Drone Destination (NSE SME)
SMEJul 7, 2023 – Jul 13, 2023
Live Rate
| Open | |
|---|---|
| High | |
| Low | |
| Prev. Close | |
| Lower circuit | |
| Upper circuit | |
| 52w High | |
| 52w Low | |
| P/E Ratio |
Drone Destination (NSE SME) Listing Price
| Exchange | Listing Price | Gain/Loss | % |
|---|---|---|---|
| NSE | ₹107.45 | +₹42.45 | +65.31% |
Drone Destination (NSE SME) Subscription
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 12,60,000 | 6,36,78,000 | 50.54 |
| NIB | 9,46,000 | 23,09,38,000 | 244.12 |
| RETAIL | 22,06,000 | 55,14,56,000 | 249.98 |
| Total | 44,12,000 | 84,60,72,000 | 191.77 |
| Retail Apps | 2,75,728 | © IPO Premium | |
Drone Destination (NSE SME) Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail (10000 to 2 lakh) | 1 | 2000 | 130000 | 0 |
Drone Destination (NSE SME) Reservation
| Category | Shares Offered | % |
|---|---|---|
| QIB | 1260000 | 28.56% |
| HNI | 946000 | 21.44% |
| INDIVIDUAL | 2206000 | 50% |
| Total | 4412000 | 100% |
Drone Destination (NSE SME) About
Incorporated in 2019, Drone Destination Limited is India's leading Drone as a Service and Training Company. The entity is a DGCA-authorized Remote Pilot Training Organisation (RPTO) offering Certified training programs at multiple locations pan-India. The company became the first Drone Training Partner of the National Skill Development Corporation (NSDC) in Oct 2022. They have the largest Training network in India in their segment. Drone Destination Limited offers a variety of services including: 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. They have More than 80 Clients from Private as well as Government Sectors. The company is a Leading SVAMITVA Player engaging in survey and mapping in India and is reputed as the largest in Karnataka and Gujarat.
Drone Destination IPO Details
| Total Issue Size | 6,800,000 shares (aggregating up to ₹44.20 Cr) |
| Fresh Issue | 6,800,000 shares (aggregating up to ₹[.] Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 17,499,998 |
| Share holding post issue | 24,299,998 |
| Market Maker portion | 500,000 shares Nikunj Stock Brokers Share India Securities |
Drone Destination IPO Reservation
| QIB Shares Offered | Not more than 50% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
Company Financials
| Period Ended | 31-Mar-21 | 31-Mar-22 | 31-Mar-23 |
|---|---|---|---|
| Total Assets | 96.34 | 278.30 | 2,359.33 |
| Total Revenue | 39.33 | 257.16 | 1,207.73 |
| Profit After Tax | 4.56 | 20.73 | 244.19 |
| Net Worth | 2.42 | 23.15 | 1,757.34 |
| Reserves and Surplus | -8.58 | 12.15 | 1,257.34 |
| Total Borrowing | 9,794.46 | 151.09 | 159.17 |
Strength
Risk Factors
Drone Destination (NSE SME) Latest Announcements
| Date | Subject | Attachment Text |
|---|
Drone Destination (NSE SME) Financial Results
Drone Destination (NSE SME) Lead Manager(s)
Drone Destination (NSE SME) Address
Drone Destination Limited
C-13, Ground Floor,
Panchsheel Enclave,
Delhi - 110017
Phone: 011-41050607
Email: cosec@thedronedestination.com
Website: http://www.thedronedestination.com/
Drone Destination (NSE SME) Registrar
Maashitla Securities Private Limited
https://maashitla.com/allotment-status/public-issues
Maashitla Securities Private Limited 451, Krishna Apra Business Square Netaji Subhash Place Pitampura, Delhi, 110034