31 Mar 2020
Assets0.03
Total Income0.00
Profit After Tax-0.02
NET Worth0.01
Reserves and Surplus0.00
Total Borrowing0.01
At a glance
Updated 2026-08-23The shares listed at ₹102.00, a 88.89% move from the issue price. Droneacharya Aerial Innovations is a SME IPO with an issue size of ₹33.97 crore, proposed for listing on BSE SME. The offer opens on 13th Dec 2022 and closes on 15th Dec 2022. The issue structure includes a fresh issue of ₹32.26 crore. The current listing schedule points to 23rd Dec 2022.
Issue details
Listing atBSE SME
Issue typeBook Build Issue
Issue size₹33.97 Cr
Fresh issue₹32.26 Cr
Face value₹10
Price band₹52.00–₹54.00
Allotment20th Dec 2022
Listing23rd Dec 2022
Listing performance
Full performance ↗Issue price₹54.00
Listing price₹102.00
Current price—
Listing gain88.89%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹54.00
GMP / upper price100.00%
Est. listing₹108.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens13th Dec 2022
Closes15th Dec 2022
Allotment20th Dec 2022
Refund21st Dec 2022
Demat22nd Dec 2022
Listing23rd Dec 2022
Subscription demand
Full bidding ↗Total243.70×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 2000 | ₹108,000 |
Company
Incorporated2017
Use of proceeds
| Object | Amount |
|---|---|
| Purchase of Drone and other accessories. | ₹27.99 Cr |
| General Corporate Expenses. | ₹5.98 Cr |
Financials
Full financials ↗31 Mar 2021
Assets1.19
Total Income0.01
Profit After Tax-0.15
NET Worth1.04
Reserves and Surplus0.00
Total Borrowing0.01
31 Mar 2022
Assets15.47
Total Income3.59
Profit After Tax0.41
NET Worth14.48
Reserves and Surplus0.00
Total Borrowing0.46
30 Jun 2022
Assets34.03
Total Income3.09
Profit After Tax0.72
NET Worth33.58
Reserves and Surplus0.00
Total Borrowing0.01
Trend chart₹ crore
KPIs
| KPI |
|---|
| RoNW |
Valuation & shareholding
Pre-IPO EPS0.35
Pre-IPO P/E45
Promoter holding pre38.23%
Promoter holding post28.21%
Market cap₹129.54 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Book Running Lead Manager fees, Advisors and commissions (including any underwriting commission, brokerage and selling commission) | ₹2.05 Cr |
| Advertising and marketing expenses | ₹0.05 Cr |
| Fees payable to Registrar to the Issue | ₹0.01 Cr |
| Brokerage and selling commission payable to SCSBs, Registered Brokers, RTAs and CDPs, as applicable | ₹0.01 Cr |
| Processing fees to the SCSBs and to the Sponsor Banks for ASBA Forms procured by Registered Brokers, RTAs or CDPs | ₹0.05 Cr |
| Printing and distribution of issue stationery | ₹0.03 Cr |
| Others | — |
| Listing fees | ₹0.02 Cr |
| BSE Processing | ₹0.01 Cr |
| Book Building software fees | ₹0.04 Cr |
| Other regulatory expenses | — |
| Fees payable to legal counsel | ₹0.05 Cr |
| Miscellaneous | ₹0.50 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Corporate Capital Ventures Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-23.