Farm Peace came to market through an SME IPO that opened on 1 September 2026 and closed on 3 September 2026, and the shares listed on 8 September 2026 on BSE SME. The price band was ₹59 per share and one lot was 2000 shares, so the minimum application was ₹1,18,000. The issue size was ₹32 crore. The whole issue was fresh shares, so the money raised went to the company.
It listed at ₹112.1, a gain of 90% against the issue price of ₹59. Bigshare Services Pvt.Ltd was the registrar to the issue, and Socradamus Capital Pvt.Ltd was the lead manager.
As of 3 September 2026.
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Overall the issue was subscribed 1.21 times.
Incorpoeated in October 2021, Farm Peace is an integrated contract farming firm that specializes in the supply of processed grade potato varieties including Santana, Frysona, Innovators, Lady Rosetta, and Chipsona to processing firms for French fries, chips, and value-added products. Under the 'Farm Peace' brand name, the company works hand-in-hand with farmers in Gujarat through 100% buyback.
The company gives farmers certified seeds, agronomic assistance, fertilizer, pesticide, and modern farming technology like drip irrigation in order to assist farmers in boosting productivity and mitigating risks. In return, it assures farmers that it will buy their produce at agreed prices in order to protect them against market changes. The company assists farmers in all the stages ranging from seed selection, soil preparation, irrigation, pest control, harvesting, and post-harvesting of the farm products.
Through cold storage and temperature-controlled transportation, it guarantees quality farm products to processors. Up to August 2026, the company operates in Gujarat, India, under the 'Farm Peace' brand name where it grows over 5,660 acres of potatoes and produces 61,680 metric tonnes of potatoes per year.
As described in the offer document.
| Metric | 31-Mar-26 | 31-Mar-25 | 31-Mar-24 |
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Sandipkumar Narsinhbhai Patel, Sudhir Haribhai Patel, Girishbhai Faljibhai Patel, Kulin Kiran Patel. Promoter holding 73.96% before the issue and 54.46% after.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Farm Peace IPO was a ₹32 crore fixed-price issue, made up entirely of a fresh issue. It was priced at ₹59 per share with a lot size of 2,000 shares; the minimum retail application was 4,000 shares (₹2,36,000). The IPO was open from September 1 to September 3, 2026 and was subscribed 1.21x. Shares listed on BSE SME on September 8, 2026 at ₹112.10, a 90.0% premium to the issue price of ₹59. Bigshare Services Pvt. Ltd. is the registrar.
Socradamus Capital Pvt. Ltd. is the book running lead manager.
The issue price of Farm Peace IPO is ₹59 per share (fixed price).
The lot size of Farm Peace IPO is 2000 shares.
The minimum investment for Farm Peace IPO is approximately ₹2,36,000 based on the issue price.
The allotment date of Farm Peace IPO is Sep 4, 2026.
You can check Farm Peace IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Farm Peace IPO allotment status on Rupix for quick and easy access.
₹59 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 2000 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,18,000. After listing, SME shares also trade in lots rather than one share at a time.
₹1,18,000, for one lot of 2000 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 1 September 2026 and closed on 3 September 2026.
The basis of allotment was published on 4 September 2026 by Bigshare Services Pvt.Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 8 September 2026 on BSE SME, opening at ₹112.1.
The issue size was ₹32 crore. The fresh issue was 54,24,000 shares (aggregating up to ₹32 crore).
It listed at ₹112.1 against an issue price of ₹59, a gain of 90 percent on listing day.