MMicroCap Investor IPO Review

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IPO Reviews by MMicroCap Investor

IPO	Review
Drone Destination Limited IPO	Apply A simple comparison with another listed peer i.e Dronacharya Particular Dronacharya Drone Destination P/BV ( TTM) 5.9 2.9 P/E( TTM ) 114 61 Price/Sales 8.8 5.4 ( differentiating factor is 1.6 ) Based on above actual performance stock should list >Rs 106 July 9, 2023 2:36:06 PM

IPO

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Drone Destination Limited IPO

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A simple comparison with another listed peer i.e Dronacharya
Particular Dronacharya Drone Destination
P/BV ( TTM) 5.9 2.9
P/E( TTM ) 114 61
Price/Sales 8.8 5.4 ( differentiating factor is 1.6 )

Based on above actual performance stock should list >Rs 106

July 9, 2023 2:36:06 PM

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