Droneacharya Aerial Innovations IPO 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.
Droneacharya Aerial Innovations IPO – Overview
| IPO Dates | 13-15 Dec 2022. |
| IPO Price | INR 54 per share |
| Fresh issue | 6,290,000 shares (INR 33.97 crore) |
| Offer For Sale | Nil |
| Total IPO size | 6,290,000 shares (INR 33.97 crore) |
| Minimum bid (lot size) | 2000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | BSE Emerge |
Droneacharya Aerial Innovations IPO -Tentative Dates
| IPO Offer Opening Date | 13 December 2022 |
| IPO Closing Date | 15 December 2022 |
| Finalisation of Basis of Allotment | 20 December 2022 |
| Initiation of refunds | 21 December 2022 |
| Transfer of shares to demat accounts | 22 December 2022 |
| IPO Listing Date | 23 December 2022 |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Company Overview
Droneacharya Aerial Innovations 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.
Droneacharya’s recent pre-seed funding round closed at a whopping USD 4.6 Million, which is the highest for any drone startup across the country.
Objects of the Issue
- Working Capital requirements of the Company.
- To meet Issue Expenses.
- General Corporate Purpose.
Company Financials
| Particulars | 31-March-22 | 31-June-21 | 31-Mar-20 |
| Total Assets | 1546.52 | 119.13 | 2.51 |
| Total Revenue | 358.74 | 1 | 0 |
| Profit After Tax | 40.65 | -14.89 | -2.3 |
Company Contact Information
Droneacharya Aerial Innovations Limited
Cabin No. – 10, 5th Floor,
IndiQube Penta, New No. 51,
(Old No.14) Richmond Road, Bangalore – 560025
Phone: +7758810315
Email: cs@droneacharya.com
Website: https://droneacharya.com/
Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Lead Manager(s)
- Corporate CapitalVentures Pvt Ltd (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
