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

QIP at a discountQIP at a premiumFund Raising View source PDF Explain this filing

IDEAFORGE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.8%Reaction day

₹900.75

prior close

₹895.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%+0.7% vs market

On the reaction day the stock moved 0.7 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+3.1

10m

+1.7

15m

+1.1

30m

+2.7

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

+0.8+0.1+0.7

Next day

+0.6-0.9+1.4

-2.9-0.2-2.6

-5.1-0.7-4.4

-6.3-1.8-4.5

-5.1-1.2-3.9

-4.3-2.0-2.3

15d

-1.4+0.0-1.5

-13.2+2.5-15.7

-21.4+1.1-22.5

-17.4+1.2-18.6

UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

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.