Ideaforge Technology Ltd
NSE: IDEAFORGE BSE: 543932
₹646.55
-33.25 (4.89%)
Wed, 28 Oct 2026, 09:57 pm
Market Cap (in Cr)3216.45
PE Ratio897.86
Dividend0
Electronic Technology
Aerospace & Defense
24.5KIdeaforge Technology Ltd Company History
2007
- The company was incorporated as ideaForge Technology Private Limited
- Incubation at Society for Innovation and Entrepreneurship, Bombay
2009
- First angel investment by Sujata Vemuri
- Demonstrated NETRA, exhibiting the product launch of India’s first quadcopter drone at DefExpo
- Early prototype of the VTOL UAV was featured in a popular Bollywood movie
- Developed one of the world’s smallest and lightest autopilots
2010
- Sale of the first drone to a state police department
- Developed NETRA UAV in partnership with a Government of India entity
2014
- Received Rs. 388.10 million capital contract from Government of India entities
2015
- Angel Investment by Centre for Innovation, Incubation and Entrepreneurship, Indian Institute of Management, Ahmedabad
2016
- Developed the first hybrid VTOL drone with fixed wings in India, known as the SWITCH UAV
2017
- First round of institutional investment was made
2019
- First company to participate in the demonstration of 5G enabled UAVs at Indian Mobile Congress
2020
- Bagged contract for SWITCH 1.0 UAVs for approximately US$ 18.27M
2022
- The company changed its name to ideaForge Technology Limited
- The company was converted into a public limited company
- Won the largest mini-VTOL UAV contract against global competitors
- Second round of institutional investment was made
- Incorporated a Subsidiary in USA, ideaForge Technology Inc.
2023
- Launched Netra V4 Pro in USA
- The company received a fresh certificate of incorporation
