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Droom Technology Limited

Droom Technology Limited

upcoming
TBAMin. investment
  1. Pre-apply
    TBA
  2. Bid start
    TBA
  3. Bid end
    TBA
  4. Allotment
    TBA
  5. Release of funds
    TBA
  6. Demat transfer
    TBA
  7. Listing
    TBA

Droom Technology Limited IPO Details

IPO type
Regular
RHP/DRHP
Read
People are usually afraid of buying used vehicles because it's difficult to gauge their true value as well as wear and tear. This is where Toyota-backed Droom Technology steps in. From inspecting the vehicle and finding its fair value to verifying historical records and scheduling delivery or pickup – one can find all these details on the Droom platform.
It’s an online marketplace that primarily operates in the used car market. As of September 2021, 2.7 lakh used vehicles were listed on its platform. The automobile e-commerce platform leverages technology to source vehicles and sell them online. It also offers technology-led services for vehicle certification, loan, insurance and delivery.
Now this company is planning to zoom ahead by raising funds through the Droom Technology IPO. The Droom Technology ltd IPO will be a combination of an offer for sale and a fresh issue. The money raised through the fresh issue of Droom Technology IPO will be used for funding growth of the business as well as making strategic acquisitions.

Frequently asked questions

How to invest in the Droom Technology Limited ?

Investors can apply for the Droom Technology Limited through their Demat account via the stock exchange or through their broker.

What is 'pre-apply' for Droom Technology Limited ?

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

Which exchanges will Droom Technology Limited 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.

Who is the registrar of Droom Technology Limited ?

For Droom Technology Limited, the IPO registrar is KfinTechnologies Limited. You can check Droom Technology Limited allotment status on the website of the registrar.
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