ListedSMEAgricultureFARMPEACE

Farm Peace IPO

Farm Peace IPO is an SME IPO raising ₹32 Cr at a fixed price of ₹59 a share. It listed on 8 Sept 2026 at ₹112, +90.0% against its issue price of ₹59, and trades at ₹96 today (+62.9% since issue). It was subscribed 1.19× in total.

59
Issue price
96
Price now
+62.9%
Since issue price
8 Sept 2026
Listed on
1.19×Subscribed (final) · all exchanges

Just covered — bids slightly exceed the shares on offer

populated partly populated we hold nothing here — the tab says why

What the fresh money funds

The stated uses of the net proceeds, from the prospectus’s Objects of the Issue table. Only the fresh issue funds these — the offer-for-sale money goes to the selling shareholders above.

Funding our incremental working capital requirements23 Cr
General corporate purposes5 Cr
General corporate purposes5 Cr

As stated in the prospectus — stated total 28 Cr. “General corporate purposes” is the part with no committed use; SEBI caps it at 25% of the issue.

The price they’re asking

From the prospectus’s own “Basis for Issue Price” — the issuer’s earnings multiple against the peers it chose to compare itself with.

11.9×earnings — this issue

The issuer names no comparable listed companies: We are an integrated contract farming company specializing in processed-grade potato varieties like Santana, Frysona, Innovators, Lady Rosetta, and Chipsona, supplying processing companies for manufacturing French fries, chips, and other potato-based products. Therefore, our company does not have any listed peer group operating in the same line of business with a focus on processed variety of potatoes.

P/E stated in the prospectus. Peer figures are as printed in the prospectus — they date from its filing, not today. A multiple is one lens, not a verdict.

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Issue price (fixed)₹59
Cut-off price₹59
Issue size₹32 Cr
Shares per lot2000
Minimum application₹1,18,000
Minimum quantity4000
Face value₹10
Listing exchangesBSE
ISININE0W2E01010
Bidding hours10:00 – 17:00 IST
Bidding window1 Sept 2026 – 3 Sept 2026
SME
What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

The anchor-investor allocation — which institutions were allotted shares before bidding opened — is still to be read out of its document.