ideaForge IPO

Ideaforge Technology got off to a cracking start on the bourses Friday, listing at a premium of over 90% to its issue price on both BSE and NSE. Here's everything you need to know on the homegrown dronemaker’s journey to market. Ideaforge Technology got off to a cracking start on the bourses Friday, listing at a premium of over 90% to its issue price on both BSE and NSE. Here's everything you need to know on the homegrown dronemaker’s journey to market. FOLLOW US ON GOOGLE NEWS Read original article here…

Drone maker ideaForge Technology on Friday said it has mobilised Rs 255 crore from anchor investors ahead of its initial share sale that opens for public subscription on Monday. The company has allocated 37.93 lakh equity shares to 31 funds at Rs 672 apiece, aggregating the transaction size to Rs 255 crore, according to a circular uploaded on the BSE website. Nomura Funds Ireland Public Ltd, Pinebridge Global Funds, Goldman Sachs Funds, Tata AIG General Insurance Company, Tata AIA Life Insurance Company, and Max Life…