June 20, 2024

ideaForge IPO Got Bumper Listing, massive 94 percent premium

1 min read
ideaforge ipo

ideaForge IPO Got Bumper Listing with massive 94 percent premium. ideaForge Listing Price was 672 Rs and Stock Open at 1305 Rs With Huge Premium. In Grey Market, It was Expected to be Open at 65-75% Premium listing.

ideaForge is having first moving advantage in this sector and having range of variety in Drone Segment. ideaForge served customers like central armed police forces, police departments and private contractors etc

ideaForge Technology Limited Company is pioneer and the pre-eminent market leader in the Indian Unmanned Aircraft Systems (“UAS”) market with a market share of approximately 50% in fiscal 2022 (Source: 1Lattice Report).

ideaForge UAVs are able to help the defense forces and law enforcement agencies to conduct surveillance operations. ideaForge UAVs can assist defense forces in conducting Intelligence, Surveillance, and Reconnaissance (ISR) operations along borders.

ideaForge Technology Limited IPO Price Set as ₹638 to ₹672 per share. On Last Day June 30, ideaForge Technology Limited IPO Subscribe 106X. ideaForge Technology Limited IPO, QIB Subscribe the Most 125.81X, NII Subscribe 80.58X, Retail Subscribe 85.20X and Employee Subscribe 96.65X.

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