ideaForge Technology Allots 756 Equity Shares Under ESOP Scheme, Increases Paid-Up Capital
ideaForge Technology Limited allotted 756 equity shares under its Employee Stock Option Scheme 2018 on March 12, 2026, at an exercise price of Rs. 10.00 per share. The allotment increased the company's paid-up capital from Rs. 43,27,51,720 to Rs. 43,27,59,280, with total equity shares rising to 4,32,75,928. The newly issued shares rank pari-passu with existing shares and are listed on NSE and BSE exchanges under ISIN INE349Y01013.

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ideaForge Technology Limited has completed the allotment of 756 equity shares under its Employee Stock Option Scheme 2018, as approved by the Executive Committee of the Board on March 12, 2026. The allotment represents the exercise of vested stock options by employees under the company's established ESOP framework.
Share Allotment Details
The company issued 756 equity shares with specific financial parameters that impact its capital structure:
| Parameter | Details |
|---|---|
| Number of Shares Allotted | 756 |
| Face Value per Share | Rs. 10.00 |
| Exercise Price per Share | Rs. 10.00 |
| Issue Date | March 12, 2026 |
| Scheme | ideaForge Employee Stock Option Scheme, 2018 |
The newly allotted shares carry the distinctive numbers from 4,32,75,173 to 4,32,75,928 and will rank pari-passu with existing equity shares in all respects.
Capital Structure Impact
The ESOP allotment has resulted in changes to the company's paid-up capital structure:
| Metric | Before Allotment | After Allotment |
|---|---|---|
| Paid-Up Capital | Rs. 43,27,51,720 | Rs. 43,27,59,280 |
| Total Equity Shares | 4,32,75,172 | 4,32,75,928 |
| Face Value per Share | Rs. 10.00 | Rs. 10.00 |
The increase in paid-up capital reflects the company's ongoing commitment to employee participation through equity ownership.
Regulatory Compliance
ideaForge Technology has fulfilled its disclosure obligations under the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The company filed the required statement under regulation 10(b) on August 03, 2023, with filing numbers NSE/LIST/36806 and DSC/IPO/TL/ESOP-IP/2925/2023-24 dated September 26, 2023.
Exchange Listing
The company's shares are listed on both major Indian stock exchanges:
- National Stock Exchange of India Limited (NSE) - Symbol: IDEAFORGE
- BSE Limited - Scrip Code: 543932
The newly issued shares under the ESOP scheme are issued in demat form under ISIN number INE349Y01013, ensuring seamless trading and settlement.
Company Information
ideaForge Technology Limited operates from its registered office at EL-146, TTC Industrial Area, Electronic Zone, MIDC, Mahape, Navi Mumbai, Maharashtra, 400710. The allotment documentation was signed by Nilesh Ranjan Jaywant, Company Secretary and Compliance Officer (Membership No. A26554), ensuring proper corporate governance procedures were followed.
Historical Stock Returns for Ideaforge Technology
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.60% | -6.05% | +0.61% | -13.96% | +26.59% | -67.09% |


































