Farm Peace IPO

Farm Peace Limited, incorporated in October 2021, is an integrated contract farming company focused on processed-grade potato varieties, including Santana, Frysona, Innovators, Lady Rosetta and Chipsona. The company supplies these potatoes to food processing companies for French fries, chips and other value-added products. Operating under the “Farm Peace” brand, it works with farmers in Gujarat through a 100% buy-back model, providing certified seeds, agronomic support, farming inputs and modern cultivation techniques. The company also supports farmers through harvesting and post-harvest activities, including cold storage and temperature-controlled logistics. As of August 2026, it cultivated over 5,660 acres and produced approximately 61,680 metric tonnes of potatoes annually.

Farm Peace Limited IPO Overview

Farm Peace Limited IPO is a fixed-price SME issue of ₹32.00 crore, comprising an entirely fresh issue of 54,24,000 equity shares. The IPO opens for subscription on 1 September 2026 and closes on 3 September 2026. The allotment is expected to be finalised on 4 September, followed by refund initiation and credit of shares to demat accounts on 7 September. The shares are proposed to be listed on the BSE SME platform on 8 September 2026. The issue price is fixed at ₹59 per share, with a face value of ₹10. Investors must apply for a minimum of two lots, comprising 4,000 shares and requiring ₹2,36,000. Socradamus Capital Private Limited is the lead manager, Bigshare Services Private Limited is the registrar, and Shreni Shares Limited is the market maker. The issue includes 2,72,000 shares reserved for the market maker.

Farm Peace Limited IPO Details

Particulars	Details
IPO Date	1 September 2026 to 3 September 2026
Listing Date	8 September 2026
Face Value	₹10 per share
Issue Price	₹59 per share
Lot Size	2,000 Shares
Total Issue Size	54,24,000 shares (aggregating up to ₹32.00 Cr)
Fresh Issue	54,24,000 shares (aggregating up to ₹32.00 Cr)
Offer for Sale	NA
Issue Type	Fixed Price IPO
Listing At	BSE SME
Share Holding Pre Issue	1,51,55,296 shares
Share Holding Post Issue	2,05,79,296 shares
Market Maker Portion	2,72,000 shares

Farm Peace Limited IPO Reservation

Investor Category	Shares Offered
NII (HNI)	50.00% of Net Issue
Retail	50.00% of Net Issue
Market Maker	2,72,000 shares

Farm Peace Limited IPO Lot Size

Application	Lots	Shares	Amount
Retail (Min)	2	4,000	₹2,36,000
Retail (Max)	2	4,000	₹2,36,000
HNI (Min)	3	6,000	₹3,54,000

Farm Peace Limited IPO Promoter Holding

Shareholding Status	Percentage
Pre-Issue	73.96%
Post-Issue	54.46%

Farm Peace Limited IPO Valuation Overview

KPI	Value
Earnings Per Share (EPS)	₹4.97
Price/Earnings (P/E) Ratio	11.87x
Return on Net Worth (RoNW)	17.32%
Net Asset Value (NAV)	₹28.69
Return on Equity	18.96%
Return on Capital Employed (ROCE)	26.64%
EBITDA Margin	13.74%
PAT Margin	8.41%
Debt to Equity Ratio	0.26

Objectives of the Proceeds

1. ₹23.00 crore will fund incremental working capital requirements to support the company’s growing operational needs.

2. ₹4.80 crore will be utilised for general corporate purposes, supporting business operations and strategic requirements.

3. ₹4.20 crore will cover issue expenses associated with the proposed public offering.

Key Financials (in ₹ crore)

Particulars	31 Mar 2026	31 Mar 2025	31 Mar 2024
Assets	99.84	69.32	31.76
Revenue	90.84	79.98	62.75
Profit After Tax	7.53	6.66	6.16
Reserves and Surplus	28.32	32.16	6.52
Total Borrowings	11.28	2.46	7.12

IPO Strengths of Farm Peace Limited

1. 100% buy-back contract farming model supports predictable procurement and farmer relationships.

2. Favourable Gujarat agro-climatic conditions support processing-grade potato cultivation.

3. Strong farmer network provides access to expanding cultivation acreage.

4. End-to-end farming support helps maintain consistent crop quality.

5. Experienced promoters and management team possess relevant agricultural expertise.

6. Integrated cold storage and logistics strengthen post-harvest supply-chain capabilities.

Peer Group Comparison

• As per the DRHP, there are no comparable listed peer of the company and therefore information related to peer is not provided