How to Check Farm Peace IPO Allotment Status

Farm Peace Limited, incorporated in October 2021, is an Ahmedabad-based agricultural company operating an integrated contract farming model focused on processing-grade potatoes. The company cultivates and supplies varieties including Santana, Frysona, Innovator, Lady Rosetta and Chipsona, which are used by food processors to manufacture French fries, chips, wafers, flakes, starch and other potato-based products.

The company works with farmers under a 100% buy-back model, where it provides certified seeds, agronomic guidance, fertilisers, pesticides and crop-management support while agreeing to purchase the harvested produce at pre-determined prices. Its support extends across seed selection, soil preparation, irrigation, pest management, harvesting and post-harvest handling.

As of FY26, Farm Peace's operations covered approximately 5,660 acres, involving 853 farmers, and it sold around 61,680 metric tonnes of potatoes. Its farmer network has expanded from 498 farmers in FY24 to 853 farmers in FY26.

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Farm Peace IPO is a ₹32 crore fixed-price BSE SME issue comprising 54.24 lakh fresh equity shares. Of the total issue, 2.72 lakh shares are reserved for the market maker, leaving 51.52 lakh shares for public subscription. There is no offer-for-sale component.

The IPO opened for subscription on September 1, 2026 and closed on September 3, 2026. The basis of allotment is scheduled for September 4, 2026, followed by refunds and credit of shares on September 7. Farm Peace shares are scheduled to list on BSE SME on September 8, 2026.

The issue has a fixed price of ₹59 per share, with a lot size of 2,000 shares. Individual Investors are required to apply for a minimum of two lots or 4,000 shares, translating into a minimum investment of ₹2,36,000.

Socradamus Capital Private Limited is the lead manager to the issue, while Bigshare Services Private Limited is the registrar. Shreni Shares Private Limited is the market maker.

Registrar: Bigshare Services Private Limited

BSE: BSE IPO Allotment Status Page

Farm Peace IPO Subscription Status

Farm Peace IPO was subscribed 1.16 times on September 3, 2026, based on the supplied closing-day subscription snapshot. The issue received bids for 59.60 lakh shares against 51.52 lakh shares available for public subscription.

The NII category recorded the stronger demand, reaching 1.73 times subscription on the closing day. Demand had remained limited during the first two days, at 0.01 times on Day 1 and 0.02 times on Day 2, before increasing on the final day.

The Individual Investor category was subscribed 0.59 times on Day 3, compared with 0.10 times on Day 2 and 0.01 times on the opening day. The category therefore remained below full subscription at the close of bidding.

Overall subscription increased from 0.01 times on Day 1 to 0.06 times on Day 2, before reaching 1.16 times on the final day.

Final-day data shows that investors bid for approximately 59.60 lakh shares, compared with 51.52 lakh shares offered to the public. Of these, NII investors bid for around 44.44 lakh shares, while Individual Investors bid for around 15.16 lakh shares.

Farm Peace IPO Share Price and Investment Details 

Farm Peace IPO is a fixed-price issue at ₹59 per share, with a lot size of 2,000 shares. Individual Investors are required to apply for a minimum of two lots or 4,000 shares, resulting in an investment of ₹2,36,000.

For other investors, the minimum application is three lots or 6,000 shares, corresponding to an investment of ₹3,54,000 at the issue price.

The total IPO comprises 54.24 lakh fresh shares aggregating to ₹32 crore. Of these, 2.72 lakh shares are reserved for the market maker, while 51.52 lakh shares constitute the net public offer. The IPO has no OFS component.

Based on the supplied closing-day subscription data, NIIs subscribed their portion 1.73 times, while Individual Investors subscribed 0.59 times. Overall demand stood at 1.16 times.

The basis of allotment is scheduled for September 4, 2026, followed by refunds and share credit on September 7 and the proposed BSE SME listing on September 8.

Utilisation of IPO Proceeds

Farm Peace proposes to utilise ₹23 crore from the IPO proceeds towards funding its incremental working-capital requirements. This represents the primary stated objective of the issue.

The company's working-capital requirements are linked to its contract farming operations, which involve procuring processing-grade potatoes, supplying agricultural inputs and managing the period between procurement and collection from customers.

Approximately ₹4.80 crore is proposed to be used towards general corporate purposes, while approximately ₹4.20 crore has been identified towards issue-related expenses.

Since Farm Peace IPO is structured entirely as a fresh issue, there is no OFS component. Consequently, the issue proceeds, after meeting offer-related expenses, are intended for the company's stated business requirements rather than existing selling shareholders.

Business Overview

Farm Peace operates an integrated contract farming business focused on processing-grade potatoes. Its key potato varieties include Santana, Frysona, Innovator, Lady Rosetta and Chipsona, which are supplied to companies producing French fries, chips, wafers, flakes, starch and other value-added potato products.

Under its contract farming model, Farm Peace works with farmers in Gujarat and provides certified seeds, fertilisers, pesticides, agronomic guidance and crop-management assistance. The company also supports modern agricultural practices such as drip irrigation and provides guidance throughout the crop cycle.

Farm Peace follows a 100% buy-back model, under which it agrees to purchase farmers' produce at pre-agreed prices. Post-harvest activities include grading, leased cold-storage arrangements and temperature-controlled logistics to maintain product quality until delivery to food-processing customers.

The scale of its farming network has expanded in recent years. The company worked with 498 farmers across approximately 3,200 acres in FY24, compared with 853 farmers across approximately 5,660 acres in FY26. It sold around 61,680 metric tonnes of potatoes in FY26, with production per acre reaching approximately 10.90 tonnes.

The Santana variety was Farm Peace's largest revenue contributor in FY26, accounting for approximately 54.62% of revenue, compared with 16.60% in FY24. Seed sales contributed another 19.91% of FY26 revenue. As of August 25, 2026, the company had an order book of approximately ₹35.90 crore across five customers.

Farm Peace reported total income of ₹90.84 crore in FY26, compared with ₹79.98 crore in FY25 and ₹62.75 crore in FY24. Profit after tax increased to ₹7.53 crore in FY26, from ₹6.66 crore in FY25 and ₹6.16 crore in FY24. EBITDA stood at ₹12.48 crore in FY26, compared with ₹9.26 crore in FY25 and ₹9.27 crore in FY24.

Total assets increased to ₹99.84 crore in FY26 from ₹69.32 crore in FY25, while net worth stood at ₹43.48 crore. Total borrowings increased to ₹11.28 crore in FY26 from ₹2.46 crore in FY25.

Key strengths include the company's integrated contract farming model, expanding farmer network, end-to-end crop support, growing cultivation acreage and established presence in processing-grade potato varieties. Its model also provides exposure to demand from the organised food-processing industry.

Investors should also consider risks associated with seasonal and climatic conditions, crop failures, fluctuations in potato and seed prices, concentration in processing-grade potatoes, dependence on farmers and food-processing customers, working-capital requirements and negative cash flows in certain periods. The company also operates largely through verbal arrangements with farmers rather than formal written contracts, creating an additional supply-related risk.