
Droom Technology IPO
DROOM
Open Date
To be announced
Close Date
To be announced
Price Range
To be announced
Min Investment
To be announced
Lot Size
To be announced
Listing at
NSE/BSE
Issue Size
To be announced
IPO Document
Free Demat with Zero AMC*
+ Free 1st Year AMC
About Droom Technology Ltd IPO
Droom is a technology-driven automobile e-commerce platform that enables users to buy and sell new and used vehicles online. The company operates through its website and mobile applications, offering services such as vehicle search, price discovery, booking, certification, financing, and doorstep delivery.
Its integrated ecosystem combines data science and technology solutions to simplify the automobile buying and selling process across India.
Droom is a technology-driven automobile e-commerce platform that enables users to buy and sell new and used vehicles online. The company operates through its website and mobile applications, offering services such as vehicle search, price discovery, booking, certification, financing, and doorstep delivery. Its integrated ecosystem combines data science and technology solutions
Droom Technology IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 0% | -- |
| Non-Institutional Investors (NIIs) | 0% | -- |
| Retail Individual Investors (RIIs) | 100% | -- |
Droom Technology IPO Strengths & Weaknesses
End-to-end online platform for buying and selling vehicles
Asset-light and technology-driven business model
Presence across 1
151 cities with listings in 11 vehicle categories
14.46 million cumulative app downloads as of September 30
2021
Holds a US patent for its Orange Book Value (OBV) vehicle pricing solution
Business depends heavily on India’s automobile e-commerce market
Reduction in auto dealers on the platform may impact growth
Ongoing legal proceedings involving the company and related parties
Future acquisitions and expansion plans may require additional funding
Droom Technology IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 04 Apr '28 | -- | 05 Apr '28 |
| Issue Composition: | |
|---|---|
| Face Value | ₹1 per share |
| Total Issue Size | 0 shares (aggregating up to To be announced) |
| Fresh Issue | 0 shares (aggregating up to To be announced) |
| Offer for Sale | 0 shares of ₹1 (aggregating up to To be announced) |
| Issue Type | |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | shares |
| Post-Issue Shareholding | 0 shares |
Droom Technology IPO Lot Size and Investment Details
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of Droom Technology ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Droom Technology IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Droom Technology IPO Contact & Registrar Details
Contact Details
Address
Malviya Nagar New Delhi
Phone Number
Website
Droom Technology Lead Manager(s)
| Book Running Lead Manager(s) |
|---|