IdeaForge IPO Subscription Status – IPO Closed

Vijay Prajapati
July 1, 2023

Vijay Prajapati

IdeaForge IPO subscription status started on Monday June 26, 2023 and will close on June 30, 2023. IdeaForge IPO to raise around ₹567 crores via IPO. The retail quota is 10%, QIB is 75%, and NII is 15%. The price band is fixed at ₹638 to ₹672 per equity share.

The IdeaForge IPO minimum market lot is 22 shares with ₹14,784 application amount. The IdeaForge IPO is a Mainline IPO, and it will list on BSE and NSE.

IdeaForge is a drone manufacturing company that provides drone solutions like surveillance, mapping, and inspection to their clients. They are one of the market leaders in the Indian unmanned aircraft systems (“UAS”) market (Source: 1Lattice Report). They ranked 7th globally in the dual-use category (civil and defense) drone manufacturers in December 2022 (Source: 1Lattice Report).

IPOWatch View

We recommend investors may apply an IPO with Shortterm and Longterm Views Investors should also look at the QIB, NII, and Retail numbers before investing.

IdeaForge IPO Subscription Status – Day 4

Category	Day 4
QIB	125.81
NII	80.55
bNII	81.99
sNII	77.66
RII	84.35
EMP	93.90
Total	105.89

IdeaForge IPO Investor Categories

Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
Retail Individual Investors (RII): Retail Individual Investors or NRIs
Employee (EMP): Eligible Employees
Others: Eligible Shareholders

IdeaForge IPO Review

May Apply

IdeaForge IPO Form

How to apply for the IdeaForge IPO? You can apply for IdeaForge IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the IdeaForge IPO in the Invest section. The other option is you can apply for IdeaForge IPO via IPO forms downloaded online. Check out the IdeaForge forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.

IdeaForge IPO Subscription Status FAQs:

When IdeaForge IPO Subscription will start?

The IPO subscription starts on June 26, 2023 for QIB, NII, and Retail Investors.

How to subscribe IdeaForge IPO?

You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

How do I check live IdeaForge IPO Subscription Numbers Today?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official websites. One can check the live subscription on official websites on the particular IPO page.

How to Apply the IdeaForge IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “IdeaForge”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the IdeaForge IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “IdeaForge”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the IdeaForge IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “IdeaForge” Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is the IdeaForge IPO Allotment Date?

IdeaForge IPO allotment date is July 5, 2023.

What is the IdeaForge IPO Listing Date?

IdeaForge IPO listing date is July 10, 2023. The IPO is to list on BSE and NSE.

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