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The Initial Public Offer (IPO) of India's largest drone maker, ideaForge Technology Ltd, will open for subscription on June 26 and close on June 29. The IPO will include a fresh issuance of shares worth Rs 240 crore and an offer for sale of 48.69 lakh equity shares by promoters and investors. From the upper price band, the firm will raise around Rs 567 crore. Sakshi Batra speaks to Ankit Mehta, CEO at ideaForge and Vipul Joshi, CFO, ideaForge to find out more about how a college project turned into a company which now has set eyes on the stock exchanges.
The Initial Public Offer (IPO) of India's largest drone maker, ideaForge Technology Ltd, will open for subscription on June 26 and close on June 29. The IPO will include a fresh issuance of shares worth Rs 240 crore and an offer for sale of 48.69 lakh equity shares by promoters and investors. From the upper price band, the firm will raise around Rs 567 crore. Sakshi Batra speaks to Ankit Mehta, CEO at ideaForge and Vipul Joshi, CFO, ideaForge to find out more about how a college project turned into a company which now has set eyes on the stock exchanges.
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Here is all you need to know about India's largest drone maker ideaForge IPO