Ideaforge Technology Limited

Ideaforge Technology Limited

MainboardClosed

₹14,784(22 Shares)

Minimum Investment

IPO Dates

Jun 26, 2023 – Jun 30, 2023

Price Band

₹638–672 per equity share

Lot Size

22

Listing

Jul 7, 2023

Listing At

BSE, NSE

Jun 26, 2023Open DateCompleted
Jun 30, 2023Close DateCompleted
TBAAllotment DateUpcoming
Jul 7, 2023Listing DateCompleted

Ideaforge Technology Limited Live Subscription Details

All IPOs
Employee96.57x
Retail85.15x
QIB125.81x
NIIs
80.58x

NII Sub-Categories

bHNI (> ₹10L)

Bids above ₹10L

81.99x

sHNI (< ₹10L)

Bids ₹2L to ₹10L

77.75x

Overall Subscription

Total Bids Received

106.05x

Ideaforge Technology Limited IPO Issue Details

Issue Price
₹638-672 Per Equity Share
Face Value
₹10 Per Equity Share
Listing At
BSE, NSE
Listing Date
Jul 7, 2023

Company Information

ideaForge Technology Limited is engaged in the business of manufacturing Unmanned Aircraft Systems (UAS).The company manufactures Unmanned Aircraft Vehicles for Mapping, Security & Surveillance. These...

Valuations

RoNW

9.85%

Financial Information (₹ in Crores)

MetricFY 22FY 22FY 21FY 20
Total Assets392.15222.33123.7479.79
Total Revenue143.44161.4536.3416.32
Profit After Tax45.2144.0114.6313.45
Net Worth

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Repayment/prepayment of certain indebtedness availed by the company
  2. 2Funding working capital requirements
  3. 3Investment in product development
  4. 4General corporate purposes

Ideaforge Technology Limited – Promoter(s)

Mr. Ankit Mehta
Mr. Rahul Singh
Mr. Ashish Bhat

Contact Details

Ideaforge Technology Limited IPO Documents

Frequently Asked Questions — Ideaforge Technology Limited IPO

The Ideaforge Technology Limited IPO price band is set at ₹638.00 to ₹672.00 per equity share.

The lot size for Ideaforge Technology Limited IPO is 22 shares per lot. The minimum investment amount is approximately ₹14,784.

The Ideaforge Technology Limited IPO opens on Jun 26, 2023 and closes on Jun 30, 2023.

Ideaforge Technology Limited IPO is expected to be listed on Jul 7, 2023 on BSE, NSE.

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