IdeaForge IPO To Open On June 26; Price Band Set At Rs 638-672 A Share
Drone maker ideaForge Technology on Wednesday said it has fixed a price band of Rs 638 to 672 per share for its Rs 567-crore initial public offering. The initial share sale will open for public subscription on June 26 and conclude on June 29, according to the company. The IPO comprises a fresh issue of equity shares worth Rs 240 crore and an offer for sale of 48,69,712 equity shares. The offer also includes a reservation for a subscription by eligible employees.
Source: bqprime.com