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 ₹851 today, +26.6% against its issue price of ₹672. It was subscribed 106× in total.
₹672
Issue price
₹851
Price now
+26.6%
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
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 25,28,596 | 31,81,11,376 | 126× |
| Foreign Institutional Investors | no separate quota | 9,08,81,956 | n/a |
| Domestic Financial Institutions | no separate quota | 13,03,86,542 | n/a |
| Mutual funds | no separate quota | 3,35,75,696 | n/a |
| Others | no separate quota | 6,32,67,182 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 12,64,297 | 10,18,81,384 | 81× |
| Non Institutional Investors | 8,42,864 | 6,91,07,412 | 82× |
| Corporates | no separate quota | 28,27,066 | n/a |
| Individuals | no separate quota | 5,83,15,158 | n/a |
| Others | no separate quota | 79,65,188 | n/a |
| Non Institutional Investors | 4,21,433 | 3,27,73,972 | 78× |
| Corporates | no separate quota | 1,21,616 | n/a |
| Individuals | no separate quota | 2,88,15,116 | n/a |
| Others | no separate quota | 38,37,240 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 8,42,865 | 7,18,15,238 | 85× |
| Cut Off | no separate quota | 6,16,96,954 | n/a |
| Price bids | no separate quota | 1,01,18,284 | n/a |
| Employees | 13,112 | 12,67,332 | 97× |
| Cut Off | no separate quota | 11,70,378 | n/a |
| Price Bids | no separate quota | 96,954 | n/a |
| Total | 46,48,870 | 49,30,75,330 | 106× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 25 Jul, 07:16 pm IST.
How demand built
We hold no subscription readings for this issue.