Drone Destination

Q: How to invest in the Drone Destination ?

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

Q: What is the issue size of Drone Destination ?

The issue size of the Drone Destination is 44.2 Cr.

Q: What is 'pre-apply' for Drone Destination ?

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

Q: 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.

Q: What are the open and close dates of the Drone Destination ?

Drone Destination will be open between 2023-07-07 and 2023-07-13.

Q: What is the allotment date for the Drone Destination ?

Drone Destination allotment date is 2023-07-18. For Drone Destination allotment status check, you can visit the website of the registrar of the IPO.

Q: Who is the registrar of Drone Destination ?

For Drone Destination, the IPO registrar is MAASHITLA SECURITIES PRIVATE LIMITED. You can check Drone Destination allotment status on the website of the registrar.

Q: Where is the Drone Destination getting listed?

The shares are proposed to be listed on the BSE and NSE.

Q: When will Drone Destination shares be credited to your demat account?

The Drone Destination shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.

Q: What is the lot size and minimum order quantity of the Drone Destination ?

The Drone Destination lot size is 2000 and minimum order quantity is 2000.

listed

₹1.24LMin. investment

Drone Destination IPO Details

Issue size

₹44.2Cr

IPO type

SME

Price range

₹62.00 – ₹65.00

Listing date

21 Jul 2023

Lot size

2000 shares

RHP/DRHP

Read

Price range₹62.00 – ₹65.00

IPO type

SME

Lot size2000 shares

Issue size₹44.2Cr

RHP/DRHP

Read

Drone Destination Timeline

Bid start
7 Jul
Bid end
13 Jul
Allotment
9 Jul
Release of funds
19 Jul
Demat transfer
18 Jul
Listing
21 Jul

Bid start
7 Jul 2023
Bid end
13 Jul 2023
Allotment
9 Jul 2023
Release of funds
19 Jul 2023
Demat transfer
18 Jul 2023
Listing
21 Jul 2023

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 Name	Drone Destination Limited		Company Type	Private
IPO Type	SME

Checklist

Risk analysis

Debt to Equity ratio

Promoter holdings

Shares pledged

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Drone Destination Contact Details

Company Name	Drone Destination

Company NameDrone Destination

How to apply for Drone Destination?

Step 1
Log in to your Upstox account to access IPO investments. Next, select the current IPO section.
Step 2
Specify IPO details. Enter the number of lots and the price you wish to apply for.
Step 3
Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
Step 4
Mandate Notification. Your UPI app will receive a mandate notification to block funds.
Step 5
Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Drone Destination

Drone Destination IPO Details

Drone Destination Timeline

About Drone Destination Limited IPO

Here are key details about the Drone Destination Limited IPO :

Checklist

Drone Destination Contact Details

How to apply for Drone Destination?

Drone Destination IPO FAQs

How to invest in the Drone Destination ?

What is the issue size of Drone Destination ?

What is 'pre-apply' for Drone Destination ?

Which exchanges will Drone Destination shares list on?

What are the open and close dates of the Drone Destination ?

What is the allotment date for the Drone Destination ?

Who is the registrar of Drone Destination ?

Where is the Drone Destination getting listed?

When will Drone Destination shares be credited to your demat account?

What is the lot size and minimum order quantity of the Drone Destination ?

What is the price band for the Drone Destination ?