Fixed Price IPO | ₹[.] Cr | Listing at NSE SME |
Schnell Drone Technologies Ltd. has withdrawn its Initial Public Offer (IPO) documents filed with the exchange on May 8, 2025.
Schnell Drone Technologies Ltd. IPO was a Fixed Price Issue
The equity shares were proposed to be listed on the NSE SME. Horizon Management Pvt.Ltd. was the book running lead manager and MAS Services Ltd. was the registrar of the issue.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Mon, Sep 30, 2024 |
| Offer document withdrawn | Thu, May 8, 2025 |
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the Net Issue |
| NII Shares Offered | 50% of the Net Issue |
Founded in 2010, Schnell Drone Technologies Limited is an Indian drone technology company specializing in drone-based services and solutions.
The company offers subscription-based access to drone services, allowing businesses to access various applications like mapping, surveillance, and inspections.
The company offers key services including –
The company offers GIS and photogrammetry data processing services, including georeferencing, orthorectified imagery (ori), 3D point cloud, digital elevation model (dem), and digital terrain model (dtm). Recently, we acquired data for 54.00 sq. km. using RYNO UAV under the SVAMITVA Scheme.
The company also provides comprehensive training, maintenance, and support services, ensuring clients get the most value from their investment. Schnell’s client-centric approach and unwavering focus on innovation have earned it a reputation as a trusted partner in the rapidly evolving drone technology landscape.
The company provides services in industrial inspections, renewable energy, mining, infrastructure, agriculture, and security surveillance.
As of July 31, 2024, the Company has 67 employees.
Competitive Strength:
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 12.76 | 4.15 | 2.39 |
| Total Income | 10.80 | 8.83 | 5.53 |
| Profit After Tax | 2.33 | 0.47 | 0.23 |
| NET Worth | 11.40 | 1.09 | 0.62 |
| Reserves and Surplus | 1.62 | 0.34 | 0.61 |
| Total Borrowing | -0.13 | 1.45 | 0.98 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in infrastructure for Drone as a Service (DaaS) and Drone services projects | 15.27 |
| 2 | Import of Hydrogen Fuel Cell powered Logistics D | 7.30 |
| 3 | Purchase of Agriculture Drones | 5.60 |
| 4 | General corporate purposes |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 20.45% |
| ROCE | 28.50% |
| Debt/Equity | -0.01 |
| RoNW | 20.45% |
| PAT Margin | 21.69% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 79.59% |
Lead Manager Reports
Schnell Drone Technologies IPO is a SME IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Schnell Drone Technologies IPO open and close dates are not available as of now.
MAS Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Schnell Drone Technologies IPO using UPI as a payment gateway. Zerodha customers can apply in Schnell Drone Technologies IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Schnell Drone Technologies IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Schnell Drone Technologies IPO dates are not announced. Please check back again after some time.
Schnell Drone Technologies IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Schnell Drone Technologies IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Schnell Drone Technologies IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Schnell Drone Technologies IPO allotment status.
The Schnell Drone Technologies IPO listing date is not yet announced. The tentative date of listing is .
