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IPO Snapshot    
Droneacharya Aerial Innovations Ltd.
Issue Open Date 13-Dec-22  
Issue Closing Date 15-Dec-22  
Application Money 100  
Allotment Money  
Price Band 52 - 54  
Minimium Application No. 2000  
Issue Size (Shares) 6290000  
Market Lot 1.00  
Objective
1) Purchase of Drone and other accessories.2) General Corporate Expenses.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors   1214000   349388000   287.80  
Qualified Institutional Buyers   1194000   55178000   46.21  
Retail Individual Investors   2092000   692068000   330.82  
Business Description
Droneacharya Aerial Innovations Limited Drone is a full-fledged innovative solution, based out in Cultural and IT hub Pune, Maharashtra, with offices operating in Pune. The company was started off in 2017 by our founder and Chairman & Managing Director Mr. Pra
more...
Promoter's Holding
Total Share Capital   6766800  
Offered to Public   6290000  
Promoter's Holding (Pre-Issue)   38.23  
Promoter's Holding (Post-Issue)   28.21  
Address
01st And 02nd Floor
Galore Tech I T Park
L M D Square
Bavdhan
Pune ,
Maharashtra ,
411021
Phone:
Email: info@droneacharya.com
Website: www.droneacharya.com
Registrar
Bigshare Services Pvt Ltd
Office No S6-2
6th Floor
Pinnacle Business Park
Next to Ahura Centre
Mahakali Caves Road
Andheri (E)
Mumbai
Listed at
BSE
Lead Manager
Corporate Capital Ventures Pvt Ltd.
Promoters
Nikita Srivastava
Prateek Srivastava
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