Droom Technology IPO
Droom Technology IPO is a book built issue. The shares are scheduled to list on NSE/BSE. ICICISecuritiesLimited, Axis Capital Limited, Edelweiss Financial Services Limited, HSBC Securities and Capital Markets (India) Private Limited and Nomura Financial Advisory and Securities (India) Private Limited are the book-running lead managers; for detailed information, refer directly to the official Droom Technology IPO DRHP.
Free Demat with Zero AMC*
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% | -- |
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 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 Issue Details
| 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 Shares
| Minimum Shares | Maximum Shares |
|---|---|
| -- | -- |
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) |
|---|
| ICICISecuritiesLimited | Axis Capital Limited | Edelweiss Financial Services Limited | HSBC Securities and Capital Markets (India) Private Limited | Nomura Financial Advisory and Securities (India) Private Limited |
