Free Account Opening + AMC Free Demat
Loading...
July 7, 2023 - July 13, 2023

Drone Destination IPO FAQ

Drone Destination IPO Date & Price

The Drone Destination IPO opens on July 7, 2023 and closes on July 13, 2023.

Drone Destination IPO timetable / schedule is as below:
  • Bid/Offer Opens On: July 7, 2023
  • Bid/Offer Closes On: July 13, 2023
  • Finalization of Basis of Allotment: July 18, 2023
  • Initiation of refunds: July 19, 2023
  • Credit of Equity Shares: July 20, 2023
  • Listing Date: July 21, 2023

Drone Destination IPO price is set at ₹65 per equity share.

Drone Destination IPO will close for subscription at 5 PM on July 13, 2023. But most brokers stop accepting application between 1 PM to 3 PM.

The Drone Destination IPO starts on July 7, 2023. The issue ends on July 13, 2023.

Drone Destination IPO Issue Size and Subscription Status

The Drone Destination IPO size is 6800000 Equity Shares of ₹10 aggregating up to ₹44.20 Cr.

Drone Destination Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Drone Destination IPO shares through the banks (using ASBA) or through the broker (using UPI).

Drone Destination IPO Offer Size

Qualified Institutional Buyers (QIB)1,262,000 Shares
Non-Institutional Investors (NII)945,000 Shares
Retail Individual Investor (RII)2,205,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size4,412,000 Shares

Drone Destination IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)50.46 times times
Non-Institutional Investors (NII)243.85 times times
Retail Individual Investor (RII)250.09 times times
Employee Reservations times
Other Reservations times
Total Issue Size191.65 times times

Click here to check the Drone Destination IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Drone Destination IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Drone Destination IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Drone Destination IPO Allotment and Listing

The Drone Destination IPO allot status will be available online on July 18, 2023. Check the Drone Destination IPO Allotment Status here.

Click here to check Drone Destination IPO Allotment Status.

Drone Destination IPO listing Date is July 21, 2023. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Drone Destination IPO listing date and time is published by the exchange in a circular.

Click here to view the Drone Destination IPO Basis of Allotment.

It is hard to say at what price Drone Destination IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Drone Destination IPO shares will list on July 21, 2023 at NSE SME.

Drone Destination IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Drone Destination IPO which could help you with questions like Drone Destination IPO buy or not? You should also read Drone Destination IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Drone Destination IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Drone Destination IPO performance. The performance reports are available 1 day after listing.