Droneacharya Aerial Innovations Limited IPO

BSE SME

Listed On: Dec 23, 2022 at ₹ 102.0

₹ 108000 /2000 Shares

Check Allotment

Droneacharya Aerial Innovations Limited IPO Details

13 Dec, 2022

Open Date

15 Dec, 2022

Close Date

20 Dec, 2022

Allotment Date

23 Dec, 2022

Listing Date

Issue Price

₹52-54 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

102.0

Listing Date

2022-12-23

Market Lot

2000 Shares (₹108,000/-)

Lead Manager

Corporate CapitalVentures Pvt Ltd

Issue Size

6,290,000 shares of ₹10(aggregating up to ₹33.97 Cr)

Retail Portion

N/A

Subscription

243.70 times

IPO Docs

DRHP RHP

Droneacharya Aerial Innovations Limited IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	11,94,000 / 1,214,000	20,92,000	4,500,000
Day 1 - 13-12-22 06:00 PM	1.03 / 17.25 x	37.89 x	22.94 x
Day 2 - 14-12-22 06:00 PM	2.58 / 55.75 x	146.47 x	83.82 x
Day 3 - 15-12-22 06:00 PM	46.21 / 287.80 x	330.82 x	243.70 x

Droneacharya Aerial Innovations Limited Valuations

Earnings Per Share (EPS)

₹0.35/-

P/E Ratio

N/A

RoNW

2.80%

Net Asset Value (NAV) - Post Issue

₹12.39/-

Droneacharya Aerial Innovations Limited Company Financials All values are in ₹ Lakh

	30-Jun-22	31-Mar-22	31-Mar-21	31-Mar-20
Assets	3402.62	1546.52	119.13	2.51
Revenue	308.96	358.74	N/A	N/A
Profit After Tax	72.06	40.65	-14.89	-2.3

About The Company

Incorporated in 2017, Droneacharya Aerial Innovations Limited provides 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 g.
The company's 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 drones solutions for Bathymetry, drone hows, Hydrography, industrial and archaeological surveys, along with Environmental Monitoring).
Droneacharya Aerial Innovations Limited 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 - Promoter(s)

Pre Issue Share Holding: 38.23%

Post Issue Share Holding: 28.21%

Company Promoter(s)

Mr. Prateek Srivastava
Mrs. Nikita Srivastava

Droneacharya Aerial Innovations Limited IPO - Issue Objectives

Purchase of Drone and other accessories.
General Corporate Expenses.

Droneacharya Aerial Innovations Limited IPO - FAQs

Ans. Droneacharya Aerial Innovations Limited IPO is a SME IPO. The issue is priced at ₹52-54 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Dec 13, 2022, and closes on Dec 15, 2022. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Droneacharya Aerial Innovations Limited IPO opens on Dec 13, 2022 and closes on Dec 15, 2022.

Ans. The size of Droneacharya Aerial Innovations Limited IPO is 6,290,000 shares of ₹10(aggregating up to ₹33.97 Cr).

Ans. The IPO price band is set between ₹52-54 per equity share.

Ans. To apply for Droneacharya Aerial Innovations Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Droneacharya Aerial Innovations Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Droneacharya Aerial Innovations Limited IPO is Dec 20, 2022.

Ans. The Droneacharya Aerial Innovations Limited IPO will be listed on Dec 23, 2022.

Ans. Follow the steps to check the allotment status for Droneacharya Aerial Innovations Limited IPO here.