Announced Tue, 7 Jul · 20:22 IST
ideaForge opens QIP issue, sets floor price at Rs 835.86 per share
IDEAFORGE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+2.5%1-day move
₹839.10
prior close
₹832.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4+4.6+3.0+2.0+2.5+7.3+8.2+8.0+4.3+0.6————
Up moveDown movePending
AI summary
ideaForge Technology has opened its Qualified Institutions Placement (QIP) issue on July 7, 2026. Floor price fixed at Rs. 835.86 per equity share of face value Rs. 10. The company may offer a discount of up to 5 percent on the floor price. Final issue price will be decided in consultation with book running lead managers. Shareholders had already approved the QIP via a special resolution through postal ballot on July 4, 2026.
Likely market impact
QIP opens with Rs 835.86 floor price. Likely dilution for existing shareholders. Watch final issue price to see actual discount applied.