Droom IPO
₹3000 Cr
Medium risk because:
- 5 material risk factors disclosed in DRHP
- Regulatory or legal risks cited in DRHP
- Business heavily reliant on India’s used and new automobile and vehicular services e-comme…
IPOFins risk score from DRHP risk factors, subscription demand & issue structure
Issue Size
₹3000 Cr
Subscription
—
About Droom
Droom is a technology and data science company that facilitates automobile buying and selling online through a combination of its e-commerce platform along with a technology-driven vertically integrated proprietary ecosystem of products and services for the automobile industry. The company’s automobile e-commerce platform, which includes website and mobile apps, offers the facility to buy and sell new and used vehicles. Some of the elements of automobile buying covered on the company’s platforms are searching for a vehicle, creating buying requirements, price discovery, booking, certification to purchase and financing and doorstep delivery.
Company Details
Founders / Promoters
Sandeep Aggarwal
Founded
2014
Documents
DRHP / RHP Document (PDF)
View official prospectus →
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FAQ
What is the price band of Droom IPO?
The price band for Droom IPO has not been announced yet. It is published in the RHP shortly before the issue opens.
What does Droom do?
Droom is a technology and data science company that facilitates automobile buying and selling online through a combination of its e-commerce platform along with a technology-driven vertically integrated proprietary ecosystem of products and services for the automobile industry. The company’s automobile e-commerce platform, which includes website and mobile apps, offers the facility to buy and sell new and used vehicles. Some of the elements of automobile buying covered on the company’s platforms are searching for a vehicle, creating buying requirements, price discovery, booking, certification to purchase and financing and doorstep delivery.
Should I apply for Droom IPO?
Droom is a mainboard IPO with a ₹ price band (₹3000 Cr issue) — subscription data is not live yet, so demand signals are unavailable. For a mainboard IPO at moderate risk (6/10), weigh DRHP financials and sector comps against the ₹ band before you apply.
Who founded Droom?
Droom was founded by Sandeep Aggarwal in 2014.