Home/IPOs/IDEAFORGE
Start Date26-06-2023
Application Timing10am-5pm
Price Range₹638 - ₹672
Min Qty22
Min. Investment₹14036
Listing Date07-07-2023
Close Date30-06-2023
About Ideaforge Technology Limited
Why To Invest in Ideaforge Technology Limited
- Ideaforge Technology Limited ranked 7th globally in the dual-use category (civil and defence) drone manufacturers as per the report published by Drone Industry Insights in December 2022.
- Ideaforge Technology Limited has grown at a CAGR of 131.47% in terms of revenue from operations over the last three Fiscals, with a Return on Capital Employed of 12.51% in Fiscal 2023.
- Their UAVs are equipped with industry-leading specifications and capabilities, comparable to those of other established global players in the UAV industry (Source: 1Lattice Report).
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Drone technology is a sunrise industry: Drone technology is a sunrise industry, with India having huge potential to become the drone hub of the world. The global industry has grown at 19% CAGR from 2018 to 2022 and the company is a pre-eminent market leader in the Indian UAV space having indigenous technology and an in-house manufacturing facility.
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Patented Technology: Ideaforge Technology Limited has filed 62 patents, including 28 patents filed in India and 38 patents filed internationally.
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Backed by Investors: Ideaforge Technology Limited is backed by prestigious investors such as Infosys Ltd, Qualcomm, and Asia Pacific Pte. Ltd.
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Highly Regulated Market: The industry in India is highly regulated, and failing to comply with regulations may impact the company’s operational and financial performance.
FAQs![](../../../assets/images/arrow.svg)
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