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Ahead of IPO, Drone mker ideaForge raises Rs 255 cr from anchor investors

Ahead of IPO, Drone mker ideaForge raises Rs 255 cr from anchor investors
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ideaforge Technology IPO subscribed 3 69 times on first day of offer

ideaforge Technology IPO subscribed 3 69 times on first day of offer
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Drone maker ideaForge raises Rs 255 Cr from anchor investors, ahead of IPO

The issue, with a price band of Rs 638 to 672 per share, will open for public subscription on June 26 and conclude on June 29.

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ideaForge IPO: Ahead of IPO, Drone maker ideaForge raises Rs 255 crore from anchor investors

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.

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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.

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