Bookbuilding IPO | ₹44 Cr | Listed at NSE SME | Fri, Jul 7, 2023 - Thu, Jul 13, 2023
| Category | QIB | NII | Retail | Total | ||
|---|---|---|---|---|---|---|
| Ex. Anchor | Anchor Investor | Total QIB | ||||
| Allocation (No. of shares) | 12,60,000 | 18,88,000 | 31,48,000 | 9,46,000 | 22,06,000 | 63,00,000 |
| Allotment price (Rs.) | 65 | 65 | 65 | 65 | 65 | 65 |
| No.of applications | 32 | 5 | 37 | 12,125 | 2,68,398 | 2,80,560 |
| No.of shares applied | 6,29,58,000 | 18,88,000 | 6,48,46,000 | 22,81,10,000 | 53,67,96,000 | 82,97,52,000 |
| Amount collected (Rs.cr.) | 409.23 | 12.27 | 421.50 | 1,482.72 | 3,489.17 | 5,393.39 |
| No.of times subscribed | 49.97 | 1.00 | 20.60 | 241.13 | 243.33 | 131.71 |
| No.of shares allotted | 12,60,000 | 18,88,000 | 31,48,000 | 9,46,000 | 22,06,000 | 63,00,000 |
| Amount (Rs.cr.) | 8.19 | 12.27 | 20.46 | 6.15 | 14.34 | 40.95 |
| No.of allottees | 32 | 5 | 37 | 394 | 1,103 | 1,534 |
Drone Destination IPO is a public issue of 0.63 Cr equity shares. The issue offers 0.22 Cr shares to retail investors, 0.31 Cr shares to qualified institutional buyers, and 0.09 Cr shares to non-institutional investors.
| Category | Shares Offered | Amt (₹ Cr.) | Size (%) |
|---|---|---|---|
| Market Maker | 5,00,000 | 3.25 | 7.35% |
| QIB | 31,48,000 | 20.46 | 46.29% |
| Anchor | 18,88,000 | 12.27 | 27.76% |
| QIB (Ex Anchor) | 12,60,000 | 8.19 | 18.53% |
| NII* | 9,46,000 | 6.15 | 13.91% |
| Retail | 22,06,000 | 14.34 | 32.44% |
| Total | 68,00,000 | 44.20 | 100% |
A total of 18,88,000 shares at a price of Rs 65 per share will be allotted to the anchor investors.
| Anchor investors bid opening date | Jul 06, 2023 |
| Anchor investor price | ₹65.00 |
| Anchor investors as % of QIBs | 59.97% |
| No. of shares locked-in for 30 days | 9,44,000 |
| No. of shares locked-in for 90 days | 9,44,000 |
📑 Anchor Investor Allotment Letter
📊 Historic report - IPOs Anchor Investors Investment & Performance
| S.No. | Anchor Investor | Group Entity | No. of Shares Allotted | Amount (Rs.cr.) | % Allotment within Anchor Investor Portion | % Allotment of Issue |
|---|---|---|---|---|---|---|
| 1 | RAJASTHAN GLOBAL SECURITIES PVT.LTD. | RAJASTHAN GLOBAL SECURITIES | 6,00,000 | 3.90 | 31.78 | 8.82 |
| 2 | NAV CAPITAL VCC | NAV CAPITAL | 5,00,000 | 3.25 | 26.48 | 7.35 |
| 3 | RESONANCE OPPORTUNITIES FUND | RESONANCE OPPORTUNITIES | 4,76,000 | 3.09 | 25.21 | 7.00 |
| 4 | NEOMILE GROWTH FUND | NEOMILE | 1,56,000 | 1.01 | 8.26 | 2.29 |
| 5 | CHHATTISGARH INVESTMENTS LTD. | CHHATTISGARH INVESTMENTS | 1,56,000 | 1.01 | 8.26 | 2.29 |
| 18,88,000 | 12.27 | 100 | 27.76 |
The Drone Destination IPO is subscribed 191.65 times by Jul 13, 2023 19:29.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutional | 50.46 |
| Non Institutional | 243.85 |
| Retail Individual | 250.09 |
| Total Subscription | 191.65 |
An investor can apply in Drone Destination IPO online via bank (using ASBA) or the broker (using UPI). The Drone Destination IPO shares are offered online only.
The Drone Destination IPO is subscribed 191.65 times by Jul 13, 2023 19:29.
The Drone Destination IPO allotment status is expected on or around Tuesday, July 18, 2023. Visit Drone Destination IPO allotment status to check.
The Drone Destination IPO listing date is July 21, 2023. The equity share of Drone Destination IPO will list on NSE SME.
Visit Drone Destination IPO subscription status page for real-time bidding information about Drone Destination IPO.
| IPO opens On | Friday, July 7, 2023 |
| IPO Closes On | Thursday, July 13, 2023 |
| Finalisation of Basis of Allotment | Tuesday, July 18, 2023 |
| Initiation of Refunds | Wednesday, July 19, 2023 |
| Credit of Shares to Demat Account | Thursday, July 20, 2023 |
| IPO Listing Date | Friday, July 21, 2023 |
| IPO Details |
| IPO Recommendations |
| IPO Live Subscription |
| IPO Live News |
| IPO Allotment Status |
| IPO Basis of Allotment Document |
| IPO FAQs |
