Ranbir Kapoor’s film ‘Animal’ is coming soon.
Actor Ranbir Kapoor is currently in the headlines due to receiving ED notice. He has received this notice for promoting Mahadev Batting App, but last year a company with his investment had debuted in the stock market, it had received 244 times the response. Let us tell you its whole story
Here we are talking about ‘Drone Acharya Aerial Innovations’. This startup company not only manufactures drones, but also gives training to people to fly drones. When Prateek Srivastava started this, he had to face a lot of rejection. But along with Ranbir Kapoor, Aamir Khan also expressed confidence in his hard work.
The company got 244 times response
The IPO of this company came in December last year. Its shares were listed on 23 December 2022. The company had set a target of raising only Rs 34 crore from the IPO. But thanks to high net worth individuals and retail investors, the company’s IPO got a bomb response.
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Dronecharya got bids worth Rs 6,017 crore instead of Rs 34 crore. Its IPO was subscribed 262 times on the very first day, and when the final day came, it settled at 244 times subscription.
The listing of Dronecharya’s shares also made a tremendous record. For the IPO, the company had kept the share value at Rs 52 to Rs 54 per share. The last price was fixed at Rs 54. But on the day of listing it was listed at Rs 102 with a growth of about 90 percent.
Pratik was scared before ‘debut’
Just like a film star feels scared before the release of his first film. DroneAcharya’s founder Prateek Srivastava had the same kind of fear. In an interview he had said that he had received more than 10 rejections regarding his company. Therefore, when it came to its IPO launch, he first wanted to launch it on the Small Company Exchange (SME) of BSE and he got a good response.
Prateek wants to remain on the SME platform for a few more years. When its visibility, valuation, overall size increases, then they will think of listing it on the main BSE exchange.
Source: www.tv9hindi.com
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