IDEAFORGENSEIdeaforge Technology LimitedHighNeutral
Announced Fri, 10 Jul · 21:35 IST

ideaForge QIP closes at Rs 795; raises about Rs 500 crore

Qip At DiscountQip At PremiumFund Raising View source PDF

IDEAFORGE · price

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▲ 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
+0.6%1-day move
₹900.75
prior close
₹895.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+3.1+1.7+1.1+2.7+0.6-2.9-5.1-6.3-5.1-4.3
Up moveDown movePending
AI summary

ideaForge Technology closed its QIP on July 10, 2026, allotting 62,89,308 equity shares at Rs 795 each, a 4.89% discount to the floor price of Rs 835.86. Total issue size is about Rs 500 crore. The issue opened on July 7 and saw applications from qualified institutional buyers.

Likely market impact

Raised about Rs 500 crore from institutions at 4.89% below floor price. Short-term price pressure possible as new shares enter the market.