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ideaForge Technology IPO is a Book Building listing on BSE,NSE exchange, with an ipo size of ₹ 567.29 Cr. The company is based in Mumbai and caters to Drone sector. IIFL Securities , Jm Financial are the merchant bankers of ideaForge Technology IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 10th February 2023.
ideaForge Technology IPO posted revenues of ₹ 186.00 Cr. and PAT of ₹ 31.98 Cr. in FY25 on annualised basis.
Revenue:
₹ 186.00 Cr.
EBITDA Margin:
30.90
% 
Net Worth: ₹ 324.74 Cr.
Market Capitalisation:
₹ 2800.20 Cr.
P/E:
3.81 times
P/BV: 3.14 times
EV/EBITDA: 50.19 times
Financial results of ideaForge Technology IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
| Financials | FY23 | FY22 | FY21 | ||
|---|---|---|---|---|---|
|
Balance Sheet
|
|||||
| Assets | 383.69 | 222.33 | 123.74 | ||
| Net Worth | 324.74 | 163.30 | 59.74 | ||
| Total Debt | 86.50 | 5.67 | 50.57 | ||
|
Profit & Loss
|
|||||
Revenue
Revenue on annualised basis |
186.00 | 159.43 | 34.71 | ||
EBITDA
EBITDA on annualised basis |
57.48 | 75.13 | -9.25 | ||
PAT
PAT on annualised basis |
31.98 | 44.00 | -14.63 | ||
ideaForge Technology IPO PAT Margin is 17.19 % , ROCE (Return on Capital Employed) is 12.51 % as per latest financial. The below table shows ideaForge Technology IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
| Particulars | FY23 | FY22 | FY21 |
|---|---|---|---|
| EBITDA Margin (%) | 30.90 | 47.12 | -26.65 |
| PAT Margin (%) | 17.19 | 27.60 | -42.15 |
| EPS (₹) | 8.55 | 13.84 | -5.03 |
| ROE (%) | 9.85 | 26.94 | -24.49 |
| ROCE (%) | 12.51 | 49.63 | -15.18 |
| ROA (%) | 8.33 | 19.79 | -11.82 |
| Debt to Equity | 0.27 | 0.03 | 0.85 |
The market Capitalisation of ideaForge Technology IPO is ₹ 2800.20 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The ideaForge Technology IPO prospectus highlights an Return on Equity (ROE) of 9.85 % , Return on Assets (ROA) of 8.33 %, and an EBITDA Margin of 30.90 %, showcasing financial performance.
Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows ideaForge Technology IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.
The post-IPO market capitalisation of ideaForge Technology IPO is ₹ 2800.20 Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.
The ideaForge Technology IPO has a Price-to-Earnings (PE) ratio of 3.81 X, indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.
ideaForge Technology IPO reported revenue of ₹ 196.40 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from ideaForge Technology IPO provide insights into sales growth, market demand, and business scalability.
ideaForge Technology recorded an EBITDA of ₹ 57.48 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
ideaForge Technology Profit After Tax (PAT) is ₹ 31.98 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 186.00 Cr.
EBITDA Margin:
30.90
%
Net Worth: ₹ 324.74 Cr.
Market Capitalisation:
2,800.20
P/E:
3.81 times
P/BV: 3.14 times
EV/EBITDA:
50.19
ideaForge Technology operates in Drone and Unmanned Aircraft System. The Issue is listed on BSE,NSE in Jul, 2023. ideaForge Technology IPO size was 567.29 with Issue price of 672.00 .
Merchant Banker(s) of ideaForge Technology IPO: IIFL Securities Limited , Jm Financial Limited
ideaForge Technology IPO subscription was 106.06 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
ideaForge Technology IPO listed at a listing price of 1295.50 against the offer price of 672.00.
The current market price of ideaForge Technology is 542.75.
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