Drone Destination Limited IPO Date, Price, Review and Details
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July 07, 2023 - July 13, 2023
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Drone Destination Limited IPO
Drone Destination Limited IPO was engaged in leading drone as a service and training Company. This Company was incorporated in 2019. The e RPTO (Remote Pilot Training Organization) issues a Remote Pilot Certificate (RPC) through DGCA's Digital Sky Platform for a specific Class and Category of Drone*. According to the Drone Rules of 2021, this certificate remains valid for a maximum duration of 10 years. Drone Destination, in partnership with its sister company Hubblefly Technologies, is a Remote Pilot Training Organization authorized by DGCA. They have created a comprehensive drone ecosystem that encompasses drone manufacturing, certified training, services, and drone rental.
Company Promoters:
• Mr. Chirag Sharma
• Ms. Shashi Bala
Objects of this Issue:
• To meet the expenses for the purchase of new drones.
• To meet the expenses for the purchase of the vehicle.
• To meet the Capital Expenditure Requirement.
• To meet the Working Capital requirements.
• To meet General Corporate Purposes.
• To meet the Issue Expenses.
Financial Information of the Company:
Particular | Amount in Lakhs (Rs.) | ||
As on 31 March 2023 | As on 31 Mar 2022 | As on 31 Mar 2021 | |
Total Assets | 235933.19 | 27829.90 | 9633.93 |
Total Liabilities | 11,355.87 | 10,499.28 | 8,884.95 |
Net Profit | 24,419.00 | 2073.20 | (455.95) |
Drone Destination Limited IPO Schedule
1. Bid or Offer Opens on: 07 July 2023
2. Bid or Offer Closes on: 13 July 2023
3. Finalization of BoA: 18 July 2023
4. Initiation of Refunds: 19 July 2023
5. Credit of shares to Demat account: 20 July 2023
6. Listing Date: 21 July 2023
Drone Destination Limited IPO Lot Size
The market lot size of Drone Destination Limited IPO is 4,000 shares. The minimum and maximum order quantity is as follows:
Application | Lots | Shares | Amount |
Minimum | 1 | 2000 | ₹130,000 |
Maximum | 1 | 2000 | ₹130,000 |
S-HNI(Minimum) | 2 | 4,000 | ₹260,000 |
Company Contact Details:
C-13, Ground Floor, Panchsheel Enclave, Delhi110017, India
Phone: 011-41050607
Email: cosec@thedronedestination.com
Website: http://www.thedronedestination.com/
Drone Destination Limited IPO Registrar Details:
Maashitla Securities Private Limited
451, Krishna Apra Business Square, Netaji Subhash Place, Pitampura, Delhi -
110034, India
Telephone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://www.maashitla.com/
Frequently Asked Question
The meaning of "Drone Destination Limited IPO GMP today" is the Grey Market Premium (GMP) for the initial public offering (IPO) of Drone Destination Limited IPO on the current day.
You will receive accel India limited shares in your Demat account on July 20, 2023, if allotted.
The face value of Drone Destination Limited IPO is ₹10 per share.
Pre-issue shareholding of the Drone Destination Limited IPO promoter is 85.14%.
Drone Destination Limited IPO shares will get listed on July 21, 2023.
Lot size of the Drone Destination Limited IPO is 2000 shares.
Drone Destination Limited IPO share price ₹62 to ₹65 per share.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in SVS Limited IPO using any neatest method at your convenience.
Closing date of Drone Destination Limited IPO is July 13, 2023.
If you do not get the allotment of Drone Destination Limited IPO shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
Drone Destination Limited IPO Shares will get listed at NSE SME.
Opening date of Drone Destination Limited IPO is July 07, 2023.
Post-issue shareholding of the drone destination pvt. Ltd promoter is 62.31%.
Minimum and maximum order quantity is 1 lot only.
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