The Farm Peace initial public offering commenced on Tuesday, September 1, 2026, and will conclude on Thursday, September 3, 2026. The IPO is priced at ₹59 per equity share with a face value of ₹10 per share. According to reports from LiveMint, the company has set the lot size at 2,000 equity shares, with bids accepted in multiples thereafter. The allotment process is expected to be finalized on Friday, September 4, 2026, with the refund process initiated on Monday, September 7, 2026. Shares are scheduled to be listed on the BSE SME platform on Tuesday, September 8, 2026.
The Farm Peace IPO has achieved 1% subscription on its first day, as reported by LiveMint. The retail portion has been subscribed at 1%, while the non-institutional investor (NII) portion has also been booked at 1%. According to chittorgarh.com, the company has received bids for 50,000 shares against the total 51,52,000 shares on offer. The grey market premium (GMP) stands at ₹0, indicating shares are trading at the issue price of ₹59 with no premium or discount in the unofficial market.
Farm Peace, founded in October 2021, operates as an integrated contract farming company focused on processed-grade potato varieties including Santana, Frysona, Innovators, Lady Rosetta and Chipsona. As reported by LiveMint, these varieties are primarily supplied to food processing companies for making French fries, potato chips and other value-added products. The company operates under the 'Farm Peace' brand and works closely with farmers in Gujarat through a 100% buy-back model. It provides certified seeds, agronomic guidance, fertilisers, pesticides and modern farming practices, including drip irrigation, to help farmers improve productivity and minimize cultivation risks.
The company has demonstrated strong financial growth with revenue increasing from ₹62.75 crore in 2024 to ₹90.84 crore in 2026. According to the latest financial results, profit after tax (PAT) grew from ₹6.16 crore in 2024 to ₹7.53 crore in 2026. The debt-to-equity ratio stands at 0.26, indicating a healthy financial position. Key financial metrics show earnings per share (EPS) of ₹4.97 and return on net worth (RoNW) of 17.32%. The company's net asset value (NAV) is ₹28.69, with the IPO priced at a P/E ratio of 11.87.
The IPO comprises entirely a fresh issue, with the company aiming to raise ₹32 crore by issuing 54.24 lakh equity shares. According to LiveMint, the company plans to utilize the entire net proceeds for business requirements. ₹23 crore has been earmarked to fund incremental working capital needs, while ₹4.80 crore will be used for general corporate purposes. Around ₹4.20 crore has been allocated towards issue-related expenses. Socradamus Capital Pvt. Ltd. serves as the book-running lead manager, while Bigshare Services Pvt. Ltd. acts as the registrar for the IPO.
