Key Points
The initial public offering (IPO) of the drone maker ideaForge Technology received robust demand from all sections of investors and the company plans to finalise the allotment of IPO shares on July 5...
The 567-crore worth ideaForge Technology IPO was subscribed by a massive 106.06 times during June 26 to June 30 as it received bids for 49.30 crore shares as compared to 46.48 lakh shares on the offer..
The public issue was subscribed by 85.20 times in the retail category and by a staggering 125.81 times in the Qualified Institutional Buyers (QIB) category..
The Non-Institutional Investors (NII) portion was booked 80.58 times by June 30, 2023. ideaForge IPO allotment date is likely to take place on Wednesday, July 5, and ideaForge IPO listing date is July 10...
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