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Open
7 Jul 2023
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Close
13 Jul 2023
3
Allotment
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Listing
Fri, Jul 21, 2023
Price Band
₹62 to ₹65
Issue Size
68,00,000 shares (agg. up to ₹44 Cr)
Lot Size
2,000 Shares
Listing Date
Fri, Jul 21, 2023
Latest GMP
₹39
Est. Gain
60%
✦ AI Insight
GMP Trend
21-07-2023₹39Est. ₹104+60%
20-07-2023₹39Est. ₹104+60%
19-07-2023₹39Est. ₹104+60%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 131.71x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 23.59 | 2.78 | 0.96 |
| Total Income | 12.08 | 2.57 | 0.39 |
| Profit After Tax | 2.44 | 0.21 | -0.05 |
| NET Worth | 17.57 | 0.23 | 0.02 |
| Reserves and Surplus | 12.57 | 0.12 | -0.09 |
| Total Borrowing | 1.59 | 1.51 | 97.94 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Moxsh Overseas Educon Ltd. | SME | ₹10.42 Cr | ₹153 | 50 | ₹127.85 | -16.44% | ₹90.50 |
| Arihant Academy Ltd. | SME | ₹14.72 Cr | ₹90 | 19.11 | ₹126.10 | +40.11% | ₹500.00 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet out the expenses for purchase of new drones. | 10.47 |
| 2 | To meet out the expenses for purchase of vehicle | 5.50 |
| 3 | To meet out the Capital Expenditure Requirement. | 2.05 |
| 4 | To meet out the Working Capital requirements | 8.50 |
| 5 | To meet out the General Corporate Purposes; | 11.05 |
About Drone Destination IPO
Updated on Aug 5, 2026
Contact Details
Drone Destination Ltd. AddressC-13, Ground FloorPanchsheel EnclaveDelhi, New Delhi, 110017011-41050607cosec@thedronedestination.comVisit Website