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IPO Synopsis

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IPO

Droneacharya Aerial Innovations Ltd
  • Registered Office: Cabin No-10 5thFlr Richmond Rd,IndiQube Penta Newno51/OldNo14, Banglore - 560025, Karnataka, India. Phone : 91-44-43846228   Fax:
  • Email : cs@droneacharya.com
  • Website :www.droneacharya.com
Public issue of 62,90,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Droneacharya Aerial Innovations Limited (the "Company" or the "Issuer") for cash at a price of Rs. 54 per equity (the "Issue Price") aggregating to Rs. 33.97 crores ("The Issue") comprising of a fresh issue of 62,90,000 equity shares aggregating to Rs. 33.97 crores (the "Fresh Issue") of which 3,16,000 equity shares aggregating to Rs. 1.71 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 59,74,000 equity shares aggregating to Rs. 32.26 crores (the "Net Issue"). The issue and the net issue will constitute 26.22% and 24.90%% respectively of the post issue paid up equity share capital of the company. The issue price is Rs.54 per equity shares is 5.4 times of face value of the equity shares.
Issue
Opens On Closes On
13-Dec-22 15-Dec-22
Money Payable On
Application Allotment
54.00 0.00
Minimum Application for shares in Nos : 2000 Further Multiples of : 2000
Cr Lead Managers to the Issue
Project Cost (.Cr) 33.97 Corporate Capitalventures Pvt Ltd
Project Financed through Current Offer (.Cr) 33.97  
Post Issue Equity Share Capital (.Cr) 23.99
Issue Price () 54.00
Projects
Purchase or Drone and other accessories
General corporate expenses
Promoted By
Prateek Srivastava
Nikita Srivastava
Listing At
BSE - SME
Registrar to the Issue
No Data Available