IPO Listed — 08 Sep 2026
Listing Price: ₹112.1
Farm Peace SME IPO GMP History | Listing Price ₹112.1 & Kostak Rate
Farm Peace SME IPO has been listed on September 8, 2026 at a listing price of ₹112.1, against the issue price of ₹59 — a gain of ₹53.1 (+90%). The GMP peaked at ₹59 on 8 September 2026 and reached a low of ₹3 on 3 September 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Farm Peace SME IPO raised ₹32 Cr. through its IPO at a price band of ₹59 per share, with a lot size of 2000 shares. The IPO was open for subscription from 01 Sep 2026 to 03 Sep 2026.
GMP Trend Chart
Day-wise GMP Trend
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 08 Sep 2026 | ₹ 59 | 100.00% | ₹ 0 | ₹ 0 | |
| 07 Sep 2026 | ₹ 59 | 100.00% | ₹ 0 | ₹ 0 | |
| 06 Sep 2026 | ₹ 50 | 84.75% | ₹ 0 | ₹ 0 | |
| 05 Sep 2026 | ₹ 47 | 79.66% | ₹ 0 | ₹ 0 | |
| 04 Sep 2026 | ₹ 20 | 33.90% | ₹ 0 | ₹ 0 | |
| 03 Sep 2026 | ₹ 3 | 5.08% | ₹ 0 | ₹ 0 |
Farm Peace SME IPO Dates
| Event | Date |
|---|---|
| Open Date | 01 Sep, 2026 |
| Close Date | 03 Sep, 2026 |
| Allotment Date | 04 Sep, 2026 |
| Refund Date | 07 Sep, 2026 |
| Credit to Demat | 07 Sep, 2026 |
| Listing Date | 08 Sep, 2026 |
Farm Peace SME IPO Actual Listing Price
| Basis | Value |
|---|---|
| Issue Price | ₹59 |
| GMP-Based Estimate (Pre-Listing) | ₹118 (+100%) |
| Actual Listing Price | ₹112.1 (+90%) |
| Listing Gain / Loss | +₹53.1 per share |
| Listing Date | 08 Sep, 2026 |
Is Farm Peace SME IPO GMP Reliable?
Grey market premium for Farm Peace SME IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- Cross-check before acting: Review the Farm Peace SME IPO full review for a fundamentals-based assessment before making any grey market trades.
Farm Peace SME IPO IPO Kostak Rate Explained
The Kostak rate for Farm Peace SME IPO was not active during the subscription period, as no grey market premium was established. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not active for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Farm Peace SME IPO
The company works with farmers in Gujarat under a 100% buy-back model. It gives the farmer certified seed, farming guidance, fertilizers, pesticides and modern methods such as drip irrigation, and in return promises to buy the whole crop at a price agreed in advance. This protects the farmer from price falls in the open market.
It supports the farmer at every stage, from choosing the seed and preparing the soil to irrigation, pest control, harvesting and handling after harvest. It also runs cold storage and temperature controlled transport so the potatoes reach the processing companies without spoiling. As on August 2026 it was working mainly in Gujarat under the Farm Peace brand, covering more than 5,660 acres and producing about 61,680 metric tonnes of potatoes a year.
Strengths & Risks
Strengths
- ✓ Sales have grown every year, from Rs 62.75 crore in FY2024 to Rs 79.98 crore in FY2025 and Rs 90.84 crore in FY2026.
- ✓ Profit has also grown steadily, from Rs 6.16 crore in FY2024 to Rs 6.66 crore in FY2025 and Rs 7.53 crore in FY2026.
- ✓ EBITDA improved to Rs 12.48 crore in FY2026 from Rs 9.26 crore the year before.
- ✓ Return ratios are good, with RoCE of 26.64% and RoNW of 17.32%, and the issue is priced at about 16.12 times earnings on an EPS of Rs 3.66.
- ✓ Net worth has grown strongly, from Rs 9.04 crore in FY2024 to Rs 43.48 crore in FY2026.
- ✓ The buy-back model gives the company an assured supply of the exact potato varieties its customers need, which is hard to get from the open market.
- ✓ It owns cold storage and temperature controlled transport, which reduces spoilage and protects quality till delivery.
- ✓ Its buyers are processing companies making French fries and chips, which is steady industrial demand rather than seasonal retail demand.
- ✓ The whole issue is fresh capital, and the stated uses add up to the full issue size of Rs 32 crore.
Risks
- ⚠ The company is very young. It was started only in October 2021, so it has under five years of operating history and has not been tested through a bad crop cycle.
- ⚠ Borrowing jumped more than four times in one year, from Rs 2.46 crore in FY2025 to Rs 11.28 crore in FY2026.
- ⚠ This is farming, so it depends on weather. Poor rain, frost or disease in a season directly reduces yield and there is little the company can do about it.
- ⚠ The 100% buy-back promise cuts both ways. The company must buy the crop at the pre-agreed price even if the market price has fallen below it, so the price risk sits with the company.
- ⚠ The whole business is concentrated in Gujarat, so any local weather, water or regulatory problem affects everything.
- ⚠ The customers are a small set of potato processing companies. If one large processor cuts its intake, a big share of the sales is affected.
- ⚠ Rs 23 crore of the Rs 32 crore issue goes into working capital, which shows how much money stays blocked in seed, inputs and stored crop.
- ⚠ This is a fixed price issue at Rs 59 per share, so there is no price discovery through bidding.
- ⚠ Promoter holding will come down from 73.96% to 54.46% after the issue.
- ⚠ This is an SME issue. One lot is 2,000 shares, which is Rs 1.18 lakh at the issue price, and SME shares usually trade in low volume after listing.
Frequently Asked Questions about Farm Peace SME IPO
What is the GMP of Farm Peace SME IPO?
The current Grey Market Premium (GMP) of Farm Peace SME IPO is ₹ 59.
What is the Kostak Price of Farm Peace SME IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Farm Peace SME IPO is currently not available.
What is the Subject to Sauda Price of Farm Peace SME IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is currently not available.
What was the actual listing price of Farm Peace SME IPO?
Farm Peace SME IPO listed on September 8, 2026 at ₹112.1, against the issue price of ₹59 — a gain of +90%.
How did the GMP of Farm Peace SME IPO trend before listing?
The GMP of Farm Peace SME IPO was stable in its final days before listing. The GMP peaked at ₹59 on 8 September 2026. View the day-wise table above for the complete GMP history.
Explore Farm Peace SME IPO Further
For a complete picture before making your investment decision, explore these resources:
