Indo Farm Equipment IPO Day 3: Check GMP, price band, subscription, key dates and other details

Indo Farm Equipment's IPO saw strong investor demand, with subscriptions reaching 54.55 times on the initial bidding days. The retail segment was subscribed 45.76 times and non-institutional investors' portion 131.84 times. With an IPO price band set at Rs 204-215 per share, proceeds will be used for debt repayment, investment in an NBFC subsidiary, and general corporate purposes.