The shares of the company have generated a multibagger return of 2230 per cent in the last three years.

Shares of the company have gained about 100 per cent in the last six months.

Investors will get one bonus share for every four shares held in the company. Additionally, the shares of the company have generated an impressive return of 81% in the last three months.

This partnership will further strengthen our role in enhancing the value proposition for the freight industry as well as for passenger mobility while helping the Railways achieve its net zero objectives.

The company has a market cap of Rs 90.15 crore. The net sales increased by per cent to Rs 18.02 crore and net profit skyrocketed by per cent to Rs 2.19 crore in FY23 over FY22. The stock has a PE of 41.20x, an ROE of 84.4 per cent and a ROCE of 63 per cent.

Additionally, the EPS for the quarter amounted to Rs 8.32 per share, indicating a positive impact on shareholders' earnings.

IdeaForge Technology IPO lot size was 22 shares, and the minimum amount required is Rs 14,784. The price band for the issue is fixed at Rs. 638 to Rs. 672 per share.

On Friday, shares of the company surged by 6.67 per cent and made an intraday high of Rs 1,650.

The company is an infrastructure co involved in the business of EPC & real estate development business and handling various projects like the construction of bridges, flyovers, highways, airports, building construction, tunnel projects and mining projects. The company has a market cap of 140 crore

Furthermore, the company secured orders for EPC-related work worth Rs 247.10 crore in Q1FY24. Including all the orders, the company’s order book stands at approx. Rs 20,000 crore as of August 10, 2023.