News

Ideaforge Technology has allotted 62,89,308 equity shares to eligible qualified institutional buyers at the issue price of Rs795 per equity share, [(which includes a discount of Rs 40.86 per equity share (4.89% of the floor price, as determined in terms of the SEBI ICDR Regulations) to the floor price] i.e. at a premium of Rs 785 per equity share, aggregating to Rs 500 crore, pursuant to the QIP issue. Post allotment of equity shares in the issue, the paid-up equity share capital of the company stands increased to Rs 496,855,970 consisting of 49,685,597 equity shares.

Ideaforge Technology will hold a meeting of the Board of Directors of the Company on 3 June 2026.

Ideaforge Technology announced that CRISIL has reaffirmed the corporate credit rating of the company at CRISIL BBB. The outlook on the rating has been revised from Negative to Stable.

Ideaforge Technology has allotted 88,366 equity shares under ESOS on 04 May 2026. Post allotment, the paid-up capital of the Company stands increased to Rs. 43,38,76,410 comprising of 4,33,87,641 equity shares of Rs. 10/- each fully paid- up.

Ideaforge Technology announced that the 19th Annual General Meeting(AGM) of the company will be held on 5 August 2026.