.01 |
| 3 | Registrar to the Issue | 0.01 |
| 4 | Legal Advisors | 0.02 |
| 5 | Advertising and marketing expenses | 1.85 |
| 6 | Regulators including stock exchanges | 0.09 |
| 7 | Printing and distribution of issue stationery | 0.01 |
| 8 | Others, if any (market making, depositories, secretarial, peer review auditors) | 0.32 |
| Total | 4.20 |
Listing Day Trading Information
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹ 59.00 |
| Open | ₹ 112.10 |
| Low | ₹ 106.50 |
| High | ₹ 117.70 |
| Last Trade | ₹ 106.50 |
Check IPO Performance…
IPO Registrar
Bigshare Services Pvt.Ltd.
8657578989/8069219065/8069219060
ipo@bigshareonline.com
IPO Lead Manager(s)
Socradamus Capital Pvt.Ltd.
Contact Details
Farm Peace Ltd. Address
12, Manu Panchal Industrial Estate,
Nr. Indira Nagar, Amraiwadi Road
Ahmedabad, Gujarat , 380026
079 - 2991 7018
investors@farmpeace.in
Farm Peace IPO in the news
Recent coverage in the financial press. Headlines are the publishers' own; verify details with the RHP.
Farm Peace Lists On BSE SME Platform With Nearly 90% Gain
BW Businessworld · 9 Sept 2026
BSE SME Farm Peace reaps premium listing
Business Standard · 8 Sept 2026
Farm Peace Shares Make Stellar Debut, Lists With 90% Premium At Rs 112.1 On BSE SME
NDTV Profit · 8 Sept 2026
Fly-Hi Maritime, Farm Peace SME shares to list today: Here's what GMP suggests ahead of listing
economictimes.com · 8 Sept 2026
Farm Peace IPO Allotment: Check Your IPO Application status, Subscription Data and Share Allocation Online
HDFC Sky · 7 Sept 2026
