Drone Destination IPO Subscription Status – IPO Closed

IPOWatch Team
July 13, 2023

IPOWatch Team

Drone Destination IPO subscription status started on Tuesday July 7, 2023 and will close on July 11, 2023. Drone Destination IPO to raise around ₹44.20 crores via IPO. The retail quota is 35%, QIB is 50% and NII is 15%. The price band is fixed at ₹62 to ₹65 per equity share.

The Drone Destination IPO minimum market lot is 2000 with ₹130,000 application amount. The IPO is a Mainline IPO, and it will list on NSE.

Drone Destination Limited is a DGCA-authorized Remote Pilot Training Organisation (RPTO) offering Certified training programs at multiple locations pan-India. 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.

IPOWatch View

We recommend investors may apply for an IPO with Short term and Long term Views Investors should also look at the QIB, NII, and Retail numbers before investing.

Drone Destination IPO Subscription Status – Day 5

Category	Day 5
QIB	50.46
NII	243.85
RII	250.09
Total	191.65

Drone Destination IPO Investor Categories

Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
Retail Individual Investors (RII): Retail Individual Investors or NRIs
Employee (EMP): Eligible Employees
Others: Eligible Shareholders

Drone Destination IPO Review

May Apply

Drone Destination IPO Form

How to apply for the Drone Destination IPO? You can apply for 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 is you can apply for Drone Destination IPO via IPO forms downloaded via NSE. Check out the Drone Destination forms – Click NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Drone Destination IPO Subscription Status FAQs:

When Drone Destination IPO Subscription will start?

The IPO subscription starts on July 7, 2023 for NII, and Retail Investors.

How to subscribe Drone Destination IPO?

You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

How do I check live Drone Destination IPO Subscription Numbers Today?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official websites. One can check the live subscription on official websites on the particular IPO page.

How to Apply the Drone Destination IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Drone Destination”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Drone Destination IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Drone Destination”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Drone Destination IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Drone Destination” Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is the Drone Destination IPO Allotment Date?

Drone Destination IPO allotment date is July 18, 2023.

What is the Drone Destination IPO Listing Date?

Drone Destination IPO listing date is July 21, 2023. The IPO is to list on NSE.

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