Drone maker ideaforge Technology's initial public offer was subscribed whopping 106.05 times on the closing day of subscription on Friday, helped by huge participation from investors. The Rs 567.24-crore initial share sale received bids for 49,30,29,570 shares against 46,48,870 shares on offer, as per NSE data. The Qualified Institutional Buyers (QIBs) category was subscribed a huge 125.81 times. The portion for Retail Individual Investors (RIIs) fetched 85.16 times subscriptions and the non-institutional investors part got subscribed 80.58 times. The Initial Public Offer (IPO) has a fresh issue aggregating up to Rs 240 crore and an offer for sale of up to 48,69,712 equity shares. The price
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