ideaForge Technology Ltd.
June 26, 2023 – June 30, 2023
| Price | ₹638 - ₹672 |
| Premium | ₹610 |
|---|---|
| Lot size | 22 |
| Allotment | Jul 5, 2023 |
| Listing | Jul 7, 2023 |
Live Rate
| Open | |
|---|---|
| High | |
| Low | |
| Prev. Close | |
| Lower circuit | |
| Upper circuit | |
| 52w High | |
| 52w Low | |
| P/E Ratio |
Shareholding Pattern
Subscription
Last Updated as on 30-Jun-2023 17:54:00
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIBs | 25,28,596 | 31,81,11,376 | 125.81 |
| HNIs | 12,64,297 | 10,18,73,772 | 80.58 |
| HNIs (10+L) | 8,42,864 | 6,91,07,412 | 81.99 |
| HNIs (2-10L) | 4,21,433 | 3,27,66,360 | 77.75 |
| Retail | 8,42,865 | 7,17,78,806 | 85.16 |
| Employees | 13,112 | 12,66,496 | 96.59 |
| Total | 46,48,870 | 49,30,30,450 | 106.05 |
About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 22 | 14784 | 0 |
| sHNI | 14 | 308 | 206976 | 0 |
| bHNI | 68 | 1496 | 1005312 | 0 |
| Category | Lot(s) | Qty | Amount | One Time |
|---|---|---|---|---|
| Retail | 1 | 22 | 14784 | 38309 |
| HNI (2+ Lakh) | 14 | 308 | 206976 | 1368 |
| HNI (10+ Lakh) | 68 | 1496 | 1005312 | 2736 |
Incorporated in 2007, ideaForge Technology Limited is engaged in the business of manufacturing Unmanned Aircraft Systems (UAS).
The company is a market leader in the Indian Unmanned Aircraft Systems ("UAS") market with a market share of approximately 50% in fiscal 2022. It has the largest operational deployment of indigenous UAVs across India, with an ideaForge-manufactured drone taking off every five minutes for surveillance and mapping on average.
The company has been ranked 7th globally in the dual-use category (civil and defense) drone manufacturers as per the report published by Drone Industry Insights in December 2022
ideaForge Technology IPO Details
| Total Issue Size | |
| Fresh Issue | [.] shares (aggregating up to ₹300.00 Cr) |
| Offer for Sale | 4,869,712 shares of ₹10 (aggregating up to ₹[.] Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
ideaForge Technology IPO Reservation
| QIB Shares Offered | Not more than 75.00% of the Net offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
| Retail Shares Offered | Not less than 10.00% of the Offer |
Company Financials
| Period Ended | 31- Mar-19 | 31- Mar-20 | 31- Mar-21 | 31- Mar-22 |
|---|---|---|---|---|
| Total Assets | 90.14 | 78.85 | 123.50 | 211.66 |
| Total Revenue | 21.94 | 16.40 | 36.27 | 164.56 |
| Profit After Tax | -10.28 | -13.54 | -14.29 | 54.85 |
| Reserves and Surplus | 81.18 | 68.35 | 60.27 | 121.77 |
Strength
Weakness
Latest Announcements
| Date | Subject | Attachment Text |
|---|
Financial Results
Lead Manager(s)
Address
ideaForge Technology Limited
EL-146 TTC Industrial Area,
Electronic Zone, MIDC Mahape,
Navi Mumbai – 400 710
Phone: +91 84476 12778
Email: business@ideaforgetech.com
Website: https://ideaforgetech.com/