Ideaforge Technology lists with 94.21% premium on the BSE
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Ideaforge Technology has debuted at Rs 1305.10 on the BSE, up by 633.1 points or 94.21% from its issue price of Rs 672.
The scrip is currently trading at Rs 1286.90, up by 614.90 points or 91.50% from its issue price. It has touched a high and low of Rs 1344.00 and Rs 1257.80 respectively. So far 5.30 lakh shares were traded on the counter.
The offering, which was open for subscription between June 26, 2023 and June 29, 2023 was subscribed 50.30 times. The issue price was fixed at Rs 672 per share i.e. at upper end of price band of Rs 638-672 apiece.
Ideaforge Technology is engaged in the business of manufacturing Unmanned Aircraft Systems (UAS).
