Drone Destination IPO

Listed

Drone Destination IPO Details

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Name	Price Band (Rs)	Bidding Date
Horizon Reclaim (India)	98 - 103	12-Jun-2026 to 16-Jun-2026
Susan Electricals India	120 - 127	11-Jun-2026 to 15-Jun-2026
Leapfrog Engineering Services	21 - 23	17-Jun-2026 to 19-Jun-2026
Clay Craft India	193 - 203	17-Jun-2026 to 19-Jun-2026

IPO Monitor

The issue size of Drone Destination is ₹44.20 Cr.

Drone Destination falls into Defence & Aerospace industry.

The Drone Destination IPO will be listed on BSE.

The open and close dates for the Drone Destination are 07-Jul-2023 & 13-Jul-2023.

The price band for the Drone Destination ipo is ₹62 to ₹65

The listing date of Drone Destination IPO is 21-Jul-2023.

The purpose of this IPO is to raise fresh capital.

Drone Destination total subscription ratio is 124.4X.

Key financial of the Drone Destination are:

Drone Destination	FY-23	FY-22	FY-21
Revenue (₹ Cr)	12.07	2.56	0.39
EBIT (₹ Cr)	3.46	0.29	-0.06
Proft after Tax (₹ Cr)	2.56	0.21	-0.05
Debt (₹ Cr)	1.59	1.51	0.55
Net Worth (₹ Cr)	17.6	0.23	0.02
RoE (%)	14.56	89.55	-188.49