ideaForge IPO allotment status check online directly on Link Intime, BSE – how it works | Do you know the listing date on NSE, BSE | Share Grant Date

ideaForge IPO Allotment Status Check Online Directly on Link Intime, BSE: Check out the step-by-step guide to do the check via direct links.

Updated on July 3, 2023 | 11:49 p.m. IST

ideaForge IPO Grant Date and Status: Check Online Direct Link Intime, BSE How To | Do you know the listing date on NSE, BSE

Subscribe to notifications Unsubscribe from notifications Check ideaForge IPO allotment status online directly on Link Intime, BSE: Drone maker ideaforge Technology’s IPO drew a whopping 106.05 subscriptions as of Friday’s closing day, helped by strong investor participation. The price of Rs.567.24-crore received bids for 49,30,29,570 shares versus 46,48,870 shares offered in the first share sale, NSE data shows.

The Qualified Institutional Buyers (QIBs) category received a whopping 125.81 subscriptions. The retail investors (RIIs) portion received 85.16x subscriptions and the non-institutional investors portion received 80.58x subscriptions.

IdeaForge IPO grant date

4th of July

How to check ideaforge Technology IPO allotment status online directly on Link Intime

Step 1 – Login to the link Intime web link – linkintime.co.in/MIPO/Ipoallotment.html

Step 2 – Select the ideaforge Technology IPO

Step 3 – Enter your PAN information

Step 4 – Click on the “Search” option.

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You will find out the IPO allocation status of your application for ideaforge Technology

How to check ideaforge Technology IPO allotment status online direct from BSE:-

Step 1 – Sign up using the BSE link – bseindia.com/investors/appli_check.aspx

Step 2 – Select the ideaforge Technology IPO

Step 3: Enter your ideaforge Technology IPO application number

Step 4: Enter your PAN card details

Step 5 – Click on “I’m not a robot”.

Step 6 – Click on the “Send” button.

You will find out the IPO allocation status of your application for ideaforge Technology

ideaForge IPO: Listing on the NSE, BSE

ideaForge’s IPO is expected to be listed on the BSE and NSE on July 7th

ideaforge Technology: Company profile

Founded in 2007, the Mumbai-based company has the largest operational deployment of domestic unmanned aerial vehicles (UAVs) in all of India.

IdeaForge has been backed by several large corporates and private equity investors including Qualcomm Asia, Infosys and Celesta Capital.

The drone manufacturer’s customers include the armed forces, central armed forces, state law enforcement agencies, disaster relief forces, forest agencies and civilian customers.

IPO of ideaforge Technology: Details

-The IPO comprises a new issue totaling up to Rs. 240 crore and an offering for sale of up to 48,69,712 shares.

-The price range for the offering was between 638 and 672 rupees per share.

– Of the total proceeds from the new issue, Rs. 50 crore will be used to service debt, Rs. 135 crore to fund the working capital gap, Rs. 40 crore to invest in product development and the remainder for general corporate purposes.

IPO of ideaforge Technology: Manager

JM Financial and IIFL Securities were the managers of the offering.