Company ideaForge Technology Limited

Equities

IDEAFORGE

INE349Y01013

Aerospace & Defense

End-of-day quote NSE India S.E. 18:00:00 2024-05-23 EDT 5-day change 1st Jan Change
700.6 INR +1.13% Intraday chart for ideaForge Technology Limited +0.16% -15.61%

Business Summary

ideaForge Technology Limited is engaged in the Indian unmanned aircraft systems (UAS) market. The Company is engaged in the business of manufacturing and marketing of unmanned aerial vehicle (UAV) systems, which are used for security and surveillance. It also develops and manufactures vertical take-off and landing (VTOL) UAVs. Its product portfolio is targeted at civil and defense applications (dual use). Its products include SWITCH UAV, NETRA V4 UAV, Q4i UAV, NINJA UAV, RYNO UAV, and Q6 UAV. Its rugged UAVs are built to deliver service in defense, security and battlefield management for intelligence, surveillance, and reconnaissance missions. Its security and surveillance applications include anti-terror, border security, coastal security and surveillance, crime control, disaster management, emergency first responder, forest and wildlife, and traffic monitoring. Its mapping and surveying applications include land survey, mining area planning and mapping, and others.

Number of employees: 288

Sales per Business

INR in Million2022Weight2023Weight Delta
Unmanned Aerial Vehicles
86.7 %
1,547 95.2 % 1,613 86.7 % +4.23%
Performance Linked Incentives
9.4 %
- - 174 9.4 % -
Maintenance Services
2.7 %
33 2.0 % 49 2.7 % +50.81%
Spare Items
1.3 %
24 1.4 % 23 1.3 % -0.31%
Others
0.0 %
1 0.0 % 0 0.0 % -33.07%
Duty Drawback
0.0 %
- - 0 0.0 % -

Sales per region

INR in Million2022Weight2023Weight Delta
India
99.0 %
1,626 100.0 % 1,669 99.0 % +2.70%
International
1.0 %
-- 16 1.0 % -

Managers

Managers TitleAgeSince
Founder 40 07-02-07
Founder - 07-02-07
Founder 41 07-02-07
Founder 39 07-02-07
Compliance Officer - 22-12-14
Sales & Marketing - 20-02-02

Members of the board

Members of the board TitleAgeSince
Founder 39 07-02-07
Director/Board Member 55 22-06-23
Director/Board Member 59 22-12-13
Chairman 50 22-12-03
Director/Board Member 48 22-12-13
Founder 41 07-02-07
Founder 40 07-02-07
Director/Board Member 56 22-12-12

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 42,888,322 15,221,489 ( 35.49 %) 0 35.49 %

Shareholders

NameEquities%Valuation
Florintree Enterprise LLP
10.72 %
4,597,970 10.72 % 38 M ₹
3,686,964 8.597 % 30 M ₹
3,583,230 8.355 % 30 M ₹
3,388,870 7.902 % 28 M ₹
Celesta Capital II Mauritius
7.751 %
3,324,234 7.751 % 27 M ₹
1,913,090 4.461 % 16 M ₹
1,647,314 3.841 % 14 M ₹
1,142,882 2.665 % 9 M ₹
1,061,522 2.475 % 9 M ₹
858,348 2.001 % 7 M ₹

Company contact information

ideaForge Technology Ltd.

EL-146 TTC Industrial Area Electronic Zone MIDC

400710, Mumbai

+91 22 6787 1000

http://www.ideaforge.co.in
address ideaForge Technology Limited(IDEAFORGE)
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