Ideaforge Tech Raises ₹500 Cr via QIP

Ideaforge Technology Ltd has successfully completed a Qualified Institutions Placement (QIP), raising ₹5,000 million (₹500 crore). The company allotted 6,289,308 equity shares at an issue price of ₹795.00 per share. This issuance was approved by the Fund Raising Committee and was conducted under SEBI regulations. The placement opened on July 7, 2026, and closed on July 10, 2026. Following the allotment, the company's paid-up equity share capital has increased to ₹496,855,970.00, comprising 49,685,597 equity shares. The filing also includes a list of allottees who received more than 5% of the issue size.