IPO watch: Two main board public issues ideaForge Technology, Cyient DLM to open next week. GMP, price, other details
IPO watch: Two major initial public offerings (IPOs) – ideaForge Technology IPO and Cyient DLM IPO – are hitting the primary market next week. The upcoming IPO was worth it ₹1159 crore with ideaForge aiming to raise IPO ₹567 crore and aims to generate Cyient DLM IPO ₹592 crore from the initial offer. The two upcoming IPOs are planning to list on BSE and NSE and shares of both the companies are available for gray market trading today. According to market observers, ideaForge Technology Ltd shares are available in the gray market today at a premium ₹500 per share but Cyient DLM share price is available at a premium ₹110 per share premium in the gray market today.
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