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Drone Maker ideaForge Files For Rs 300-Crore IPO

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Drone maker ideaForge Technology Ltd. has filed papers with the market regulator to raise funds through an initial public offering to repay debt and raise working capital.The Mumbai-based supplier of equipment to India’s defence forces plans to raise Rs 300 crore by issuing nearly 48.7 lakh new equity shares, according to its draft red herring prospectus filed with the Securities and Exchange 

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