Droneacharya Aerial Innovations IPO Allotment Status Online

The Droneacharya Aerial Innovations IPO allotment status will be available on Dec 20, 2022, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Droneacharya Aerial Innovations IPO allotment status online:

• Visit the Droneacharya Aerial Innovations IPO allotment status page.
• Click on the green Droneacharya Aerial Innovations IPO Allotment Status.
• Enter either PAN number, Application Number or DP Client ID of the demat account to check the Droneacharya Aerial Innovations IPO allotment status.
• Click Search.

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

• PAN No.: AHMLK1898J
• Application No.: RL041213805307
• Name: Mr. Rajveer Singh
• Shares Applied: 40
• Shares Allotted: 40

The expected listing price of Droneacharya Aerial Innovations IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The Droneacharya Aerial Innovations IPO grey market premium gives some hint but the actual listing price is difficult to guess.

Droneacharya Aerial Innovations IPO allotment status is expected on Dec 20, 2022. Click the green button Droneacharya Aerial Innovations IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Droneacharya Aerial Innovations IPO oversubscribed in the retail category, the Droneacharya Aerial Innovations IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

The Droneacharya Aerial Innovations IPO shares will get listed on Friday, December 23, 2022. The equity share of Droneacharya Aerial Innovations Limited will list on BSE SME.

The reason you didn't get the Droneacharya Aerial Innovations IPO could be:

• IPO become oversubscribed and allotment process is completed through a lottery
• The IPO application got rejected due to mismatch/incomplete information
• The issue price is higher than the bid price. (Always apply on cut-off price).

The Droneacharya Aerial Innovations IPO will open for bidding on Dec 13, 2022. The IPO application closes on Dec 15, 2022.