What is the Ideaforge Technology price band and lot size?

Ideaforge Technology is priced at ₹638 – ₹672 per share with a lot size of 22 shares, so the minimum application is ₹14,784.

How much was Ideaforge Technology subscribed?

Ideaforge Technology was subscribed 106× in total across both exchanges.

How have IPOs like Ideaforge Technology performed?

Of the 59 mainboard issues that listed in 2023 and that MarketPing can price, the median return since issue price is +32.1% and 39% trade below their issue price. This is a base rate for the cohort, not a forecast for this issue.

ListedMainboardIDEAFORGE

Ideaforge Technology

Ideaforge Technology is a mainboard IPO raising ₹567 Cr at ₹638 – ₹672 a share. It listed on 7 Jul 2023 and trades at ₹716 today, +6.6% against its issue price of ₹672. It was subscribed 106× in total.

Get alerts on this company Company page Prospectus ↗

₹672

Issue price

₹716

Price now

+6.6%

Since issue price

7 Jul 2023

Listed on

106×Subscribed (final) · all exchanges

106.1 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

How its cohort has done

59 mainboard issues listed in 2023 that we can price today. This is the group this issue belongs to.

+32.1%

Median return since issue price

39%

Now trading below their issue price

Neither figure is a forecast for this issue — they describe what happened to comparable issues. Full cohort analytics →

How the book finished

The category split is the number worth reading, not the total.

QIB126×

Non-institutional81×

Retail85×

Demand is spread fairly evenly across investor categories.

See the full split, sub-category by sub-category →

What we hold for this issue

Stated up front on every issue, so a sparse page reads as a fact about the source rather than a broken one.

Category split — who bidQIB, non-institutional and retail, with sub-splits

How demand built over timeFinal figure held, but no series — we were not sampling this issue while it was live

Price-point demand curveLive only — NSE stops serving this once bidding closes

Lead managers and registrar2 banks

Official documents5 documents

Listing-day priceNot published for this issue — the exchanges only began carrying it during 2024

Performance since listingComputed from our own daily closes

Led by JM Financial Limited — median +15.1% across the 107 of its issues we can price. All lead managers →

What happens when

26 JunBidding opens

30 JunBidding closes

5 JulAllotment

6 JulRefunds

7 JulListing

Track IDEAFORGE TECHNO LTD

Results, orders, board decisions and every other filing — summarised and sent to your WhatsApp the minute they are out.

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Figures are as published by the exchanges and the issuer’s prospectus. MarketPing publishes facts, comparisons and history only — nothing here is a recommendation to apply to this issue, and we do not publish grey market premium.