{"id":106705,"date":"2026-06-04T10:43:52","date_gmt":"2026-06-04T05:13:52","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=106705"},"modified":"2026-06-04T10:43:54","modified_gmt":"2026-06-04T05:13:54","slug":"ideaforge-share-price-hits-52-week-high-500-crore-fundraise","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/ideaforge-share-price-hits-52-week-high-500-crore-fundraise\/","title":{"rendered":"ideaForge Share Price Hits 5% Upper Circuit and 52-Week High of Rs 900 on 4 June 2026 as Board Approves Rs 500 Crore Fundraise"},"content":{"rendered":"
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ideaForge<\/a> share price hit the 5% upper circuit at Rs 900 on 4 June 2026, marking a fresh 52-week high for the drone technology stock, after the board of directors approved a proposal to raise up to Rs 500 crore through a qualified institutional placement (QIP), preferential allotment, or private placement. The stock opened directly at the upper circuit level, reflecting broad-based institutional and retail buying interest. The move comes within weeks of the company reporting its strongest-ever quarterly results for Q4 FY26, with revenue of Rs 141 crore and a profit after tax of Rs 60 crore, a sharp reversal from a loss of Rs 25.7 crore in Q4 FY25.<\/p>\n

The fundraise, which requires shareholder and regulatory approvals, is widely seen as a move to scale ideaForge’s advanced defence technology platforms, manufacturing capacity, and international presence. With R&D and manufacturing hubs across Navi Mumbai, Bengaluru, Delhi, and the USA, the company is positioning itself for the next phase of growth in the domestic and global drone market.<\/p>\n

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