Ideaforge Technology Ltd Share Price – NSE /  BSE

Aerospace & Defence, Small Cap

The company's board approved fundraising of up to Rs 500 crore through one or more tranches via qualified institutional placements (QIPs), preferential allotments, private placements, or other permissible modes, subject to shareholder and regulatory approvals.

The proposed fundraising may involve the issuance of equity shares, preference shares, convertible debentures, non-convertible debentures with warrants, or other eligible securities. The board has also constituted a Fund-Raising Committee to determine the terms and conditions of the issue and oversee the capital-raising process.

In addition, the board approved a postal ballot notice seeking shareholders' consent for the proposed fundraising plans.

The company said detailed disclosures regarding the type of securities and mode of issuance will be made after the fundraising structure is finalized.

ideaForge is a market leader in the Indian unmanned aircraft systems (UAS) market. It ranked 3rd globally in the dual-use category (civil and defense) drone manufacturers as per the report published by Drone Industry Insights in December 2024.

On a consolidated basis, ideaForge Technology reported net profit of Rs 59.99 crore in Q4 March 2026 as against net loss of Rs 25.71 crore in Q4 March 2025. Net sales soared 594.44% YoY to Rs 141.04 crore in Q4 March 2026.

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Ideaforge Technology announced that CRISIL has reaffirmed the corporate credit rating of the company at CRISIL BBB. The outlook on the rating has been revised from Negative to Stable.

Ideaforge Technology has allotted 88,366 equity shares under ESOS on 04 May 2026. Post allotment, the paid-up capital of the Company stands increased to Rs. 43,38,76,410 comprising of 4,33,87,641 equity shares of Rs. 10/- each fully paid- up.

California Software Company Ltd, Omax Autos Ltd, IFB Agro Industries Ltd and DCM Shriram Industries Ltd are among the other gainers in the BSE's 'B' group today, 04 May 2026.

Ideaforge Technology Ltd soared 20.00% to Rs 731.1 at 12:02 IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 4.38 lakh shares were traded on the counter so far as against the average daily volumes of 75173 shares in the past one month.

California Software Company Ltd surged 20.00% to Rs 17.04. The stock was the second biggest gainer in 'B' group. On the BSE, 49459 shares were traded on the counter so far as against the average daily volumes of 6912 shares in the past one month.

Omax Autos Ltd spiked 19.98% to Rs 155.75. The stock was the third biggest gainer in 'B' group. On the BSE, 5590 shares were traded on the counter so far as against the average daily volumes of 7295 shares in the past one month.

IFB Agro Industries Ltd jumped 16.23% to Rs 1014.3. The stock was the fourth biggest gainer in 'B' group. On the BSE, 24477 shares were traded on the counter so far as against the average daily volumes of 1325 shares in the past one month.

DCM Shriram Industries Ltd exploded 16.21% to Rs 49.6. The stock was the fifth biggest gainer in 'B' group. On the BSE, 43577 shares were traded on the counter so far as against the average daily volumes of 14937 shares in the past one month.

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