DRONEACHARYA AERIAL INNOVATIONS LTD IPO
DRONEACHARYA AERIAL INNOVATIONS LTD was a SME IPO, offered at ₹52–₹54 per share. The issue was subscribed 243.7× overall (QIBs 46.21×, NIIs 287.8×, retail 330.81×). It listed on 23 Dec 2022 and closed its first day at ₹102, a listing gain of +88.9% versus the ₹54 issue price.
Frequently asked questions
- How many times was the DRONEACHARYA AERIAL INNOVATIONS LTD IPO subscribed?
- The DRONEACHARYA AERIAL INNOVATIONS LTD IPO was subscribed 243.7× overall — 46.21× in the QIB category, 287.8× among non-institutional investors, 330.81× in retail.
- What were the DRONEACHARYA AERIAL INNOVATIONS LTD IPO listing gains?
- DRONEACHARYA AERIAL INNOVATIONS LTD listed on 23 Dec 2022, closing its first day at ₹102 — a listing gain of +88.9% versus the ₹54 issue price.
- What were the retail allotment odds for the DRONEACHARYA AERIAL INNOVATIONS LTD IPO?
- Retail was subscribed 330.81×, so a single-lot application had roughly a 0.3% chance of allotment (about 1 in 331), and allotment was finalised on 19 Dec 2022.
- What was the price band and lot size of the DRONEACHARYA AERIAL INNOVATIONS LTD IPO?
- The price band was ₹52–₹54 per share.