Ideaforge Technology Limited
679.80
INR
-20.15
(-2.88%)
ISIN
INE349Y01013
Return %
Stock
S&P 500
1Y
42.37
14.20
3Y
-18.40
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Growth Rates
INR
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Ankit Mehta
- Full Time Employees
- 836
- Sector
- Electronic technology
- Industry
- Aerospace & defense
- Address
- EL-146, T.T.C. Industrial Area Mumbai MA India 400 710
- IPO Date
- Jul 7, 2023
- Website
- ideaforge.co.in
- Similar Companies
- Business
- ideaForge Technology Limited manufactures and markets unmanned aerial vehicle (UAV) systems for security, surveillance, mapping, and logistics applications to defense forces, central armed police, state police, forest departments, disaster management agencies, and civil customers in India and internationally. Founded in 2007 and headquartered in Navi Mumbai, Maharashtra, the company offers a comprehensive portfolio of products including vertical take-off and landing (VTOL) UAVs such as NETRA V4PRO, NETRA V4+, NETRA 5, Q4i, Q6, SWITCH, SWITCH V2, ZOLT tactical-class UAV, and YETI long-range logistics UAV; surveillance payloads comprising daylight sensors, thermal sensors, day-and-night integrated sensors, photogrammetry payloads, LiDAR, hyperspectral payloads, multispectral payloads, synthetic aperture radar payloads, megaphones, and delivery payloads; software solutions like BlueFire Touch ground control software, BlueFire Live live streaming and payload control software, autopilot systems, artificial intelligence modules, BlueFire Map Assist geotagging software, Surveillance Pro image intelligence system, and GIS Pro mapping survey system; and ancillary products such as battery systems, communication systems, ground control stations, and packaging systems. The company also provides after-sales services including training, product support, extended warranties, repairs, fleet maintenance, and expert consulting. ideaForge operates manufacturing and R&D hubs in Navi Mumbai, Bengaluru, Delhi, and the USA, holding over 80 patents and ranking third globally in dual-use (civil and defense) drone manufacturing as of December 2024, with customers completing over 750,000 flights. Recent developments include a $35 million multi-year partnership with Skylark Labs announced in September 2025 to integrate AI for real-time detection, tracking, and recognition across its drone fleet in sectors like oil & gas, mining, and disaster management; acquisition of Series A compulsory convertible preference shares in GalaxEye Space Solutions for INR 82.87 million in July 2024 to develop drone-based sensors for fog and foliage penetration; and orders worth approximately INR 100 crore from the Indian Army in November 2025 for new products ZOLT UAV and SWITCH V2.