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FP

Farm Peace IPO

Listed SME BSE SME · Other Agricultural Products

Price Band

₹

Issue Size

₹32.0 Cr

Lot Size

2,000 shares

Min Investment

₹236,000

2 LOTS MIN

GMP

Grey Market Premium — the unofficial premium buyers are currently willing to pay over the issue price once this IPO lists. It's an informal market estimate, not guaranteed, and can move daily right up to listing day. Learn more: GMP vs Kostak vs Sauda →

+₹59.0 (100.0%)

Issue Price

₹59.0

Subject to Sauda

A separate grey-market deal made before allotment is known: a buyer agrees to pay you this amount for your IPO application — but only if you actually get allotted shares. No allotment means no payment either way. This is different from "Kostak," a similarly-named rate that's paid regardless of whether the application gets allotted — TopFund shows the Sauda rate because that's what our data source provides. Learn more: GMP vs Kostak vs Sauda →

₹89700

Paid only if allotted

Farm Peace IPO AI Summary

  • Farm Peace IPO is listed on BSE SME in the Other Agricultural Products sector.
  • Subscription window: 01 Sep–03 Sep 2026, listing on 08 Sep 2026.
  • Current GMP is +₹59.0 (100.0%) — unofficial and can change daily.

Farm Peace is a contract farming company that supports potato cultivation in Gujarat. The IPO is aimed at raising funds for working capital and other corporate purposes, with a strong subscription rate observed as of early September 2026.

TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.

Important Dates

IPO Open Date
Tue, 01 Sep 2026
IPO Close Date
Thu, 03 Sep 2026
Allotment Date
Fri, 04 Sep 2026
Refund Initiation
Mon, 07 Sep 2026
Credit of Shares
Mon, 07 Sep 2026
Listing Date
Tue, 08 Sep 2026
Listing Price
₹118.0 +100.0%

Subscription Status

Overall Subscription

1.16x

Subscribed
Category Subscription Status
NII (HNI)
1.73x
1.73x
Retail (RII)
0.59x
0.59x
Total 1.16x 1.16x

Auto-updated every 5 min · As of 3rd Sep 2026 18:56

Farm Peace IPO Grey Market Premium (GMP) Today

GMP

+₹59.0

GMP %

+100.0%

Est. Listing

₹118.0

Updated: 08 Sep 2026 08:45

GMP Trend (Last 12 Days)

Day-wise GMP Trend 12 Days

GMP Date IPO Price GMP Est. Listing Price
(Cap Price + GMP)
Est. Profit* Last Updated
07-09-2026 ₹59.0 ₹50.0 ₹109.0 (+84.75%) ₹100,000 07-Sep-2026 18:00
06-09-2026 ₹59.0 ₹50.0 ₹109.0 (+84.75%) ₹100,000 06-Sep-2026 18:00
05-09-2026 ₹59.0 ₹42.0 ₹101.0 (+71.19%) ₹84,000 05-Sep-2026 18:00
04-09-2026 ₹59.0 ₹5.0 ₹64.0 (+8.47%) ₹10,000 04-Sep-2026 18:00
03-09-2026 ₹59.0 ₹-0.5 ₹58.5 (-0.85%) ₹-1,000 03-Sep-2026 18:00
02-09-2026 ₹59.0 ₹0.0 ₹59.0 (0.0%) ₹0 02-Sep-2026 18:00
01-09-2026 ₹59.0 ₹0.0 ₹59.0 (0.0%) ₹0 01-Sep-2026 18:00
31-08-2026 ₹59.0 ₹0.0 ₹59.0 (0.0%) ₹0 31-Aug-2026 18:00
30-08-2026 ₹59.0 ₹0.0 ₹59.0 (0.0%) ₹0 30-Aug-2026 18:00
29-08-2026 ₹59.0 ₹0.0 ₹59.0 (0.0%) ₹0 29-Aug-2026 18:00
28-08-2026 ₹59.0 ₹0.0 ₹59.0 (0.0%) ₹0 28-Aug-2026 18:00
27-08-2026 ₹59.0 ₹0.0 ₹59.0 (0.0%) ₹0 27-Aug-2026 18:00

* Estimated Profit/Loss per lot. GMP × Market Lot.

IPO Live GMP

About the Company

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 support farmers at every stage—seed selection, soil preparation, irrigation, pest management, harvesting, and post-harvest handling. With cold storage and temperature-controlled logistics, it ensure quality produce reaches processors without losses. As of March 2025, it cultivate 5,100 acres, produce 55,000 metric tonnes of potatoes annually, and achieved revenues of ₹7,924.22 lakhs with a net profit of ₹666.17 lakhs. Contract Farming Model with 100% Buy-Back Assurance Agro-Climatic Advantage of Gujarat for Processing-Grade Potato Cultivation Strong and Expanding Farmer Network and Building long lasting relationship End-to-End Farming Support covering planning to post-harvest Experienced Promoters and Management Team

Company Financials (₹ Cr)

As of 2026-03-31

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

Key Ratios

EPS

₹4.97

NAV

₹28.69

ROE

18.96%

ROCE

26.64%

RoNW

17.32%

P/B Value

2.06

P/E Ratio

11.87

Market Cap

₹121.42 Cr

PAT Margin

8.41%

Debt/Equity

0.26

Promoters

Sandipkumar Narsinhbhai Patel, Sudhir Haribhai Patel, Girishbhai Faljibhai Patel, Kulin Kiran Patel

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # 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

IPO Evaluation

Generated 23 Sep 2026

Revenue Trend

Revenue was ₹62.75 Cr in the period ending 31 Mar 2024, rising to ₹79.98 Cr by 31 Mar 2025, and further increasing to ₹90.84 Cr by 31 Mar 2026. This indicates a consistent upward trend in revenue over the reported periods.

Profit Trend

Profit After Tax was ₹6.16 Cr in the period ending 31 Mar 2024, increasing to ₹6.66 Cr by 31 Mar 2025, and further rising to ₹7.53 Cr by 31 Mar 2026. This shows a positive growth in profit over the periods.

Grey Market Premium, Explained

The Grey Market Premium (GMP) refers to the unofficial trading of shares before they are listed on the stock exchange. A high GMP indicates strong demand for the shares in the grey market, suggesting that investors expect the stock to perform well upon listing.

Subscription Demand

As of 3rd Sep 2026, the IPO was subscribed 1.16 times overall. The Non-Institutional Investors (HNI) category was subscribed 1.73 times, while the Retail Investors (RII) category was subscribed 0.59 times.

Who This IPO Suits

Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It's important to consider the company's growth potential and market conditions.

Who May Want to Wait

Investors who are risk-averse or prefer stable investments may want to avoid IPOs like this, which can be subject to market fluctuations and uncertainties.

IPO Timeline, Explained

The IPO opens on 1st September 2026 and closes on 3rd September 2026. Allotment of shares will take place on 4th September 2026, with shares expected to be listed on the stock exchange on 8th September 2026.

Listing Gains — The Risk

Listing gains refer to the profit made when shares are sold on the listing day at a price higher than the issue price. However, there is always a risk associated with listing-day gains, as market conditions can change rapidly and affect the stock's performance.

This evaluation is generated from Farm Peace's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.

Frequently Asked Questions

What is Farm Peace IPO GMP today?

Farm Peace IPO GMP today is +₹59.0 (100.0%). GMP is an unofficial grey-market indicator and can change daily.

When does Farm Peace IPO open and close?

Farm Peace IPO opens on 01 September 2026 and closes on 03 September 2026.

When does Farm Peace IPO list on the stock exchange?

Farm Peace IPO listed on 08 September 2026 at ₹118.0.

What is the lot size for Farm Peace IPO?

The lot size for Farm Peace IPO is 2000 shares, requiring a minimum investment of ₹236,000 (2 lots).

What is the issue price of the Farm Peace IPO?

The issue price of the Farm Peace IPO is ₹59.0.

What is the minimum investment required?

The minimum investment required is ₹236,000, which corresponds to a lot size of 2000 shares.

When does the Farm Peace IPO open and close?

The Farm Peace IPO opens on 1st September 2026 and closes on 3rd September 2026.

What does GMP mean?

GMP stands for Grey Market Premium, indicating the expected listing price of the shares in the grey market.

When will the shares be listed?

The shares are expected to be listed on 8th September 2026.

Issue Details

Issue Type SME Book Built
Issue Size ₹32.0 Cr
Price Band ₹ (Fixed)
Issue Price ₹59.0
Lot Size 2,000 shares
Min Investment ₹236,000 (2 lots minimum)
Exchange BSE SME
Sector Other Agricultural Products
Open Date 01 Sep 2026
Close Date 03 Sep 2026
Allotment 04 Sep 2026
Listing Date 08 Sep 2026

Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

Bigshare Services Pvt.Ltd.

Lead Managers / Book Running

Socradamus Capital Pvt.Ltd.

IPO Timeline

Open

01 Sep 2026

Close

03 Sep 2026

Allotment

04 Sep 2026

Listing

08 Sep 2026

Full Analysis

Should you apply? Company analysis, GMP explained & FAQs

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