Droneacharya Aerial Innovations Limited IPO

Droneacharya Aerial Innovations Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹52–₹54 per share. The stock debuted at ₹102, delivering a listing gain of 88.9%. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,08,000.

Droneacharya Aerial Innovations Limited IPO

BSE SME Listed
₹1,08,000 (2000 Shares)
Minimum Investment
Check Allotment
IPO Dates
Dec 13, 2022 – Dec 15, 2022
Price band
₹52-54 per equity share
Minimum Investment
₹1,08,000
Issue size
6,290,000 shares of ₹10(aggregating up to ₹33.97 Cr)
Lot size
2000
Allotment Date
Dec 20, 2022
Listing
Dec 23, 2022
Listing At
BSE SME

IPO timeline

  1. Dec 13, 2022

    Open Date

    Completed

  2. Dec 15, 2022

    Close Date

    Completed

  3. Dec 20, 2022

    Allotment Date

    Completed

  4. Dec 23, 2022

    Listing Date

    Completed

Droneacharya Aerial Innovations Limited IPO Essentials

Droneacharya Aerial Innovations Limited IPO Details

Droneacharya Aerial Innovations Limited IPO is priced at ₹52-54 per share with a total issue size of 6,290,000 shares of ₹10(aggregating up to ₹33.97 Cr). The IPO has a lot size of 2000 shares and is listed on a BSE SME.

Issue price
₹52-54 per equity share
Lot size
2000 shares
Face value
₹10 Per Equity Share
Issue size
6,290,000 shares of ₹10(aggregating up to ₹33.97 Cr)
Listing at
BSE SME
List price
102.0
Listing date
Registrar
Bigshare Services Pvt Ltd
Lead manager
Corporate CapitalVentures Pvt Ltd

Droneacharya Aerial Innovations Limited IPO Details

  • Retail Portion N/A

Droneacharya Aerial Innovations Limited IPO Documents

Droneacharya Aerial Innovations Limited IPO Analytics

Droneacharya Aerial Innovations Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Droneacharya Aerial Innovations Limited IPO Subscription Status

Droneacharya Aerial Innovations Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

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

EPS (Post IPO)
₹0.35/-

Returns

RoNW
2.80%

Data sourced from DRHP / RHP • For educational purposes only

Droneacharya Aerial Innovations Limited Financials( In Lakhs)

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

Droneacharya Aerial Innovations Limited Company & Offer Insights

About Droneacharya Aerial Innovations Limited

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)

Mr. Prateek Srivastava, Mrs. Nikita Srivastava are the company's promoters of Droneacharya Aerial Innovations Limited.

Droneacharya Aerial Innovations Limited IPO Issue Objectives

Purchase of Drone and other accessories.
General Corporate Expenses.

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Droneacharya Aerial Innovations Limited IPO is a book-built IPO worth ₹6,290,000 shares of ₹10(aggregating up to ₹33.97 Cr). The price band is ₹52–₹54 per share. The IPO opens on Dec 13, 2022 and closes on Dec 15, 2022. It will be listed on BSE SME Platform. Bigshare Services Pvt Ltd is the registrar.

The price band of Droneacharya Aerial Innovations Limited IPO is ₹52 to ₹54 per share.

The lot size of Droneacharya Aerial Innovations Limited IPO is 2000 shares.

The minimum investment for Droneacharya Aerial Innovations Limited IPO is approximately ₹1,08,000 based on the upper price band .

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

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

Droneacharya Aerial Innovations Limited IPO is expected to be listed on Dec 23, 2022, on BSE SME Platform.

Droneacharya Aerial Innovations Limited IPO valuation snapshot: P/E N/A, EPS ₹0.35/-, P/B N/A, RoNW 2.80%, and market cap N/A.

To apply for Droneacharya Aerial Innovations Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Droneacharya Aerial Innovations Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Droneacharya Aerial Innovations Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Droneacharya Aerial Innovations Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Droneacharya Aerial Innovations Limited IPO allotment status on IPO Ji for quick and easy access.