Indo Farm Equipment IPO

Established Manufacturing Setup: COmpany's ISO 9001:2015 certified manufacturing facilities are spread across 127,840 sq. mtrs. of Industrial lands at Baddi, Himachal Pradesh which includes a captive foundry unit and dedicated machine shop, fabrication and assembling units for Tractors and Pick & Carry Cranes.

Experienced Management : The Promoter, Chairman and Managing Director of company, Ranbir Singh Khadwalia has significant industry experience of around three decades in all the core fields of the industry. Prior to starting the company in 1994, he worked with Eicher Group for around 2.50 years in the production department.

In-House NBFC Setup: In 2017, to further compliment & grow the business company has launched in-house NBFC Company for providing tractor finance for its buyers through its subsidiary entity ?Barota Finance Limited.

Exports: The company has exported its products to various overseas markets like Nepal, Syria, Sudan, Bangladesh, Myanmar, Kuwait, Jordan, Gabon, Chile, Yemen, Uruguay, Ghana, Nigeria, Ethiopia, Mauritius,Afghanistan, Mexico, Kenya, Uganda, UAE, Malaysia and Germany etc. Currently exports contribute to around 10% of its total sales.

Legal proceedings: Company, its Promoters, its Directors, and Subsidiary are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on business.

Raw material availability: Company does not have long-term agreements with suppliers for its raw materials which may lead to an increase in the cost or a shortfall in the availability of raw materials.

Pricing pressure: Pricing pressure from dealers is characteristic of the industry in which they operate. Pricing pressure may adversely affect gross margin, profitability and ability to increase prices.