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

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹638 – ₹672
Cut-off price₹672
Issue size₹567 Cr
Shares per lot22
Minimum application₹14,784
Minimum quantity22
Face value₹10
Listing exchanges
ISININE349Y01013
Bidding hours10:00 – 17:00 IST
Bidding window26 Jun 2023 – 30 Jun 2023

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.