Ideaforge ipo allotment status linkintime

Incorporated inideaForge Technology is engaged in the business of manufacturing unmanned aircraft systems UAS for mapping, security and surveillance. These drones are capable of a wide range of mining area planning, and mapping applications, ideaforge ipo allotment status linkintime. The IPO of unmanned aircraft systems manufacturer company received a super strong response from the investors and was overall subscribed

The company's shares will be credited into the Demat accounts of successful bidders on July 7, Friday. The IPO of — a Mumbai-based manufacturer of drones — ideaForge's IPO concluded on June 30 with a subscription of more than times the shares on offer, with demand across all categories of investors. For this, there are two ways to do this: through the BSE website and through the direct link on the registrar's website. Login at the direct BSE link — bseindia. Step 3: Select 'Issue Name'.

Ideaforge ipo allotment status linkintime

After receiving overwhelming response to its public issue, Ideaforge Technology plans to finalise the allotment of IPO shares by the end of July 5. The participants do not need to visit any office to check their allotment status and, instead, they can easily check their status online from anywhere. On the BSE website ,. On the IPO registrar's portal ,. Equity shares will be transferred to the demat accounts of successful investors by July 7 and the refunds will be credited to bank accounts of unsuccessful participants by July 6. The much-awaited debut of the drone manufacturing company will take place on the BSE and NSE on July 10, as per the scheduled available in the draft prospectus. Ideaforge IPO shares continued to get huge demand in the grey market as the premium at which it traded is in the range of percent over its expected final issue price of Rs per share, analysts on anonymity said. We are seeing such a big grey market premium, may be since after the year , when several companies had traded with robust premium. The grey market is an unofficial market for trading in IPO shares before the listing of shares on the exchanges. Generally investors consider the grey market to know the possible listing price for any IPO. The initial public offering of the country's largest unmanned aircraft systems manufacturer with over 50 percent market share in FY22 has garnered great interest from investors, subscribing Qualified institutional investors were far ahead of others, buying The response from its employees was also strong, as they have bought The Rs crore public issue of Ideaforge Technology comprised a fresh issue of Rs crore worth shares and an offer for sale of

Stock market investment: Can you have multiple Demat accounts?

The initial public offering IPO of the drone maker ideaForge Technology received robust demand from all sections of investors and the company plans to finalise the allotment of IPO shares on July 5. The public issue was subscribed by Milestone Alert! Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed — it's all here, just a click away! Login Now!

On securing the allotment, you will receive the credit of equivalent shares in your Demat account. If you have any concerns or queries about the allotment status, contact Link Intime India Private Ltd either by phone or email. The ideaForge Technology IPO allotment status will be available on July 5, , as per the timeline provided in the red-herring prospectus. The expected listing price of ideaForge Technology IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The ideaForge Technology IPO grey market premium gives some hint but the actual listing price is difficult to guess. Note the button remains to disable until the allotment is available online. Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

Ideaforge ipo allotment status linkintime

The initial public offering IPO of the drone maker ideaForge Technology received robust demand from all sections of investors and the company plans to finalise the allotment of IPO shares on July 5. The public issue was subscribed by Milestone Alert! Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed — it's all here, just a click away! Login Now!

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Undisputed Leadership Serving Highest no. Unlock a world of Benefits! Recommended For You. Written By: Shivani Tiwari. Sign Out. Know the pros and cons. Edited By: Sandeep Singh. What this GMP mean? Investor category. IdeaForge is a Mumbai-based, vertically integrated firm, which designs and manufactures drones for mapping, security and surveillance applications. Ideaforge IPO shares continued to get huge demand in the grey market as the premium at which it traded is in the range of percent over its expected final issue price of Rs per share, analysts on anonymity said.