Out of the total proceeds from the issue, the company plans to utilise ₹87 crore for working capital needs and ₹33 crore to develop IT infrastructure. In addition, the company plans to invest ₹21.7 crore to set up customer experience centres, and ₹10.9 crore for computer-aided telephonic interview centres and digital video content production studios.
ideaForge shares jump 7% as firm swings to profit in Q2, revenue soars 124% YoY
ideaForge shares surged over 7% after the company reported a turnaround to a Q2 FY27 net profit of Rs 6.46 crore, while revenue jumped 124%