ideaForge Technology Ltd

ideaForge Technology Limited announced the allotment of 14,135 equity shares with a face value of Rs 10 each on August 14, 2026, under the ideaForge Employees Stock Option Scheme, 2018. The allotment increased the company's paid-up capital from Rs 49,69,43,710 comprising 4,96,94,371 equity shares to Rs 49,70,85,060 comprising 4,97,08,506 equity shares.

ideaForge Technology Limited will hold a board meeting on August 10, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, according to a filing with the BSE Limited and The National Stock Exchange of India Limited. The company also stated that the trading window for its securities will remain closed for 48 hours after the declaration of the financial results, following a previous communication dated June 26, 2026.

IdeaForge Technology Limited announced the allotment of 8,774 equity shares with a face value of Rs 10 each under its ideaForge Employees Stock Option Scheme, 2018, to employees on July 30, 2026. The allotment increased the company's paid-up capital from Rs 49,68,55,970 comprising 4,96,85,597 equity shares to Rs 49,69,43,710 comprising 4,96,94,371 equity shares.

Ideaforge Technology has allotted 62,89,308 equity shares to eligible qualified institutional buyers at the issue price of Rs795 per equity share, [(which includes a discount of Rs 40.86 per equity share (4.89% of the floor price, as determined in terms of the SEBI ICDR Regulations) to the floor price] i.e. at a premium of Rs 785 per equity share, aggregating to Rs 500 crore, pursuant to the QIP issue. Post allotment of equity shares in the issue, the paid-up equity share capital of the company stands increased to Rs 496,855,970 consisting of 49,685,597 equity shares.

The company authorized the opening of issue on 7 July 2026. The floor price of Rs 835.86 per equity share is at a discount 0.26% to the scrip's previous closing price of Rs 838 recorded on the BSE on Tuesday (7 July 2026). Ideaforge Technology 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, the company 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.Powered by Capital Market - Live

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. Powered by Capital Market - Live

Ideaforge Technology will hold a meeting of the Board of Directors of the Company on 3 June 2026.

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 announced that the 19th Annual General Meeting(AGM) of the company will be held on 5 August 2026.

Net profit of Ideaforge Technology reported to Rs 59.99 crore in the quarter ended March 2026 as against net loss of Rs 25.71 crore during the previous quarter ended March 2025. Sales rose 594.44% to Rs 141.04 crore in the quarter ended March 2026 as against Rs 20.31 crore during the previous quarter ended March 2025. For the full year,net loss reported to Rs 17.03 crore in the year ended March 2026 as against net loss of Rs 62.28 crore during the previous year ended March 2025. Sales rose 40.26% to Rs 226.13 crore in the year ended March 2026 as against Rs 161.22 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales141.0420.31 594 226.13161.22 40 OPM %43.75-107.58 -2.14-32.68 - PBDT72.52-17.67 LP 23.14-33.06 LP PBT60.75-25.69 LP -19.94-62.40 68 NP59.99-25.71 LP -17.03-62.28 73 Powered by Capital Market - Live