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Homeबड़ी सोचIdeaforge IPO Allotment Status 2024 Steps To Check The Status

Ideaforge IPO Allotment Status 2024 Steps To Check The Status

Ideaforge IPO Allotment Status- One option is to visit the website of the registrar or the official website of the stock exchange where the IPO was listed. On these platforms, you will typically find a dedicated section for IPO allotment status. Simply enter your application number or PAN number to view the details. Another option is to check your registered email address or mobile number for any communication from the registrar regarding the allotment status. They often send out notifications once allotments are finalized. If all else fails, you can contact your broker or financial advisor who can assist you in obtaining the IPO allotment.

The IPO allotment status is usually announced a few days after the closing of the initial public offering. To check the status, you can visit the official website of the registrar or the stock exchange where the IPO is listed. There, you’ll find a dedicated section for IPO allotment status. Simply enter your application number or PAN card details to check if you have been allotted shares in the IPO. It’s important to note that the process may take some time due to the large number of applications received. So, it’s always a good idea to keep an eye on the official sources for updates on the allotment status.

Ideaforge IPO Allotment Status 2024

If you are eagerly waiting to know the allotment status of Ideaforge IPO, there are a few steps you can take to find out. Firstly, you can visit the official website of the registrar or the stock exchange where the IPO is listed. They usually provide an online facility where you can enter your application details and check if you have been allotted any shares. Alternatively, you can also check with your broker or financial advisor who can assist you in finding the allotment status. It is important to note that the allotment process may take some time, so it is advisable to be patient and keep checking for updates from reliable sources.

To check the allotment status of the Ideaforge IPO, investors can visit the official website of the stock exchange where the IPO is listed. On the website, there is usually a designated section or page where investors can enter their application details, such as their PAN number or application number, to check the allotment status. It is important to note that it may take some time for the status to be updated after the IPO closes, so it is recommended to check regularly for any updates. Additionally, investors can also contact their respective brokerage firms or consult with their financial advisors for assistance in checking the allotment status.

Ideaforge IPO Allotment Status

Ideaforge IPO Allotment Status 2024 Overviews

Company name Ideaforge technohttps://badisoch.in/news/ideaforge-ipo-allotment-status/logy limited
Ideaforge IPO opening date 26 June 2024
Ideaforge IPO close date 30 June 2024
Ideaforge IPO share allotment date 5th July 2024
Listing BSE & NSE
Ideaforge IPO lot size 22 share
Issue size 567 crore
Article Category NEWS
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Official website Click Here

About The Company ( Ideaforge) 

The Drone manufacturing company, headquartered in Mumbai, holds the title of being India’s largest drone manufacturer. It was established in 2007 and has since then dominated the Indian market with a 50% market share. Ideaforge technology limited specializes in producing Unmanned Aircraft Systems for multiple sectors in India such as intelligence, surveillance, and mapping. The company’s potential for growth received positive reviews from stock market analysts, resulting in an IPO subscription rate of over 100 times.

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How To Check Ideaforge IPO Allotment Status?

To check the allotment status of the Ideaforge IPO, simply follow the instructions provided below. You can access this information online through the BSE website and Link Intime.

Step 1:

Go to the official website @ https://linkintime.co.in/mipo/ipoallotment.html

Step 2:

Now Enter your Pan card details

Step 3:

Click on Search Button

Step 4:

Now investors will get their Ideaforge IPO allotment status on the screen

Ideaforge IPO Allotment Status Check On BSE Website 

  • Please access the following direct link: www.bseindia.com/investors/appli_check.aspx.
  • Once there, choose Ideaforge Technology Limited.
  • You will need to enter your Ideaforge IPO application number and Pan card details.
  • After that, click on “I’m not a Robot” and then proceed to click on the “Submit” button.
  • The screen will display your Ideaforge IPO allotment status.

Ideaforge IPO GMP Today

According to market observers, the grey market premium (GMP) for Ideaforge IPO is currently at 510 per share. The IPO received over 100 times subscription from investors. The company’s GMP has remained unchanged since July 1, 2024. GMP prices were slightly higher at the end of June. Reports indicate that the lowest recorded GMP for the company was 450, while the highest reached 575. It is expected that the company’s IPO shares will list at 1182 on the exchanges, which would result in profits for investors.

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Ideaforge IPO Subscription Status

The Ideaforge IPO was subscribed 106.06 times. Below we have mentioned the subscription Status for your convenience.

Retail category investors 85.20 times subscribed
Qualified institutional investors 125.81 times subscribed
Non-institutional investors 80.58 times subscribed

Investors can check the allotment status on the Bombay Stock Exchange (BSE) website: 

1) Login to BSE link –  www.bseindia.com/investors/appli_check.aspx

2) Under the issue type, select Equity

3) Click on ideaForge Technology Limited in the issue name dialogue box

4) Enter the application number

5) Add your PAN Card details

6) Click on I’m not a robot

7) Hit the ‘Submit’ button

You will get the details of your ideaForge Technology IPO allotment status

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ideaForge Technology IPO allotment status can also be checked on the online portal of Link Intime Private Limited:1) Login at Link Intime Website – linkintime.co.in/MIPO/Ipoallotment.html

2) Select ideaForge Technology IPO

3) Select either of the three modes – Application number, Demat Account number, or PAN Card

4) Select the application type

5) Add details of the mode you selected in Step 3

6) Complete the captcha accurately

7) Click submit

Incorporated in 2007, the Mumbai-based ideaForge Technology has the largest operational deployment of indigenous Unmanned Aerial Vehicles (UAVs) across India. The company has been backed by several marquee ventures and private equity investors, including Qualcomm, Asia, Infosys and Celesta Capital. The drone manufacturer’s clients include the armed forces, central armed police forces, state police departments, disaster management forces, forest departments and civil customers.

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Conclusion

The allotment status is an important update that determines whether or not you have been allocated shares in the IPO. To check the status, you can visit the official website of the registrar or the stock exchange where the IPO is listed. On these platforms, you will find a dedicated section for checking IPO allotment status. Simply enter your application number or PAN number to access your status. It’s important to note that the allotment process may take some time, so it’s best to be patient and keep an eye on updates from the company or registrar. We hope this information helps you stay informed about the Ideaforge IPO allotment status and we wish you all the best with your investment journey.

Ideaforge IPO Allotment Status FAQ’S

How do I check my IPO allotment status?

Investors have the option to verify the allotment status by visiting the online portal of Link Intime (https://linkintime.co.in/MIPO/Ipoallotment.html), which serves as the registrar for the issue. They can then choose the company name from the available options if the allotment has been finalized.

What is the IPO price of IdeaForge?

Shares of ideaForge listed at a 93 percent premium to its IPO price of Rs 672. At the listing day high of Rs 1,344, the stock was exactly double of its IPO price.

What is the IPO of IdeaForge Technology Limited?

ideaForge Technology IPO is a main-board IPO of 8,441,764 equity shares of the face value of ₹10 aggregating up to ₹567.29 Crores. The issue is priced at ₹638 to ₹672 per share. The minimum order quantity is 22 Shares. The IPO opens on Jun 26, 2024, and closes on Jun 30, 2024.

How are IPO allotted?

Once you have completed the application form and specified the desired number of shares (within the company's maximum limit), you can proceed to submit it. Subsequently, the company will determine if it will allocate shares to you.

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Editor
Editor
The Editor is the chief Editor at Badisoch, with more than ten years of experience covering technology and business news. Throughout his journalism career, he has produced in-depth content on various subjects such as smartphones, applications, electric vehicles, the stock market, and cryptocurrencies.
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