Droneacharya Aerial Innovations Files Draft Papers For IPO, To Be Listed On BSE SME; Details Here

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Droneacharya Aerial Innovations Files Draft Papers For IPO, To Be Listed On BSE SME; Details Here


Droneacharya Aerial Innovations plans to supply 62.90 lakh fairness shares of Rs 10 every by way of the book-building route.

Droneacharya Aerial Innovations will use the proceeds to buy drones and different equipment, and different basic company bills

Droneacharya Aerial Innovations Ltd has filed its draft pink herring prospectus (DRHP) with the BSE for its preliminary public providing. The firm plans to supply 62.90 lakh fairness shares of Rs 10 every by way of the book-building route. The shares are proposed to be listed on the BSE’s SME Platform (BSE SME).

Droneacharya Aerial Innovations is a full-fledged progressive knowledge answer firm that gives a whole ecosystem of drone options for multi-sensor drone surveys, knowledge processing of drone and strong high-configuration {hardware} for drone supply, drone in-a-box answer for automated survey and surveillance and drone pilot coaching, together with GIS knowledge processing, Python coding and industry-specific programs.

The proceeds from the proposed providing can be utilized by the corporate to buy drones and different equipment, and different basic company bills. Droneacharya Aerial Innovations was integrated by Prateek Srivastava in 2017.

Droneacharya Aerial Innovations is the Directorate General of Civil Aviation (DGCA)-certified RPTO (Remote Pilot Training Organisation) firm, having its major centre in Pune, Maharashtra. Within solely six months of operations, it has been in a position to practice greater than 150 drone pilots.

It lately signed a memorandum of understanding (MoU) with the Rashtriya Raksha University and launched its second RPTO in Gujarat, aiming to upskill the following era and the scholars to hitch the Indian Armed Forces.

For the yr ended June 2022, the corporate has reported a complete earnings of Rs 3.08 crore and a web revenue of Rs 72.06 lakh.

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