IPO

R M Drip & Sprinklers Systems Ltd IPO

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Initial public offer consisting of fresh issue 20,10.000 equity shares of face value of Rs. 10/- each fully paid for cash at a price of Rs. 57 per equity share (the issue price) (including a share premium of Rs. 47 per equity share) aggregating up to Rs. 11.46 crores (the issue), of which upto 1,10,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 57/- per equity share, aggregating Rs. 0.63/- crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 19,00,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 57/- per equity share, aggregating Rs. 10.83 crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 30.04% and 28.40% respectively of the fully diluted post issue paid up equity share capital of the company. The face value of equity share is Rs.10 each. The issue price is Rs.57 and is 5.7 times the face value of the equity shares.

R M Drip & Sprinklers Systems Ltd IPO Subscription Details

Company

R M Drip & Sprinklers Systems Ltd

Issue Type

Book Building - SME

Open Date

19 Sep

Close Date

25 Sep

Offer Price

57.00

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  • Login to your 5paisa Mobile Trading App and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a notification to block funds in your UPI app
  • Approve the block request

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Contact Details of R M Drip & Sprinklers Systems Ltd IPO

Company Contact Information

R M Drip & Sprinklers Systems Ltd IPO
Gat No.475 Village Gonde,
Taluka Sinnar,
Nashik, Maharashtra 422113.

Phone: 91-2551-218919
Email: info@rmdrip.com

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R M Drip & Sprinklers Systems Ltd IPO Lead Manager(s)

  • Pantomath Capital Advisors Pvt Ltd

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