IdeaForge Technology makes stellar market debut with 94 pc listing gains sanantoniopost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sanantoniopost.com Daily Mail and Mail on Sunday newspapers.
IdeaForge Technology IPO listing: Stock lists at a premium of 93% at ₹1,300 on NSE livemint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livemint.com Daily Mail and Mail on Sunday newspapers.
IdeaForge, India s leading drone maker, made a bumper listing in its stock debut, skyrocketing 94.21% to Rs 1,305.10 per share on BSE, while it debuted at Rs 1,300 on NSE. Despite expensive valuations, the drone maker attracted strong responses to its IPO offer, with subscription levels reaching 106 times at close. The company aims to utilise the proceeds from its fresh issuance mainly for working capital requirements and product development, among others.