Droneacharya Aerial IPO Subscription Details

Bookbuilding IPO | ₹34 Cr | Listed at BSE SME | Tue, Dec 13, 2022 - Thu, Dec 15, 2022

Basis of Allotment - Droneacharya Aerial IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)11,94,00017,90,00029,84,0008,98,00020,92,00059,74,000
Allotment price (Rs.)545454545454
No.of applications2843216,1423,38,7453,54,919
No.of shares applied5,39,72,00023,28,0005,63,00,00033,23,82,00067,74,90,0001,06,61,72,000
Amount collected (Rs.cr.)291.45 12.57 304.02 1,794.86 3,658.45 5,757.33
No.of times subscribed45.201.3018.87370.14323.85178.54
No.of shares allotted11,94,00017,90,00029,84,0008,98,00020,92,00059,74,000
Amount (Rs.cr.)6.45 9.67 16.11 4.85 11.30 32.26
No.of allottees274313961,0461,473

IPO Shares Offered

Droneacharya Aerial IPO is a public issue of 0.60 Cr equity shares. The issue offers 0.21 Cr shares to retail investors, 0.30 Cr shares to qualified institutional buyers, and 0.09 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker3,16,0001.71 5.02%
QIB 29,84,00016.11 47.44%
    Anchor 17,90,000 9.67 28.46%
    QIB (Ex Anchor) 11,94,000 6.45 18.98%
NII 8,98,0004.85 14.28%
Retail20,92,00011.30 33.26%
Total62,90,00033.97 100%

Droneacharya Aerial IPO Anchor Investor Allocation

A total of 23,28,000 shares at a price of Rs 54 per share will be allotted to the anchor investors.

Anchor investors bid opening dateDec 12, 2022
Anchor investor price₹54.00
Anchor investors as % of QIBs59.99%
No. of shares locked-in for 30 days8,95,000
No. of shares locked-in for 90 days8,95,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 AEGIS INVESTMENT FUND AEGIS INVESTMENT FUND 3,72,000 2.01 15.98 5.91
2 MAVEN INDIA FUND MAVEN 7,40,000 4.00 31.79 11.76
3 NAV CAPITAL VCC NAV CAPITAL 6,60,000 3.56 28.35 10.49
4 ZINNIA GLOBAL FUND PCC-CELL ZGF-ZEUS FUND ZINNIA GLOBAL FUND PCC 5,56,000 3.00 23.88 8.84
23,28,00012.5710037.01

IPO Subscription FAQs

The Droneacharya Aerial IPO is subscribed 243.6964 times by Dec 15, 2022 18:59.

Droneacharya Aerial IPO Subscription

Investor Category Subscription (times)
Qualified Institutional46.2127
Non Institutional287.799
Retail Individual330.8164
Total Subscription243.6964

Retail category of Droneacharya Aerial IPO subscribed 330.8164 times as of date Dec 15, 2022 18:59. The public issue closes on Thu, Dec 15, 2022 for bidding.

An investor can apply in Droneacharya Aerial IPO online via bank (using ASBA) or the broker (using UPI). The Droneacharya Aerial IPO shares are offered online only.

The Droneacharya Aerial IPO is subscribed 243.6964 times by Dec 15, 2022 18:59.

The Droneacharya Aerial IPO allotment status is expected on or around Tuesday, December 20, 2022. Visit Droneacharya Aerial IPO allotment status to check.

The Droneacharya Aerial IPO listing date is December 23, 2022. The equity share of Droneacharya Aerial IPO will list on BSE SME.

Visit Droneacharya Aerial IPO subscription status page for real-time bidding information about Droneacharya Aerial IPO.

Droneacharya Aerial IPO Timetable

IPO opens OnTuesday, December 13, 2022
IPO Closes OnThursday, December 15, 2022
Finalisation of Basis of AllotmentTuesday, December 20, 2022
Initiation of RefundsWednesday, December 21, 2022
Credit of Shares to Demat AccountThursday, December 22, 2022
IPO Listing DateFriday, December 23, 2022
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