Indo Farm Equipment Limited IPO (Indo Farm Equipment Limited IPO) Details

Established: 1994
Industry: Agricultural and Construction Equipment Manufacturing

---

Key Business Highlights

1. Core Operations:

   • Manufacturing and exporting of tractors, pick-and-carry cranes, and harvesting machinery under two primary brands:
     • Indo Farm
     • Indo Power

2. Product Range:

   • Tractors: Models ranging from 16 HP to 110 HP, designed for various agricultural needs.
   • Pick-and-Carry Cranes: Capacity ranges from 9 to 30 tons for industrial and construction purposes.
   • Harvesting Equipment: Specialized machinery for efficient crop harvesting.

3. Manufacturing Facilities:

   • Location: Baddi, Himachal Pradesh
   • Facility Size: 127,840 sq. meters, featuring:
     • Captive foundry
     • Machine shop
     • Fabrication and assembly units
   • Annual Production Capacity:
     • 12,000 tractors
     • 1,280 pick-and-carry cranes

4. Planned Expansion:

   • Acquired additional industrial land near the existing facility to construct a new crane manufacturing unit.
   • Targeted capacity increase: 3,600 cranes annually.

5. Exports:

   • Strong international presence in countries like Nepal, Syria, Sudan, Bangladesh, and Myanmar.

6. Workforce:

   • As of June 30, 2024: 938 employees on payroll.

---

Competitive Strengths

1. Fully Integrated Manufacturing:

   • End-to-end production capabilities with an in-house foundry and assembly units.

2. Experienced Leadership:

   • Highly educated and experienced management team driving growth and innovation.

3. In-House NBFC Setup:

   • Facilitates seamless financial support for customers and dealers.

4. Diverse Product Portfolio:

   • Wide range of tractors and cranes catering to both agricultural and industrial markets.

5. Global Acceptability:

   • Established presence in international markets and acceptance across various financial institutions.

---

Strategic Focus

1. Capacity Expansion:

   • Increased production of pick-and-carry cranes with a new manufacturing unit.

2. Market Penetration:

   • Strengthening export operations to existing and new international markets.

3. Innovation and Quality:

   • Maintaining product excellence through advanced manufacturing and experienced management.

4. Customer-Centric Financing:

   • Leveraging the in-house NBFC to enhance accessibility for customers.

---

Key Achievements

1. Proven Manufacturing Excellence:

   • Established as a leading manufacturer of tractors and cranes.

2. Wide International Reach:

   • Successfully exporting to multiple countries, solidifying its global footprint.

3. Strong Production Capacity:

   • Ability to produce large volumes of tractors and cranes annually, ensuring consistent supply.

4. Future Growth Plans:

   • Acquiring additional land and planning significant capacity expansions to meet market demands.

---

Conclusion

Indo Farm Equipment Limited has emerged as a trusted and versatile player in the agricultural and industrial equipment market. With a focus on quality, innovation, and customer-centric operations, the company is well-poised for sustained growth, driven by its robust manufacturing capabilities, skilled workforce, and strategic expansion plans. Its dual focus on domestic and international markets positions it as a global competitor in the tractors and cranes industry.