Droneacharya Aerial Innovations IPO Review
Droneacharya Aerial Innovations IPO Overview
Droneacharya Aerial Innovations Limited, founded in 2017, offers a high-end ecosystem of Drone solutions for multi-sensor Drone surveys, data processing of Drone data on robust high-configuration workstations, Drone pilot training, and specialised GIS training.
The company’s products and services are divided into four broad categories:
- education (DGCA Certified Drone Pilot, Drone Building, Aerial Cinematography & Aerial Making and Drone data processing).
- Provided services (Consultancy services to Govt. & private organizations, reality capture data processing software, anti-drone solution for rogue UAV and UTM air traffic management solution).
- Observation (land surveying and underwater services).
- Other people (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 IPO Details
IPO Date | Dec 13, 2022 to Dec 15, 2022 |
Listing Date | [.] |
Face Value | ₹10 per share |
Price | ₹52 to ₹54 per share |
Lot Size | 2000 Shares |
Issue Size | 6,290,000 shares of ₹10 (aggregating up to ₹33.97 Cr) |
Fresh Issue | 6,290,000 shares of ₹10 (aggregating up to ₹33.97 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE SME |
QIB Shares Offered | Not more than 50% of the Net Offer |
NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
Retail Shares Offered | Not less than 35% of the Net Issue |
Market Maker | R.K.STOCK HOLDING PVT.LTD. |
Company Promoters | Mr. Prateek Srivastava and Mrs. Nikita Srivastava are the company Promoters. |
Droneacharya Aerial Innovations IPO Financial Performance
| FY 2020 | FY 2021 |
Revenue | – | 1.0 |
Expenses | 2.30 | 15.89 |
Net income | (2.30) | (14.89) |
| FY 2022 | Q1 FY 2023 |
Revenue | 358.73 | 308.96 |
Expenses | 303.18 | 211.89 |
Net income | 40.65 | 72.06 |
Droneacharya Aerial Innovations IPO Key Ratios
FY 2020 | FY 2021 | |
EPS | (0.03) | (0.13) |
PE ratio | – | – |
RONW (%) | (252.74) | (14.30) |
NAV | (0.01) | 0.89 |
FY 2022 | Q1 FY 2023 | |
EPS | 0.34 | 0.40 |
PE ratio | 148.57 – 154.29 | – |
RONW (%) | 2.80 | 2.12 |
NAV | 12.39 | 18.97 |
Listing Performance of Droneacharya Aerial Innovations IPO
Listed On : BSE SME
Issue Price : ₹52 to ₹54 per share
Listing Day Close :
Listing Day Gain :
Droneacharya Aerial Innovations IPO ISIN Number Code
NSE : NA
ISIN CODE : INE0MQD01015
BSE : NA
Droneacharya Aerial Innovations IPO Allotment Status
Droneacharya Aerial Innovations IPO Important Dates
Opening Date | Dec 13, 2022 |
Closing Date | Dec 15, 2022 |
Basis of Allotment | Dec 20, 2022 |
Initiation of Refunds | Dec 21, 2022 |
Credit of Shares to Demat | Dec 22, 2022 |
Listing Date | Dec 23, 2022 |
Droneacharya Aerial Innovations IPO Contact Details
Cabin No. – 10, 5th Floor,
IndiQube Penta, New No. 51,
(Old No.14) Richmond Road, Bangalore – 560025
Phone: +7758810315
Email: cs@droneacharya.com
Website: https://droneacharya.com/
Droneacharya Aerial Innovations IPO Registrar Contact Details
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Droneacharya Aerial Innovations IPO FAQ's
The Droneacharya Aerial Innovations IPO is a BSE SME IPO of ₹52 to ₹54 per share with a face value of 10 per equity share.
The issue size is priced at 6,290,000 shares of ₹10 (aggregating up to ₹33.97 Cr).
The fresh issue size priced at 6,290,000 shares of ₹10 (aggregating up to ₹33.97 Cr).
The initial public offering (IPO) begins on Dec 13, 2022 and ends on Dec 15, 2022.
The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and SME.
The Droneacharya Aerial Innovations IPO opens on Dec 13, 2022 and closes on Dec 15, 2022.
Droneacharya Aerial Innovations IPO Market lot size is 2000 Shares and the minimum order quantity is 2000 Shares.
The finalization of Basis of Allotment for Droneacharya Aerial Innovations IPO will be done on Dec 20, 2022. and the allotted shares will be credited to your demat account by Dec 22, 2022. Check the All E Technologies IPO status.
The Droneacharya Aerial Innovations IPO listing date is on Dec 23, 2022.
Droneacharya Aerial Innovations IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
Droneacharya Aerial Innovations IPO Comments
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