Archive · 28 Aug 2026
Farm Peace Limited Sets September 2026 IPO At ₹59
Farm Peace is a company that helps farmers grow special potatoes for foods such as French fries and chips.
It gives farmers certified seeds, farming advice and technical help.
The company promises to buy all of the participating farmers’ potatoes at agreed prices and quality levels.
Farm Peace plans to sell shares to the public in an IPO.
The IPO will be open from September 1 to September 3, 2026.
Each share will cost ₹59, and the total issue will be worth about ₹32 crore.
The company plans to use the money for working capital and general business needs.
Farm Peace produced more potatoes and earned more money in FY26 than in the previous year.
Farm Peace Limited will open its IPO for subscription on September 1, 2026, and close it on September 3.
The fixed-price issue comprises up to 54.24 lakh shares priced at ₹59 each, totaling approximately ₹32 crore.
Investors must apply for at least 4,000 shares, with additional applications allowed in multiples of 2,000 shares.
The company uses a buy-back contract-farming model for processed-grade potatoes across four Gujarat districts.
FY26 revenue rose 14.6% to ₹90.83 crore, while EBITDA increased 34.8% to ₹12.48 crore and profit reached ₹7.53 crore.
- Who
- Farm Peace Limited, an Ahmedabad-based contract-farming company.
- What
- The company is launching a fixed-price IPO of up to 54.24 lakh equity shares at ₹59 per share.
- When
- The IPO opens on September 1, 2026, and closes on September 3, 2026.
- Where
- The company is headquartered in Ahmedabad and operates with farmers in Sabarkantha, Aravalli, Mehsana and Banaskantha districts of Gujarat.
- Why
- IPO proceeds are proposed for incremental working capital and general corporate purposes.
- Issue size
- Up to 54.24 lakh equity shares
- Issue price
- ₹59 per equity share
- Total offer value
- Approximately ₹32 crore, or ₹3,200.16 lakh
- Application lot
- 4,000 shares initially, followed by multiples of 2,000 shares
- Market maker reservation
- 2.72 lakh shares valued at approximately ₹1.60 crore
- FY26 production
- 61,680 metric tonnes across more than 5,660 acres
- FY26 financials
- Revenue of ₹90.83 crore, EBITDA of ₹12.48 crore and profit after tax of ₹7.53 crore
