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Nifty futures on the Nifty International Exchange traded 10 points, or 0.05 per cent, lower at 19,478, hinting at a negative start for the domestic market on Friday.
The unmanned aircraft systems maker listed with a massive 94 percent premium, the highest among companies listed so far in 2023
After the listing, shares of Ideaforge saw some buying interest as the stock rose about another 3 per cent to Rs 1,344, taking the overall gains exactly at 100 per cent over the given issue price.
In the Nifty pack, 7 stocks closed in the green, while 43 stocks ended in the red.
IdeaForge IPO listing date has been fixed on 7th July 2023