IPO

IPO Snapshot

Drone Destination Ltd.

Issue Open Date	07-Jul-23
Issue Closing Date	13-Jul-23
Application Money	100
Allotment Money

Price Band ()	62 - 65
Minimum Bid Quantity.	2000
Issue Size (Shares)	6800000
Market Lot	1

Objective

1. To meet out the expenses for purchase of new drones.2. To meet out the expenses for purchase of vehicle.3. To meet out the Capital Expenditure Requirement.4. To meet out the Working Capital requirements.5. To meet out the General Corporate Purposes.6. To meet out the Issue Expenses.

Business Description

As per Drone Rules 2021 released by Ministry of Civil Aviation, an individual must have a valid Remote Pilot Certificate from a DGCA-authorised Remote Pilot Training Organisation (RPTO) to fly drones legally in the country.? Our Company is a DGCA-authorized Remote Pilot Training Organisation (RPTO) offering Certified training programs at multiple locations pan-India. After due completion of the...

Promoter's Holding

Total Share Capital	14868500
Offered to Public	6800000
Promoter's Holding (Pre-Issue)	85.14
Promoter's Holding (Post-Issue)	61.3

Address

Address :Office. No 005 B & 006
Ground Floor
N S I C- M D B P
Building
Okhla Industrial Estate City :New Delhi, State :Delhi Pincode :110020 Phone :011-41050607 Email : cosec@thedronedestination.com Website : www.thedronedestination.com

Registrar

Maashitla Securities Pvt Ltd.
451
Krishna Apra Business
Square
Netaji Subhash Place

Pitampura
New Delhi

Listed at

NSE

Lead Manager

Narnolia Financial Services Ltd.

Promoters

Chirag Sharma
Shashi Bala

ATTENTION INVESTORS
KYC
CDSL

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6. Risk disclosures RISK DISCLOSURES ON DERIVATIVES:

9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
On an average, loss makers registered net trading loss close to ₹ 50,000.
Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost

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https://www.bseipf.com/investors_education.html
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REGISTRATION NOS:

INDIRA SECURITIES PRIVATE LIMITED (SEBI REG.NO.):NSE TMID: 12866, BSE TMID: 663, CDSL DPID: 17000 SEBI REG. NO.: INZ000188930, MCX TM ID: 56470, NCDEX TM ID: 01277, CDSL REG. NO.: IN-DP-90-2015, CIN: U67120MH1996PTC160201, RA SEBI REG. No.: INH000023269

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INVESTORS GRIEVANCE

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INVESTOR CHARTER

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