Ideaforge Technology Limited
26 Jun 2023 – 30 Jun 2023
LISTED
Offer Price
₹638–672
Bid lot
22
Min Application
₹14,784
Issue Size
₹567 Cr
Key dates
Open date
26 Jun 2023
Done
Close date
30 Jun 2023
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
07 Jul 2023
Today
Issue reservation
₹567 CrQIB 50%Retail 35%5%
QIB
42.2 L sh · ₹283.50 Cr
Retail
29.5 L sh · ₹198.45 Cr
Employee
4.2 L sh · ₹28.35 Cr
BRLM: JM Financial Limited · IIFL Securities Limited
Lot ladder — how much to bid
1 lot = 22 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
22 sh · ₹14,784
Max · 13 lots
286 sh · ₹1,92,192
S-HNI · ₹2 L to ₹10 L14–67 lots
Min · 14 lots
308 sh · ₹2,06,976
Max · 67 lots
1,474 sh · ₹9,90,528
B-HNI · Above ₹10 L68+ lots
Min · 68 lots
1,496 sh · ₹10,05,312
Entry point
₹10,05,312 onward
Issue details
Lead managersJM Financial Limited, IIFL Securities Limited
Face value₹10
Listing onNSE
RegistrarLink Intime India Private Limited
Live subscription
108.40×
0×1×2×3×+
Oversubscribed
Book₹510.30 Cr
Subscribed₹55,315 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 42,18,750₹283.50 Cr | 53,07,60,938₹35,667 Cr | 125.81× |
| HNI | 12,65,625₹85.05 Cr | 10,19,84,063₹6,853 Cr | 80.58× |
| Retail | 29,53,125₹198.45 Cr | 25,16,06,250₹16,908 Cr | 85.20× |
| Employee | 4,21,875₹28.35 Cr | 4,07,74,219₹2,740 Cr | 96.65× |
| Total | 75,93,750₹510.30 Cr | 82,31,41,407₹55,315 Cr | 108.40× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 35,667.14 |
| HNI | 6,853.33 |
| Retail | 16,907.94 |
| Employee | 2,740.03 |
| Total | 55,315.10 |
Amounts at the upper band (₹672). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Ideaforge Technology Limited IPO?
One lot of 22 shares — ₹14,784 at the upper price band of ₹672.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2023-07-07 on NSE.