Drone Destination IPO — Listing Performance
Drone Destination IPO facts & figures
| Issue category | SME |
|---|---|
| Issue open date | 7 Jul 2023 |
| Listing date | 21 Jul 2023 |
| Issue price | ₹65 |
| Listing-day close | ₹102.10 (57.08%) |
| Recent market price | ₹33.50 (-48.46% vs issue) |
| 52-week range | ₹33.20 – ₹137.80 |
| Identifiers | NSE: DRONE · ISIN: INE0P7201019 |
How the listing went
Drone Destination delivered a blockbuster debut, closing its first session 57.08% above the issue price.
Drone Destination against every other debut on record
- Rank in 2023: 42 of 172 NSE debuts, on a 57.08% first-day close.
- 72nd percentile of 116 SME debuts in 2023 (median 20.72%).
- 6th of 15 debuts in July 2023.
- Opened 65.31% above issue, then gave up 8.23 points to the close.
- Day-one range ₹102.10 to ₹107.95: a 9% swing on the issue price.
- Last close ₹33.50 (11 Sep 2026): 48.46% below issue, against 57.08% on day one.
- % up its 52-week range of ₹33.20 to ₹137.80.
- Priced at the top of the ₹62 to ₹65 band.
- Listed 8 calendar days after close.
- All 601 SME debuts on record: median 14.22%, 79% closed above issue.
Computed over 1109 verified NSE debuts to 11 Sep 2026 · sources