Farm Peace Ltd.
FARMPEACESME
Overview
Farm Peace Limited is an integrated contract-farming and agri-supply company focused on processing-grade potato varieties (such as Santana, Frysona, Innovator, Lady Rosetta and Chipsona) in Gujarat. It works with farmers under a 100% buy-back model, providing certified seeds, agronomy/field support, and post-harvest logistics and cold-chain management to supply specification-compliant potatoes to food processors making French fries, chips, flakes, starch and other potato-based products, supported by its Farm Peace mobile application for field data capture and traceability.
Opening Date
Sep 01, 2026
Closing Date
Sep 03, 2026
Listing Date
Sep 08, 2026
IPO Type
SME
IPO Status
Listing pending
Issue Size
32 Cr
Fresh Issue
32 Cr
Offer for Sale
0 Cr
Price Band
₹59 - ₹59
Lot Size
2000
IPO Timeline
Financials
Revenue
Profit After Tax (PAT)
Use of IPO funds
Key Performance Indicator
P/E Ratio
11.87
EPS
4.97
ROE
18.96%
ROCE
26.64%
RONW
17.32%
Debt to Equity Ratio
0.26
PAT Margin
8.41%
EBITDA Margin
13.74%
P/B
2.06
Bull vs Bear
Bull case
- •
The buy-back model can keep farmers loyal, so supply is steadier than open-market buying. That reliability matters when processors demand exact quality, on time.
- •
Gujarat’s climate fits processing potatoes, helping keep sugar low. This matters because processors reject dark-frying potatoes, which can hit volumes and reputation.
- •
Farm monitoring and quality checks can reduce spoilage and rejections. That matters because potatoes are perishable, and waste directly hurts cash and margins.
Bear case
- •
They rely on verbal arrangements with farmers, not enforceable contracts. If farmers side-sell or disagree on quality, supply gaps can hurt customer deliveries and revenue.
- •
Operations depend on weather and seasons in Gujarat. Bad rains, heat, or pests can cut yields, raise sourcing costs, and squeeze margins in a tight harvest window.
- •
Most operations are concentrated in Gujarat. A regional disruption can stall cultivation, storage, and logistics, and shifting quickly to other states may be difficult.
Net takeaway
This business is a middle link between farmers and processors, and the long-term idea is a reliable, quality potato supply chain supported by field monitoring and storage. It works best if farmer relationships stay strong and Gujarat keeps delivering suitable crops, but it can break if weather shocks hit or farmers don’t honor informal deals. The main thing to monitor is stability of sourcing—farmer participation and supply consistency through each harvest season.

