SME

IPO ·

BSE SME

Farm Peace Ltd

Listed

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.

Issue details

Price band

₹59

Face value

₹10

Lot size

2,000 shares

Minimum investment

₹2,36,000

Issue size

₹32.00 Cr

Fresh issue

₹30.40 Cr

Offer for sale

—

Issue type

Fixed Price

Exchange

BSE SME

Key dates

Opens

1 Sep 2026

Closes

3 Sep 2026

UPI mandate cut-off

5:00 PM on 3 Sep 2026

Allotment

4 Sep 2026

Refunds

7 Sep 2026

Shares in demat

7 Sep 2026

Listing

8 Sep 2026

Subscription and listing

Subscription

1.16x

Listing price

₹112.10

Registrar

Bigshare Services Pvt Ltd

Lead manager

Socradamus Capital Pvt.ltd.

Subscription by category

Total

1.16x

Total applications

475

Listing day

Issue price

₹59

Open

₹112.10

High

₹117.70

Low

₹106.50

Day close

₹106.50

Listing gain at open

+90.00%

Issue structure

Shares reserved per category and share of the total issue

NII

25,76,000

47.49%

Retail

25,76,000

47.49%

Market Maker

2,72,000

5.01%

Total

54,24,000

100.00%

Finaccle’s quick read

Neutral

FY26 income up 14%, PAT up 13%, ROE 18.96%, D/E 0.26, post-issue P/E 16.12x.

A rules-based screen of growth, margins, debt and valuation, built from the offer document and data on Chittorgarh.com. It is for information only and is not investment advice or a recommendation to buy or sell. Read the RHP and speak to a SEBI-registered adviser before you apply.

About the company

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.

Founded

2021

2021

Promoters

Sandipkumar Narsinhbhai Patel, Sudhir Haribhai Patel,

Sandipkumar Narsinhbhai Patel, Sudhir Haribhai Patel,

Promoter holding

73.96% pre-issue; 54.46% post-issue

73.96% pre-issue; 54.46% post-issue

Financial performance

Restated figures in ₹ crore, latest period first

₹ crore, latest first. Full table on desktop.

Period

Total income

Income

EBITDA

PAT

Net worth

Borrowings

Debt

Assets

FY26

FY26

90.84

90.84

12.48

7.53

7.53

43.48

11.28

11.28

99.84

FY25

FY25

79.98

79.98

9.26

6.66

6.66

35.95

2.46

2.46

69.32

FY24

FY24

62.75

62.75

9.27

6.16

6.16

9.04

7.12

7.12

31.76

ROE

18.96%

ROCE

26.64%

Debt / equity

0.26

PAT margin

8.41%

P/E post issue

16.12

Market cap

₹121.42 Cr

Use of IPO money

Funding incremental working capital requirements

₹23.00 Cr

General Corporate Purposes

₹4.80 Cr

Issue expenses

₹4.20 Cr

Strengths

✓

ROE of 18.96% and ROCE of 26.64%

✓

Moderate leverage: debt to equity 0.26

Risks to watch

!

SME platform: large lot size and thinner trading liquidity

!

Modest PAT margin of 8.41%

Planning to take your own company public?

Every listing on this page started with a growing business that got its numbers, governance and paperwork ready for investors. If you are a promoter weighing an SME or main board IPO, we can tell you where you stand and what it will take.

Talk to our IPO Advisory team for readiness planning, or our IPO Consultancy team to run the listing end to end.

Last updated:

Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.