R M Drip & Sprinklers Systems Ltd IPO

R M Drip & Sprinklers Systems Ltd is an NSE SME IPO is priced at ₹57–₹53 per share with an issue size of 20,10,000 Equity Shares of Rs 10 aggregating up to Rs 11.46 Cr. The IPO opens on Sep 19, 2017 and closes on Sep 25, 2017, with a lot size of 2000 shares and a minimum investment of ₹1,06,000.

R M Drip & Sprinklers Systems Ltd IPO

NSE SME Listed
₹1,06,000 (2000 Shares)
Minimum Investment
IPO Dates
Sep 19, 2017 – Sep 25, 2017
Price band
₹57 - 53 per equity share
Minimum Investment
₹1,06,000
Issue size
20,10,000 Equity Shares of Rs 10 aggregating up to Rs 11.46 Cr
Lot size
2000
Allotment Date
Sep 29, 2017
Listing
Oct 4, 2017
Listing At
NSE SME

IPO timeline

  1. Sep 19, 2017

    Open Date

    Completed

  2. Sep 25, 2017

    Close Date

    Completed

  3. Sep 29, 2017

    Allotment Date

    Completed

  4. Oct 4, 2017

    Listing Date

    Completed

R M Drip & Sprinklers Systems Ltd IPO Essentials

R M Drip & Sprinklers Systems Ltd IPO Details

R M Drip & Sprinklers Systems Ltd IPO is priced at ₹57 - 53 per share with a total issue size of 20,10,000 Equity Shares of Rs 10 aggregating up to Rs 11.46 Cr. The IPO has a lot size of 2000 shares and will be listed on NSE SME.

Issue price
Rs 53 - Rs 57 Per Equity Share 
Lot size
2000 shares
Face value
Rs 10 Per Equity Share 
Issue size
20,10,000 Equity Shares of Rs 10 aggregating up to Rs 11.46 Cr
Listing at
NSE SME
List price
Listing date
Registrar
Bigshare Services Pvt. Ltd
Lead manager
PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED

R M Drip & Sprinklers Systems Ltd IPO Details

  • Retail Portion N/A

R M Drip & Sprinklers Systems Ltd IPO Analytics

R M Drip & Sprinklers Systems Ltd IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

R M Drip & Sprinklers Systems Ltd IPO Subscription Status

R M Drip & Sprinklers Systems Ltd IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB
NII
Retail Total
Shares Offered / Reserved -
9,50,000
9,50,000 19,00,000
Day 1 19-09-17
- x
0.41x
0.25 x 0.33 x
Day 2 20-09-17
- x
0.47x
0.37 x 0.42 x
Day 3 21-09-17
- x
0.51x
0.50 x 0.51 x
Day 4 22-09-17
- x
0.52x
0.56 x 0.54 x
Day 4 25-09-17
- x
1.53x
0.99 x 1.27 x

R M Drip & Sprinklers Systems Ltd Valuations

Earnings

EPS (Post IPO)
Rs 2.03
P/E Ratio
28

Returns

RoNW
35.08%

Data sourced from DRHP / RHP • For educational purposes only

R M Drip & Sprinklers Systems Ltd Company & Offer Insights

R M Drip & Sprinklers Systems Ltd IPO Issue Objectives

Funding the working capital requirements of the company
General Corporate purpose

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

R M Drip & Sprinklers Systems Ltd IPO is a book-built IPO worth ₹20,10,000 Equity Shares of Rs 10 aggregating up to Rs 11.46 Cr. The price band is ₹57–₹53 per share. The IPO opens on Sep 19, 2017 and closes on Sep 25, 2017. It will be listed on NSE SME Platform. Bigshare Services Pvt. Ltd is the registrar.

The price band of R M Drip & Sprinklers Systems Ltd IPO is ₹57 to ₹53 per share.

The lot size of R M Drip & Sprinklers Systems Ltd IPO is 2000 shares.

The minimum investment for R M Drip & Sprinklers Systems Ltd IPO is approximately ₹1,06,000 based on the upper price band .

R M Drip & Sprinklers Systems Ltd IPO opens on Sep 19, 2017 and closes on Sep 25, 2017.

The allotment date of R M Drip & Sprinklers Systems Ltd IPO is Sep 29, 2017.

R M Drip & Sprinklers Systems Ltd IPO is expected to be listed on Oct 4, 2017, on NSE SME Platform.

No recorded Grey Market Premium (GMP) quote is currently available for R M Drip & Sprinklers Systems Ltd IPO. GMP is unofficial and does not forecast or guarantee the actual listing price.

R M Drip & Sprinklers Systems Ltd IPO valuation snapshot: P/E 28, EPS Rs 2.03, P/B N/A, RoNW 35.08%, and market cap N/A.

To apply for R M Drip & Sprinklers Systems Ltd IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of R M Drip & Sprinklers Systems Ltd IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for R M Drip & Sprinklers Systems Ltd IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check R M Drip & Sprinklers Systems Ltd IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the R M Drip & Sprinklers Systems Ltd IPO allotment status on IPO Ji for quick and easy access.