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 (Rs)10 each ("Equity Shares") of Droneacharya Aerial Innovations Limited (the "Company" or the "Issuer") for cash at a price of (Rs)54 per equity (the "Issue Price") aggregating to (Rs)33.97 crores ("The Issue") comprising of a fresh issue of 62,90,000 equity shares aggregating to (Rs)33.97 crores (the "Fresh Issue") of which 3,16,000 equity shares aggregating to (Rs)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 (Rs)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 (Rs)54 per equity shares is 5.4 times of face value of the equity shares. |
| Issue |
Money Payable On |
| Opened On |
Closed On |
Offer Price |
Application Money |
Allotment Money |
| 13-Dec-22 |
15-Dec-22 |
( )54.00 |
( )54.00 |
( )0.00 |
| Minimum Application for shares in Nos :2000 Further Multiples of :2000 |
| |
( Cr) |
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 |
|
| Face Value |
10 |
|
| Issue Price |
( )54.00 |
|
|