:::LALKAR GROUP::::

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
Opens On	Closes On	Application	Allotment
13-Dec-22	15-Dec-22	54.00-0.00	0.00-0.00

Minimum Application for shares in Nos : 2000 Further Multiples of : 2000

	(Rs)	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
Issue Price	54.00

Projects

Purchase or Drone and other accessories

General corporate expenses

Promoted By

Prateek Srivastava

Nikita Srivastava

Listing At

BSE - SME

Registrar to the Issue

No Data Available