Drone Destination IPO Subscription Details

Bookbuilding IPO | ₹44 Cr | Listed at NSE SME | Fri, Jul 7, 2023 - Thu, Jul 13, 2023

Drone Destination IPO Subscription Status Live

Drone Destination IPO IPO subscription status. Full data available on IPOMatrix.com.

Category QIBNIIRetailTotal
Ex. AnchorAnchor InvestorTotal QIB
Allocation (No. of shares)
63,00,000
Allotment price (₹)
65
No. of applications
2,80,560
No. of shares applied
82,97,52,000

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Amount collected (₹ Cr.)
5,393.39 Cr
No. of times subscribed
131.71
No. of shares allotted
63,00,000
Amount allotted (₹ Cr.)
40.95 Cr
No. of allottees
1,534

IPO Shares Offered

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.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker5,00,0003.25 7.35%
QIB 31,48,00020.46 46.29%
    Anchor 18,88,000 12.27 27.76%
    QIB (Ex Anchor) 12,60,000 8.19 18.53%
NII* 9,46,0006.15 13.91%
Retail22,06,00014.34 32.44%
Total68,00,00044.20 100%

Anchor Investor Allocation

A total of 18,88,000 shares at a price of Rs 65 per share will be allotted to the anchor investors.

Bid DateJul 06, 2023
Price₹65.00
% of QIBs59.97%
Shares Locked (30 Days)9,44,000
Shares Locked (90 Days)9,44,000
#AnchorGroup EntityShares AllottedAmt (₹ cr.)% Allocated% 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
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IPO Subscription FAQs

The Drone Destination IPO is subscribed 131.71x.

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CategorySubscription (times)
Total131.71x

Drone Destination IPO total subscription is 131.71x.

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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 131.71x times.

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.

Drone Destination IPO Timetable

IPO opens OnFriday, July 7, 2023
IPO Closes OnThursday, July 13, 2023
Finalisation of Basis of AllotmentTuesday, July 18, 2023
Initiation of RefundsWednesday, July 19, 2023
Credit of Shares to Demat AccountThursday, July 20, 2023
IPO Listing DateFriday, July 21, 2023
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