Drone Destination SME IPO Details

About the Company

  • Drone Destination and Hubblefly Technologies are authorized Remote Pilot Training Organizations approved by the DGCA.
  • They offer a comprehensive drone ecosystem, including manufacturing, training, services, and rentals.
  • Headquartered in New Delhi, they have a large facility in Manesar, Gurugram.
  • They are the first in India to train 1,000 drone pilots, collaborating with leading training organizations.
  • Drone Destination operates nine Drone Hubs and plans to establish over 150 more in the next three years.
  • Services include drone rentals, enterprise solutions, repairs, and specialized training.
  • They have deployed drones for the “Prime Minister Svamitva Yojana” initiative and are mapping thousands of villages.
  • Other projects include asset inspection, mining resource monitoring, precision agriculture, and disaster management.
  • Their goals include creating employment, economic development, and contributing to the “Make in India” initiative.

Drone Destination SME IPO Dates

Latest and updated information about Drone Destination SME IPO. Dates are updated as they are announced.

SME IPO ActivityDate
SME IPO Open Date07-07-2023
SME IPO Close Date13-07-2023
Basis of Allotment
Finalisation Date*
Refunds Initiation*19-07-2023
Credit of Shares
to Demat Account*
SME IPO Listing Date*21-07-2023
* – Tentative Dates

Drone Destination Day-wise IPO GMP Trend

GMP DateGMPS2SEstimated Listing PriceLast Updated Time
15-07-2023₹39₹104 (60.00%)15-Jul-2023 09:30:00 PM
14-07-2023₹38₹103 (58.46%)14-Jul-2023 08:30:00 PM
13-07-2023₹42₹107 (64.62%)13-Jul-2023 10:00:00 PM
12-07-2023₹50₹115 (76.92%)12-Jul-2023 08:30:00 PM
11-07-2023₹52₹117 (80.00%)11-Jul-2023 07:50:00 PM
10-07-2023₹46₹111 (70.77%)10-Jul-2023 11:20:00 PM
09-07-2023₹5668000₹121 (86.15%)9-Jul-2023 02:31:00 PM
08-07-2023₹55  68000₹120 (84.62%)8-Jul-2023 03:50:00 PM
07-07-2023₹52 68000₹117 (80.00%)7-Jul-2023 10:20:25 AM
06-07-2023₹45  68000₹110 (69.23%)6-Jul-2023 10:40:42 PM
05-07-2023₹44  68000₹109 (67.69%)5-Jul-2023 04:25:54 PM
04-07-2023₹40₹105 (61.54%)

Drone Destination SME IPO Live Subscription (NSE + BSE)

Number of share offered12,62,0009,45,00022,05,00044,12,000

Drone Destination SME IPO Details

SME IPO Issue Price:₹62-65 Per Share
DRHP:Download DRHP
RHP:Download RHP
Anchor List:Download Anchor List
IPO Listing At:NSE SME
Retail Quota:Not less than 35% of the Net Issue
SME IPO Issue Type:Book Build Issue
SME IPO Issue Size:0.68 Cr Shares (Rs 44.20 Cr)
Fresh Issue:0.68 Cr Shares
Face Value:₹10 Per Equity Share
SME IPO Discount:TBD
Promoter Holding Pre IPO:85.14%
Promoter Holding Post IPO:62.31%

Drone Destination SME IPO Lot Size

SME IPO ActivityDate
Issue Price₹62-65
Market Lot:2000 Shares
1 Lot Amount:₹130000
Min Small HNI Lots(2-10 Lakh):4000 shares (2 lots)
Min Big HNI Lots(10+ Lakh):16000 shares (8 lots

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