IdeaForge IPO Subscribed 106 Times, Cyient DLM Booked 67x on Final Day
IdeaForge IPO Subscribed 106 Times, Cyient DLM Booked 67x on Final Day The initial public offering (IPO) of IdeaForge, a leading Indian drone technology company, witnessed tremendous investor interest as it was subscribed a staggering 106 times on the final day. Simultaneously, Cyient's digital transformation and engineering services subsidiary, DLM, also received overwhelming demand, with its book being subscribed 67 times. This exceptional response underscores the investor confidence in the prospects of these companies and the growing significance of technology-driven industries in the Indian market. In this article, we will delve into the details of IdeaForge's IPO and Cyient's DLM subscription, highlighting their implications for the respective companies and the broader investment landscape. IdeaForge and Cyient are prominent players in the Indian technology and engineering sectors. The exceptional response to IdeaForge's IPO and the overwhelming demand for Cyient...