Farm Peace IPO is a ₹32.00 crore fixed-price BSE SME issue of 54,24,000 fresh shares at ₹59 each. It opens on 1 September 2026 and closes on 3 September 2026.
The IPO has no offer for sale. Of the net proceeds, ₹23 crore is planned for incremental working capital requirements.
Revenue from operations rose from ₹62.55 crore in FY2024 to ₹90.83 crore in FY2026, while PAT increased from ₹6.16 crore to ₹7.53 crore.
Key risks include customer and supplier concentration, operations concentrated in Gujarat and negative operating cash flow in FY2024, FY2025 and FY2026.
Farm Peace IPO is a ₹32.0016 crore fixed-price SME issue. It consists entirely of 54,24,000 fresh equity shares with a face value of ₹10 each. There is no offer for sale.
Bidding for the IPO runs from 1 – 3 September 2026. Allotment is expected on 4 September, followed by the BSE SME listing on 8 September. The issue price is fixed at ₹59/share
One trading lot contains 2,000 shares. However, the minimum application is two lots or 4,000 shares, requiring ₹2,36,000 at the issue price.
Farm Peace IPO Details
The key details of the Farm Peace IPO are listed below:
| Particulars | Details |
| IPO Open Date | 1 September 2026 |
| Close Date | 3 September 2026 |
| Face value | ₹10 per share |
| Price Band | ₹59 per share, fixed price |
| Issue price | ₹59 per share |
| IPO Lot Size | 2,000 shares, minimum application of 2 lots |
| Offer for sale | Nil |
| Fresh issue | 54,24,000 shares, aggregating ₹32.0016 crore |
| Issue Type | 100% Fixed Price SME IPO |
| Listing at | BSE SME |
| Total Issue Size (₹ Crore) | ₹32.0016 crore |
| Minimum Investment | ₹2,36,000 for 4,000 shares |
Farm Peace IPO Timeline
The scheduled IPO dates are listed below:
| Particulars | Date |
| IPO Open Date | 1 September 2026 |
| IPO Close Date | 3 September 2026 |
| Tentative Allotment | 4 September 2026 |
| Initiation of Refunds | 7 September 2026 |
| Credit of Shares to Demat | 7 September 2026 |
| Tentative Listing Date | 8 September 2026 |
| Cut-off time for UPI mandate confirmation | 5:00 PM on 3 September 2026 |
Farm Peace Key Performance Indicator
The key performance indicators reported for Farm Peace are listed below:
| KPI | FY2024 | FY2025 | FY2026 |
| ROE | 103.38% | 29.61% | 18.96% |
| ROCE | 88.04% | 33.74% | 26.64% |
| Debt Equity | 0.79 | 0.07 | 0.26 |
| RoNW | 68.15% | 18.53% | 17.32% |
| PAT Margin | 9.85% | 8.41% | 8.29% |
| EBITDA margin | 14.86% | 11.69% | 13.74% |
| Price Book Value | Not reported | Not reported | Not reported |
Farm Peace IPO Financials
The financial performance for the latest three financial years is shown below:
| ₹ crore | FY2024 | FY2025 | FY2026 |
| Revenue from operations | 62.55 | 79.24 | 90.83 |
| Total Asset | 31.76 | 69.32 | 99.84 |
| Profit After Tax | 6.16 | 6.66 | 7.53 |
Farm Peace India IPO Subscription Status
| Date | NII* | Individual Investors | Total |
|---|---|---|---|
| Sep 1 (Day 1) | 0.00 | 0.01 | 0.01 |
Farm Peace IPO Grey Market Premium (GMP Today)
The latest GMP and recent trend for the Farm Peace IPO are shown below:
| GMP Date | GMP | Est. Listing Price (cap price + GMP) | Est. Profit* | Last Updated |
|---|---|---|---|---|
| 01-09-2026 Open | ₹0 ─ | ₹59 (0.00%) | ₹0 | 1-Sep-2026 12:37 |
| 31-08-2026 | ₹0 ─ | ₹59 (0.00%) | ₹0 | 31-Aug-2026 23:37 |
| 30-08-2026 | ₹0 ─ | ₹59 (0.00%) | ₹0 | 30-Aug-2026 23:32 |
| 29-08-2026 | ₹0 ─ | ₹59 (0.00%) | ₹0 | 29-Aug-2026 23:32 |
| 28-08-2026 | ₹0 ─ | ₹59 (0.00%) | ₹0 | 28-Aug-2026 23:32 |
| 27-08-2026 | ₹0 ─ | ₹59 (0.00%) | ₹0 | 27-Aug-2026 23:34 |
Note:
GMP (Grey Market Premium) values are sourced from the grey market and are subject to rapid change based on demand, subscription status and market sentiment.
Farm Peace IPO Reservation
The reservation details for the Farm Peace IPO are given below:
| Investor Category | Shares Offered |
| Market Maker Shares Offered | 2,72,000 shares |
| QIB Shares Offered | No separate reservation. Eligible QIBs can participate in the Non-Institutional Portion |
| NII (HNI) Shares Offered | Not more than 25,76,000 shares |
| Retail Shares Offered | At least 25,76,000 shares |
| Total Shares Offered | 54,24,000 shares |
Farm Peace IPO Lot Size
The application requirements at the issue price are shown below:
| Application | Lots | Shares | Amount |
| Individual investors (Retail) (Min) | 2 | 4,000 | ₹2,36,000 |
| Individual investors (Retail) (Max) | 2 | 4,000 | ₹2,36,000 |
| S-HNI (Min) | 3 | 6,000 | ₹3,54,000 |
| S-HNI (Max) | 8 | 16,000 | ₹9,44,000 |
| B-HNI (Min) | 9 | 18,000 | ₹10,62,000 |
Farm Peace IPO Anchor Investors
Farm Peace IPO does not have a separate anchor investor allocation under its issue structure. The issue is divided among the market maker reservation, Individual Investor Portion and Non-Institutional Portion.
Farm Peace IPO Prospectus
The available IPO documents are listed below:
About Farm Peace
Farm Peace Limited is an integrated contract farming company focused on processing-grade potatoes. Its varieties include Santana, Frysona, Innovator, Lady Rosetta and Chipsona, which are supplied for products such as French fries and potato chips.
- Founded in: 20 October 2021
- Managing Director: Sandipkumar Narsinhbhai Patel
- Parent Organisation: Not applicable
- Services they Provide: Contract farming, procurement and supply of processing-grade potatoes and farming support covering seed selection, soil preparation, irrigation, pest management and harvesting guidance
The company operates primarily in Gujarat. It works under a buy-back farming model and supports farmers with certified seeds, technical assistance and crop monitoring throughout the cultivation cycle.
In FY2026, Farm Peace recorded sales of 61,680 metric tonnes across 5,660 acres. Its farmer network included 853 farmers across four districts during the year.
| Lead manager | Socradamus Capital Private Limited |
| Registrar of the issue | Bigshare Services Private Limited |
Objectives of the Farm Peace
The proposed use of the net proceeds is shown below:
| Objective | Amount |
| Funding incremental working capital requirements | ₹23.00 crore |
| General corporate purposes | ₹4.80 crore |
Strength Of Farm Peace
- Contract farming model: Farm Peace operates a 100% buy-back model for produce grown under its arrangements. This provides a defined procurement channel for participating farmers.
- Presence in Gujarat: The company operates in a region with soil and climatic conditions suited to processing-grade potato cultivation.
- Farmer network: Farm Peace worked with 853 farmers across 5,660 acres in FY2026, compared with 498 farmers and 3,200 acres in FY2024.
- Farming support: The company provides guidance from seed selection and land preparation through cultivation, harvesting and post-harvest handling.
- Management experience: The company identifies its promoter and management team’s experience across agriculture, processing and finance as one of its business strengths.
Risk of Farm Peace
- Customer concentration: Farm Peace depends heavily on a small group of buyers. Its top 10 potato customers contributed 80.68% of potato sales in FY2026, so lower orders from these customers can affect revenue.
- Supplier concentration: The company also relies on a limited supplier base. Its top 10 potato suppliers accounted for 63.72% of purchases in FY2026.
- Geographic concentration: Most of Farm Peace’s operations are based in Gujarat. This leaves the business more exposed to weather conditions, crop issues and operational disruptions within the state.
- Negative operating cash flow: Farm Peace reported negative cash flow from operations in each of the last three financial years. The outflow stood at ₹1.54 crore in FY2024, ₹17.57 crore in FY2025 and ₹7.17 crore in FY2026.
- Agricultural and seasonal risks: Potato farming is affected by weather, pests, crop quality and seasonal cycles. Changes in these factors can influence procurement, storage needs and sales volumes.
Farm Peace IPO Review
Farm Peace recorded revenue from operations of ₹62.55 cr in FY24, which increased to ₹90.83 crore in FY26. PAT rose from ₹6.16 cr to ₹7.53 cr during the same period. FY26 ROCE stood at 26.64%, while its DE ratio was 0.26.
The IPO consists entirely of fresh shares, with ₹23 crore of the net proceeds planned for working capital. However, the company remains concentrated in Gujarat and depends on a limited group of customers and suppliers. Negative operating cash flow across FY2024, FY2025 and FY2026 is another factor to consider.
Other Recent IPO List
The current and upcoming IPOs are listed below:
| Ashutosh Fibre IPO | Phychem Technologies IPO |
| Purple Style Labs IPO | Shanti Inorganics IPO |
| Priority Jewels IPO | Complete Sports & Management India IPO |
| Rays of Belief IPO | Lumino Industries IPO |
Farm Peace IPO FAQs
Farm Peace IPO is a ₹32.0016 crore fixed-price BSE SME issue of 54,24,000 fresh equity shares at ₹59 per share.
Investors can apply using ASBA through an eligible bank or through a broker offering IPO applications. The minimum application is 4,000 shares.
Farm Peace has reported higher revenue and PAT from FY2024 to FY2026. Customer and supplier concentration, Gujarat-focused operations and negative operating cash flow are key risks to consider.
IPO returns are not fixed or guaranteed. The actual return will depend on the listing price compared with the ₹59 issue price.
Farm Peace IPO opens on 1 September 2026 and closes on 3 September 2026.
The trading lot is 2,000 shares. Investors must apply for at least two lots or 4,000 shares, requiring ₹2,36,000.
Open the IPO section of an eligible broker or use an ASBA-enabled bank account. Select Farm Peace IPO, enter the required quantity and complete the payment authorisation.
The tentative allotment date for Farm Peace IPO is 4 September 2026.
Farm Peace IPO is tentatively scheduled to list on BSE SME on 8 September 2026.
