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ideaForge Technology allotted 8,826 equity shares at Rs.10 face value upon exercise of vested stock options under its 2018 ESOP scheme. Post-allotment paid-up capital rises to Rs.49,71,73,320.
Ideaforge Technology Ltd filed its quarterly shareholding pattern for the period ended December 31, 2024. This document provides the updated breakdown of promoter and public shareholding.
Ideaforge delivered steady Q1 FY27 results, converting 20% of its order book into revenue. Management is focused on executing its 256.8 Cr backlog while aggressively developing high-altitude combat and logistics drone capabilities.
Q1 FY27 revenue reached INR 685.9 Mn with positive EBITDA of INR 42.8 Mn. Strategy focuses on indigenous technology, combat drone development, and fulfilling MoD orders while navigating supply chain disruptions.
ideaForge Technology Ltd reported revenue from operations of ₹68.6 Cr (+435.9% YoY) and a net loss of ₹2.6 Cr for Q1 FY27.