Drone Destination Limited IPO Allotment Status Online

IPO

Drone Destination Limited IPO

NSE SME

Listed On: Jul 21, 2023 at ₹ 107.45

₹ 130000 /2000 Shares

IPO Details

07 Jul, 2023

Open Date

13 Jul, 2023

Close Date

18 Jul, 2023

Allotment Date

21 Jul, 2023

Listing Date

Issue Price

₹62-65 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Maashitla Securities Private Limited

Allotment Details

The allotment for the initial public offer (IPO) of Drone Destination Limited IPO is likely to be finalized on, Jul 18, 2023 . Investors can check their allotment status on the issue's registrar Not Available website, IPO Ji app/website, as well as on the BSE and NSE websites.

The Drone Destination Limited IPO was open for subscription between Jul 7, 2023 - Jul 13, 2023 at a price band in the range of ₹62-65 per equity share.

The Drone Destination Limited IPO's initial public offering received good responses from investors throughout the three-day bidding. Retail investors' portion was subscribed 250.09 times, while non-institutional investors' quota received 244.48 times subscription. The qualified institutional buyers (QIBs) portion was booked 50.46 times. Overall, the IPO was subscribed 191.77 times.

How to Check Drone Destination Limited IPO Allotment Status Online

You can check your IPO allotment status online on the website of the IPO registrar, IPO Ji App/Website, and BSE and NSE websites. You can check the allotment status of the Drone Destination Limited IPO if you have applied for it.

Steps to Check Drone Destination Limited IPO Allotment Status on IPO Ji App/Website:

  1. Launch the IPO Ji app on your mobile device or visit ipoji.com
  2. Navigate to the IPO Allotment Page directly from the home screen of the App or by clicking here (www.ipoji.com/ipo-allotment-status) .
  3. Create your free account by Providing your PAN and Demat details. (one-time process)
  4. Choose Drone Destination Limited IPO from the list of available IPOs.
  5. Click on the Check Status button.
  6. Your allotment status will be displayed on the screen.

How to Check Drone Destination Limited IPO Allotment on BSE:

  1. Go to BSE's IPO allotment page (https://www.bseindia.com/investors/appli_check.aspx).
  2. Choose Equity under the "Issue Type" dropdown.
  3. Choose Drone Destination Limited IPO from the "Issue Name" dropdown.
  4. Provide your Application Number and PAN ID.
  5. Tick the 'I am not a robot' box.
  6. Click on the "Search" button to view your status.

How to Check Drone Destination Limited IPO Allotment on NSE:

  1. Go to NSE IPO Allotment (https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp).
  2. Select Drone Destination Limited IPO from the dropdown menu.
  3. Enter your application number, PAN, and captcha
  4. Click on "search" to see your allotment status.

On securing the allotment, you will receive the credit of equivalent shares in your Demat account.

FAQs

Ans. The Drone Destination Limited IPO allotment status will be available on Jul 18, 2023 , as per the timeline provided in the red-herring prospectus.

Ans. Below are the steps to check Drone Destination Limited IPO allotment status online:

  • Visit the Drone Destination Limited IPO allotment status page.
  • Click on the purple Drone Destination Limited IPO Allotment Status.
  • Enter either PAN number, Application Number or DP Client ID of the demat account to check the Drone Destination Limited IPO allotment status.
  • Click Search.

The allotment result looks like as below:

  • PAN No.: ABCTY1234D
  • Application No.: 9876543210
  • Name: Rakesh J
  • Shares Applied: 40
  • Shares Allotted: 40

Ans. The expected listing price of Drone Destination Limited IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The Drone Destination Limited IPO grey market premium gives some hint but the actual listing price is difficult to guess.

Ans. Drone Destination Limited IPO allotment status is expected on Jul 18, 2023. Click the button Drone Destination Limited IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.