Drone Destination Limited is a DGCA-authorized Remote Pilot Training Organisation (RPTO) offering Certified training programs at multiple locations pan-India. The company has headquarters in New Delhi and comprises a well-experienced team of Aviation and Drone Experts. The company is also offering many services such as Drone-As-A-Service (DAAS) Training, Education & Recreation Rent a Drone Agriculture Services Drone Destination has key partnerships with IGRUA, IFFCO, IIT Patna, NSDC, Neo-Geo, and Matrix-Geo.
Drone Destination currently has three training bases of our own at Gurugram, Chandigarh, and Phulpur. They have also entered into an agreement with Indira Gandhi Rashtriya Uran Akademi (IGRUA) for providing DGCA-certified Drone Training and are currently present in Gurugram, Bangalore, Gwalior, Kangra, Coimbatore, Madurai, and Bhopal. The company become the first Drone Training Partner of the National Skill Development Corporation (NSDC) and shall offer joint certification on various drone-related application courses through NSDC’s Skill India Portal. Through the association, They are also offering skill loans with the assistance of banking partners to make training affordable and easily accessible for aspiring drone pilots.
Recently, the company has started our drone services for “Prime Minister Svamitva Yojna” in an MOU-led understanding with GIS companies viz. MatrixGeo, NeoGeo, and GeoKno. This program is the Government of India’s initiative towards establishment of clear ownership of property in rural inhabited (Abadi) areas, by mapping land parcels using drone technology and providing a ‘Record of Rights’ to village household owners with the issuance of legal ownership cards (Digital Property cards/Title deeds) to the property owners.
Objects of the Issue:
- To meet the expenses for the purchase of new drones.
- To meet the expenses for the purchase of the vehicle.
- To meet the Capital Expenditure Requirement.
- To meet the Working Capital requirements.
- To meet the General Corporate Purposes.
- To meet out the Issue Expenses.
Drone Destination IPO Review
- May Apply
Drone Destination IPO Date & Price Band Details
|IPO Open:||July 7, 2023|
|IPO Close:||July 13, 2023|
|IPO Size:||Approx ₹44.20 Crores, 6,800,000 Equity Shares|
|Face Value:||₹10 Per Equity Share|
|IPO Price Band:||₹62 to ₹65 Per Equity Share|
|IPO Listing on:||NSE SME|
|Retail Quota:||35% of the net offer|
|QIB Quota:||50% of the net offer|
|NII Quota:||15% of the net offer|
|DRHP Draft Prospectus:||Click Here|
|RHP Draft Prospectus:||Click Here|
|Anchor Investors in IPO:||Click Here|
Drone Destination IPO Market Lot
The Drone Destination IPO minimum market lot is 2000 shares with a ₹130,000 application amount.
Drone Destination IPO Dates
The Drone Destination IPO date is July 7 and the IPO close date is July 13. The IPO allotment date is July 18 and the IPO might list on July 21.
|IPO Open Date:||July 7, 2023|
|IPO Close Date:||July 13, 2023|
|Basis of Allotment:||July 18, 2023|
|Refunds:||July 19, 2023|
|Credit to Demat Account:||July 20, 2023|
|IPO Listing Date:||July 21, 2023|
Drone Destination IPO Form
How to apply Drone Destination IPO? You can apply Drone Destination IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Drone Destination IPO in the Invest section. The other option you can apply Drone Destination IPO via IPO forms download via the NSE website. Check out the Drone Destination forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Drone Destination Company Financial Report
|₹ in Crores|
Drone Destination IPO Valuation – FY2022
Check Drone Destination IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
|Earning Per Share (EPS):||₹25.80 per Equity Share|
|Price/Earning P/E Ratio:||69.27|
|Return on Net Worth (RoNW):||13.90%|
|Net Asset Value (NAV):||₹35.15 per Equity Share|
- Droneacharya Aerial Innovations Limited
- Mr. Chirag Sharma
- Ms. Shashi Bala
Drone Destination IPO Registrar
Maashitla Securities Private Limited
Email: [email protected]
Drone Destination IPO Allotment Status
Check Drone Destination IPO allotment status on Maashitla Securities website URL. Click Here
Drone Destination IPO Lead Managers aka Merchant Bankers
- Narnolia Financial Services Ltd
Drone Destination Limited
C-13, Ground Floor,
Delhi – 110017
Email: [email protected]
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