Drone Destination IPO Details
Drone Destination IPO Details
Open Date
07 July 2023
11 July 2023
2000
₹ 44.20 Cr
Close Date
Lot Size
IPO Size
Listing At
NSE SME
Listing Date
19 July 2023
Price Range
₹ 62 to ₹ 65 per share
Drone Destination IPO Specifications
Drone Destination IPO Specifications
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 multiple locations pan-India. The company became the first Drone Training Partner of the National Skill Development Corporation (NSDC) in Oct 2022. They have the largest Training network in India in their segment.
About - Drone Destination IPO
About - Drone Destination IPO
The IPO comprises a total issue 6,800,000 shares (aggregating up to ₹44.20 Cr)
Drone Destination IPO - IPO Size
Drone Destination IPO - IPO Size
The Company proposes to utilize the funds towards funding the following objects: 1. To meet the expenses for the purchase of new drones. 2. To meet the expenses for the purchase of the vehicle. 3. To meet the Capital Expenditure Requirement. 4. To meet the Working Capital requirements. 5. To meet the General Corporate Purposes. 6. To meet out the Issue Expenses.
Drone Destination IPO - Objective
Drone Destination IPO - Objective
Drone Destination IPO - Lot Size
Drone Destination IPO - Lot Size
The allotment date of Drone Destination IPO is set for 14th July, 2023.
Drone Destination IPO - Allotment Date
Drone Destination IPO - Allotment Date
The book-running lead manager to the offer is Narnolia Financial Services Ltd
Drone Destination IPO - Book Runners
Drone Destination IPO - Book Runners
Drone Destination IPO Details background image
Drone Destination IPO Details background image