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Jun. 24—IPO WATCH — Two main board initial public offerings (IPOs) — ideaForge Technology IPO and Cyient DLM IPO — are going to hit primary market next week. The upcoming
The fact that these companies hail from a varied spectrum of industries indicate the upbeat mood in the market for investment and growth.
Infosys had in December 2016 announced an investment from its Innovation Fund in ideaForge, the Indian start-up focused on Unmanned Aerial Vehicle (UAV) solutions.
Drone maker ideaForge Technology on Friday said it has mobilised Rs 255 crore from anchor investors ahead of its initial share sale that opens for public subscription on Monday.
The IPO of ideaForge Technology will open for subscription between June 26-29 as the company will sell its shares in the range of Rs 638-672 apiece to raise Rs 567 crore.