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.
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 0% | -- |
| Non-Institutional Investors (NIIs) | 0% | -- |
| Retail Individual Investors (RIIs) | 100% | -- |
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
| 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 |
| 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.
Malviya Nagar New Delhi
| Book Running Lead Manager(s) |
|---|