Droneacharya Aerial Innovations Limited

Company Profile
Company Name Droneacharya Aerial Innovations Limited
Open Date 13-12-2022
Close Date 15-12-2022
Exchange BSE SME
Lot Size 2000 Shares
Issue Price ₹52-54 per share
Issue Size 62,90,000 Equity Shares
Application Amount ₹ 1,08,000
Recommendation Apply
Being Incorporated in 2017, Droneacharya Aerial Innovations Limited is engaged in providing services related to drones. Its offerings can be classified into four broad categories namely, Training, Services, Surveillance and others. They provide 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 training. Company’s vision is to encourage multiple aspects of Drones, Drone-as-a Service (DaaS). Geographic Information System (GIS) is a system that creates, manages, analyses and maps all the types of data.
(Read more on the review)

Summary of Financials (All financials in Lakh)

For the Period Ended Jun-22 Mar-22 Mar-21
Total Assets 3,402.62 1,546.52 119.13
Net Assets 3,357.77 1,447.77 104.08
Total Borrowings 1.02 46.25 1.27
Total Revenue 308.96 358.74 1.00
Profit After Tax 72.06 40.65 (14.89)

Tentative Timeline

Opening Date 13-12-2022
Closing Date 15-12-2022
Basis of Allotment 20-12-2022
Initiation of Refunds 21-12-2022
Credit of Shares to Demat 22-12-2022
Listing Date 23-12-2022

Objects of the Issue

Purchase of Drone and other accessories.
General Corporate Expenses.

Contact Information

Registered Office Droneacharya Aerial Innovations Limited 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/

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200
Email ipo@bigshareonline.com
Website https://ipo.bigshareonline.com/ipo_status.html

IPO Reservation

Anchor Investor Shares Offered 23,28,000 (32.59%)
Market Maker Shares Offered 3,16,000 (4.42%)
QIB Shares Offered 11,94,000 (16.71%)
NII (HNI) Shares Offered 12,14,000 (16.99%)
Retail Shares Offered 20,92,000 (29.28%)
Total Shares Offered 71,44,000 (100%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 38.23%
Share Holding Post Issue (Promoters) 28.21%

Contact Us to Enable Your Success!