About Drone Destination Limited IPO
Drone Destination Limited is a DGCA authorised drone training institute. Company offers certified training and education programs to fly drones. As per drone rules 2021, an individual must have a valid remote pilot certificate to fly drones legally in India. As a result, the company offers its services in this segment. Besides this, the company also supplies its drones for survey, surveillance and monitoring purposes.
Now, Drone Destination is now coming out with its initial public offer (IPO). The IPO will be a fresh issue. The money raised through the fresh issue will be utilised to meet the expenses of purchasing new drones and vehicles. Also, funds will be utilised for working capital requirements and general corporate purposes.
Here are key details about the Drone Destination Limited IPO: