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Ideaforge Technology Limited IPO Subscription Status

📅Offer Date: 26 Jun 2023 – 30 Jun 2023

Minimum investment
₹14,78422 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total106.05x
QIB125.81x
NII80.58x
Retail85.15x

Ideaforge Technology Limited IPO was subscribed 106.05x in total when bidding closed on 30 Jun 2023, with 125.81x in the QIB category, 80.58x in NII, 85.15x in retail. The issue ran from 26 Jun 2023 to 30 Jun 2023 at a price band of ₹638.00–₹672.00 per share.

QIB125.81xNII80.58xRetail85.15xTotal106.05x1×

Times subscribed by category against the 1× line.

86
≈ 1 in 86 retail allotment
low allotment chance

Based on retail subscription (85.15x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
QIBs25,28,59631,81,22,663125.81x
NIIs12,64,29710,18,77,05280.58x
SNIIs (<10L)4,21,4333,27,66,41677.75x
BNIIs (>10L)8,42,8646,91,06,41981.99x
Retail8,42,8657,17,69,95585.15x
Employee13,11212,66,22696.57x
Total46,48,87049,30,12,664106.05x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
QIBs169.9221377.84125.81x
NIIs84.966846.1480.58x
Retail56.644822.9485.15x
Employee0.8885.0996.57x
Total312.4033132.01106.05x

Values derived from share count × issue price (₹672.00)

What this means for allotment & listing

Because Ideaforge Technology Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

BSE, NSE listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

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