247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Drone Destination Limited IPO (Drone Destination IPO) Details

Drone Destination Limited is an Drone based company, located in New Delhi, Drone Destination Limited IPO size was 44.20 Cr. and was issued at 65.00 per share. The share of Drone Destination Limited were listed at 102.10 per share and are currently trading at 179.25 per share.

Type :
Sub Sector :
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
12.08 Cr.

PAT :
2.44 Cr.

Pricing Report

Issue Price :
65.00

Listing Price :
102.10

Current Market Price :
179.25

Issue Price vs CMP :
114.25 (175.77%)

listing Price vs CMP :
77.15 (75.56%)

Performance Report (CAGR* wise)

CAGR : 96.05
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Drone Destination

Company Information
Drone Destination was originally incorporated as a private limited company under the Companies Act, 2013 in the name and style of
Object of Issue
  • To meet the expenses for the purchase of new drones
  • To meet the expenses for the purchase of the vehicle
  • To meet the Capital Expenditure Requirement
  • To meet the Working Capital requirements
  • To meet the General Corporate Purposes
  • To meet out the Issue Expenses

Drone Destination SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Jul, 2023
IPO Size :
44.20 Cr.
Market Cap :
157.95 Cr.   
IPO Subscription :
191.65 X     
PE Multiple :
64.35
IPO Registrar:
Maashitla Securities Private Limited

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FAQs

Drone Destination operates in Drone and . The Issue is listed on NSE EMERGE in Jul, 2023. Drone Destination IPO size was 44.20 Cr. with Issue price of 65.00 .

Drone Destination IPO subscription was 191.65 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Drone Destination IPO listed at a listing price of 102.10 against the offer price of 65.00.

The current market price of Drone Destination is 179.25.

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