ideaForge Technology IPO: As per revised fixtures available on BSE, the initial share sale would now conclude on June 30, due to shifting of market holiday to June 29. The IPO received 23,38,24,382 today against the issue size of 46,48,870 shares. The company has announced to sell its shares in the fixed price band of Rs 638-672 apiece.
ideaForge Technology IPO: Market participants said Fusion Micro Finance IPO's grey market premium (GMP) was last heard between Rs 540 and Rs 545. Considering the higher GMP of Rs 545, the grey market is expecting the drone maker to list around Rs 1,217 (Rs 672 + Rs 545), which is 81.10 per cent higher than the IPO's upper band price of Rs 672 per equity share.
According to IPO watch, shares of IdeaForge enjoyed a premium of Rs 450 in grey markets, implying a likely listing price of Rs 1,122 on the upper price band