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ideaForge Technology IPO
₹1,294.95
+92.70% on listing
Listing-day close · NSE · 7 Jul 2023 · issue price ₹672
ideaForge Technology’s ₹567 crore IPO was priced at ₹672 a share. It listed on the NSE on 7 Jul 2023 and closed its first day at ₹1,294.95, up 92.70% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Refunds
- Shares in demat
- Listing
Issue details
- Issue size
- ₹567 Cr
- Fresh issue
- ₹240 Cr
- Offer for sale
- ₹327 Cr
- Lot size
- 22 shares
- Minimum investment
- ₹14,784
- Face value
- ₹10
- Registrar
- MUFG Intime India
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 58.23× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹2,800 Cr
- ROE
- 13.11%
- ROCE
- 12.51%
- Debt to equity
- 0.27
- PAT margin
- 17.20%
- Promoter holding
- 32.94% → 29.35%
From the offer documents.
Listing
- Listing date
- 7 Jul 2023
- Issue price
- ₹672
- Open
- ₹1,300.00
- High
- ₹1,343.95
- Low
- ₹1,260.00
- Close
- ₹1,294.95
Listing day on the NSE. The close was +92.70% on the issue price.
IDEAFORGE share price todayFAQs
When did the ideaForge Technology IPO open and close?
It opened on 26 Jun 2023 and closed on 30 Jun 2023.
What was the ideaForge Technology IPO price?
The price band was ₹638–672 a share. The final issue price was ₹672.
What is the lot size and minimum investment?
One lot is 22 shares, ₹14,784 at ₹672 a share. Retail investors apply in whole lots.
How much did ideaForge Technology raise?
₹567 crore: ₹240 crore of new shares and ₹327 crore offered by existing shareholders.
How many times was the ideaForge Technology IPO subscribed?
58.23 times overall.
How did ideaForge Technology list?
It listed on the NSE on 7 Jul 2023 at ₹1,300.00 and closed the day at ₹1,294.95, up 92.70% on the ₹672 issue price.
Who is the registrar of the ideaForge Technology IPO?
MUFG Intime India handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
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