ideaForge lists at 94% premium over IPO price, doubles investors' wealth

Shares of India's largest drone maker ideaForge Technology made their market debut on Friday, listing at a premium of 94%. ideaForge shares listed at ₹1,300 on NSE over the issue price of ₹672, doubling investors' wealth. The ₹567-crore IPO of ideaForge was subscribed 106.06 times, becoming the first IPO after 2021 to get bids for more than 100 times.