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anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

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IPO Synopsis
Drone Destination Ltd
Registered Office: C-13, Ground Floor, Panchsheel Enclave, Delhi - 110017, Delhi
Phone: 1
Email: 1
Website: 1
Initial public offering of up to 68,00,000 equity shares of Rs. 10/- each ("Equity Shares") of Drone Destination Limited ("DD" or the "Company") for cash at a price of Rs. 65/- per equity share (the "Issue Price"), aggregating to Rs. 44.20 crores ("The Issue"). Out of the issue, 5,00,000 equity shares aggregating to Rs. 3.25 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 63,00,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 65/- per equity share aggregating to Rs. 40.95 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 27.98 % and 25.93 %, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and and the floor 6.5 times of the face value of the equity shares.
Issue Money Payable On
Opens On Closes On Application Allotment
07-Jul-2023 13-Jul-2023 65.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 37.57
Project Financed through Current Offer 44.20
Post Issue Equity Share Capital 24.30
Issue Price 65.00
Projects
Purchase of New Drones
Purchase of Vehicle
Capital Expenditure
Working Capital Requirements
General Corporate Purposes
Promoted By
Chirag Sharma
Shashi Bala
NSE - SME
Registrar to the Issue
Attention Investor
As per CDSL communiqué Kindly update your Email ID, Mobile Number & Income Range in CDSL demat Account on or before 31st May 2021, Non Compliance Account will be INACTIVE after 31st May 2021. | Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors.  | "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." | "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."    Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of Investors.