Dronacharya sme ipo

Droneacharya Aerial Innovations on Tuesday announced that it's initial public offering (IPO) would open for subscription on December 13. The three-day initial share sale would conclude on December 15. The SME (Small and medium enterprises) IPO would offer 62.90 lakh shares (Rs 10 paid up through the book-building process in the price band of Rs 52-54 per share. The company also mentioned that of the total shares offered, 8.98 lakh shares would be reserved for the HNI category, 11.94 lakh shares for the QIB quota, and 20.92 lakh shares would be offered to retail investors. Droneacharya AI said the fresh funds raised would be utilised to purchase and manufacture drones, sensors and processing infrastructure. Also Read | "In the pre-IPO funding, marque investors led by Shankar Sharma along with other market experts and Bollywood celebrities have picked a minority stake in the company. Mangina Srinivas Rao (previously associated with ITC e-Chaupal and Bill and Melinda Gates Foundation, India) also took a stake," the company stated in a release. "In addition, a few angel investors, including Jay Vishwanathan, VC Kartik and Samit Bhartia, have also invested in the company," it added. Manish Khanna, Co-Founder of Unlisted Assets, said, "On the valuation front, it looks good from long-term perspective and investors should track their orderbook and execution on quarter on the quarter basis to watch their performance." Grey market premium "The most recent IPO GMP for Droneacharya AI...

The high-end ecosystem of Drone solutions provider, Droneacharya Aerial Innovations is set to launch its initial public offering (IPO) on December 13 in the SME category. That being said, anchor investors will be allowed to bid for the company on Monday. The company plans to raise nearly ₹34 crore through the public offer. In the grey market, the company was trading at a premium of ₹65 per equity share. The issue price is 5.2 times to 5.4 times the face value of ₹10 each at the lower and upper price band. The Of the total size, 50% of the IPO is reserved for qualified institutional buyers (QIB), while 15% is kept for non-institutional investors, and the remaining 35% is set to be allocated to retail individual investors. Corporate Capital Ventures is the booking running lead manager for the IPO, while Bigshare Services is the registrar of the offer. Private banker Yes Bank is the sponsor bank for the issue. On Monday, the IPO's GMP price was at ₹65 per equity share which suggests a possible listing of ₹119 per share ( ₹65 per equity share plus an upper price band of ₹54 per equity share) as of now. A grey market is where a company's shares are offered unofficially to traders. A GMP does give a fair understanding of how a stock will be listed, however, there is no guarantee of the accuracy. Droneacharya is expected to utilise the proceeds of the IPO for the purchase of drones and other accessories. Also, a certain portion of proceeds not exceeding 25% will be kept for gener...

Droneacharya Aerial Innovations, incorporated in the year 2017, is a full-fledged innovative data solution company which provides a complete ecosystem of drone solutions for multi-sensor drone surveys, data processing of Drone and robust high-configuration hardware for drone delivery, drone in a box solution for automated survey and surveillance and drone pilot training, along with GIS data processing, Python coding and industry-specific courses. Don’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp.

Advertisement Incorporated in 2017, Droneacharya Aerial Innovations Limited provides high-end ecosystem of Drone solutions for multi-sensor Drone surveys, data processing of Drone data using robust high configuration workstations, Drone pilot training & specialized GIS trainingg. The company’s offerings can be classified into four broad categories namely, 1. Training (DGCA Certified Drone Pilot, Drone Building, Aerial Cinematography & Aerial Making and Drone data processing). 2. Services (Consultancy services to Govt. & private organizations, reality capture data processing software, anti-drone solution for rogue UAV and UTM air traffic management solution). 3. Surveillance (land surveying and underwater services). 4. Others (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 Limited Drone is a full-fledged innovative solution, based out in the Cultural and IT hub of Pune, Maharashtra, with offices operating in Pune. Droneacharya’s recent pre-seed funding round closed at a whopping USD 4.6 Million, which is the highest for any drone startup across the country. Date GMP Kostak Subject To Sauda 23 December 2022 ₹65 ₹- ₹105000 22 December 2022 ₹65 ₹- ₹105000 21 December 2022 ₹65 ₹- ₹105000 20 December 2022 ₹65 ₹- ₹105000 19 December 2022 ₹65 ₹- ₹105000 18 December 202...

Droneacharya Aerial Innovations IPO Schedule Droneacharya Aerial Innovations IPO opens on Dec 13, 2022, and closes on Dec 15, 2022. Event Date 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 Check Droneacharya Aerial Innovations IPO allotment status online by clicking the button below. If you have difficulties finding the Droneacharya Aerial Innovations Limited IPO allotment status, please visit the website of the IPO registrar. Note: Registrar of the Droneacharya Aerial Innovations IPO is responsible for IPO allotment. Please contact the registrar with any quires related to stock allocation or refund related problems. To understand the allocation of shares for Droneacharya Aerial Innovations Limited IPO, check the 'basis of allotment' document. Below are the steps to check Droneacharya Aerial Innovations IPO allotment status online: • Visit the • Click on the green Droneacharya Aerial Innovations IPO Allotment Status. • Enter either PAN number, Application Number or DP Client ID of the demat account to check the Droneacharya Aerial Innovations IPO allotment status. • Click Search. Note: The disabled button shows that the allotment is not yet available online. The allotment result looks like as below: • PAN No.: AHMLK1898J • Application No.: RL041213805307 • Name: Mr. Rajveer Singh • Shares Applied: 40 • Shares Allotted: 40 If Droneacharya...

Search Review Josh Machine Subscribe for Listing Gain at Cut-off Price Ride the fancy & try your luck. Dec 13, 2022 4:11:11 PM KABS Subscribe for Listing Gain at Upper Price Band good one Dec 12, 2022 10:23:49 AM newgen consultancy Top Contributor (400+ Posts, 100+ Likes) Subscribe for Listing Gain at Upper Price Band Expecting more robust growth in future and this sector may get a budget sanction on 1st February Dec 11, 2022 2:52:44 PM Alpeshkumar Parmar Subscribe for Listing Gain at Upper Price Band Good company with good fundamentals Dec 7, 2022 7:41:39 PM Top Contributor Subscribe for Listing Gain at Upper Price Band May Apply. Dec 6, 2022 10:38:03 PM B.M.SURANA IPO Mentor (900+ Posts, 1000+ Likes) Subscribe for Listing Gain at Upper Price Band Apply Last day After 1 PM HNI - RETAIL Agar 50 Times Jaye toh. 2 Dec 6, 2022 12:37:33 PM SSingh IPO Guru (1100+ Posts, 500+ Likes) Avoid Cooked Financials. Only bollywood names is a plus to attract honest investors. Nothing is there in this IPO. Clear avoid. Dec 5, 2022 6:58:58 AM SME INVESTOR Neutral Promising Sector but financials not supporting Issue size at this stage Issue size - Rs. 33.97 Cr Cash Balance (30/06/2022) - 24.20 crores, (Total Rs. 58.17 crores) where the fund be used and how contribute to Revenue and Profit is concern. The object can be fulfilled from cash surplus on 30/06/2022 itself. Post Issue Promoters holding is only 28.21% is also be concern. Security Premium before IPO at page 45 is Rs. 32.41 Cr and as ...

The high-end ecosystem of Drone solutions provider, Droneacharya Aerial Innovations is set to launch its initial public offering (IPO) on December 13 in the SME category. That being said, anchor investors will be allowed to bid for the company on Monday. The company plans to raise nearly ₹34 crore through the public offer. In the grey market, the company was trading at a premium of ₹65 per equity share. The issue price is 5.2 times to 5.4 times the face value of ₹10 each at the lower and upper price band. The Of the total size, 50% of the IPO is reserved for qualified institutional buyers (QIB), while 15% is kept for non-institutional investors, and the remaining 35% is set to be allocated to retail individual investors. Corporate Capital Ventures is the booking running lead manager for the IPO, while Bigshare Services is the registrar of the offer. Private banker Yes Bank is the sponsor bank for the issue. On Monday, the IPO's GMP price was at ₹65 per equity share which suggests a possible listing of ₹119 per share ( ₹65 per equity share plus an upper price band of ₹54 per equity share) as of now. A grey market is where a company's shares are offered unofficially to traders. A GMP does give a fair understanding of how a stock will be listed, however, there is no guarantee of the accuracy. Droneacharya is expected to utilise the proceeds of the IPO for the purchase of drones and other accessories. Also, a certain portion of proceeds not exceeding 25% will be kept for gener...

Advertisement Incorporated in 2017, Droneacharya Aerial Innovations Limited provides high-end ecosystem of Drone solutions for multi-sensor Drone surveys, data processing of Drone data using robust high configuration workstations, Drone pilot training & specialized GIS trainingg. The company’s offerings can be classified into four broad categories namely, 1. Training (DGCA Certified Drone Pilot, Drone Building, Aerial Cinematography & Aerial Making and Drone data processing). 2. Services (Consultancy services to Govt. & private organizations, reality capture data processing software, anti-drone solution for rogue UAV and UTM air traffic management solution). 3. Surveillance (land surveying and underwater services). 4. Others (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 Limited Drone is a full-fledged innovative solution, based out in the Cultural and IT hub of Pune, Maharashtra, with offices operating in Pune. Droneacharya’s recent pre-seed funding round closed at a whopping USD 4.6 Million, which is the highest for any drone startup across the country. Date GMP Kostak Subject To Sauda 23 December 2022 ₹65 ₹- ₹105000 22 December 2022 ₹65 ₹- ₹105000 21 December 2022 ₹65 ₹- ₹105000 20 December 2022 ₹65 ₹- ₹105000 19 December 2022 ₹65 ₹- ₹105000 18 December 202...

Droneacharya Aerial Innovations, incorporated in the year 2017, is a full-fledged innovative data solution company which provides a complete ecosystem of drone solutions for multi-sensor drone surveys, data processing of Drone and robust high-configuration hardware for drone delivery, drone in a box solution for automated survey and surveillance and drone pilot training, along with GIS data processing, Python coding and industry-specific courses. Don’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp.

Search Review Josh Machine Subscribe for Listing Gain at Cut-off Price Ride the fancy & try your luck. Dec 13, 2022 4:11:11 PM KABS Subscribe for Listing Gain at Upper Price Band good one Dec 12, 2022 10:23:49 AM newgen consultancy Top Contributor (400+ Posts, 100+ Likes) Subscribe for Listing Gain at Upper Price Band Expecting more robust growth in future and this sector may get a budget sanction on 1st February Dec 11, 2022 2:52:44 PM Alpeshkumar Parmar Subscribe for Listing Gain at Upper Price Band Good company with good fundamentals Dec 7, 2022 7:41:39 PM Top Contributor Subscribe for Listing Gain at Upper Price Band May Apply. Dec 6, 2022 10:38:03 PM B.M.SURANA IPO Mentor (900+ Posts, 1000+ Likes) Subscribe for Listing Gain at Upper Price Band Apply Last day After 1 PM HNI - RETAIL Agar 50 Times Jaye toh. 2 Dec 6, 2022 12:37:33 PM SSingh IPO Guru (1100+ Posts, 500+ Likes) Avoid Cooked Financials. Only bollywood names is a plus to attract honest investors. Nothing is there in this IPO. Clear avoid. Dec 5, 2022 6:58:58 AM SME INVESTOR Neutral Promising Sector but financials not supporting Issue size at this stage Issue size - Rs. 33.97 Cr Cash Balance (30/06/2022) - 24.20 crores, (Total Rs. 58.17 crores) where the fund be used and how contribute to Revenue and Profit is concern. The object can be fulfilled from cash surplus on 30/06/2022 itself. Post Issue Promoters holding is only 28.21% is also be concern. Security Premium before IPO at page 45 is Rs. 32.41 Cr and as ...