India's largest drone manufacturing company, IdeaForge Technology IPO may open on 26 June. IPO size should be around ₹650 crore with an OFS of ₹350 crore and fresh fundraising of ₹300 crore.
Price band around 750 crore.
GMP already started and is 325/-
701.1. IPO smart| Link| Bookmark|
June 15, 2023 3:53:02 PM
Top Contributor (400+ Posts, 100+ Likes)
The Defence Acquisition Council or DAC, led by Defence Minister Rajnath Singh, approved the acquisition of US-manufactured Predator drones.
701.2. IPO smart| Link| Bookmark|
June 15, 2023 3:59:15 PM
Top Contributor (400+ Posts, 100+ Likes)
The high-altitude long-endurance drones come armed with strike missiles which can take out enemy targets with a high accuracy.
The round, which raised ₹60 crore, saw participation from institutional investors, including Tata AIG General Insurance, 360 One Asset Management, Motilal Oswal Mutual Fund, and Think Investments PCC, a foreign institutional investor, said bankers.
693. Safe Bet| Link| Bookmark|
June 15, 2023 1:46:43 PM
Top Contributor (500+ Posts, 100+ Likes)
I recall Dixon IPO/ listing long back. Was very similar to Ikio today mainly in LED mfrg. With the euphoria EMS segment, tommorow is going to be interesting. 😊😊
Kaynes Technologies Syrma sgs ipo allot hue the listing pe ya max 1-2week hold karke sell kardiya tha abhi price dekha IPO price se x2.5 + ho chuke abhi IKIO ipo bhi allot hua he kya view he iska
690.1. UjwalG| Link| Bookmark|
June 15, 2023 1:16:21 PM
IPO Guru (1000+ Posts, 500+ Likes)
Small caps always over perform. Ikio is also smallcap and it will too give good returns over long term. Equally they fall very brutal as compared to large,midcaps. You need to digest those pain and stick to it. Ikio seems good to me but margins will contract as you become larger. Keep atleast for a year. Ps, not been alloted here. And you are lucky fellow, syrma,kaynes ikio, alloted.
This is an error usually of the bank. Could be of UPI channel as well. Usually within 2 days of this error money should be released automatically. If it doesn't, then you can write to registrar, bank n to ipo.upi@npci.org.in In any case, money will be surely released by the end of UPI mandate period that is max of 21 days normally.