Did you know that ideaForge is India’s largest Drone company and Infosys holds more than 4% stake in this company? The IPO price was 672/- (oversubscribed 106 times) while it listed at 1300/-. It is currently trading at 823/-
The global drone market size is expected to reach US$ 30 Billion by the end of 2022, and it is further predicted to experience double-digit growth, with a CAGR of 25% from 2022-2032, to reach valuation of US$ 279 Billion by the end of the aforementioned forecast period.(Source)
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