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Ideaforge Technology Limited IPO Subscriptions Status Live Today

 

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Ideaforge Technology Limited IPO

June 26, 2023 - June 29, 2023 Closed

Ideaforge Technology Limited IPO Details

Issue Open

26 June 2023

Issue Close

29 June 2023

IPO Price

₹638 - ₹672 per equity share

Face Value

₹10 per equity share

IPO Size

₹567.00 Cr.

Listing At

NSE, BSE

IPO Lot Size

₹22 Shares

IPO Investor Categories

• Qualified Institutional Buyers (QIB)- Qualified Institutional Buyers (QIBs) are typically large, financially sophisticated investors, such as mutual funds, insurance companies, pension funds, and hedge funds, who are considered to have the expertise and resources to evaluate investment opportunities. QIBs are required to meet certain financial criteria set by the Securities and Exchange Board of India (SEBI) to participate in an IPO, and they are allowed to bid for shares at a price lower than the price at which shares are offered to retail investors.

• Non-Institutional Investors (NII) - Non-Institutional Investors (NIIs), on the other hand, are typically individual investors, High Net Worth Individuals (HNIs), or corporate bodies who do not meet the financial criteria to be classified as QIBs. They are allowed to participate in an IPO at the same price as retail investors.

NII category has two subcategories:

1. sNII - "sNII" stands for "Small Non-Institutional Investor." This subcategory includes investors who have bid for shares worth between Rs. 2 lakhs and Rs. 10 lakhs in an IPO.

2. bNII - "bNII" stands for "Big Non-Institutional Investor." This subcategory includes investors who have bid for shares worth more than Rs. 10 lakhs in an IPO.

• Retail Individual Investors (RII) - Retail Individual Investors (RIIs) are individual investors who apply for shares worth up to Rs. 2 lakhs in an IPO, aimed at encouraging retail participation in the IPO process.

• Employee (EMP)- The Employee (EMP) category in an IPO is reserved for the employees, directors, and business associates of the issuer company, and the allocation of shares to this category is determined by the issuer company and the lead manager of the IPO.

• Others- A category of eligible shareholders or other investors who have a reserved quota in the IPO.



Frequently Asked Question

The meaning of "Ideaforge Technology Limited IPO" is the Grey Market Premium (GMP) for the initial public offering (IPO) of Ideaforge Technology Limited IPO on the current day.
Face value of equity shares of Ideaforge Technology Limited IPO is ₹10.
Market lot size of the Ideaforge Technology Limited IPO is 22 shares.
Ideaforge Technology Limited IPO is going to open on June 26, 2023.
Ideaforge Technology Limited IPO will be closed on June 29, 2023.
Pre-issue shareholdings of Ideaforge Technology Limited IPO promoters are 33.37%
You will receive the allotted shares in your Demat account on July 06, 2023.
You can apply for an IPO from any place by using the internet as it is an online process. You can apply for an IPO using 2 methods i.e., ASBA and UPI. ASBA facility is provided by your bank and UPI method is offered by your stock broker. You can invest in Ideaforge Technology Limited IPO by using any one of these methods at your convenience.
Ideaforge Technology Limited IPO will get listed on July 07, 2022.
Ideaforge Technology Limited IPO shares will get listed at NSE and BSE.
Price of 1 share of Ideaforge Technology Limited IPO is ₹638 - ₹672.
If you do not get the allotment of Ideaforge Technology Limited shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
Link Intime India Private Ltd is the registrar of Ideaforge Technology Limited IPO.
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