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DADRONACHRYAListed

Droneacharya Aerial Innovations Limited

Bookbuilding IPO · BSE

Price band
₹52 - ₹54
Lot size
2,000 shares
Issue amount
₹33.97 cr
Total subscription
243.7×
Current price₹30.45
Listing price ₹102
Watch live price ↗
Opens
13 Dec 2022
Closes
15 Dec 2022
Allotment
20 Dec 2022
Listing
23 Dec 2022

Offer at a glance

Issue overview

Issue size
62,90,000 shares
Face value
₹10 per share
Minimum investment
₹1,04,000
Fresh issue
₹33.97 cr
Offer for sale
₹0 cr
Registrar
Bigshare Services Private Limited
Listing exchange
BSE
Maximum investment
₹1,08,000
Issue type
Bookbuilding IPO
Shares before issue
1,76,98,600
Shares after issue
2,39,88,600

Lot sizes

CategoryLotsSharesAmount
RETAIL12,000₹1,08,000
HNI24,000₹2,16,000

Share reservation

Market Maker5.02%
QIB47.44%
NII (HNI)14.28%
RETAIL33.26%

Subscription & GMP

Subscription by category

Total subscribed243.7×

Subscription figures are awaiting publication.

GMP history

0265225 Mar: ₹5224 Nov: ₹52
25 Mar₹5224 Nov

Financial performance

Company financials

In Lakhs · Reported periods may include interim results.

Revenue & profitIn Lakhs
-1000100200300400Jun-22 · Revenue: 308.96Jun-22 · Profit after tax: 40.65Jun-22Mar-22 · Revenue: 358.74Mar-22 · Profit after tax: 40.65Mar-22Mar-21 · Revenue: 1Mar-21 · Profit after tax: -14.89Mar-21Mar-20 · Revenue: 0Mar-20 · Profit after tax: -2.3Mar-20
RevenueProfit after tax

Company information

Company profile

Incorporated in 2017, Droneacharya Aerial Innovations Limited offers a comprehensive ecosystem of drone-based solutions, including multi-sensor drone surveys, high-end data processing, DGCA-certified drone pilot training, and specialized GIS training. Its offerings span four key categories—Training (drone pilot training, drone building, aerial cinematography, and data processing), Services (consultancy for government and private clients, reality capture software, anti-drone solutions, and UTM air traffic management), Surveillance (land and underwater surveying), and Other integrated solutions through its partnership with SPH Engineering for bathymetry, drone shows, hydrography, industrial and archaeological surveys, and environmental monitoring. Based in Pune, Maharashtra, the company operates from its offices in the city and recently raised USD 4.6 million in a pre-seed round, the highest for any drone startup in India.

Promoters

Mr. Prateek Srivastava

Mrs. Nikita Srivastava

Registrar & documents

Lead manager

Corporate Capitalventures Private Limited

Registered office

Cabin No. - 10, 5th Floor, IndiQube Penta, New No. 51, (Old No.14) Richmond Road, Bangalore – 560025

+7758810315

[email protected]Company website ↗

Understanding DRONACHRYA IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.