ICICI Securities Limited

Droom Technology Limited IPO

Mainboard Upcoming
  • IPO Open Date
  • --
  • IPO Close Date
  • --
  • Allotment date
  • --
  • Listing date
  • --
  • Issue Size
  • ₹ 3000 Cr.
  • Issue Price Band
  • --
  • Lot Size
  • --
  • Minimum Investment
  • --

Disclaimer: IPO details, GMP, subscription figures, and other related information are for informational purposes only and may not always be accurate or up to date. Please verify the latest details from official sources before investing.

About Droom Technology Limited

Droom Technology Limited is a leading AI and data science-driven online marketplace for buying and selling new and used automobiles in India. Founded in 2014, the company offers a comprehensive platform covering cars, two-wheelers, and other vehicles, providing end-to-end solutions from discovery to purchase.

Droom operates an asset-light, technology-powered ecosystem that includes vehicle listings, pricing tools, inspection services, financing, insurance, and warranty options.

Business Model

  • Multi-sided marketplace model (B2C, C2C, C2B, B2B)
  • Pricing formats: Fixed price, best offer, and auctions
  • Vertically integrated services including vehicle history reports, inspections, and post-sale support

Key Highlights

  • One of the largest selections of vehicles on a single platform in India
  • Strong focus on transparency, trust, and technology to simplify automobile transactions
  • Expanding presence in the organized used-vehicle market

Competitive Strengths

  • Comprehensive tech-enabled automobile ecosystem
  • Large inventory and strong user base
  • End-to-end transaction support enhancing customer trust
  • Data science capabilities for accurate pricing and recommendations
  • Well-positioned in the fast-growing online auto retail sector
Read More

IPO Subscription Details

Category Shares Offered Shares Applied Subscription Times (x)
Updated on N/A

Grey Market Premium (GMP)

GMP Date IPO Price GMP Estimated Listing Price Estimated Profit* Last Updated
Disclaimer: Grey Market Premium (GMP) is an unofficial market indicator provided for informational purposes only. It may change at any time and should not be considered investment advice or a guarantee of listing gains. Please evaluate company fundamentals, financials, valuation, and subscription data, and consult a SEBI-registered financial advisor before making any investment decision.

Financials of Droom Technology Limited

A quick overview of the key financial performance of Droom Technology Limited.

Total Assets (₹ Cr)

Revenue (₹ Cr)

Profit after Tax (₹ Cr)

*All values are in Rs. Cr

Company Financials

Revenue decreased by 37%, Total Assets increased by 48% between FY2021 and FY2022 (Jun).

Period Ended FY2019 FY2020 FY2021 FY2022 (Jun)
Revenue 135.97 172.17 125.33 79.08
Assets 129.03 136.48 114.84 170.41
Total Income 146.11 181.37 135.52 81.05
Profit After Tax -105.37 -89.60 -68.88 -32.59
EBITDA -101.71 -79.49 -58.79 -30.80
Net Worth 74.11 59.26 18.92 80.39
Reserves & Surplus 73.24 58.16 17.82 79.04
Total Borrowings 0.62 31.56 51.85 30.18
Amount in ₹ Crore

IPO Lot Size

IPO lot size details are currently unavailable.

Key Performance Indicators (KPI)

KPI Latest
ROCE (%) -32
Debt / Equity 0.38
RoNW (%) -40.53
PAT Margin (%) -40.2
EBITDA Margin (%) -38.01
Pre IPO
Post IPO
EPS (₹)
-2.42
-
P/E (x)
-
-
Promoter Holding (%)
100
-
Disclaimer: KPI values are based on information disclosed in the IPO prospectus and are provided for informational purposes only.

IPO Lead Manager(s)

Lead Manager Details

  • ICICI Securities Limited

Lead Manager Details

  • Axis Capital Limited

Lead Manager Details

  • Edelweiss Financial Services Limited

Lead Manager Details

  • HSBC Securities and Capital Markets (India) Private Limited

Lead Manager Details

  • Nomura Financial Advisory and Securities (India) Private Limited

IPO Registrar

  • Registrar Name
  • KFin Technologies Limited
  • Phone
  • +91 40 6716 2222 / 1800 309 4001
  • Contact Person
  • M Murali Krishna
  • SEBI Registration Number
  • INR000000221
  • Address
  • Selenium Tower B, Plot No. 31 and 32, Financial District, Nanakramguda, Serilingampally, Hyderabad – 500 032, Telangana, India

Company Contact Details

  • Company Name
  • Droom Technology Limited
  • Phone
  • +91 11 4040 4501
  • Contact Person
  • Anil Dwivedi
  • Corporate Identity Number
  • U72300DL2014PLC271386
  • Address
  • 90/31B, First Floor, Malviya Nagar, New Delhi 110017, Delhi, India
View All

Droom Technology Limited FAQs

The Droom Technology Limited IPO is a MAIN IPO with a total issue size of ₹ 3000 crores. The IPO price band is fixed at ₹-- to ₹-- per share, and the minimum lot size is --. The Droom Technology Limited IPO will open on --, and will close on --. KFin Technologies Limited has been appointed as the registrar for the issue. The equity shares are proposed to be listed on .

The Droom Technology Limited IPO opens on -- and closes on --.

The Droom Technology Limited IPO lot size is --, and the minimum amount required for application is --.

You can apply for the Droom Technology Limited IPO through your bank account using the ASBA facility or via your online trading and Demat account. To apply online, log in to your broker’s platform, select Droom Technology Limited IPO, enter the number of lots, choose your price within the price band, and submit the application. After submitting, approve the UPI mandate to block the required amount in your bank account. Once the IPO allotment is finalised, shares will be credited to your Demat account if allotted. If not allotted, the blocked amount will be released automatically.

The Droom Technology Limited IPO listing date is --.
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