| 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  10 each ("Equity Shares") of Droneacharya Aerial Innovations Limited (the "Company" or the "Issuer") for cash at a price of 54 per equity (the "Issue Price") aggregating to 33.97 crores ("The Issue") comprising of a fresh issue of 62,90,000 equity shares aggregating to 33.97 crores (the "Fresh Issue") of which 3,16,000 equity shares aggregating to 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 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 54 per equity shares is 5.4 times of face value of the equity shares. |
| Issue |
Money Payable On |
|
| Opens On |
Closes On |
Application |
Allotment |
|
| 13-Dec-22 |
15-Dec-22 |
Rs54.00-0.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :2000 Further Multiples of :2000 |
| |
RsCr |
Lead Managers to the Issue |
|
| Project Cost |
33.97 |
| Corporate Capitalventures Pvt Ltd |
|
| Project Financed through Current Offer |
33.97 |
|
| Post Issue Equity Share Capital |
23.99 |
|
| Issue Price |
Rs54.00 |
|
|