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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.

IPO Details

Issue Size

₹3000 Cr

Type

mainboard

Status

DRHP Filed

Founded

2014

Founders & Promoters

Sandeep Aggarwal

Founder(s) / Promoter(s)

Documents

DRHP Document (PDF)

View on SEBI website →

Expected Timeline

DRHP Filed

Draft documents submitted to SEBI

SEBI Observation — Pending

Typically takes 30-75 days

IPO Subscription — TBA

Dates to be announced based on market conditions

Listing — TBA

Expected 6 days after subscription closes