Droom IPO GMP, Open Date, Price Band, Allotment Status, DRHP

Droom IPO open date is expected in mid of June 2025 (Tentative). This new IPO is a book-built issue of Rs 3000 crore. This upcoming IPO is a combination of fresh issue and offer-for-sale. The fresh issue is of Rs 2000 crore and offer-for-sale is of Rs 1000 crore. 

Droom IPO price band is yet to be announced. As of now, Droom IPO GMP Live quotation is not yet started. Live IPO Grey Market Premium details will be visible online.

Droom IPO allotment status expected in mid of June 2025 (Tentative). The lot size details are yet to be announced. The minimum investment for the retail investors for 1 lot is expected to be around Rs 14,810. The registrar for Droom IPO is Kfin Technologies Limited. The listing date is expected in the third week of June of 2025.

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Droom IPO GMP

Droom IPO GMP has not yet started. The IPO GMP today indicates huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription got oversubscribed then Droom IPO GMP might rise in the coming days.

Droom IPO GMP Live status will indirectly impact the sentiments of the IPO investors. If the Grey Market Premium is quoting at 13% or above, then the possibility of the oversubscription increases.

However, if the Live IPO GMP quotes is below 13% premium, then most investors tend to lose interest in applying in the IPO and the probability of the under-subscription increases. Here, in Droom IPO GMP is expected to quote the initial ticks at the 13% or above premium.

Droom IPO Price Band

Droom IPO price band is yet to be announced. The final price band and lot size details are yet to be finalised. The minimum amount of investment for the retail category is to be around Rs 14,810 and for small NII minimum investment is to be around Rs 2,07,200. The minimum investment for the Big NII is to be around Rs 10,02,200.

Droom IPO Open Date, Close Date

Droom IPO open date is expected in the mid of June 2025 (Tentative). However, these dates are tentative as per the information available from the market sources and can be changed in future. 

Droom IPO Allotment Status

Droom IPO allotment status is expected in the mid of June 2025. The listing will be on the BSE and NSE platforms in the last week of June 2025. The registrar of this IPO is Kfin Technologies Limited. Investors can check their allotment status after the subscription of the IPO ends.

Droom IPO Listing Date

Droom IPO's listing date is in the last week of June 2025. The Listing will be on both the NSE and BSE exchanges. Retail investors can sell the shares after 10 AM on the listing day.

Droom IPO: Listing Date, Lot Size, Price Band

Droom Technology Limited: About the Company

Droom Technology Limited was incorporated in 2014, is an online marketplace for buying and selling of new and used automobiles. It was founded by Sandeep Aggarwal and Rishab Malik, headquartered in Gurugram, Haryana. Droom operates across 1,174 cities in India and has expanded to Singapore, Thailand and Malaysia. 

Droom’s technology platform offers a wide range of vehicles from bicycles to planes. The company’s business model works on B2C, C2C, C2B and B2B transactions with pricing formats including offers and auctions. 

In July 2021, Droom became a unicorn after raising $200 million in the pre-IPO funding round valuing the company at $1.2 billion.

Droom IPO Objectives

The funds raised from the Droom IPO will be used to fund the organic growth and inorganic growth opportunities. The money will be used for improving the company's e-commerce platform and other services. The remaining money will be used for acquiring other companies and expansion. 

Droom IPO: Key Dates, Allotment, Listing Date

Droom IPO Subscription Status, IPO Reservation

Droom IPO subscription status will be available after the IPO opens in the mid of June 2025. In the QIB category 75% of the net offer is reserved. The remaining 10% is reserved for the retail investors and 15% is for Non-Institutional investors. 

Droom IPO Lot Size Details

Droom IPO lot size is yet to be announced. For retail, the minimum lot size is 1 lot, amounting to around Rs 14,810 and the maximum is 13 lots, amounting to be around Rs 1,94,324. For small HNI, the minimum lot size is 14, amounting to be around Rs 2,07,200.

Droom Technology Promoter Holdings

Droom Technology Limited promoters are Sandeep Aggarwal and Droom Pte Limited. The promoters' shareholdings before the IPO were x%; however, after the IPO, shareholdings will decline. 

Droom IPO Registrar

Droom IPO registrar is expected to be Kfin Technologies Limited. On the date of allotment, Investors can click on the registrar website and select the name of the company and enter PAN number or application ID to know their allotment status.

Droom IPO Lead Managers

Droom IPO lead managers are ICICI Securities Limited, Axis Capital Limited, Edelweiss Financial Services Limited. HSBC Securities and Capital Markets, Nomura Financial Advisory and Securities Limited. 

How to apply to Droom IPO

Interested investors can apply to the Droom IPO directly from the Bigul trading app and you can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

Droom IPO Review

Droom IPO may get a positive response from the general public. The company is involved in the E-Automobile Marketplace. So, investors interested in the Automobile sector can apply to this IPO.

This upcoming IPO is expected to witness an oversubscription in the last bidding date. Moreover, if the IPO gets a positive response then Droom IPO GMP will also rise. 

Droom IPO FAQ

1. What are the details of the Droom IPO?

Droom IPO is a book-built issue of Rs 3000 crore. This upcoming IPO is a combination of fresh issue and offer-for-sale. The fresh issue is of Rs 2000 crore and offer-for-sale is of Rs 1000 crore. 

2. When will the Droom IPO open and close?

Droom IPO open date is expected in the mid of June 2025 (Tentative). However, these dates are tentative as per the information available from the market sources and can be changed in future. 

3. What is Droom IPO GMP Live?

Droom IPO GMP Live has not yet started. The IPO GMP today indicates huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription got oversubscribed then Droom IPO GMP might rise in the coming days.

4. What are the details of Droom IPO Subscription Status?

Droom IPO subscription status will be available after the IPO opens in the mid of June 2025. In the QIB category 75% of the net offer is reserved. The remaining 10% is reserved for the retail investors and 15% is for Non-Institutional investors. 

5. Write the details of the IPO Allotment Status?

Droom IPO allotment status is expected in the mid of June 2025. The listing will be on the BSE and NSE platforms in the last week of June 2025. The registrar of this IPO is Kfin Technologies Limited. Investors can check their allotment status after the subscription of the IPO ends.

6. Who is the registrar and lead managers for Droom IPO?

Droom IPO registrar is expected to be Kfin Technologies Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status.

The lead managers are CICI Securities Limited, Axis Capital Limited, Edelweiss Financial Services Limited. HSBC Securities and Capital Markets, Nomura Financial Advisory and Securities Limited.

Also Read:

• What is IPO?
• What is IPO GMP?
• Difference between IPO and FPO For Beginners
• Difference between SME IPO and Mainline IPO?