FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
Anand Rathi, Arihant Capital Markets Ltd, BP Equities (BP Wealth), Choice Equity Broking Pvt Ltd, GEPL Capital Ltd, Hem Securities, HENSEX Securities, Indsec Securities, Marwadi Shares and Finance Ltd, Motilal Oswal, Nirmal Bang, Reliance Securities, SBICAP Securities Limited and Swastika Investmart Ltd have given "Apply" recommendation to ideaForge Technology IPO. Capital Market and Dilip Davda have given "May Apply" recommendation to ideaForge Technology IPO. Axis Capital, Kotak Securities and Sharekhan Limited have "Not Rated" the IPO.
Review By | Apply | May Apply | Neutral | Avoid | Not Rated |
---|---|---|---|---|---|
Count | 14 | 2 | 0 | 0 | 3 |
% | 73.68 | 10.53 | 0.00 | 0.00 | 15.79 |
Reviewer | Recommendation | Past Reviews |
---|---|---|
Anand Rathi | Apply | |
Arihant Capital Markets Ltd | Apply | |
Axis Capital | Not Rated | |
BP Equities (BP Wealth) | Apply | |
Capital Market | May Apply | |
Choice Equity Broking Pvt Ltd | Apply | |
Dilip Davda | May Apply | |
GEPL Capital Ltd | Apply | |
Hem Securities | Apply | |
HENSEX Securities | Apply | |
Indsec Securities | Apply | |
Kotak Securities | Not Rated | |
Marwadi Shares and Finance Ltd | Apply | |
Motilal Oswal | Apply | |
Nirmal Bang | Apply | |
Reliance Securities | Apply | |
SBICAP Securities Limited | Apply | |
Sharekhan Limited | Not Rated | |
Swastika Investmart Ltd | Apply |
The Captial Market (CapitalMarket.com) rating for ideaForge Technology IPO is 45. Their analysis recommends May subscribe for the IPO.
Reviewer | Rating Score | Rating |
---|---|---|
Capital Market | 45 | May subscribe |
[Dilip Davda] The company is the Indian leader in the UAS segment. It has posted growth in its top lines but for FY23, its bottom line marked decline due to ESOP impact. Though based on FY23 performance, the issue appears aggressively priced, well-informed/cash surplus investors may consider parking funds for long-term rewards. Read detail review...
ideaForge Technology Limited peer comparison with similar listed entities. (Consolidated) (As on March 31, 2023)
Company Name | EPS (Rs) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | |
---|---|---|---|---|---|
EPS Basic | EPS Diluted | ||||
ideaForge Technology Limited | 8.55 | 8.12 | 86.81 | 9.85 | |
MTAR Technologies Limited | 33.62 | 33.62 | 201.60 | 57.08 | 16.68 |
Data Patterns India Limited | 23.80 | 23.80 | 224.00 | 72.83 | 10.62 |
Astra Microwave Products | 8.06 | 8.06 | 74.17 | 43.88 | 10.87 |
Notes:
ideaForge Technology IPO Reviews, analysis and views by popular members. Read ideaForge Technology Limited IPO reviews by retail investors to find recommended ipo to buy.
Post Recommendation Manage Your IPO Reviews
Review By | Apply | May Apply | Neutral | Avoid |
---|---|---|---|---|
Count | 15 | 0 | 0 | 0 |
% | 100.00 | 0.00 | 0.00 | 0.00 |
Member | Review |
---|---|
ShreeRam IPO |
Apply for Long Term at Cut-off Price Storng Business potencial June 29, 2023 7:03:45 PM |
newgen consultancy IPO Guru (3400+ Posts, 6500+ Likes) |
Apply for Listing Gain at Upper Price Band The valuations after listing would be super expensive so exit in short term |
Crow IPO Mentor (900+ Posts, 1000+ Likes) |
Apply for Listing Gain at Cut-off Price Other than the high asking price (P/E for 87) and being over-dependent on the defense sector, I don't see any negative in ideaForge. With a GMP that's inching closer to 100% and the mindblowing Dec 2022 listing of DroneAcharya, there is no reason not to ride this IPO euphoria. Retail allotment will be very tough so apply only on the 4th day to avoid locking your funds from now. Thanks. June 26, 2023 1:42:21 PM |
Palka IPO Mentor (1000+ Posts, 200+ Likes) |
Apply for Listing Gain at Upper Price Band VERY GOOD COMPANY ... TRY TO APPLY IN BHNI... BETTER CHANCES OF ALLOTMENT June 26, 2023 12:53:37 PM |
Chem cho IPO Guru (2600+ Posts, 2700+ Likes) |
Apply for Listing Gain at Cut-off Price listing gains , |
Mahesh M ojha |
Apply for Listing Gain at Upper Price Band *ideaForge Technology Limited* |
Ajay Trivedi |
Apply for Long Term at Upper Price Band The company is a market leader in the Indian Unmanned Aircraft Systems ("UAS") market with a market share of approximately 50% in fiscal 2022. |
Ankit Dhakad |
Apply for Long Term at Cut-off Price With increasing adoption in the defence, security and commercial sectors, the drone industry has seen significant growth in recent years. The future of this type of company is bright. So you can apply for both listing gains and long term hold in this IPO. June 22, 2023 1:14:05 PM |
Capital Investors |
Apply for Long Term at Upper Price Band Next Generation company with technology . June 22, 2023 10:25:14 AM |
Raaj The Original |
Apply for Long Term at Cut-off Price Lambi race ka ghoda June 21, 2023 12:14:42 AM |
MVP RAJKOT |
Apply for Short Term at Upper Price Band Will get huge subscription. Try your luck June 20, 2023 12:27:52 AM |
nbodara |
Apply for Long Term at Upper Price Band growing market, low competition, heavy customer base, high end clients eg, mining, real estate, expanded use by police and armed forces. June 19, 2023 1:24:37 PM |
Smile✍️ IPO Guru (1800+ Posts, 1000+ Likes) |
Apply for Listing Gain at Upper Price Band Blind apply can hold for long term June 16, 2023 5:48:42 PM |
HNISJao |
Apply for Listing Gain at Upper Price Band Subscribe June 16, 2023 2:16:15 PM |
B.M.SURANA IPO Guru (2700+ Posts, 5300+ Likes) |
Apply for Listing Gain at Upper Price Band Daba kar Apply karo |
Post Recommendation Manage Recommendations
Note:
Rs 0 Account Opening Fee
Free Eq Delivery & MF
Flat ₹20 Per Trade in F&O
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|