Listed Price₹1300.00
Listing Gain+93.45%
Price Band₹638 - ₹672
Lot Size22 shares
Min Bid₹14,784
Subscription106.05x
Listed Market Snapshot
₹1300.00Listed price from market data
+93.45%listing gain
Issue Amount
₹567.29 Cr
Listed Price
₹1300.00
Current Price
₹817.7
Registrar
Link Intime India Private Limited
Timeline•Book Built Issue IPO
Open26 Jun 2023
Close30 Jun 2023
Allotment05 Jul 2023
Listing07 Jul 2023
Quota Reservation Portions
QIBPortion: 63,21,490 shares
74.88%Nii (hni)Portion: 12,64,297 shares
14.98%RetailPortion: 8,42,865 shares
9.98%EmployeePortion: 13,112 shares
0.16%Minimum Application Bracket Matrix
Retail1 lots / 22 shares
₹14,784sHNI14 lots / 308 shares
₹2,06,976bHNI68 lots / 1,496 shares
₹10,05,312About the Company
ideaForge Technology Limited, incorporated in 2007, is a leading Indian manufacturer of Unmanned Aircraft Systems (UAS) with a market share of approximately 50% in fiscal 2022. The company has the largest operational deployment of indigenous UAVs in India, with an ideaForge-manufactured drone taking off every five minutes on average for surveillance and mapping. Globally, it is ranked 7th in the dual-use (civil and defense) drone manufacturing category, according to Drone Industry Insights’ December 2022 report.
Company Promoters
Mr. Ankit MehtaMr. Rahul SinghMr. Ashish Bhat
Lead Managers
Registrar
Link Intime India Private Limited