Farm Peace IPO: Issue Price, Dates & Key Details
Farm Peace IPO: Check Issue Price, Dates, Lot Size, GMP and Key Details
Farm Peace Limited is set to enter the public market through its SME IPO. The Ahmedabad-based company operates an integrated contract farming model focused primarily on processed-grade potato varieties used in products such as French fries, chips and other value-added potato products.
The company works closely with farmers throughout the cultivation cycle, providing support in areas such as seed selection, soil preparation, irrigation, pest management and harvesting. It also uses buy-back arrangements to create a more organised supply chain between farmers and food processing companies.
The IPO proceeds are primarily intended to support the company's working capital requirements and other corporate needs.
| Particulars | Details |
|---|---|
| Issue Type | SME IPO |
| Exchange | BSE SME |
| Issue Size | Rs 32 crore |
| Fresh Issue | Rs 30.40 crore |
| Face Value | Rs 10 per equity share |
| Issue Price | Rs 59 per share |
| IPO Open Date | September 1, 2026 |
| IPO Close Date | September 3, 2026 |
| Tentative Allotment Date | September 4, 2026 |
| Tentative Listing Date | September 8, 2026 |
| Lot Size | 2,000 shares |
| Minimum Retail Application | 2 lots or 4,000 shares, amounting to Rs 2.36 lakh at the issue price |
| Lead Manager | Socradamus Capital Private Limited |
| Registrar | Bigshare Services Private Limited |
Objectives of the Farm Peace IPO
Farm Peace plans to utilise the IPO proceeds primarily to support its growing business operations.
- Incremental Working Capital Requirements: RS 23 crore
- General Corporate Purposes: RS 4.80 crore
- Issue-Related Expenses: Approximately RS 4.20 crore
The significant allocation towards working capital reflects the nature of Farm Peace's business, which involves procurement, cultivation cycles, storage and the supply of potatoes to processing companies.
Who Owns Farm Peace?
Farm Peace Limited is promoted by Sandipkumar Narsinhbhai Patel, Sudhir Haribhai Patel, Girishbhai Faljibhai Patel and Kulin Kiran Patel. Together, the promoters held approximately 73.96% of the company before the IPO, according to available IPO data.
Since the IPO is a fresh issue of shares, the promoters are not selling their existing shares through the public offering. However, their percentage ownership will reduce after the issue due to the creation of new equity shares. The post-IPO promoter holding is estimated at around 54.46%.
Is There Any Reserved Quota for Existing Shareholders?
No separate shareholder reservation has been provided for existing shareholders of Farm Peace or any other listed company.
The issue structure includes:
- 50% of the net issue for individual investors
- 50% of the net issue for non-individual investors
- A separate reservation for the market maker
Therefore, unlike some mainboard IPOs that may provide a shareholder quota, the Farm Peace IPO does not offer a separate reserved category for existing shareholders.
Farm Peace Company Snapshot
| Particulars | Details |
|---|---|
| Company Name | Farm Peace Limited |
| Incorporated | October 20, 2021 |
| Headquarters/Registered Office | Ahmedabad, Gujarat |
| Industry | Agriculture and Contract Farming |
| Managing Director | Sandipkumar Narsinhbhai Patel |
| Chairman | Sudhir Haribhai Patel |
| Core Business | Processed-grade potato contract farming and supply |
Farm Peace's Business Model
Farm Peace specialises in potato varieties such as Santana, Frysona, Innovators, Lady Rosetta and Chipsona. These varieties are cultivated primarily for supply to food processing companies involved in the production of French fries, chips and other potato-based products.
The company follows an integrated contract farming approach and provides farmers with cultivation guidance, seeds, technical support and buy-back arrangements.
Its business model aims to provide processors with a more consistent supply of processed-grade potatoes while reducing some of the market uncertainty faced by farmers.
Disclaimer
Investments in the securities market are subject to market risks. Read all related documents carefully before investing. Registration granted by SEBI, and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors. Choice Equity Broking Private Limited: SEBI Reg No. Broking - INZ000160131 ( BSE - 3299 ) | ( NSE - 13773 ) | ( MSEI - 73200 ) | ( MCX - 40585 ) | ( NCDEX - 01006 ). Depository Participant SEBI Reg. No. - IN - DP - 84 - 2015, DP ID CDSL - 12066900, NSDL ID - IN301895. Research Analyst - INH000000222 (CIN. NO.: U65999MH2010PTC198714)
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