Farm Peace Ltd. logo

Farm Peace was incorporated on October 20, 2021. The company operates an integrated contract farming model focused on processed-grade potato varieties, supplying processors for French fries, chips and other potato-based products while providing farmers with technical and agricultural support. Its buy-back arrangements, variety selection and farming guidance help ensure consistent raw material supply, improve farmer income and reduce post-harvest losses

Bidding Dates
01 Sep 2026 - 03 Sep 2026
Subscription
1.15x Oversubscribed
Minimum InvestmentMinimum LotMaximum LotLot SizeNumber of SharesIssue PricePost Issue Promoter Holding %Issue SizeIPO Document
₹236,0002220005.4 M₹5954.46 %₹320.0 MRHP DOC

Farm Peace IPO SUBSCRIPTION STATUS

03 Sep '26
Total1.15x
Retail Individual Investor0.56x
HNI (NII) Investors1.74x
Qualified Institutional Buyers-

Farm Peace IPO overall subscription rate was 1.15 times the total available shares

Farm Peace IPO retail subscription rate was 0.56 times in the retail segment

Farm Peace IPO non-institutional investor subscription rate was 1.74 times in the non-institutional investor category

DayRetail Individual InvestorHNI (NII) InvestorsQualified Institutional Buyers
Category Reservation50%50%-
03 Sep 2026
(Day 3)
0.56x1.74x-
02 Sep 2026
(Day 2)
0.09x0.12x-
01 Sep 2026
(Day 1)
0.01x0.01x-

Farm Peace FINANCIALS

Period Revenue from Operations (Rs in crore) Net Profit (Rs in crore) Cash Flow from Operations (Rs in crore) Free Cash Flow (Rs in crore) Margins
FY26 90.8 7.5 -7.2 -7.2 13.7%
FY25 79.2 6.7 -17.6 -17.8 11.7%
FY24 62.6 6.2 -1.5 -1.8 14.9%

Farm Peace IPO SUBSCRIPTION STATUS DETAILS

Farm Peace had 5.4 M shares on offer

Farm Peace IPO offer price was ₹59

Farm Peace IPO minimum Investment was ₹236000

Farm Peace IPO issue size was ₹ 320.0 M

Farm Peace had a minimum lot size of 2000 Shares per application

Farm Peace NUMBER OF SHARES ON OFFER

Total5.4 M
Fresh Issue5.4 M
Offer for Sale0
Post Issue Promoter Holding %54.46 %

Farm Peace IPO IMPORTANT DATES

Issue Open Date01 Sep 2026
Issue close Date03 Sep 2026
Allotment Date04 Sep 2026
Refund Date07 Sep 2026
Demat Account Credit Date07 Sep 2026
Listing Date08 Sep 2026
Listing on Exchange(s)BSE
Farm Peace Allotment StatusExchange/ Registrar

Farm Peace IPO subscription opened on 01 Sep 2026, and closed on 03 Sep 2026

IPO allotment for Farm Peace was finalized on Friday, 04 Sep 2026

IPO listing for Farm Peace was on BSE on Tuesday, 08 Sep 2026

Farm Peace IPO LISTING GAINS

Issue Price (adjusted)59.0
Listing Open Price112.1
Listing Close Price106.5
Listing Gain%90.0%
Current Gain%-26.2%

Farm Peace Peer

StockStock PriceMarket Cap (Rs crore)PE TTMPEG TTMPS TTMROE%ROA%Annual Revenue (Rs crore)Annual Revenue Growth %Annual Net Profit (Rs crore)Annual Net Profit Growth %EPS TTMEPS TTM Growth %
Farm Peace Ltd.43.689.611.90.9117.37.590.813.67.5133.713
LT Foods Ltd.400.41390421.76.91.213.86.911023.125.7625.43.318.43.2
Godrej Agrovet Ltd.623.611997.826.9-14.71.123.37.710338.59.7472.81023.2-1.8
KRBL Ltd.381.68734.411.50.31.511.29.86168.29.164836.133.140.4
Gujarat Ambuja Exports Ltd.160.27348.417.70.21.29.27.35835.824.3304.3229.175.1
Kaveri Seed Company Ltd.725.63732.715-0.72.916.810.71424.113.8295.85.248.5-21.5

Farm Peace INFORMATION ON IPO ISSUE

About Farm Peace

Farm Peace was incorporated on October 20, 2021. The company operates an integrated contract farming model focused on processed-grade potato varieties, supplying processors for French fries, chips and other potato-based products while providing farmers with technical and agricultural support. Its buy-back arrangements, variety selection and farming guidance help ensure consistent raw material supply, improve farmer income and reduce post-harvest losses

Object of the Issue

  • Funding their incremental working capital requirements
  • General corporate purposes

Farm Peace - PROMOTERS

Name
Sandipkumar Narsinhbhai Patel
Sudhir Haribhai Patel
Girishbhai Faljibhai Patel
Kulin Kiran Patel

Farm Peace - MANAGEMENT & LEADERSHIP

NameDesignation
Sandipkumar Narsinhbhai PatelManaging Director
Sudhir Haribhai PatelChairman & Non-Executive Director
Girishbhai Faljibhai PatelNon-Executive Director
Maulik Raghuvir AjaraIndependent director
Neha AgarwalIndependent director

Farm Peace Book Running Lead Manager

Socradamus Capital Private Limited

mb@socradamus.in

Farm Peace Registrar to the Offer

Bigshare Services Private Limited

ipo@bigshareonline.com

Farm Peace Strengths

Favourable ecosystem

The company cultivates and procures processing-grade potatoes from Sabarkantha, Aravalli, Mehsana and Banaskantha, where favourable soil and climatic conditions support high-quality potatoes for processing. Gujarat’s cool, dry climate, low humidity and suitable soil temperatures help maintain desirable starch and sugar levels, supporting the production of potatoes for chips, french fries and other processed products

Strength

Contract farming model

The company follows a 100% buyback model with fixed pricing, providing farmers assured market access and predictable income while reducing market-related risks. It also supports farmers with quality seeds, fertilizers, training and regular field guidance on irrigation, pest management, soil health and sustainable farming practices

Strength

Farmer relationship

The company has built a structured farmer network through its seasonal buyback model, providing certified seeds, technical guidance and pre-agreed prices while ensuring a reliable supply of quality produce. Its network grew to over 800 farmers across approximately 5,660 acres, producing 61,680 MT in FY 2026, while its model helps manage price risks, reduce post-harvest losses and support business scalability

Strength

Farm Peace Risks

Farmer participation risk

The company depends on farmers participating in seasonal buy-back arrangements, and dissatisfaction over pricing, seed supply, technical support or crop failures could reduce farmer participation and disrupt raw material supply. Competition from other buyers, better commercial terms or more profitable substitute crops could further reduce potato acreage, affecting operations and financial performance

Risk

Potato variety concentration risk

The company relies heavily on a limited range of processing-grade potato varieties, including Santana, Frysona, Innovators, Lady Rosetta and Chipsona, making it dependent on their demand from processing companies. Changes in consumer preferences, processing technology or crop choices may reduce demand, while diversification into new varieties or crops could require additional investment and operational adjustments

Risk

Regulatory compliance risks

The company’s operations depend on maintaining potato quality across seed distribution, procurement, grading, cold storage and transportation, and any lapse could lead to product rejection, disputes, losses or reputational damage. Non-compliance with FSSAI, ISO 9001:2015 or other certification requirements could result in penalties, certification suspension and restrictions on supplies to processing companies

Risk

IPO FAQs

  • The promoters of the company are Sandipkumar Narsinhbhai Patel, Sudhir Haribhai Patel, Girishbhai Faljibhai Patel and Kulin Kiran Patel.
  • The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
  • The price band of the IPO is Rs 59.0 - 59.0.
  • The IPO application opens on Sep 01, 2026 and closes on Sep 03, 2026.
  • The minimum lot size for the IPO is 4000. The maximum lot size for the IPO is 4000.
  • For all category investors, the minimum application amount for this IPO is Rs. 236,000.0, the maximum value for this IPO is Rs 236,000.0.
  • This IPO will be allotted on Sep 04, 2026.
  • The refund will be credited to your account on Sep 07, 2026.
  • The allotted shares will be credited to your demat on Sep 07, 2026.
  • Farm Peace Ltd.’s shares listed on the stock exchanges on Sep 08, 2026.