Indo Farm Equipment's IPO funds show no diversion as of June 30, 2026. While debt and subsidiary investments are complete, crane manufacturing expansion faces delays. Unutilized funds are in low-risk instruments.
Indo Farm Equipment Ltd. IPO Fund Utilization Update
Total IPO Proceeds: ₹184.90 Crore
Unutilized Amount: ₹44.79 Crore
Reader Takeaway: No fund diversion confirmed, but crane expansion faces delays. Remaining funds earn interest.