Business

ideaForge Technology IPO Allotment Date Set for Today; Here’s How To Check Status Online

The initial public offering (IPO) of ideaForge Technology, a leading drone maker, witnessed strong demand from investors across all segments. The company has announced that it will finalize the allotment of IPO shares on July 5.

During the subscription period from June 26 to June 30, the ideaForge Technology IPO, valued at ₹567 crore, was oversubscribed a remarkable 106.06 times. The company received bids for 49.30 crore shares compared to the 46.48 lakh shares on offer.

The retail category witnessed a subscription of 85.20 times, while the Qualified Institutional Buyers (QIB) category was oversubscribed an astonishing 125.81 times. Non-Institutional Investors (NII) showed significant interest with a subscription rate of 80.58 times as of June 30, 2023.

Investors eagerly awaited the ideaForge IPO allotment date, which is scheduled for Today, July 5. The listing date for the ideaForge IPO is set for July 10.

To check their ideaForge Technology IPO allotment status, investors can visit the BSE website or the website of the IPO registrar, Link Intime. Here are the steps to follow:

Checking ideaForge Technology IPO allotment status on the BSE website:

  1. Visit the BSE website at https://www.bseindia.com/investors/appli_check.aspx.
  2. Select ‘Equity’ in the issue type.
  3. Choose ‘ideaForge Technology’ in the Issue Name section.
  4. Enter your Application Number or PAN.
  5. Complete the ‘I’m not a robot’ verification.
  6. Click the ‘Search’ button.

Your ideaForge Technology IPO allotment status will be displayed.

Investors can also check their ideaForge Technology IPO allotment status on the website of the IPO registrar, Link Intime, by following these steps:

Checking ideaForge Technology IPO allotment status on the registrar’s website:

  1. Go to the Link Intime website at https://linkintime.co.in/mipo/ipoallotment.html.
  2. Select ‘ideaForge Technology’ from the drop-down menu.
  3. Choose one of the options: Application Number, PAN, or DP Client ID.
  4. Click the ‘Search’ button.

 

Your ideaForge Technology IPO allotment status will be visible.

Also Read: Apple Loses London Appeal In 4G Patent Dispute With Optis

Malika Sahni

Recent Posts

PM Modi’s Khadi Push Takes The Ramp: ‘Navyug Khadi’ Fashion Show Redefines Indian Style At Pragati Maidan

The Navyug Khadi Fashion Show showcased khadi’s modern transformation, blending PM Modi’s vision, artisan heritage,…

1 hour ago

Winter Session Set For Political Firestorm In Parliament

Parliament braces for a stormy winter session as the government pushes reforms and the Opposition…

3 hours ago

President Murmu Celebrates Blind Women’s T20 World Cup Heroes At Rashtrapati Bhavan

President Droupadi Murmu celebrated the Indian Blind Women’s T20 World Cup winners at Rashtrapati Bhavan,…

3 hours ago

Realme C85 5G Packs Big Battery, Fast Display & IP69 Strength At A Budget Price

Realme launches the C85 5G with a 7000 mAh battery, 144 Hz display and IP69…

5 hours ago

Beat Winter Smog: Power Foods That Strengthen Your Lungs

A lung-strengthening diet rich in antioxidants, spices and fibre helps Indians fight winter pollution and…

5 hours ago

AI Deepfake Misrepresents CDS Chauhan; PIB Confirms Video False

PIB fact check debunks AI-manipulated video showing CDS Chauhan falsely claiming India surrendered Arunachal Pradesh…

6 hours ago