About Farm Peace IPO
Farm Peace IPO Details
The Farm Peace IPO is a fixed-price SME issue of ₹32.00 crore, entirely a fresh issue of 54.24 lakh equity shares. Each share has a face value of ₹10.
The IPO is to be listed on the BSE SME platform. The issue price is fixed at ₹59 per share. The minimum market lot for an application is 2,000 shares. The minimum investment for an individual (retail) investor is ₹1,18,000 (2,000 shares). The IPO window will be open for subscription from Monday, September 1, 2026 to Wednesday, September 3, 2026.
Socradamus Capital Pvt. Ltd. is the book-running lead manager and Bigshare Services Pvt. Ltd. serves as the registrar of the issue.
Farm Peace IPO Date & Timeline
Farm Peace Limited filed its draft red herring prospectus (DRHP) in the SME segment and the issue has now been priced and dated. The IPO will open on Monday, September 1, 2026 and it will close on Wednesday, September 3, 2026. The basis of allotment is expected to be finalised on Thursday, September 4, 2026 and then refunds plus credit of allotted shares will be done to investors’ demat accounts by Monday, September 7, 2026. The listing date on the BSE SME platform is set for Tuesday, September 8, 2026.
Farm Peace IPO Timeline
| IPO Open Date | Tue, Sep 1, 2026 |
| IPO Close Date | Thu, Sep 3, 2026 |
| Basis of Allotment | Fri, Sep 4, 2026 |
| Initiation of Refunds | Mon, Sep 7, 2026 |
| Credit of Shares to Demat | Mon, Sep 7, 2026 |
| Listing Date | Tue, Sep 8, 2026 |
| Cut-off time for UPI mandate confirmation | - |
Farm Peace IPO Details
| Detail | Description |
|---|---|
| IPO Date | 1 to 3 Sep, 2026 |
| Listing Date | 8 Sep, 2026 |
| Face Value | ₹ 10 Per Equity Share |
| Issue Price | ₹ 59 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital only |
| Total Issue Size | 54,24,000 shares (agg. up to ₹ 32 Cr) |
| Reserved for Market Maker | 2,72,000 shares (agg. up to ₹ 2 Cr) Shreni Shares Ltd. |
| Fresh Issue(Ex Market Maker) | 51,52,000 shares (agg. up to ₹ 30 Cr) |
| Net Offered to Public | 51,52,000 shares (agg. up to ₹ 30 Cr) |
| 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 |
Farm Peace IPO GMP
A “grey market premium”, or GMP, basically means the extra premium at which an IPO’s shares are traded informally before they’re officially listed on the stock exchange.
For Farm Peace IPO, the GMP is currently around ₹0, mirroring how unofficial investors are feeling before the listing actually happens. That premium may point to a possible listing value of around ₹59, which is about 0% higher than the issue price. Sure, the Grey Market Premium works like a strong demand barometer, but GMP is also highly unstable, so it should not be the only guide for how you decide to invest.
IPO Estimated Listing Return
Based on the IPO Price of ₹59 (highest price band), the latest uploaded Grey Market Premium (GMP) of ₹0 and a lot size of 2000 shares.
Farm Peace IPO GMP TREND (DAILY UPDATES)
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| 27 Aug, 2026 | ₹59 | ₹0 | 27 Aug, 202601:18 PM |
Company Background
Farm Peace Limited was incorporated as a private limited company and later converted into a public limited company. Headquartered in Ahmedabad, Gujarat, the company operates as an integrated contract farming business focused on cultivating and supplying processing-grade potatoes to the food processing industry.
Operating primarily across Gujarat, Farm Peace works with farmers to grow varieties such as Santana, Frysona, Innovator, Lady Rosetta and Chipsona, which are used in French fries, potato chips, wafers, flakes, starch and other value-added products. The company supports farmers through a 100% buy-back model, providing certified seeds, agronomic guidance, field monitoring, irrigation and pest-management assistance, while assuring pre-agreed procurement prices.
Operations & Product Range
Farm Peace Limited specialises in contract farming and supply of processing-grade potatoes to food processors. Its major product categories comprise:
- • Processing-grade potatoes: Varieties such as Santana, Frysona, Innovator, Lady Rosetta and Chipsona for French fries, chips, wafers, flakes and starch.
- • Seed potatoes: Certified seed material supplied to farmers under its contract farming model.
- • Value-added services: Agronomic support, input supply, field monitoring and post-harvest handling to ensure quality and yield.
As of FY2026, the company covered around 5,660 acres, engaged 853 farmers and sold 61,680 metric tonnes of potatoes. Production per acre improved to 10.90 tonnes from 10.16 tonnes in FY2024. Santana was the largest revenue contributor at 54.62% of FY2026 revenue, while seed sales contributed another 19.91%. As of August 25, 2026, the company reported a confirmed order book of ₹35.90 crore, primarily comprising supply contracts for Santana, Frysona and Lady Rosetta potatoes.
Facilities & Capacity
Farm Peace Limited operates through a network of contracted farmland across Gujarat, supported by cold storage and temperature-controlled logistics infrastructure to maintain product quality during transportation to processors.
The company’s 100% buy-back model provides farmers with pre-agreed procurement prices, while the company supports the complete crop cycle through certified seeds, agronomic guidance, field monitoring, irrigation and pest-management assistance. This integrated approach enables the company to maintain quality control, ensure timely delivery and scale acreage under cultivation in line with demand from food processors.
Brands & Market Presence
Farm Peace Limited operates under the “Farm Peace” brand as an integrated contract farming company focused on processed-grade potato varieties. The company works closely with farmers in Gujarat and supplies to food processing companies for products like French fries, chips and other value-added foods.
Its business model is built on long-term relationships with both farmers and processors, with a strong presence in Gujarat’s potato-growing belts. The company’s focus on processing-grade varieties and its ability to deliver consistent quality and volume have helped it secure repeat orders from food processors and expand acreage under contract farming.
Revenue Streams & Business Model
Farm Peace Limited generates revenue primarily through:
- • Sale of processing-grade potatoes to food processors for French fries, chips, wafers, flakes and starch.
- • Sale of seed potatoes to contracted and other farmers.
- • Integrated contract farming services, including input supply and agronomic support embedded in the procurement model.
The business model is based on a 100% buy-back arrangement with farmers, where the company provides seeds and technical support and commits to buying the entire crop at pre-agreed prices. This reduces price risk for farmers and ensures a steady supply of quality potatoes for processors. Revenue grew from ₹62.75 crore in FY2024 to ₹79.98 crore in FY2025 and further to ₹90.84 crore in FY2026, indicating steady top-line expansion.
Financial Performance
Farm Peace Limited has shown consistent growth in revenue and profit over the last three fiscal years.
- • FY2024: Revenue ₹62.75 crore, PAT ₹6.16 crore
- • FY2025: Revenue ₹79.98 crore, PAT ₹6.66 crore
- • FY2026: Revenue ₹90.84 crore, PAT ₹7.53 crore
On a margin basis, PAT margin stood at around 8.29% in FY2026. Key valuation and profitability metrics for FY2026 include ROE of 18.96%, ROCE of 26.64%, EBITDA margin of 13.74%, debt-to-equity ratio of 0.26 and EPS of ₹4.97 (basic). At the issue price of ₹59, the post-issue P/E works out to around 11.87x FY2026 earnings.
Management & Shareholding
Farm Peace Limited is promoted by Sandipkumar Narsinhbhai Patel, Sudhir Haribhai Patel, Girishbhai Faljibhai Patel and Kulin Kiran Patel. Before the IPO, the promoters and promoter group held around 73.96% of the pre-issue equity shareholding, with the remaining held by other shareholders. After the IPO, the shareholding structure will see a dilution following the fresh issue of 54.24 lakh equity shares, allowing the company to diversify its ownership base and attract public, institutional and retail investors while maintaining strong promoter control.
Board & Key Management
The Board of Directors of Farm Peace Limited oversees corporate governance, strategic execution and risk management. The board includes experienced directors who bring expertise in agri-business, finance and operations, ensuring compliance and strong financial oversight. The company secretary and compliance officer work closely with the board to maintain statutory standards and operational transparency. (Specific independent director names can be added once the RHP is fully parsed.)
Farm Peace IPO Financial Information
Latest Revenue
90.83
₹ Crore
Profit After Tax
7.53
₹ Crore
Net Worth
43.48
₹ Crore
Total Borrowing
11.28
₹ Crore
| Period Ended | Assets | Revenue | Profit (PAT) | Net Worth | Reserves | Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 2026 | 99.84 | 90.83 | 7.53 | 43.48 | 28.32 | 11.28 |
| 31 Mar 2025 | 69.32 | 79.24 | 6.66 | 35.95 | 32.16 | 2.46 |
| 31 Mar 2024 | 31.76 | 62.55 | 6.16 | 9.04 | 6.52 | 7.12 |
| Amount in ₹ Crore | ||||||
Farm Peace Key Performance Indicator
| KPI | Values(31 Mar 2026) |
|---|---|
| ROE | 18.96 % |
| ROCE | 26.64 % |
| Debt/Equity | 0.26 |
| RoNW | 17.32 % |
| PAT Margin | 8.41 % |
| EBITDA Margin | 13.74 % |
| NAV | 28.69 |
Farm Peace IPO Objectives
The Farm Peace IPO outlines how it plans to spend the net proceeds:
- • ₹23.00 crore for funding incremental working capital requirements
- • ₹4.80 crore for general corporate purposes
- • ₹4.20 crore for issue expenses
The high allocation towards working capital reflects the company’s need to finance crop cycles, farmer advances, input costs and receivables from food processors. This supports the company’s plan to scale acreage under contract farming and strengthen its supply chain and cold-storage capabilities.
Farm Peace IPO Review
Farm Peace Limited operates in a niche segment of the Indian agri-value chain, focusing on processing-grade potatoes for the food processing industry. This segment benefits from the growing demand for packaged snacks, frozen foods and quick-service restaurant offerings, which rely on consistent quality and volume of processing-grade potatoes.
By being an integrated contract farming player with a 100% buy-back model, the company has been able to secure a stable supply base, improve yields per acre and build long-term relationships with both farmers and processors. Revenue and PAT have grown steadily over FY2024–FY2026, with FY2026 revenue of ₹90.84 crore and PAT of ₹7.53 crore indicating an upward trajectory.
The issue will help the company fund incremental working capital, support expansion of acreage under contract farming and strengthen its balance sheet. Investors need to assess various intrinsic risks such as dependence on monsoon and weather conditions, crop failure or disease risk, volatility in input costs, and concentration risk in a single commodity (potatoes) and a limited set of processing clients. Overall, it is an IPO of a focused agri-business looking to scale its contract farming model and working-capital base.
Conclusion
The Farm Peace IPO provides investors the opportunity to invest in a rising firm that has built a specialised contract farming model in the processing-grade potato segment. The company’s integrated approach, 100% buy-back model and focus on processing varieties position it well to benefit from the growing demand for processed potato products in India.
That said, the company operates in an agriculture-linked business with inherent risks related to weather, crop yields and commodity concentration. The IPO is essentially a working-capital and scale-up play for a niche agri-value-chain business rather than a diversified food or FMCG story.
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Competitive Strengths
Niche product focus: Specialisation in processing-grade potato varieties (Santana, Frysona, Innovator, Lady Rosetta, Chipsona) for French fries, chips and other value-added products.
Integrated contract farming model: 100% buy-back arrangement with farmers, backed by certified seeds, agronomic support and field monitoring.
Improving productivity: Yield per acre improved from 10.16 tonnes in FY2024 to 10.90 tonnes in FY2026, indicating better agronomic practices and farmer support.
Experienced promoters: A promoter group with in-depth knowledge of the agri-business and contract farming ecosystem in Gujarat.
Visible order book: As of August 25, 2026, a confirmed order book of ₹35.90 crore provides revenue visibility for the near term.
Download regulatory filings
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 4,000 | 2,36,000 |
| Individual investors (Retail) (Max) | 2 | 4,000 | 2,36,000 |
| HNI (Min) | 3 | 6,000 | 3,54,000 |