-- / 22 shares
638 - 672
₹ 567.29 Cr
638 - 672
Retail Gain/Listing Gain
IdeaForge is a pioneer and market leader in the Indian unmanned aircraft systems (“UAS”) market, with a market share of approximately 50% in Fiscal 2022 (Source: 1Lattice Report). The company had the largest operational deployment of indigenous UAVs across India, with a drone manufactured by IdeaForge, taking off every five minutes on average, for surveillance and mapping, as of Fiscal 2023 (Source: 1Lattice Report).
ideaForge has ranked 7th globally in the dual-use category (civil and defence) drone manufacturers as per the report published by Drone Industry Insights in December 2022 (Source: 1Lattice Report). The company has also grown at a CAGR of 131.47% in terms of revenue from operations over the last three Fiscals, with a Return on Capital Employed of 12.51% in Fiscal 2023.
Here are a few strategies ideaForge Technology Limited has for its business:
And finally here’s a look at key financials of ideaForge Technology Limited
Particulars (in Rs. million)
How to apply for IPO through ASBA
The ideaForge Technology Limited IPO has an issue size of Rs. 567 crore. The IPO opens for subscription on 26th June and ends on 29th June.
Link Intime India Private Limited is the registrar for this IPO.