In recent years, the drone industry has witnessed a surge in popularity, driven by advancements in technology and the increasing demand for unmanned aerial vehicles (UAVs) across various sectors.
ideaForge, an Indian drone manufacturer, has emerged as a significant player in this fast-growing market.
As the company prepares for its Initial Public Offering (IPO), market enthusiasts and investors are eagerly keeping an eye on the Grey Market Premium (GMP) associated with the ideaForge IPO.
Grey Market Premium (GMP) is a term used to describe the price at which an IPO’s shares are traded in the unofficial market before its official listing on the stock exchange. The GMP provides insights into the market’s perception of the IPO and indicates whether investors expect the share price to increase or decrease upon listing.
ideaForge has an impressive track record as a pioneer in the Indian drone industry.
The company was founded in 2007 by IIT-Bombay alumni, and since then, it has been at the forefront of developing cutting-edge UAV solutions for defense, homeland security, and industrial applications.
ideaForge’s drones are known for their robustness, precision, and ability to operate in challenging environments.