Droneacharya Aerial Innovations IPO Details, Price, Analysis

Droneacharya Aerial Innovations IPO

Droneacharya Aerial Innovations Limited IPO (Droneacharya Aerial Innovations IPO)

Note: Droneacharya Aerial Innovations Limited IPO is a BSE SME IPO. They are going to raise ₹33.97 Crores via IPO. The issue is a price range of ₹52 to ₹54 per Equity Share. The IPO is to be listed on BSE SME. 

Droneacharya Aerial Innovations Limited is incorporated in 2017, the company provides a high-end ecosystem of Drone solutions for multi-sensor Drone surveys, data processing of Drone data using robust high-configuration workstations, Drone pilot training & specialized GIS training.

Droneacharya Aerial Innovations’ offerings can be classified into four broad categories namely,

1. Training (DGCA Certified Drone Pilot, Drone Building, Aerial Cinematography & Aerial Making, and Drone data processing).

2. Services (Consultancy services to Govt. & private organizations, reality capture data processing software, anti-drone solution for rogue UAV and UTM air traffic management solution).

3. Surveillance (land surveying and underwater services).

4. Others (Partnering up with SPH Engineering from Latvia, Droneacharya is also able to provide integrated drone solutions for Bathymetry, drone hows, Hydrography, industrial and archaeological surveys, along with Environmental Monitoring).

The company’s Drone is a full-fledged innovative solution, based out in the Cultural and IT hub of Pune, Maharashtra, with offices operating in Pune.

Droneacharya’s recent pre-seed funding round closed at a whopping USD 4.6 Million, which is the highest for any drone startup across the country.

Droneacharya Aerial Innovations Limited IPO Financial Reports

Droneacharya Aerial Innovations Limited Financial Reports
Period

Ended

Total

Assets

Total

Revenue

Profit

After Tax

Net

Worth

Total

Borrowing

31-Mar-20 2.51 0 -2.3 0.91 0.82
31-Mar-21 119.13 1 -14.89 104.08 1.27
31-Mar-22 1546.52 358.74 40.65 1447.77 46.25
30-Jun-22 3402.62 308.96 72.06 3357.77 1.02
Amount in ₹ Lakhs

Droneacharya Aerial Innovations Limited IPO Date & Price Band 

IPO Open: December 13, 2022
IPO Close: December 15, 2022
IPO Size: Approx ₹33.97  Crores
Face Value: ₹10 Per Equity Share
IPO Price Band: ₹52 to ₹54 per Equity Share
IPO Listing on: BSE NSE 
Retail Quota: 35%
QIB Quota: 50%
NII Quota: 15%

Droneacharya Aerial Innovations Limited IPO Market Lot

The Droneacharya Aerial Innovations IPO lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹108,000).

Application Lots Shares Amount
Retail (Min) 1 2000 ₹108,000
Retail (Max) 1 2000 ₹108,000
S-HNI (Min) 2 4,000 ₹216,000

Droneacharya Aerial Innovations Limited IPO Allotment & Listing Dates

The IPO date is December 13 and the IPO close date is December 15, 2022. The IPO allotment date is December 20 and the Droneacharya Aerial Innovations IPO listing is on December 23, 2022.

Event Tentative Date
Opening Date Dec 13, 2022
Closing Date Dec 15, 2022
Basis of Allotment Dec 20, 2022
Initiation of Refunds Dec 21, 2022
Credit of Shares to Demat Dec 22, 2022
Listing Date Dec 23, 2022

 

Droneacharya Aerial Innovations IPO Prospectus

  1. Droneacharya Aerial Innovations IPO DRHP
  2. Droneacharya Aerial Innovations IPO RHP

What is the official website of Droneacharya Aerial Innovations Limited?

Droneacharya Aerial Innovations Limited IPO Official Website is https://droneacharya.com/

What is the registered address of Droneacharya Aerial Innovations Limited?

Droneacharya Aerial Innovations Limited
Cabin No. – 10, 5th Floor,
IndiQube Penta, New No. 51,
(Old No.14) Richmond Road, Bangalore – 560025
Phone: +7758810315
Email: cs@droneacharya.com
Websitehttps://droneacharya.com/

Droneacharya Aerial Innovations IPO Company Promoter

The company promoters are Mr. Prateek Srivastava and Mrs. Nikita Srivastava.

Droneacharya Aerial Innovations Limited Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Websitehttp://www.bigshareonline.com

Droneacharya Aerial Innovations IPO Lead Managers

  1. Corporate CapitalVentures Pvt Ltd

What is Droneacharya Aerial Innovations IPO?

Droneacharya Aerial Innovations IPO is a BSE SME IPO. They are going to raise ₹33.97 Crores via IPO. The issue is a price range of ₹52 to ₹54 per Equity Share. The IPO is to be listed on BSE SME.

When will Droneacharya Aerial Innovations IPO open?

The IPO will open for NII, QIB, and Retail Investors on December 13, 2022.

What is Droneacharya Aerial Innovations IPO Investors Portion?

The investors’ portion for NII is 50%, QIB is 15%, and Retail is 35%.

What is Droneacharya Aerial Innovations IPO Size?

The IPO size is ₹33.97 crores.

What is Droneacharya Aerial Innovations IPO Price Band?

The IPO Price range of ₹52 to ₹54 per equity share.

What is Droneacharya Aerial Innovations IPO Minimum and Maximum Lot Size?

The Droneacharya Aerial Innovations IPO lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹108,000).

Application Lots Shares Amount
Retail (Min) 1 2000 ₹108,000
Retail (Max) 1 2000 ₹108,000
S-HNI (Min) 2 4,000 ₹216,000

What is Droneacharya Aerial Innovations IPO Allotment?

The IPO allotment date is December 20, 2022.

What is Droneacharya Aerial Innovations IPO Listing?

The IPO listing date is December 23, 2022. The IPO to list on BSE SME.

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