The previous best listing was by a speciality chemical company Tatva Chintan Pharma on July 29, 2021, which listed at a 95% premium over its issue price.
ideaForge Technology IPO Listing Today: Experts Expect Four Digit Debut After Strong Subscription
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ideaForge Technology IPO Nearly Doubles Investor Money, Lists At 94% Premium On BSE
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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.
ideaforge Tech ends Day 1 with strong premium - The Hindu BusinessLine
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