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Dronetech Startup AITMC Pre-Files DRHP For INR 200 Cr IPO

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SUMMARY

AVPL International (AITMC Ventures) has pre-filed DRHP for INR 200 Cr initial public offering (IPO)

While details about the company’s public issue are not clear, the company’s board, on July 17, approved increasing the size of the fresh issue in the IPO to INR 200 Cr from INR 125 Cr earlier

On the financial front, the startup saw a 59% increase in its net profit to INR 14 Cr in FY25 from INR 8.8 Cr in the previous fiscal

Taking its second stab at a public listing, AVPL…

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