ideaForge Technology IPO Subscription Details

Bookbuilding IPO | Listed at BSE, NSE | Mon, Jun 26, 2023 - Fri, Jun 30, 2023

ideaForge Technology IPO Anchor Investor Allocation

A total of 37,92,894 shares at a price of Rs 672 per share will be allotted to the anchor investors.

Anchor investors bid opening dateJun 23, 2023
Anchor investor price₹672.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days18,96,447
No. of shares locked-in for 90 days18,96,447
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 PINEBRIDGE GLOBAL FUNDS-PINEBRIDGE INDIA EQUITY FUND PINEBRIDGE 1,04,163 7.00 2.75 1.23
2 NOMURA FUNDS IRELAND PLC-NOMURA FUNDS IRELAND-INDIA EQUITY FUND NOMURA 1,78,464 11.99 4.71 2.11
3 TATA AIG GENERAL INSURANCE CO.LTD. TATA AIG GENERAL INSURANCE 1,78,464 11.99 4.71 2.11
4 ASHOKA INDIA EQUITY INVESTMENT TRUST PLC ASHOKA 1,78,464 11.99 4.71 2.11
5 ICICI PRUDENTIAL RETIREMENT FUND-HYBRID AGGRESSIVE PLAN ICICI PRUDENTIAL MUTUAL FUND 56,276 3.78 1.48 0.67
6 ICICI PRUDENTIAL RETIREMENT FUND-PURE EQUITY PLAN ICICI PRUDENTIAL MUTUAL FUND 1,22,188 8.21 3.22 1.45
7 INVESCO INDIA SMALLCAP FUND INVESCO MUTUAL FUND 1,04,164 7.00 2.75 1.23
8 HSBC LARGE & MID CAP FUND HSBC MUTUAL FUND 1,04,170 7.00 2.75 1.23
9 HSBC INFRASTRUCTURE FUND HSBC MUTUAL FUND 74,294 4.99 1.96 0.88
10 AXIS RETIREMENT FUND-AGGRESSIVE PLAN AXIS MUTUAL FUND 59,488 4.00 1.57 0.70
11 AXIS EQUITY SAVINGS FUND AXIS MUTUAL FUND 59,488 4.00 1.57 0.70
12 AXIS INNOVATION FUND AXIS MUTUAL FUND 59,488 4.00 1.57 0.70
13 MIRAE ASSET FOCUSED FUND MIRAE ASSET MUTUAL FUND 1,78,464 11.99 4.71 2.11
14 BANDHAN LARGE CAP FUND BANDHAN MUTUAL FUND 1,04,164 7.00 2.75 1.23
15 TATA AIA LIFE INSURANCE CO.LTD.-EMERGING OPPORTUNITIES FUND-ULIF 064 12/09/22 EOF 110 TATA AIA LIFE INSURANCE 1,04,163 7.00 2.75 1.23
16 HDFC DEFENCE FUND HDFC MUTUAL FUND 1,78,464 11.99 4.71 2.11
17 BNP PARIBAS ARBITRAGE-ODI BNP PARIBAS 1,78,464 11.99 4.71 2.11
18 MOTILAL OSWAL MIDCAP FUND MOTILAL OSWAL MUTUAL FUND 1,78,464 11.99 4.71 2.11
19 360 ONE SPECIAL OPPORTUNITIES FUND-SERIES X 360 ONE 1,78,464 11.99 4.71 2.11
20 NIPPON INDIA FLEXI CAP FUND NIPPON INDIA MUTUAL FUND 1,78,464 11.99 4.71 2.11
21 ADITYA BIRLA SUN LIFE SMALL CAP FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 1,07,074 7.20 2.82 1.27
22 ADITYA BIRLA SUN LIFE INFRASTRUCTURE FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 71,390 4.80 1.88 0.85
23 KOTAK ELSS TAX SAVER FUND KOTAK MAHINDRA MUTUAL FUND 89,232 6.00 2.35 1.06
24 KOTAK MULTICAP FUND KOTAK MAHINDRA MUTUAL FUND 89,232 6.00 2.35 1.06
25 GOLDMAN SACHS FUNDS-GOLDMAN SACHS INDIA EQUITY PORTFOLIO GOLDMAN SACHS 1,78,464 11.99 4.71 2.11
26 HOSTPLUS POOLED SUPERANNUATION TRUST NEUBERGER AUSTRALIA PTY.LTD. HOSTPLUS 1,78,464 11.99 4.71 2.11
27 QUANT DYNAMIC ASSET ALLOCATION FUND QUANT MUTUAL FUND 1,04,164 7.00 2.75 1.23
28 MAX LIFE INSURANCE CO.LTD.-ULIF 02201/01/20 LIFEDIVEQF 104-DIVERSIFIED EQUITY FUND MAX LIFE INSURANCE 1,04,163 7.00 2.75 1.23
29 CARMIGNAC PORTFOLIO CARMIGNAC 1,04,163 7.00 2.75 1.23
30 OPTIMIX WHOLESALE GLOBAL EMERGING MARKETS SHARE TRUST OPTIMIX 1,04,163 7.00 2.75 1.23
31 PRUDENTIAL ASSURANCE CO.LTD.,THE PRUDENTIAL 1,04,163 7.00 2.75 1.23
37,92,894254.8810044.93

ideaForge Technology IPO Mutual Fund Scheme Allocation

Out of a total of 3,792,888 shares allotted to Anchor Investors, 1,918,662 shares will be allotted to 18 mutual funds through 18 schemes.

S.No.Mutual Fund SchemeNo. of Shares AllocatedBid Price Per Share (Rs.)Anchor Investor Portion (%)Total Amount Allocated (Rs.)
1icici prudential retirement fund - hybrid aggressive plan56,2766721.4837,817,472
2icici prudential retirement fund - pure equity plan122,1886723.2282,110,336
3invesco india smallcap fund104,1646722.7569,998,208
4hsbc large & mid cap fund104,1646722.7569,998,208
5axis mutual fund trustee ltd a/c axis mutual fund a/c axis retirement savings fund - aggressive plan59,4886721.5739,975,936
6hsbc infrastructure fund74,2946721.9649,925,568
7axis mutual fund trustee ltd a/c axis mutual fund a/c axis special situations fund59,4886721.5739,975,936
8mirae asset focused fund178,4646724.71119,927,808
9bandhan large cap fund104,1646722.7569,998,208
10hdfc mutual fund - hdfc defence fund178,4646724.71119,927,808
11motilal oswal midcap fund178,4646724.71119,927,808
12nippon life india trustee ltd - a/c nippon india flexi cap fund178,4646724.71119,927,808
13aditya birla sun life trustee pvt lts a/c aditya birla sun life small cap fund107,0746722.8271,953,728
14aditya birla sun life trustee private limited a/c aditya birla sun life infrastructure fund71,3906721.8847,974,080
15axis mutual fund trustee ltd a/c axis mutual fund a/c axis equity saver fund59,4886721.5739,975,936
16kotak tax saver scheme89,2326722.3559,963,904
17kotak mahindra trustee co. ltd. a/c kotak multicap fund89,2326722.3559,963,904
18quant mutual fund - quant dynamic asset allocation fund104,1646722.7569,998,208
1,918,662511,289,340,864

IPO Subscription FAQs

The ideaForge Technology IPO is subscribed 106.06 times by Jun 30, 2023 19:02.

ideaForge Technology IPO Subscription

Investor Category Subscription (times)
Qualified Institutional125.81
Non Institutional80.58
Retail Individual85.2
Employee Reservations96.65
Total Subscription106.06

Retail category of ideaForge Technology IPO subscribed 85.2 times as of date Jun 30, 2023 19:02. The public issue closes on Fri, Jun 30, 2023 for bidding.

An investor can apply in ideaForge Technology IPO online via bank (using ASBA) or the broker (using UPI). The ideaForge Technology IPO shares are offered online only.

The ideaForge Technology IPO is subscribed 106.06 times by Jun 30, 2023 19:02.

The ideaForge Technology IPO allotment status is expected on or around Wednesday, July 5, 2023. Visit ideaForge Technology IPO allotment status to check.

The ideaForge Technology IPO listing date is July 7, 2023. The equity share of ideaForge Technology IPO will list on BSE, NSE.

Visit ideaForge Technology IPO subscription status page for real-time bidding information about ideaForge Technology IPO.

ideaForge Technology IPO Timetable

IPO opens OnMonday, June 26, 2023
IPO Closes OnFriday, June 30, 2023
Finalisation of Basis of AllotmentWednesday, July 5, 2023
Initiation of RefundsThursday, July 6, 2023
Credit of Shares to Demat AccountFriday, July 7, 2023
IPO Listing DateFriday, July 7, 2023
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