NSE - SMEListed
Drone Destination Limited
Company websiteInvestor note: Drone Destination Limited aims to raise ₹68,00,000 crore. The fresh issue of ₹68,00,000 crore goes to the company while the OFS of ₹0 crore is an existing-shareholder sale.
Subscription window: 07-07-2023 to 13-07-2023. Allotment and listing timelines: 18-07-2023 / 21-07-2023. Tip: check promoter holding and recent financials before applying.
Start Date07-07-2023
End Date13-07-2023
Listing Date21-07-2023
Allotment Date18-07-2023
Current Price₹107.45
GMP₹39 (60.00%)
Lot Size2000 Shares
Subscription191.77 Times
Face Value₹10 per share
Listing atNSE
Issue Price₹62 - ₹65
Pre Issue₹1,74,99,998
Post Issue₹2,42,99,998
Issue Size₹68,00,000
(aggregating up to 44.20 Cr)
(aggregating up to 44.20 Cr)
Fresh Issue₹68,00,000
(aggregating up to 44.20 Cr)
(aggregating up to 44.20 Cr)
Offer For Sale-
The Grey Market Premium (GMP) for Drone Destination Limited is currently around ₹39 (60.00%). This indicates an estimated listing price of approximately ₹101 based on the latest market sentiment. Please note that GMP values are unofficial and can change frequently as they depend on demand, market conditions, and investor activity.
Gmp Details
| Last Updated | IPO Price | GMP | Estimated Listing Price |
|---|---|---|---|
10 Nov 2025, 07:55 | ₹65 | ₹39 | ₹104 (60.00%) |
20 Mar 2025, 06:13 | ₹65 | ₹39 | ₹104 (60.00%) |
Financials overview in ₹ Lakhs
Here is a quick look at the recent financial performance of Drone Destination Limited . The numbers below ( in ₹ Lakhs ) show how the company’s revenue and profits have changed over the last few years. This helps investors understand how strongly the business is growing and how stable its financial health is before applying for the IPO.
Key Performance
| KPI | Values |
|---|---|
EPS | 25.80 |
ROE | 13.90 |
ROCE | 18.65 |
RONW | 13.90 |
PRE IPO(PE) | 64.35 |
POST IPO(PE) | 0 |
Subscription Demand (in ₹ Crore)
| Category | Offered | Demand | Times |
|---|---|---|---|
QIBs | ₹8.19 | 413.91 | 50.54 |
RETAIL | ₹14.34 | 3584.46 | 249.96 |
Total | ₹22.53 | 3998.37 | 177.47 |
Application Wise Breakup (Approx. no of Apps)
| Category | Reserved | Applied | Times |
|---|---|---|---|
Total | 0 | 0 | 0.00 |
The IPO reservation for Drone Destination Limited shows how the total issue is divided among different investor categories. This includes allocations for Retail Investors, Qualified Institutional Buyers (QIBs), and Non-Institutional Investors (NIIs). Understanding the reservation structure helps investors know how much of the issue is set aside for their category before applying.
IPO Reservation
| Category | Shares Offers | No. of Shares |
|---|---|---|
QIB | 46.29% | 31,48,000 |
NII (HNI) | 13.91% | 9,46,000 |
RETAIL | 32.44% | 22,06,000 |
Market Maker | 7.35% | 5,00,000 |
TOTAL | 100.00% | 68,00,000 |
Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
Retail (Min) | 1 | 2,000 | ₹1,30,000 | |
HNI | 2 | 4,000 | ₹2,60,000 |
Below you can find the official contact details of Drone Destination Limited along with the registrar handling the IPO process. This information helps investors reach out for queries related to the company or for checking the allotment status and application updates once the IPO process begins.
Company Details
Phone: 011-41050607
Website: http://www.thedronedestination.com/
Address: C-13, Ground Floor, Panchsheel Enclave, Delhi - 110017
IPO Registrar
Name: Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://www.maashitla.com/