Business Update Positive

2026-10-09 19:10

IdeaForge Technology Ltd has entered into a loan agreement with the Technology Development Board (TDB) on October 09, 2026. - The loan amount is Rs. 151 Crores, to be availed in tranches. - Purpose: Financial assistance for 'YETI - Heavy lift long range autonomous aerial logistics vehicle'. - Nature of loan: Term Debt Facility secured by a first-ranking charge over identified project assets.

Ownership Neutral

2026-10-05 12:07

- Promoter Ankit Mehta created a pledge over 2,80,000 equity shares (0.56% of total share capital) of ideaForge Technology Limited in favor of Infina Finance Private Limited. - The encumbrance was created on September 28, 2026, for personal financial requirements. - Post-event total encumbered shares stand at 6,50,370 shares (1.30% of total share capital).

Ownership Neutral

2026-10-05 11:24

- Promoter Ankit Mehta created a pledge over 2,80,000 equity shares (0.56% of total share capital) of ideaForge Technology Limited. - The pledge was created on September 28, 2026, in favor of Infina Finance Private Limited for personal financial requirements. - Post-event, the total encumbered shares held by the promoter stand at 6,50,370 shares (1.30% of total share capital).

Governance Negative

2026-10-02 11:56

CRITICAL RED FLAG DETECTED

- IdeaForge Technology has received an order under Section 74 of the CGST Act from the Additional Commissioner CGST & Central Excise, Belapur on October 01, 2026. - The authority demanded a tax liability of INR 545.86 Million along with an equal penalty of INR 545.86 Million for the period spanning January 2022 to March 2024 over alleged short payment of GST. - The company stated that the authority claimed wrong discharge of GST at 5% instead of a differential rate, whereas the Government clarified in 2025 that the GST rate for drones is 5%. - The company plans to file an appeal with the appropriate appellate authority and expects a favorable outcome, seeing no immediate material impact on financials or operations.

Business Update Positive

2026-09-30 15:06

Order Win: ideaForge Technology Limited won multiple orders from civil customers Order Value: ₹23.62 Crore Completion Timeline: Up to 6 months

Routine Neutral

2026-09-25 10:34

- Trading window closed for all Designated Persons and their immediate relatives from October 01, 2026. - Window will reopen 48 hours after declaration of Unaudited Financial Results for the quarter and half year ended September 30, 2026. - Date of the Board Meeting will be intimated in due course.

Ownership Neutral

2026-09-22 11:34

- Allotment of 8,826 Equity Shares of ₹10/- each on September 22, 2026. - Issued under the ideaForge Employees Stock Option Scheme, 2018. - Post allotment, the paid-up capital increased from ₹49,70,85,060 to ₹49,71,73,320.

Business Update Neutral

2026-09-17 14:12

- Concall Schedule - Concall Date: 22nd September 2026 - Concall Time: 03:00 pm onwards - Meeting Type: Group Meeting with Institutional Investors/Analysts

Business Update Positive

2026-08-18 10:14

- The company delivered over 20% of its FY27 opening order book, recording revenue of INR 68.6 crores and positive EBITDA in Q1 FY27. - Entered FY27 with an opening order book over INR 300 crores, aiming to execute the remaining INR 256.8 crores by Q3 FY27. - Secured INR 500 crores through a QIP and an LOI for financial assistance up to INR 151 crores for the YETI logistics UAV under the Government of India's RDI Scheme. - Blended gross margin for FY27 expected to hover between 50-55%. - Significant progress in combat drone capabilities, YETI program (designed for 6,500m takeoff altitude), and received DGCA Type Certification for Q6 V2 GEO UAV. - Positive demand environment with announced INR 20,000 crores drone procurements by the Indian Army and DAC cleared INR 52,000 crores capital acquisition proposals including drone systems. - Expects procurement activities to accelerate in Q3 and Q4 FY27, with some fast-track opportunities converting within the year. - Deployed UAV fleet crossed 1 million customer missions; exploring US and international market opportunities.

Governance Neutral

2026-08-14 12:09

- The Executive Committee of ideaForge Technology Limited approved the allotment of 14,135 Equity Shares on August 14, 2026. - These shares, with a face value of Rs. 10/-, were allotted under the ideaForge Employees Stock Option Scheme, 2018. - Post-allotment, the company's paid-up capital increased to Rs. 49,70,85,060, comprising 4,97,08,506 equity shares.

Business Update Neutral

2026-08-11 14:20

- Audio recording of the Earnings Conference Call for the quarter ended June 30, 2026, is available on the company's website. The call was held on August 11, 2026. Link: https://ideaforgetech.com/uploads/Other/10046308.mp3

Financials Positive

2026-08-10 20:27

- Q1 FY27 Consolidated Revenue ₹68.6Cr vs ₹12.8Cr (▲436% YoY) - EBITDA ₹4.3Cr vs ₹-15.1Cr (Turnaround from loss to profit) - PAT ₹-2.6Cr vs ₹-23.6Cr (Loss reduced by 89% YoY) - EBITDA Margin 6.2% vs -118.5% (▲12470bps) - Raised ₹500 Cr through Qualified Institutional Placement (QIP). - Secured DGCA Type Certification for Q6 V2 GEO UAV. - Received Letter of Intent (LoI) for financial assistance up to ₹151 Cr to develop the middle-mile logistics platform YETI.

Financials Positive

2026-08-10 19:59

- Q1 FY27 Consolidated Revenue from operations: INR 686 Mn. - Q1 FY27 EBITDA: ~INR 43 Mn. - EBITDA Margin: ~6.3%. - Executed over 20% of the FY27 opening order book with positive EBITDA. - Successfully completed Qualified Institutional Placement (QIP), raising INR 5,000 Mn. - Secured INR 1,510 Mn funding under the Government of India's RDI Scheme. - Obtained DGCA Type Certification for Q6 V2 GEO UAV, expanding GIS opportunities. - ZOLT moved to series production to fulfil open MoD orders. - ideaForge UAVs have completed over one million cumulative customer missions.

Financials Positive

2026-08-10 19:52

- Q1 FY27 Consolidated Revenue ₹68.59Cr vs ₹12.78Cr (▲436.68% YoY) - EBITDA ₹2.33Cr vs ₹(19.08)Cr (▲112.21% YoY) - PAT ₹(2.59)Cr vs ₹(23.56)Cr (▲89.01% YoY) - EBITDA Margin 3.40% vs -149.28% (▲15268bps) - Raised ₹500Cr (5,000 million) via Qualified Institutional Placement (QIP) for debt repayment, working capital, and product development.

Financials Positive

2026-08-10 19:46

- Q1 FY27 Consolidated Revenue ₹68.59Cr vs ₹12.78Cr (▲436.68% YoY) - EBITDA ₹2.33Cr vs (₹19.08Cr) (▲112.10% YoY, significant improvement from loss to profit) - PAT (₹2.59Cr) vs (₹23.56Cr) (Loss reduced by 89.01% YoY) - EBITDA Margin 3.40% vs -149.28% (▲15268bps) - Company raised ₹500Cr via QIP for debt repayment, working capital, and product development.

Governance Neutral

2026-08-05 16:13

- The 19th Annual General Meeting (AGM) of ideaForge Technology Limited was held on August 05, 2026. - All two ordinary resolutions, including the adoption of financial statements and the re-appointment of Mr. Ashish Bhat as Director, were passed with the requisite majority.

Governance Neutral

2026-08-05 16:10

- IdeaForge Technology Limited held its 19th Annual General Meeting (AGM) on August 05, 2026, from 11:00 A.M. to 12:33 P.M. via Video Conferencing. - Key items included adoption of Audited Standalone and Consolidated Financial Statements for the year ended March 31, 2026, and reappointment of Mr. Ashish Bhat as Whole-time Director.

Business Update Neutral

2026-08-04 16:01

- Concall Schedule - Concall Date: Tuesday, August 11, 2026 - Concall Time: 11:00 AM, IST

Business Update Positive

2026-07-31 15:51

- ideaForge Technology Limited received a Letter of Intent (LOI) from the Technology Development Board (TDB) for financial assistance for the "YETI - Heavy lift long range autonomous aerial logistics vehicle" project. - The total estimated cost of the project is INR 302.00 Crore. - TDB has granted in-principle approval for financial assistance up to INR 151.00 Crore, in the form of a loan at 4% simple interest per annum. - The project completion period is 3 years from the date of the first disbursement. - This LOI is an in-principle approval and not a final binding commitment, pending definitive agreements and due diligence.

Governance Neutral

2026-07-30 14:58

- Board Meeting on August 10, 2026, to consider and approve Unaudited Standalone & Consolidated Financial Results for the quarter ended June 30, 2026. - Trading window remains closed for designated persons until 48 hours after results declaration.

Ownership Neutral

2026-07-30 14:21

- Allotment of 8,774 equity shares of face value ₹10 each under the ideaForge Employees Stock Option Scheme, 2018 on July 30, 2026. - Post-allotment, the company's paid-up capital increased from ₹49,68,55,970 to ₹49,69,43,710.

Business Update Neutral

2026-07-29 10:33

- ideaForge Technology Limited informs about the conclusion of engagement with Orient Capital as its Investor Relations (IR) agency effective August 31, 2026. - Strategic Growth Advisors Private Limited ('SGA') has been appointed as the new IR agency, effective September 01, 2026, to provide investor relations and advisory services.

Routine Neutral

2026-07-13 18:42

- ideaForge Technology Limited submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26. - The BRSR forms an integral part of the Annual Report for FY 2025-26, fulfilling requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Governance Neutral

2026-07-13 18:40

- The 19th Annual General Meeting (AGM) of ideaForge Technology Limited is scheduled for Wednesday, August 05, 2026, at 11:00 a.m. (IST) via Video Conferencing/Other Audio-Visual Means. - The Notice of the 19th AGM along with the Annual Report for the Financial Year 2025-26 has been submitted to the exchanges. - The Annual Report and AGM Notice are available on the company's website.

Governance Neutral

2026-07-13 18:34

- ideaForge Technology Limited has submitted the Notice of its 19th Annual General Meeting (AGM) and the Annual Report for the Financial Year 2025-26. - The AGM is scheduled for Wednesday, August 05, 2026, at 11:00 a.m. (IST) via Video Conferencing/Other Audio-Visual Means.

Routine Neutral

2026-07-10 23:22

New Filing detected. See link for details.

Routine Neutral

2026-07-10 21:34

New Filing detected. See link for details.

Routine Neutral

2026-07-07 20:22

New Filing detected. See link for details.

Financials Neutral

2026-07-07 16:10

- Board of Directors on April 30, 2026, approved the audited consolidated financial statements and audit report for the financial year ended March 31, 2026. - The results are subject to shareholder approval at the Annual General Meeting on August 05, 2026.

Governance Neutral

2026-07-04 19:18

- The company's members approved two Special Resolutions via postal ballot/e-voting on July 04, 2026. - Resolution 1: Approved raising funds up to ₹5,000.00 million by issuing Equity Shares and/or other Eligible Securities. - Resolution 2: Approved the alteration of the Articles of Association. - Both resolutions passed with requisite majority.

Governance Positive

2026-07-04 19:10

- ideaForge Technology Limited announced the successful passing of two Special Resolutions via postal ballot on July 04, 2026. - Shareholders approved raising funds up to ₹5,000.00 million by issuing equity shares and/or other eligible securities. - Shareholders also approved the alteration of the Company's Articles of Association.

Routine Neutral

2026-06-26 10:58

- Trading window for Designated Persons closed from July 01, 2026. - It will remain closed till 48 hours after the declaration of Unaudited Financial Results for the quarter ended June 30, 2026. - The date for the Board Meeting to consider these results will be intimated separately.

Ownership Neutral

2026-06-16 15:49

- Allotment of 7,392 equity shares on June 16, 2026, under the ideaForge Employees Stock Option Scheme, 2018, upon exercise of vested stock options. - Post-allotment, the paid-up capital increased from ₹43,38,88,970 to ₹43,39,62,890.

Financials Positive

2026-06-05 11:14

- India Ratings assigned IdeaForge Technology a Long-term Issuer Rating of 'IND BBB/Stable'. - FY26 operating performance improved significantly with revenue at ₹2,261.3Mn and positive EBITDA of ₹48.09Mn (vs negative FY25). Further FY27 growth is expected from ₹5,300Mn order booking.

Governance Positive

2026-06-04 16:58

- ideaForge Technology Limited issued a Postal Ballot Notice to seek shareholder approval for: - Raising funds up to ₹5,000 million (₹500 Cr) by issuing equity shares and/or other eligible securities. - Altering the Articles of Association of the Company to align the definition of 'Promoter' with SEBI regulations. - The e-voting period is from June 05, 2026, to July 04, 2026. - Results of the postal ballot will be announced by July 06, 2026.

Governance Positive

2026-06-03 21:52

- Board approved raising funds up to ₹5,000 million (₹500 Crore). - Funds to be raised via issuance of various securities (equity, preference, debentures etc.) through methods like QIP, private placement. - Subject to shareholder and regulatory approvals. - Company will seek shareholder approval via Postal Ballot for fund raising and alteration in Articles of Association.

Business Update Neutral

2026-06-03 10:08

- Investor Meeting Schedule - Meeting Dates: June 8, 2026 to June 30, 2026 - Locations/Modes: India, Hongkong, Singapore, United Kingdom (Virtual/Physical) - No unpublished price sensitive information will be shared during the meetings.

543932

Ideaforge Technology Ltd

Price Chart

Filing History

Unlock Full History