Droneacharya Aerial Innovations IPO Details


Our Company was originally incorporated on March 10, 2017 as a Private Limited Company as “Droneacharya Aerial Innovations Private Limited” vide Registration No. 101287 under the provisions of the Companies Act, 2013 with the Registrar of Companies, Bangalore, Karnataka. Subsequently, pursuant to a special resolution passed by the Shareholders at their Extraordinary General Meeting held on August 6, 2022, our Company was converted from a Private Limited Company to Public Limited Company and consequently, the name of our Company was changed to ‘Droneacharya Aerial Innovations Limited’ and a Fresh Certificate of Incorporation consequent to Conversion was issued on August 23, 2022 by the Registrar of Companies, Bangalore, Karnataka. The Corporate Identification Number of our Company is U29308KA2017PLC101287..



    Droneacharya Aerial Innovations IPO Date, Price & Offer Details

    Droneacharya Aerial Innovations IPO will be open on 13-12-2022 and will close on 15-12-2022. The following table provides all the information related to Droneacharya Aerial Innovations IPO including the date, price and offer details of Droneacharya Aerial Innovations IPO

    Droneacharya Aerial Innovations IPO Date, Price & Offer Details
    Issue Open 13-12-2022
    Issue Close 15-12-2022
    Allotment Date 20-12-2022
    Unblocked Amount 21-12-2022
    Credit Demat Amount 22-12-2022
    Listing Date 23-12-2022
    Issue Size
    62,90,000 Total Equity Share
    Issue Size ₹ 33.97 Cr
    IPO Price Band ₹ 52 - ₹ 54 Per Equity Share
    Minimum Share Bid 2000
    Minimum Investment Amount [₹]  ₹ 1,08,000
    Face Value ₹ 10 Per Equity Share
    Qualified Institutional Buyer [QIB] 50 %
    High Networth Individual [HNI] 15 %
    Retail Individual Investor [RII] 35 %
    Listing On BSE SME

    Droneacharya Aerial Innovations Company Financial Report (₹ in Cr)

    As per we are checking Droneacharya Aerial Innovations company financials report and we are displaying report data as shown in below table.

    Droneacharya Aerial Innovations Company Financial Details (₹ in Cr)
    Financial Year Total Asset Total Revenue Total Expenses Profit After Tax
    FY-2020 0.025 0.000 0.023 -0.023
    FY-2021 1.19 0.01 0.15 -0.14
    FY-2022 15.46 3.58 3.03 0.40
    30-06-2022 34.02 3.08 2.11 0.72
    Read More :- Droneacharya Aerial Innovations IPO GMP

    Droneacharya Aerial Innovations Company Valuation Details

    As per we check Droneacharya Aerial Innovations company financials report and we display company valuation report data as shown in below table

    Droneacharya Aerial Innovations Company Valuation Details
    Earnings Per Share [EPS] ₹ 0.35
    Price/Earnings [P/E] Ratio 148.57
    Return on Net Worth [RoNW] 2.80 %
    Net Asset Value [NAV] ₹ 12.39 Per Share

    Droneacharya Aerial Innovations IPO Rating

    As per Droneacharya Aerial Innovations company financials report, Droneacharya Aerial Innovations company RoNW is 2.80 % and NAV is around 12.39 as per FY21 earning. As per we check Droneacharya Aerial Innovations company financials report then after LiveIPO team are recommended for "Neutral" rating for Droneacharya Aerial Innovations.

    Droneacharya Aerial Innovations IPO Rating
    LiveIPO Neutral
    Hem Security -
    Read More :- Droneacharya Aerial Innovations IPO Allotment Status

    Droneacharya Aerial Innovations IPO Share Lot Size

    The share price of Droneacharya Aerial Innovations IPO is ₹52 - ₹54. So in Droneacharya Aerial Innovations IPO Minimum share lot is 1 lot with a 2000 share with an application amount of ₹1,08,000. And in retail category you can apply for a Maximum share lot is 1 lot with a 2000 share with an application amount of ₹1,08,000.

    Droneacharya Aerial Innovations IPO Share Lot Size
    Apllication Lot Size Shares Total Amount
    Retail Mini 1 2000 1,08,000
    Retail Max 1 2000 1,08,000
    Small HNI 2 4000 2,16,000
    Read More :- Investment Call

    Droneacharya Aerial Innovations IPO Share Offer

    A total number of 62,90,000 shares have been offered in this public issue of Droneacharya Aerial Innovations IPO, out of this total share - shares have been allotted for Fresh Issue and another - shares are to be offered for (OFS) offer for sale.

    Droneacharya Aerial Innovations IPO Share Offer
    Category Share Offer Amount
    Fresh Issue: 62,90,000 33.97 Cr
    Offer For Sale: - -
    Total: 62,90,000 33.97 Cr
    Read More :- Upcoming IPO List

    Droneacharya Aerial Innovations IPO Related Link
    Droneacharya Aerial Innovations IPO GMP
    Droneacharya Aerial Innovations IPO Subscription
    Droneacharya Aerial Innovations IPO Allotment Status

    Droneacharya Aerial Innovations IPO Subscription Details

    Droneacharya Aerial Innovations Company has been issued total - shares through this IPO, a total - shares have been reserved for market movers for subscriptions as per the prospect report, and a total of - shares have been offered in QIB category and a total of - shares have been offered in RII.

    Droneacharya Aerial Innovations IPO Subscription Details
    As on Date QIB QIB RII Total
    Shared Offered 11,94,000 12,14,000 20,92,000 45,00,000
    Day-1
    [13-12-2022]
    12,34,000
    [1.03]
    1,54,88,000
    [12.76]
    7,92,76,000
    [37.89]
    9,59,98,000
    [21.33]
    Day-2
    [14-12-2022]
    30,76,000
    [2.58]
    6,76,80,000
    [55.75]
    30,85,60,000
    [147.5]
    37,93,16,000
    [84.29]
    Day-3
    [15-12-2022]
    5,51,78,000
    [46.21]
    34,93,88,000
    [287.80]
    69,20,68,000
    [330.82]
    1,09,66,34,000
    [243.7]

    Droneacharya Aerial Innovations IPO Listing Details

    Droneacharya Aerial Innovations IPO has been listed on 20-12-2022. On the below table we are providing all the listing details with target price and stop loss.

    Droneacharya Aerial Innovations IPO Listing Details
    Listing Date 20-12-2022
    BSE Code -
    NSE Code -
    ISIN Code -
    IPO Price 52 - 54
    Lot Size 2000
    Expected Listing Price ₹ - ₹ -
    Book Profit ₹ -
    Stop Loss ₹ -
    Listing Group -
    - -

    Droneacharya Aerial Innovations IPO GMP, Grey Market Premium

    In the below table we are providing the latest rate of Droneacharya Aerial Innovations IPO GMP, Kostak Rate, Subject to Sauda, Listing Gain and Rating of this Droneacharya Aerial Innovations IPO.

    Droneacharya Aerial Innovations IPO Grey Market Premium
    Droneacharya Aerial Innovations IPO Grey Market Premium

    Droneacharya Aerial Innovations IPO Allotment Status

    Droneacharya Aerial Innovations IPO Allotment will be available on below link so click on below link and check your Droneacharya Aerial Innovations IPO Allotment Status.

    Droneacharya Aerial Innovations IPO Allotment Status
    Droneacharya Aerial Innovations IPO Allotment Status
      Droneacharya Aerial Innovations IPO Live Subscription
    Droneacharya Aerial Innovations IPO Subscription in BSE
    Droneacharya Aerial Innovations IPO Prospectus
    Droneacharya Aerial Innovations IPO DRHP
    Droneacharya Aerial Innovations IPO RHP

    Droneacharya Aerial Innovations Company Contact Details

    Droneacharya Aerial Innovations Limited
    Cabin No. - 10, 5th Floor,
    IndiQube Penta,
    New No. 51, (Old No.14) Richmond Road,
    Bangalore – 560025,
    Karnataka, India.
    Tel: + 91 44 43846228;

    Droneacharya Aerial Innovations IPO Registrar

    BIGSHARE SERVICES PRIVATE LIMITED
    Office No. S6- 2, 6th Floor, Pinnacle Business Park,
    Next to Ahura Centre, Mahakali Caves Road,
    Andheri (East), Mumbai – 400093, India.
    Tel No.: +91 – 22 – 6263 8200;
    Fax No.: +91 – 22 – 6263 8299
    SEBI Registration No.: INR000001385
    Contact Person: Mr. Aniket Chindarkar.

    Droneacharya Aerial Innovations IPO Lead Managers

    CORPORATE CAPITALVENTURES PRIVATE LIMITED
    B1/E13, First Floor, Mohan Co-operative Industrial Estate,
    Mathura Road, New Delhi – 110044,
    Tel: +91 11 - 41824066;
    Fax: +91 11 - 41824066
    SEBI Registration: INM000012276
    Contact Person: Mr. Kulbhushan Parashar.

    Droneacharya Aerial Innovations IPO FAQs

    What is the Droneacharya Aerial Innovations IPO?
    Droneacharya Aerial Innovations IPO is the Main Board IPO of 62,90,000 equity shares of the face value of ₹10 aggregating up to ₹33.97 Crores. The issue is priced at ₹52 to ₹54 per equity share. The minimum order quantity is 2000 Shares.

    Who is the registrar company of Droneacharya Aerial Innovations IPO?
    Bigshare Services Private Limited is the registrar company of Droneacharya Aerial Innovations IPO.

    When is the Droneacharya Aerial Innovations IPO Opening date?
    The Droneacharya Aerial Innovations IPO Opening on 13-12-2022

    When is the Droneacharya Aerial Innovations IPO Closing date?
    The Droneacharya Aerial Innovations IPO Closing on 14-12-2022

    When is the Droneacharya Aerial Innovations IPO allotment date?
    The Droneacharya Aerial Innovations IPO Allotment will be done on 20-12-2022

    Droneacharya Aerial Innovations IPO Allotment Status

    On what date will the Droneacharya Aerial Innovations IPO amount be refunded?
    Droneacharya Aerial Innovations IPO will refund the amount on 21-12-2022

    On which date Droneacharya Aerial Innovations IPO Shares will be credited to the demat account?
    The Droneacharya Aerial Innovations IPO Shares will be credited to your demat account on 22-12-2022.

    When is the Droneacharya Aerial Innovations IPO listing date?
    The Droneacharya Aerial Innovations IPO listing date is on 23-12-2022.

    What is the Droneacharya Aerial Innovations IPO Price Band?
    Droneacharya Aerial Innovations IPO Price Band is ₹- to ₹-  per equity share.

    What is the lot size of the Droneacharya Aerial Innovations IPO?
    Droneacharya Aerial Innovations IPO the minimum bid is - Shares with ₹- amount and maximum bid is - shares with ₹-.

    What is the expected Droneacharya Aerial Innovations IPO Listing Price?
    As Per Grey Market Premium (GMP) and Market view we are expected to listing Droneacharya Aerial Innovations IPO is around ₹ - to ₹ -

    What is the Droneacharya Aerial Innovations IPO Expected Returns?
    As per Grey Market Premium (GMP), Droneacharya Aerial Innovations IPO Expected Returns is -% .

    What is the NSE and BSE Code for the Droneacharya Aerial Innovations IPO?
    The Droneacharya Aerial Innovations IPO NSE Code is - and the BSE Code is -.

    What is the stop loss in the Droneacharya Aerial Innovations IPO?
    If the Droneacharya Aerial Innovations IPO goes below - then sell the Droneacharya Aerial Innovations IPO.

    What will i do in Droneacharya Aerial Innovations IPO?
    If the Droneacharya Aerial Innovations IPO listing above - then sell the Droneacharya Aerial Innovations IPO and book profit.

    How to check Droneacharya Aerial Innovations IPO Allotment Status?
    Below we are provide all the step how to check Droneacharya Aerial Innovations IPO allotment online

    • Go to the Droneacharya Aerial Innovations IPO Allotment Status Link
    • Click on Click Here button
    • Select Droneacharya Aerial Innovations IPO
    • Enter your details (PAN Number, Application Number, DP Client ID)
    • Click Search Button
    • After Click on Search button you will be able to see allotment status
    • How to Apply the Droneacharya Aerial Innovations IPO?
    • You can apply for the Droneacharya Aerial Innovations IPO using ASBA online through your internet banking.
    • You can also apply for the Droneacharya Aerial Innovations IPO via your stock brokers’ office by filling up the offline application form and submitting  it to your Bank.

    Disclaimer:-

    • I request all investors, before applying for any IPO, please check the fundamentals and financial condition of the company and then applying to any IPO.
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    • Please do not subscribe to any IPO by just seeing the Grey Market Premium Price. It can change at any time.

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