Drone Destination Limited
ListedSMEIndustrial Goods & Services · NSE
Incorporated in 2019, Drone Destination Limited is one of India’s leading Drone-as-a-Service and drone training companies. It is a DGCA-authorized Remote Pilot Training Organisation (RPTO) and was the first drone training partner of NSDC in October 2022. The company operates the largest training network in India in its segment and offers services like Drone-as-a-Service (DAAS), certified training, agriculture services, education, recreation, and rent-a-drone solutions. Drone Destination has over 80 clients across government and private sectors and has key partnerships with IGRUA, IFFCO, IIT Patna, NSDC, Neo-Geo, and Matrix-Geo. It is also among the leading players in the SVAMITVA mapping program, especially in Karnataka and Gujarat.
Price Band
₹62 – ₹65
Issue Size
₹44.20 Cr
Lot Size
2000 shares
GMP
₹39
+60.0%
Est. Listing
₹104
at current GMP
Subscribed
191.77x
overall
Open
7 Jul 2023
Close
13 Jul 2023
Allotment
18 Jul 2023
Refund
19 Jul 2023
Demat Credit
20 Jul 2023
Listing
21 Jul 2023
Last updated 12 days ago
Live Grey Market Premium
Drone Destination Limited GMP Today
Last updated: 19 Oct 2026
Current Premium
₹39+60.0%
Issue Price (Upper)
₹65
Band: ₹62 – ₹65
Estimated Listing Price
₹104
Upper price + GMP
Lot Size
2000 shares
Min investment ₹1,30,000
Estimated Profit / Lot
₹78,000
2000 × ₹39
Drone Destination Limited GMP Historical Trend
GMP History
Grey Market Premium trend
+₹39
▲ 0 today
Updated 1 minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹39 | 60.0% | ₹104 |
| 30 Oct 2026 | +₹39 | 60.0% | ₹104 |
| 29 Oct 2026 | +₹35 | 54.0% | ₹100 |
GMP is unofficial market data. Not a guarantee of listing performance.
About Drone Destination Limited Public Issue & Market Profile
Drone Destination Limited is bringing an initial public offering (IPO) in the Industrial Goods & Services sector with an aggregate issue size of ₹44.2 Crores. The shares are offered at a price band of ₹62 to ₹65 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Public Issue & Pricing Context:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Basis of Allotment & Listing Timeline:
Following the close of bidding on 2023-07-13, the basis of allotment is scheduled to be finalized on 2023-07-18. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Maashitla Securities Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Drone Destination Limited IPO GMP today?
The latest grey market premium for Drone Destination Limited IPO is ₹39, which indicates an expected listing price of ₹104.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.