Droneacharya Aerial Innovations Ltd

Registered Office: Cabin No-10 5thFlr Richmond Rd,IndiQube Penta Newno51/OldNo14, Banglore - 560025, Karnataka, India. Phone : 91-44-43846228   Fax: Email : cs@droneacharya.com Website :www.droneacharya.com

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 Opens On Closes On 13-Dec-22 15-Dec-22 Money Payable On Application Allotment 54.00 0.00 Minimum Application for shares in Nos : 2000 Further Multiples of : 2000 Cr Lead Managers to the Issue Project Cost (.Cr) 33.97 Corporate Capitalventures Pvt Ltd Project Financed through Current Offer (.Cr) 33.97   Post Issue Equity Share Capital (.Cr) 23.99 Issue Price () 54.00

Projects

Purchase or Drone and other accessories General corporate expenses

Promoted By

Prateek Srivastava

Nikita Srivastava

Listing At

BSE - SME

Registrar to the Issue

No Data Available