Is the ideaForge IPO oversubscription justified?
The drone maker’s share sale is skewed towards providing existing investors with an exit, at a time when the company needs all the cash it can get for growth.
28 June, 2023•11 min
0
28 June, 2023•11 min
0

More in Business
Business
Adani circles nuclear power as India rethinks the rules
As India prepares to throw open its nuclear sector to private players, the conglomerate is taking position. But the technology, economics and risks look far tougher than anything it has scaled so far.
You may also like
Business
How India’s retail shareholders are being left holding the can
Swiggy and Ola Electric’s plans to return to the public markets soon after big-bang IPOs leave investors with dilution, little prospect of returns and plenty of questions.
Business
What the $1 trillion pledge got MBS in return
The crown prince of Saudi Arabia returns to Washington DC with big promises, but may be walking away with more.
Internet
In India’s Lenskart IPO, a success for ADIA
The sovereign wealth fund’s big bet on the Indian eyewear company, Microsoft’s AI win in the Emirates and other updates from the week.







