IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
Drone Destination IPO offer price is ₹ 65.00 and got listed at ₹ 102.10. Read IPO details mentioned above.
Drone Destination IPO listing price is ₹ 102.10, issue price is ₹ 65.00, and currently trading at ₹ 124.80 as on 5 march 2025. Infraprime Logistics IPO performance is show below with lates CAGR.
*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.
*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.
Drone Destination IPO is a Book Building listing on NSE EMERGE exchange. The company is based in New Delhi and caters to Drone sector. Narnolia Financial Services is the merchant banker of Drone Destination IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 20th May 2023.
Drone Destination IPO offer price is ₹ 65.00 and got listed at ₹ 102.10. Read Infraprime Logistics Technologies IPO details mentioned above.Listing Gain
Issue Price vs Listing Price:Market Performance
Issue Price vs CMP:Drone Destination IPO, based in New Delhi, operates in the Drone sector with a focus on DGCA-authorized Remote Pilot Training Organisation. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Drone Destination IPO size is ₹ 44.20 Cr. Crores with fresh issue size of Rs 44.20 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Drone Destination IPO is expected to be 19th July 2023, after the finalization of basis of allotment. Investors can check Drone Destination IPO allotment status on the registrars website, Maashitla Securities Private Limited. Drone Destination IPO refund dates are 20th July 2023.
Drone Destination IPO is expected to be listed on 21st July 2023.
The upper price band for the Drone Destination IPO is set at ₹ 65.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Drone Destination IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Drone Destination IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 13th July 2023. After submission, funds are blocked until the basis of allotment of Drone Destination IPO is finalised.
The merchant banker for Drone Destination IPO is Narnolia Financial Services Limited . Narnolia Financial Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Drone Destination IPO RHP for further details.
The registrar for Drone Destination IPO is Maashitla Securities Private Limited. Investors can go to Maashitla Securities Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Drone Destination IPO through their official website or helpline.
Drone Destination IPO was subscribed 191.65 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Drone Destination IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Drone Destination Financial Review Page
Merchant Banker(s) of Drone Destination IPO: Narnolia Financial Services Limited
Drone Destination IPO subscription was 191.65 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Drone Destination IPO listed at a listing price of 102.10 against the offer price of 65.00.
The current market price of Drone Destination is 124.80.
Why Us?
