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ideaForge Technology IPO allotment to be finalised on Wednesday; grey market premium holds firm

The IPO of ideaForge Technology manufacturer company received a super strong response from the investors and was overall subscribed 106.06 times.
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ideaForge Technology IPO GMP firm ahead of share allotment; check allotment status & latest grey market premium, and more

IdeaForge Technology, whose Rs 567 crore IPO received a robust response from the investors during the bidding process, is expected to announce its allotment of shares on Wednesday, July 5, 2023. Watch this Visual story to check ideaForge GMP, how to check allotment status, and more. ....

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Ideaforge IPO: Solid Start! Ideaforge IPO fully subscribed within hours of opening on robust retail demand

The robust demand was driven by retail investors, whose category was subscribed 4.38 times. While the non-institutional portion was subscribed 1.03 times, there were no bids yet from qualified institutional buyers. ....

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Ideaforge IPO: Ideaforge IPO: GMP soars nearly 80% as issue gets fully subscribed. Here's what brokerages say

The NII part was subscribed 1.89 times so far, while there were no bids from qualified institutional buyers. According to market sources, the company s shares are commanding a premium of Rs 525-530 in the unlisted market, indicating big listing gains for investors if the trends sustain. ....

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Ideaforge's Rs 567 cr-IPO opens on Jun 26. Key things to know

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