Droneacharya Aerial Innovations Limited
Issue Size (Net)
Up to Rs.33.97 Cr
Price Band
Rs.52 to Rs.54
Issue Opens
13-Dec-22
Issue Closes
15-Dec-22
Company Highlights Financials Highlights Issue Details Prospectus

Company Highlights

1.Company Information

Incorporated in 2017, Droneacharya Aerial Innovations Limited provides high-end ecosystem of Drone solutions for multi-sensor Drone surveys, data processing of Drone data using robust high configuration workstations, Drone pilot training & specialized GIS training.The company's offerings can be classified into four broad categories namely,

1.  Training (DGCA Certified Drone Pilot, Drone Building, Aerial Cinematography & Aerial Making and Drone data processing).

2.  Services (Consultancy services to Govt. & private organizations, reality capture data processing software, anti-drone solution for rogue UAV and UTM air traffic management solution).

3.  Surveillance (land surveying and underwater services).

4.  Others (Partnering up with SPH Engineering from Latvia, Droneacharya is also able to provide integrated drones solutions for Bathymetry, drone hows, Hydrography, industrial and archaeological surveys, along with Environmental Monitoring).

Droneacharya Aerial Innovations Limited Drone is a full-fledged innovative solution, based out in the Cultural and IT hub of Pune, Maharashtra, with offices operating in Pune."

2. Objective of the Issue

The company intends to utilize the Net Fresh Issue Proceeds for the following Objects
General Corporate Expenses.
Purchase of Drone and other accessories.

3. Registrar Details

  Bigshare Services Pvt Ltd
  Phone: +91-44-28460390
  Email: investor@cameoindia.com
  Website: https://online.cameoindia.com

Droneacharya Aerial Innovations Limited Financial Information (Restated)

Amount in Rs. Lakhs
Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Total Borrowing
31-Mar-20
2.51
0
-2.3
0.91
0.82
31-Mar-21
119.13
1
-14.89
104.08
1.27
31-Mar-22
1546.52
358.74
40.65
1447.77
46.25

Issue Summary

Issue Size (Net)
Up to Rs.33.97 Cr
Face Value
Rs.10 per equity share
Bid Lot
2000 equity share & multiple shares
Price Band
Rs.52 to Rs.54 per share
Issue Opening Date
13-Dec-22
Issue Closing Date
15-Dec-22
Listing On
BSE
Registrar
Bigshare Services Pvt Ltd

IPO Tentative Timetable

Opening Date
13-Dec-22
Closing Date
15-Dec-22
Basis of Allotment
20-Dec-22
Initiation of Refunds
21-Dec-22
Credit of Shares to Demat
22-Dec-22
Listing Date
23-Dec-22

Droneacharya Aerial Innovations IPO Lot Size

The Droneacharya Aerial Innovations IPO lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or Rs.108,000).
Application
Lots
Shares
Amount
Retail (Min)
1
2000
Rs.108,000
Retail (Max)
1
2000
Rs.108,000
S-HNI (Min)
2
4000
Rs.216,000

Prospectus

Prospectus File
Download

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