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

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IPO Synopsis
Droneacharya Aerial Innovations Ltd
Registered Office: Cabin No-10 5thFlr Richmond Rd, IndiQube Penta Newno51/OldNo14, Banglore - 560025, Karnataka
Phone: 1
Email: 1
Website: 1
Public issue of 62,90,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Droneacharya Aerial Innovations Limited (the "Company" or the "Issuer") for cash at a price of Rs. 54 per equity (the "Issue Price") aggregating to Rs. 33.97 crores ("The Issue") comprising of a fresh issue of 62,90,000 equity shares aggregating to Rs. 33.97 crores (the "Fresh Issue") of which 3,16,000 equity shares aggregating to Rs. 1.71 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 59,74,000 equity shares aggregating to Rs. 32.26 crores (the "Net Issue"). The issue and the net issue will constitute 26.22% and 24.90%% respectively of the post issue paid up equity share capital of the company. The issue price is Rs.54 per equity shares is 5.4 times of face value of the equity shares.
Issue Money Payable On
Opens On Closes On Application Allotment
13-Dec-2022 15-Dec-2022 54.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 33.97
Project Financed through Current Offer 33.97
Post Issue Equity Share Capital 23.99
Issue Price 54.00
Projects
Purchase or Drone and other accessories
General corporate expenses
Promoted By
Prateek Srivastava
Nikita Srivastava
BSE - 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.