About Droom Technology 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 Technology IPO Subscription Breakdown

Investory CategorySubscription PercentageAmount Raised (₹ Crores)
Qualified Institutional Buyers (QIBs)0%--
Non-Institutional Investors (NIIs)0%--
Retail Individual Investors (RIIs)100%--

Droom Technology IPO Financial Highlights

No Data Found
No Data Found

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

Droom Technology IPO Important Dates & Issue Details

Allotment DateListing DateRefund Date
04 Apr '28--05 Apr '28
Issue Composition:
Face Value1 per share
Total Issue Size0 shares (aggregating up to To be announced)
Fresh Issue0 shares (aggregating up to To be announced)
Offer for Sale0 shares of ₹1 (aggregating up to To be announced)
Issue Type
Post-Issue Shareholding Pattern:
Pre-Issue Shareholding shares
Post-Issue Shareholding0 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

  1. Log in to your Choice account
  2. Select IPO
  3. Enter the number of lots and your price
  4. Verify UPI ID
  5. Complete the transaction on your UPI app

Droom Technology IPO Contact & Registrar Details

Contact Details

Address

Address

Malviya Nagar New Delhi

Phone Number

Phone Number

+91

Registrar Details

Address

Registrar Name

Phone Number

Phone Number

+91

Email

Email

Website

Website

Optivalue Tek Consulting Ltd IPO Lead Manager(s)

Book Running Lead Manager(s)

Droom Technology IPO FAQs

The minimum lot size is shares with a price band of ₹ to ₹ per share, requiring a minimum investment of ₹.

Check allotment status on the registrar's website using PAN number or application number after the Droom Technology IPO allotment date.

The listing date of Droom Technology IPO is scheduled for -- on NSE/BSE.

Investment decisions should be based on your risk appetite, financial goals, and a thorough analysis of the company's fundamentals and growth prospects.

Consider factors like company fundamentals, valuation, market conditions, and your investment portfolio before making any investment decision.

You can Droom Technology IPO apply online through your broker's trading platform, mobile app, or through the ASBA facility via internet banking.

The Droom Technology IPO allotment date and listing date are 04 Apr '28and --, respectively.

Yes, you can apply through your bank's internet banking portal. The funds will remain in your account until allotment, and no need for separate IPO funding.