Announced Fri, 10 Jul · 21:35 IST
ideaForge QIP closes at Rs 795; raises about Rs 500 crore
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
+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.