Drone Destination
DRONE
₹62-65
per share
Bidding Dates
7-13 Jul
Min. Investment
₹1,24,000.00
Lot Size
2000 shares
Issue Size
₹44.2 Cr
IPO Timeline
Bidding starts
07 Jul ‘23
Bidding ends
13 Jul ‘23
Allotment finalisation*
18 Jul ‘23
Refund initiation*
19 Jul ‘23
Demat transfer
20 Jul ‘23
Listing
21 Jul ‘23
* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.
About Drone Destination Limited IPODrone 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:
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IPO analysis
Registrar information
Name
MAASHITLA SECURITIES PRIVATE LIMITED
Phone number
011-45121795
Email ID
ipo@maashitla.com
Red herring prospectus
View documents submitted by company in filing to understand more details about them.
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