Drone Destination

Drone Destination

listed
₹1.24LMin. investment
  1. Bid start
    7 Jul
  2. Bid end
    13 Jul
  3. Allotment
    9 Jul
  4. Release of funds
    19 Jul
  5. Demat transfer
    18 Jul
  6. Listing
    21 Jul

About Drone Destination

Price range₹62.00 – ₹65.00
IPO type
SME
Lot size2000 shares
Issue size₹44.2Cr
RHP/DRHP
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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 :

Company NameDrone Destination Limited Company TypePrivate
IPO TypeSME

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Drone Destination ?

The issue size of the Drone Destination is 44.2 Cr.

What is 'pre-apply' for Drone Destination ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Drone Destination shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.