IPO Price History
Closed
Ideaforge Technology Limited logo

Ideaforge Technology Limited IPO

Mainboard IPOListedIDEAFORGENSE
Current Market Price (CMP)
₹646.55(-3.79%)
Current Price (CMP)
₹646.55(-3.79%)

Live Market Quote

Listing Price & Gain
₹1,300(+93.45%)

Day 1 Exchange Open

IPO Issue Price
₹672

Band: ₹638 - ₹672

Total Subscription
106.06x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
26 Jun 2023
IPO Bidding Closes
30 Jun 2023
Allotment & Refunds
Completed
Exchange Listing Day
07 Jul 2023

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 106.06x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)125.81x
Non-Institutional Investors (NII / HNI)80.58x
Retail Individual Investors (RII)85.2x
Employees Reservation96.65x
Total Subscription106.06x
Updated as on 30-Jun-2023 19:00:00

Listing Day & Return Performance

Listing Day Gain+93.45%
₹672 (Issue) → ₹1,300 (List)
Per share profit: +₹628.00
Holding Return (Till Date)-3.79%
₹672 (Issue) → ₹646.55 (CMP)
Net gain per share: ₹-25.45
Post-Listing Performance (Listing Day → Today):-50.27%

About Ideaforge Technology Limited IPO

Ideaforge Technology Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 26 Jun 2023 and concluded on 30 Jun 2023, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹638 - ₹672.

During the bidding window, Ideaforge Technology Limited witnessed heavy demand with an overall subscription of 106.06 times. Institutional investors (QIB) subscribed 125.81x, non-institutional high-net-worth investors (NII) subscribed 80.58x, and retail individual investors (RII) bid 85.2x their reserved quota, alongside employee participation of 96.65x.

The equity shares of Ideaforge Technology Limited officially debuted on the stock exchanges on 07 Jul 2023 at an opening listing price of ₹1,300, delivering a listing day return of +93.45% (premium) over the final issue price. As per the latest market data, the stock trades at ₹646.55, representing an overall decline of -3.79% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Ideaforge Technology Limited IPO?
The issue price of Ideaforge Technology Limited IPO was fixed at ₹672 per equity share. The indicative bidding price band was ₹638 - ₹672.
What were the open, close, and listing dates for Ideaforge Technology Limited IPO?
Ideaforge Technology Limited IPO opened on 26 Jun 2023, closed on 30 Jun 2023, listed on 07 Jul 2023.
How much was Ideaforge Technology Limited IPO subscribed?
The IPO received an overall subscription of 106.06 times. Category-wise, QIBs subscribed 125.81x, NIIs subscribed 80.58x, and Retail investors subscribed 85.2x.
What was the listing price and listing gain of Ideaforge Technology Limited IPO?
Ideaforge Technology Limited IPO listed on the stock exchange at ₹1,300, delivering a listing gain of 93.45% compared to the IPO issue price of ₹672.
Is Ideaforge Technology Limited IPO a Mainboard or SME IPO?
Ideaforge Technology Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Ideaforge Technology Limited IPO since its IPO?
At the latest market quote of ₹646.55, Ideaforge Technology Limited IPO has generated an all-time return of -3.79% since its initial public offering.

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