📅Offer Date: 07 Jul 2023 – 13 Jul 2023
Data sourced from BSE & NSE · Last updated
Drone Destination Limited IPO was subscribed 191.77x in total when bidding closed on 13 Jul 2023, with 0.00x in the QIB category, 0.00x in NII, 250.09x in retail. The issue ran from 07 Jul 2023 to 13 Jul 2023 at a price band of ₹62.00–₹65.00 per share.
Times subscribed by category against the 1× line.
Based on retail subscription (250.09x). Final allotment decided by registrar's computerised lottery.
| Category | Offer | Applied | Times |
|---|---|---|---|
| Retail | 22,05,000 | 55,14,48,450 | 250.09x |
| Total | 44,12,000 | 84,60,89,240 | 191.77x |
| QIB / NII | 12,62,000 | 0 | 0.00x |
| Category | Offered | Demand | Times |
|---|---|---|---|
| Retail | 14.33 | 3584.41 | 250.09x |
| QIB / NII | 8.20 | — | 0.00x |
| Total | 22.54 | 3584.41 | 191.77x |
Values derived from share count × issue price (₹65.00)
Because Drone Destination Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.
NSE SME listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.