AITMC Ventures Ltd. IPO Details
AITMC Ventures was incorporated on December 21, 2016. The Gurugram-based company operates in vocational education and skill development, along with drone manufacturing and assembly. It provides industry-aligned training, particularly in drone technology, in collaboration with central and state governments to develop practical skills and improve employability across sectors
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 35.0 M | - | - | ₹0 | DRHP DOC |
AITMC Ventures issue details
AITMC Ventures has 35.0 M shares on offer
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
AITMC Ventures IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE and BSE |
AITMC Ventures NUMBER OF SHARES ON OFFER
AITMC Ventures FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY26 | 106.8 | 13.4 | 2.7 | -1.8 | 26.7% |
| FY25 | 87.5 | 16.1 | -6.6 | -28.1 | 33.9% |
| FY24 | 41.9 | 8.6 | -5.9 | -9.7 | 39.9% |
AITMC Ventures INFORMATION ON IPO ISSUE
About AITMC Ventures
AITMC Ventures was incorporated on December 21, 2016. The Gurugram-based company operates in vocational education and skill development, along with drone manufacturing and assembly. It provides industry-aligned training, particularly in drone technology, in collaboration with central and state governments to develop practical skills and improve employability across sectors
Object of the Issue
- Funding capital expenditure for upgradation of Global Incubation and Skill Hubs (“GISH”) in select fifty (50) AICTE-approved colleges (“Upgradation of GISH”)
- Funding capital expenditure for upgradation of infrastructure facilities at seventeen (17) Industrial Training Institutes (ITIs) and three (3) Polytechnic colleges in the State of Uttar Pradesh, India, under the World Incubation and Skill Hubs (“WISH”) (“Upgradation of WISH”)
- Funding capital expenditure towards setting up of Research and Development (“R&D”) Laboratories at IIT Ropar and upgradation of R&D Laboratories at IIT Kanpur and Company’s Gurugram Facility
- Funding capital expenditure towards establishment of Future Tech Park at Sisai, Haryana
- Repayment and/or pre-payment, in full or part, of certain borrowings availed by the company
- General corporate purposes
AITMC Ventures - PROMOTERS
| Name |
|---|
| Deep |
| Preet Sandhuu |
AITMC Ventures - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Preet Sandhuu | Managing Director |
| Narendra Kumar Mohanpatra | Whole Time Director & Chief Executive Officer |
| Rakesh Kumar Anand | Executive Director |
| Suresh Gupta | Non-Executive Director |
| Kamal Jeet Dahiya | Non-Executive Independent Director |
| Permender Kumar Malik | Non-Executive Independent Director |
AITMC Ventures Book Running Lead Manager
Khandwala Securities Limited
ipo@kslindia.com
AITMC Ventures Registrar to the Offer
Bigshare Services Private Limited
ipo@bigshareonline.com
AITMC Ventures Strengths
Integrated drone business
The company operates an integrated drone business covering pilot training, drone manufacturing, assembly and services, creating synergies across its activities. Its training programs develop skilled pilots and technicians who can participate in drone services or purchase its drones, supporting demand and expanding its service network
Strong partnerships
The company has established long-term partnerships with government, industry and academic stakeholders, including NSDC, MSDE, MoRD and State Skill Development Missions. These collaborations support large-scale skill development projects under schemes such as PMKVY and DDU-GKY, helping build a pipeline of certified drone pilots and technicians
R&D capabilities
The company’s in-house R&D capabilities focus on developing indigenous drones for agriculture, infrastructure, defence and public services, including agricultural, surveying, logistics, surveillance and firefighting applications. Its R&D efforts enhance payload efficiency, flight time, AI/ML-based automation and autonomous navigation, while integrating AI, ML and IoT for precision agriculture, asset inspection and environmental monitoring
AITMC Ventures Risks
Operational risks
The company’s drone training and service activities face risks from crashes, equipment failures, adverse weather, pilot errors and communication issues, which could cause injury, property damage or data loss. Such incidents may lead to liability claims, financial losses, higher insurance costs, contract termination, penalties and reputational damage
Technology evolution risks
The rapidly evolving drone industry may make the company’s existing drones, software and training content outdated, reducing their relevance and competitiveness. Failure to continuously upgrade technology and training programs could affect customer retention, trainee enrolment and the company’s competitive position
Market adoption risks
The company’s recently launched Drone-as-a-Service (DaaS) business may face challenges in scaling and achieving profitability due to uncertain customer demand, operational requirements and reliance on trained drone operators. Slow industry adoption, concerns over data security, reliability, regulations and costs could limit demand and adversely affect its financial performance
IPO FAQs
The promoters of the company are Deep and Preet Sandhuu.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.