What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Droneacharya Aerial Innovations Limited IPO?

Droneacharya Aerial Innovations Limited IPO has received a total subscription of 243.70 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Droneacharya Aerial Innovations Limited

ListedSME

Technology · BSE

Incorporated in 2017, Droneacharya Aerial Innovations Limited offers a comprehensive ecosystem of drone-based solutions, including multi-sensor drone surveys, high-end data processing, DGCA-certified drone pilot training, and specialized GIS training. Its offerings span four key categories—Training (drone pilot training, drone building, aerial cinematography, and data processing), Services (consultancy for government and private clients, reality capture software, anti-drone solutions, and UTM air traffic management), Surveillance (land and underwater surveying), and Other integrated solutions through its partnership with SPH Engineering for bathymetry, drone shows, hydrography, industrial and archaeological surveys, and environmental monitoring. Based in Pune, Maharashtra, the company operates from its offices in the city and recently raised USD 4.6 million in a pre-seed round, the highest for any drone startup in India.

Price Band

₹52 – ₹54

Issue Size

₹33.97 Cr

Lot Size

2000 shares

GMP

₹52

+96.3%

Est. Listing

₹106

at current GMP

Subscribed

243.70x

overall

Open

13 Dec 2022

15 Dec 2022

Allotment

20 Dec 2022

Refund

21 Dec 2022

Demat Credit

22 Dec 2022

Listing

23 Dec 2022

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

243.70x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

0.00x

High Net-Worth

Retail (RII)

0.00x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 243.70x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
Qualified Institutional (QIB)	3,145,370	—	0.00x
Non-Institutional (NII / HNI)	943,611	—	0.00x
Retail Individual (RII)	2,201,759	—	0.00x
Total	6,290,740	0	243.70x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 243.70x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	1,101	268,314	243.70x
HNIs (10L +)	7	1,706	243.71x
HNIs (2-10L)	34	8,286	243.71x
Total Applications	1,142	278,306	243.70x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Droneacharya Aerial Innovations Limited Public Issue & Market Profile

Droneacharya Aerial Innovations Limited is bringing an initial public offering (IPO) in the Technology sector with an aggregate issue size of ₹33.97 Crores. The shares are offered at a price band of ₹52 to ₹54 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

Following the close of bidding on 2022-12-15, the basis of allotment is scheduled to be finalized on 2022-12-20. 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 (Bigshare Services Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Droneacharya Aerial Innovations Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Droneacharya Aerial Innovations Limited IPO is ₹52 per equity share. Based on the upper price band of ₹52 to ₹54 per equity share, the estimated listing price is ₹106 (+96.3% expected listing gain).

What is the expected profit per lot for Droneacharya Aerial Innovations Limited IPO?

With a lot size of 2000 shares and current GMP of ₹52, the expected profit per application lot is approx ₹1,04,000 (+96.3% gain). Minimum application cost is approx ₹1,08,000.

What is the issue size and price band for Droneacharya Aerial Innovations Limited IPO?

The Droneacharya Aerial Innovations Limited IPO aggregate issue size is ₹33.97 Crores with an equity price band set at ₹52 to ₹54 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,08,000.

How can I check Droneacharya Aerial Innovations Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 243.70x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.

Where and when will Droneacharya Aerial Innovations Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2022-12-20. Investors can verify status using PAN card or application number.

When is the listing date for Droneacharya Aerial Innovations Limited IPO?

Droneacharya Aerial Innovations Limited shares are scheduled to list on BSE on 2022-12-23.