Ranbir Kapoor, Aamir Khan Invest in Drone Company, Double Their Money

Last Update: December 28, 2022, 12:25 PM IST

The pre-IPO price for buyers was Rs 53.59 per share.

The pre-IPO price for buyers was Rs 53.59 per share.

In the pre-IPO fundraising round, Aamir Khan invested Rs 25 lakh to buy 46,600 shares.

On Friday, shares of Pune-based drone company Acharya Aerial Innovations got listed on the Bombay Stock Exchange at a premium of 88%. Dronacharya on Friday IPO The offer price was Rs 52-54 per share. The company’s shares gained 5 per cent after the listing. Shares of the drone startup traded in higher volumes in the beginning.

Aamir Khan invested Rs 25 lakh to buy 46,600 shares in the pre-IPO fundraising round, while Ranbir Kapoor bought 37,200 shares worth about Rs 20 lakh. According to a report in Economic Times, the pre-IPO price for buyers was Rs 53.59 per share.

The IPO of Drone Acharya Aerial Innovations, which closed for subscription on December 15, was subscribed 22.94 times, indicating strong interest from investors. Of the 20.92 lakh shares on offer, 7.92 crore or 37.89 times were subscribed.

The non-institutional investor (NII) category was subscribed 17.25 times for 1.54 crore shares against 8.98 lakh shares on offer. Finally, the Qualified Institutional Buyer (QIB) category was oversubscribed 1.03 times, with demand for 12.34 lakh shares exceeding offer of 11.94 lakh shares.

The company successfully closed its Anchor Book account on Monday. The company said it has allotted 17.90 lakh shares at Rs 54 per share to four anchor investors. Aegis Investment Fund gets 3.72 lakh shares, Maven India The fund got 5.72 lakh shares, NAV Capital VCC-NAV Capital Emerging Star Fund got 3.96 lakh shares and Xenia Global Fund got 4.50 lakh shares.

One of the first private players to get the license is Drone Acharya AI 2022, a DGCA (Directorate General of Civil Aviation) certified RPTO (Remote Pilot Training Organisation). Over 180 drone pilots have been trained by the company since March 2022. The company has launched a series of concise and industry-relevant drone and GIS courses, which aim to prepare and empower young Indians to pursue careers in the drone ecosystem.

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