Farm Peace IPO Details: Key Dates, Price Band & Investment Overview

By Wealthova | Last Updated: August 27, 2026

Farm Peace Limited, an emerging player in the sustainable agriculture and horticulture sector, is gearing up to make its primary market debut with an upcoming ₹32.00 Crore SME IPO. Headquartered in Ahmedabad, Gujarat, the company focuses on the cultivation of diverse crops, market gardening, and sustainable farming practices, while also integrating eco-friendly agro-tourism experiences. Operating a unique business model that emphasizes community involvement, Farm Peace supplies high-quality agricultural produce while offering serene, nature-focused getaway experiences. The subscription window for this fixed-price issue is upcoming and will be announced shortly. The issue is priced at ₹59 per equity share, comprising entirely of a fresh issue of ₹32.00 Crore (54.24 lakh shares) with absolutely no Offer for Sale (OFS) component. The company plans to utilize the fresh capital primarily to fund its agricultural infrastructure expansion, meet incremental working capital requirements, and for general corporate purposes. Set to list on the BSE SME platform, market participants are closely watching this innovative agro-focused enterprise. Below, we break down the financial health, industry risk factors, and our honest Smart Market Insights to help you decide if you should subscribe to this issue!



Farm Peace IPO Details

Quick IPO Factsheet

Bidding Opens

September 1, 2026

Bidding Closes

September 3, 2026

Issue Price

₹59 Fixed Price

Lot Size

2,000 Shares

(Min. 2 Lots for Retail)
Total Issue Size

₹32.00 Cr

Fresh Issue Size

₹32.00 Cr

Retail Category

50% Allocation

Face Value

₹10 Base

Market Structure

SME (BSE SME)




Farm Peace IPO Timeline

IPO Open Date September 1, 2026
IPO Close Date September 3, 2026
Basis of Allotment September 4, 2026
Initiation of Refunds September 7, 2026
Credit to Demat Account September 7, 2026
BSE SME Listing Date September 8, 2026



Deep-Dive Corporate Profile: What Does Farm Peace Limited Do?

Incorporated in October 2021, Farm Peace Limited is a specialized, integrated contract farming company focused on the cultivation and supply of processed-grade potato varieties. Operating primarily in the agro-climatically favorable region of Gujarat, the company cultivates high-demand potato strains—such as Santana, Frysona, Innovators, Lady Rosetta, and Chipsona—which are strictly utilized by commercial processing companies to manufacture French fries, potato chips, and other value-added snack products.

Their core operational model and business highlights include:

  • 100% Buy-Back Contract Farming Model: Farm Peace operates closely with a vast network of farmers in Gujarat under a secure buy-back framework. They assure farmers that they will purchase their entire produce at pre-agreed prices, completely protecting the growers from open-market price fluctuations.
  • End-to-End Agronomic Support: The company does not just buy crops; they manage the entire lifecycle. They provide farmers with certified high-yield seeds, fertilizers, pesticides, and technical guidance on modern farming techniques like drip irrigation. Their involvement spans seed selection, soil preparation, pest management, and harvesting.
  • Robust Supply Chain & Logistics: To ensure that the specialized potatoes reach commercial processors without quality degradation or post-harvest losses, Farm Peace heavily integrates cold storage facilities and temperature-controlled logistics into its supply chain.
  • Massive Cultivation Scale: As of August 2026, the company manages an expansive agricultural footprint, overseeing the cultivation of over 5,660 acres. This massive network enables them to produce and supply 61,680 metric tonnes of processing-grade potatoes annually.


Why is the Company Raising Funds? (Objects of the Issue)

The Farm Peace IPO is a 100% fresh equity issue sized at ₹32.00 Crore. Because there is absolutely no Offer for Sale (OFS) component, all incoming capital will be injected directly into the company to scale its contract farming operations and support its expanding farmer network.

The company intends to deploy the net proceeds across the following strategic objectives:

  • Funding Incremental Working Capital (₹23.00 Crore): The vast majority of the IPO funds (nearly 72%) will be utilized to meet heavy working capital requirements. Given their 100% buy-back model, Farm Peace requires significant upfront capital to procure certified seeds, fertilizers, and agrochemicals for thousands of acres, as well as to ensure timely, pre-agreed payouts to their contracted farmers upon harvest.
  • General Corporate Purposes (₹4.80 Crore): A strategic reserve allocated to drive inorganic growth, support new market expansion initiatives, and cover ongoing operational contingencies.
  • Issue Expenses (₹4.20 Crore): This portion is strictly allocated to cover the legal, merchant banking, and administrative fees associated with floating the public issue on the BSE SME platform.

💼 Working Capital 71.88%
🏛️ General Corporate 15.00%
📑 Issue Expenses 13.12%



Company Financials

*All amounts are in ₹ Crores
📅 Period Ended 📈 Total Income 💼 Net Worth 💰 PAT 🏦 Assets
FY 2023 ₹26.30 ₹2.88 ₹0.31 ₹16.79
FY 2024 ₹62.75 ₹9.04 ₹6.16 ₹31.76
FY 2025 ₹79.98 ₹35.95 ₹6.66 ₹69.32



Farm Peace IPO Key Performance Indicators (KPIs)

Financial KPI (FY25)* Value
Return on Equity (ROE) 29.61% (FY25)
Return on Capital Employed (ROCE) 33.73% (FY25)
EBITDA Margin 11.68% (FY25)
PAT Margin 8.41% (FY25)
Debt to Equity Ratio 0.07 (FY25)
Return on Net Worth (RoNW) 18.53% (FY25)
Earnings Per Share (EPS) ₹4.39 (Pre-IPO) | ₹3.24 (Post-IPO)
Price/Earning (P/E) Ratio 13.43x (Pre-IPO) | 18.20x (Post-IPO)
Net Asset Value (NAV) ₹24.99 (Pre-IPO)



Promoters & Shareholding Pattern

Shareholder Category Pre-IPO Holding Post-IPO Holding
Promoter & Promoter Group 73.96% 54.46%
Public / Institutional / Others 26.04% 45.54%
💡
Smart Market Insights

Farm Peace Limited is promoted by Sandipkumar Narsinhbhai Patel, Sudhir Haribhai Patel, Girishbhai Faljibhai Patel, and Kulin Kiran Patel. Prior to this issue, the promoter group held a dominant 73.96% equity stake. Post-issue, factoring in the ₹32.00 Crore fresh equity dilution (with absolutely zero Offer for Sale), the promoter holding will adjust to a majority of 54.46%. The allocation of ₹23.00 Crore strictly towards incremental working capital is a highly strategic move to aggressively fund their 100% buy-back contract farming model, ensuring they can scale their potato cultivation footprint and meet the upfront capital requirements for seeds and farmer payouts.

Industry Peer Comparison

Company Name EPS (₹) P/E Ratio (Post-IPO) RoNW (%)
Farm Peace Ltd (IPO) 3.24 18.20x 18.53%
Listed Industry Peers N/A N/A N/A

*As per the official RHP, there are no listed companies in India whose business operations or scale are directly comparable to Farm Peace Limited.



IPO Strengths & Key Risks

Strengths
Specialized Focus on Processed-Grade Crops: Farm Peace demonstrates strong expertise in cultivating high-demand commercial potato varieties (like Santana, Frysona, and Chipsona), ensuring a ready B2B market from large FMCG snack and French fry processors.
Integrated Contract Farming Ecosystem: The company provides end-to-end agronomic support—from supplying certified seeds and fertilizers to on-ground technical consulting—ensuring consistent crop quality and higher yields.
100% Buy-Back Security Model: By offering guaranteed crop procurement at pre-agreed prices, the company protects growers from open-market price crashes, fostering deep, long-term loyalty and high retention rates across its massive farmer network.
Asset-Light Scalability: By partnering with regional farmers rather than acquiring vast tracts of agricultural land directly, Farm Peace can rapidly scale its cultivation acreage with significantly lower capital expenditure.
Key Risks
Agro-Climatic & Environmental Vulnerabilities: Operations are highly susceptible to unpredictable weather patterns, unseasonal rainfall, droughts, and crop diseases (such as blight), which can severely decimate harvest yields and disrupt the supply chain.
Massive Working Capital Intensity: The contract farming model requires heavy upfront cash outflows to supply seeds and timely farmer payouts. Failure to efficiently manage this cycle can trigger severe liquidity crunches (evidenced by nearly 72% of the IPO proceeds going strictly toward working capital).
High Client Concentration: The company relies heavily on a concentrated handful of large-scale commercial food processing companies for its revenue. The loss of a major B2B supply contract could drastically impact top-line earnings.
Cold Chain & Spoilage Risks: Processed-grade potatoes have strict storage requirements. Any breakdown in temperature-controlled logistics or cold storage facilities can lead to immediate inventory spoilage and heavy financial losses.



💡

Smart Market Insights

Wealthova Verdict: SUBSCRIBE (FOR MEDIUM TO LONG TERM)

Farm Peace Limited has built an integrated, asset-light contract farming model focused exclusively on high-demand, processed-grade potato varieties (such as Santana, Frysona, and Chipsona). By connecting directly with regional farmers across Gujarat through a 100% buy-back guarantee and offering end-to-end agronomic support, the company ensures a dependable supply chain for commercial potato chip and French fry manufacturers. This specialized B2B focus has fueled rapid business expansion, with total income leaping from ₹26.30 Crore in FY23 to ₹79.98 Crore in FY25, while Profit After Tax (PAT) expanded from ₹0.31 Crore to ₹6.66 Crore over the same timeframe.

Operationally, the company demonstrates exceptional capital efficiency, delivering a Return on Capital Employed (ROCE) of 33.73%, a Return on Equity (ROE) of 29.61%, and a remarkably healthy balance sheet with a debt-to-equity ratio of just 0.07. The ₹32.00 Crore IPO is a 100% fresh equity issue, with ₹23.00 Crore (71.88%) earmarked directly for working capital. This infusion will directly strengthen their ability to scale acreage, procure certified seeds, and fund upfront farmer procurement cycles. However, investors must evaluate core agricultural risks: vulnerability to unseasonal weather and crop diseases, high client concentration among a few large food processors, cold-storage dependency, and the working-capital-intensive nature of guaranteed buy-back agreements.

At the fixed issue price of ₹59 per share, Farm Peace is valued at a post-IPO P/E multiple of 18.20x (based on FY25 post-issue EPS of ₹3.24). For a debt-light agricultural enterprise generating over 33% ROCE with solid top-line momentum, this valuation is reasonably priced and leaves potential upside on the table. Given the SME platform mechanics and a minimum retail application size of ₹2,36,000 (2 lots / 4,000 shares), this issue is best suited for investors with adequate risk tolerance looking for a fundamentally grounded, medium to long-term growth play.

Disclaimer: The information provided above is for educational and informational purposes only and does not constitute financial advice. Initial Public Offerings (IPOs) carry market risks, and equity investments are subject to broader market fluctuations. Wealthova is not a SEBI-registered investment advisor. Always consult with a certified financial planner and conduct your own due diligence before locking up capital in any public issue.



Farm Peace IPO Key Contacts & Advisors

Role / Entity Contact & Details
📋 IPO Registrar Bigshare Services Private Limited

Office No S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East), Mumbai - 400093, Maharashtra, India

🏢 Company Contact Farm Peace Limited

12, Manu Panchal Industrial Estate, Nr. Indira Nagar, Amraiwadi Road, Ahmedabad - 380026, Gujarat, India

Website: farmpeace.in
💼 Merchant Bankers Corporate Capital Ventures Pvt. Ltd.

Book Running Lead Manager

Website: ccvindia.com



Frequently Asked Questions (FAQs)

What are the opening and closing dates for the Farm Peace IPO?
The Farm Peace IPO opens for subscription on September 1, 2026, and closes on September 3, 2026. The basis of allotment will be finalized on September 4, 2026, with the official stock market listing scheduled on the BSE SME platform for September 8, 2026.
What is the minimum lot size and investment required for retail investors?
Retail investors are required to apply for a minimum of 2 lots (4,000 shares). At the fixed issue price of ₹59 per share, the minimum retail investment required is ₹2,36,000. High Net Worth Individuals (HNI / NII) can apply for a minimum of 4 lots (8,000 shares), amounting to ₹4,72,000.
How can I check the allotment status for the Farm Peace IPO?
You can check your Farm Peace IPO allotment status online starting September 4, 2026, using any of the following methods:
  1. Wealthova (Recommended): Check directly on the Wealthova IPO Allotment Status Hub using your PAN number or Application Number for instant verification.
  2. Official Registrar Portal: Visit the official allotment portal of Bigshare Services Private Limited.
  3. Stock Exchange Portal: Verify directly on the official BSE IPO allotment status page.
Where will the Farm Peace IPO be listed?
Farm Peace Limited is an SME public issue, and its equity shares will be listed exclusively on the BSE SME platform on September 8, 2026.
What is the total issue size and price for the IPO?
The total issue size is ₹32.00 Crore, consisting entirely of a Fresh Issue of ₹32.00 Crore (54.24 lakh shares) with absolutely no Offer for Sale (OFS) component. It is a fixed-price issue priced at ₹59 per equity share.
Who is the registrar and lead manager for this public issue?
Bigshare Services Private Limited is acting as the official IPO Registrar. The Book Running Lead Manager for the issue is Corporate Capital Ventures Pvt. Ltd.