IPO Price History
Closed
Drone Destination Limited logo

Drone Destination Limited IPO

SME IPOListedDRONENSE
Current Market Price (CMP)
₹347(+433.85%)
Current Price (CMP)
₹347(+433.85%)

Live Market Quote

Listing Price & Gain
₹107.45(+65.31%)

Day 1 Exchange Open

IPO Issue Price
₹65

Band: ₹62 - ₹65

Total Subscription
124.42x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
07 Jul 2023
IPO Bidding Closes
13 Jul 2023
Allotment & Refunds
Completed
Exchange Listing Day
21 Jul 2023

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 124.42x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)0x
Non-Institutional Investors (NII / HNI)0x
Retail Individual Investors (RII)0x
Total Subscription124.42x
Updated as on 13-Jul-2023 17:42:00

Listing Day & Return Performance

Listing Day Gain+65.31%
₹65 (Issue) → ₹107.45 (List)
Per share profit: +₹42.45
Holding Return (Till Date)+433.85%
₹65 (Issue) → ₹347 (CMP)
Net gain per share: +₹282.00
Post-Listing Performance (Listing Day → Today):+222.94%

About Drone Destination Limited IPO

Drone Destination Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 07 Jul 2023 and concluded on 13 Jul 2023, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹62 - ₹65.

During the bidding window, Drone Destination Limited witnessed heavy demand with an overall subscription of 124.42 times. Institutional investors (QIB) subscribed —, non-institutional high-net-worth investors (NII) subscribed —, and retail individual investors (RII) bid — their reserved quota.

The equity shares of Drone Destination Limited officially debuted on the stock exchanges on 21 Jul 2023 at an opening listing price of ₹107.45, delivering a listing day return of +65.31% (premium) over the final issue price. As per the latest market data, the stock trades at ₹347, representing an overall gain of +433.85% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Drone Destination Limited IPO?
The issue price of Drone Destination Limited IPO was fixed at ₹65 per equity share. The indicative bidding price band was ₹62 - ₹65.
What were the open, close, and listing dates for Drone Destination Limited IPO?
Drone Destination Limited IPO opened on 07 Jul 2023, closed on 13 Jul 2023, listed on 21 Jul 2023.
How much was Drone Destination Limited IPO subscribed?
The IPO received an overall subscription of 124.42 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of Drone Destination Limited IPO?
Drone Destination Limited IPO listed on the stock exchange at ₹107.45, delivering a listing gain of 65.31% compared to the IPO issue price of ₹65.
Is Drone Destination Limited IPO a Mainboard or SME IPO?
Drone Destination Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of Drone Destination Limited IPO since its IPO?
At the latest market quote of ₹347, Drone Destination Limited IPO has generated an all-time return of +433.85% since its initial public offering.

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