Drone Destination Limited

Drone Destination Limited

SMEClosed

₹1,30,000(2,000 Shares)

Minimum Investment

IPO Dates

Jul 7, 2023 – Jul 13, 2023

Price Band

₹62–65 per equity share

Lot Size

2000

Listing

Jul 21, 2023

Listing At

NSE SME

Jul 7, 2023Open DateCompleted
Jul 13, 2023Close DateCompleted
TBAAllotment DateUpcoming
Jul 21, 2023Listing DateCompleted

Drone Destination Limited Live Subscription Details

All IPOs
QIB / NII0.00x
Retail250.09x

Overall Subscription

Total Bids Received

191.77x

Drone Destination Limited IPO Issue Details

Issue Price
₹62-65 Per Equity Share
Face Value
₹10 Per Equity Share
Listing At
NSE SME
Listing Date
Jul 21, 2023

Market Lot Details

CategoryLotsSharesAmount
Retail (Min)12,000₹1,30,000
Retail (Max)12,000₹1,30,000
sHNI (Min)24,000₹2,60,000

Company Information

Drone Destination Limited is India's leading Drone as a Service and Training Company. The entity is a DGCA-authorized Remote Pilot Training Organisation (RPTO) offering Certified training programs at ...

Valuations

RoNW

13.90%

Objectives of the Issue

  1. 1To meet the expenses for the purchase of new drones
  2. 2To meet the expenses for the purchase of the vehicle
  3. 3To meet the Capital Expenditure Requirement
  4. 4To meet the Working Capital requirements
  5. 5To meet the General Corporate Purposes.
  6. 6To meet out the Issue Expenses.

Contact Details

Drone Destination Limited IPO Documents

Frequently Asked Questions — Drone Destination Limited IPO

The Drone Destination Limited IPO price band is set at ₹62.00 to ₹65.00 per equity share.

The lot size for Drone Destination Limited IPO is 2000 shares per lot. The minimum investment amount is approximately ₹1,30,000.

The Drone Destination Limited IPO opens on Jul 7, 2023 and closes on Jul 13, 2023.

Drone Destination Limited IPO is expected to be listed on Jul 21, 2023 on NSE SME.

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