Droneacharya Aerial Innovations IPO subscription status started on Tuesday December 13, 2022 and will close on December 15, 2022. Droneacharya Aerial IPO to raise around ₹33.97 crores via IPO. The retail quota is 35%, QIB is 50% and NII is 15%. The price band is fixed at ₹52 to ₹54 per equity share.
The Droneacharya IPO minimum market lot is 2000 shares with ₹108,000. The IPO to list on BSE.
Droneacharya Aerial Innovations Limited provides ecosystem drone solutions to various industries with end-to-end customized solutions. They provide drone surveys, data processing, training, and manufacturing of indigenous customized drones.
IPOWatch View
We recommend investors may apply an IPO with Short-term and Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing. You can check the Droneacharya Aerial Innovations IPO allotment status here.
Droneacharya Aerial Innovations IPO Subscription Status – Final Data
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.41 | 1.03 | 46.21 |
| NII | 17.01 | 75.37 | 287.80 |
| RII | 37.31 | 146.47 | 330.82 |
| Total | 15.83 | 63.14 | 243.70 |
Droneacharya Aerial Innovations 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
Droneacharya Aerial Innovations IPO Review
- May Apply
Droneacharya Aerial Innovations IPO Date & Price Band
| IPO Open: | December 13, 2022 |
| IPO Close: | December 15, 2022 |
| IPO Size: | Approx ₹33.97 Crores, 62,90,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹52 to ₹54 Per Equity Share |
| IPO Listing on: | BSE 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 |
Droneacharya Aerial Innovations IPO Market Lot
| Minimum IPO Lot Size: | Minimum 2000 shares for 1 lot |
| Minimum Amount: | ₹108,000 for 1 lot |
Droneacharya Aerial Innovations IPO Subscription Dates
| IPO Open Date: | December 13, 2022 |
| IPO Close Date: | December 15, 2022 |
| Basis of Allotment: | December 20, 2022 |
| Refunds: | December 21, 2022 |
| Credit to Demat Account: | December 22, 2022 |
| IPO Listing Date: | December 23, 2022 |
Droneacharya Aerial Innovations IPO Form
How to apply for the Droneacharya Aerial Innovations IPO? You can apply for Droneacharya Aerial Innovations IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Droneacharya Aerial Innovations IPO in the Invest section. The other option is you can apply for Droneacharya Aerial Innovations IPO via IPO forms downloaded via BSE. Check out the Droneacharya Aerial Innovations forms – Click BSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
