IPO Synopsis
Home >> IPO >> IPO Synopsis
R M Drip & Sprinklers Systems Ltd
Registered Office:
Gat No.475 Village Gonde,Taluka Sinnar,
Nashik - 422113,
Maharashtra, India.
Email :  info@rmdrip.com
Website :  www.rmdrip.com
Initial public offer consisting of upto 20,10.000* equity shares of face value of (Rs) 10/- each fully paid for cash at a price of (Rs) [*] per equity share (the "issue price") (including a share premium of (Rs) [*] per equity share) aggregating up to (Rs) [*]** crores (the "issue"), of which upto [*]/- equity shares of face value of (Rs) 10/- each for cash at a price of (Rs) [*]/- per equity share, aggregating (Rs) [*]/- 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 upto [*]/- equity shares of face value of (Rs) 10/- each for cash at a price of (Rs) [*]/- per equity share, aggregating (Rs) [*] crores is hereinafter referred to as the "net issue". The issue and the net issue will constitute [*]% and [*]% respectively of the fully diluted post issue paid up equity share capital of the company. Price band:(Rs)53 to (Rs)57 per equity share of face value of (Rs)10 each. The floor price is 5.3 times the face value and the cap price is 5.7 times the face value.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
19-Sep-17
25-Sep-17
53.00-57.00
0.00-0.00
Minimum Application for shares in Nos : 2000   Further Multiples of : 2000
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
0.00
Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer
10.65
 
Post Issue Equity Share Capital
6.69
 
Issue Price
53.00
 
Projects
Funding the working capital requirements of the company
General corporate purpose
Promoted By
Vijaykumar Kshirsagar
Shubhangi Kshirsagar
Arjun Makani
Listing At
NSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd
ACC Ltd     1,688.30   Down   -61.50 (-3.51%)   Adani Ports & Special Economic Zone Ltd     401.20   Down   -9.00 (-2.19%)   Ambuja Cements Ltd     269.90   Down   -6.85 (-2.48%)   Asian Paints Ltd     1,213.25   Down   -15.85 (-1.29%)   Aurobindo Pharma Ltd     724.20   Down   -28.40 (-3.77%)   Axis Bank Ltd     505.30   Down   -7.25 (-1.41%)   Bajaj Auto Ltd     3,042.45   Down   -36.40 (-1.18%)   Bank of Baroda     141.85   Down   -3.75 (-2.58%)   Bharat Petroleum Corporation Ltd     492.00   Down   -4.15 (-0.84%)   Bharti Airtel Ltd     395.35   Down   -4.75 (-1.19%)   Bharti Infratel Ltd     390.00   Up   2.35 (0.61%)   Bosch Ltd     21,495.05   Down   -62.85 (-0.29%)   Cipla Ltd     585.35   Down   -6.55 (-1.11%)   Coal India Ltd     253.80   Down   -0.25 (-0.10%)   Dr Reddys Laboratories Ltd     2,457.75   Down   -28.80 (-1.16%)   Eicher Motors Ltd     31,579.60   Down   -244.70 (-0.77%)   GAIL (India) Ltd     398.55   Down   -9.20 (-2.26%)   HCL Technologies Ltd     884.45   Up   14.15 (1.63%)   HDFC Bank Ltd     1,824.10   Down   -15.00 (-0.82%)   Hero Honda Motors Ltd     3,791.15   Down   -105.25 (-2.70%)   Hindalco Industries Ltd     230.90   Down   -13.65 (-5.58%)   Hindustan Unilever Ltd     1,239.20   Down   -17.50 (-1.39%)   Housing Development Finance Corporation Ltd     1,780.95   Down   -7.65 (-0.43%)   ICICI Bank Ltd     277.10   Down   -7.85 (-2.75%)   Indiabulls Housing Finance Ltd     1,242.35   Down   -39.50 (-3.08%)   Indian Oil Corporation Ltd     408.40   Down   -4.85 (-1.17%)   IndusInd Bank Ltd     1,707.60   Down   -22.55 (-1.30%)   Infosys Technologies Ltd     898.30   Down   -11.25 (-1.24%)   ITC Ltd     268.45   Down   -1.10 (-0.41%)   Kotak Mahindra Bank Ltd     1,021.90   Down   -7.25 (-0.70%)   Larsen & Toubro Ltd     1,184.80   Down   -43.25 (-3.52%)   Lupin Ltd     1,014.40   Down   -16.00 (-1.55%)   Mahindra & Mahindra Ltd     1,287.15   Down   -4.30 (-0.33%)   Maruti Suzuki India Ltd     8,068.20   Down   -76.75 (-0.94%)   NIFTY (S&P CNX)     9,964.40   Down   -157.50 (-1.56%)   NTPC Ltd     166.00   Down   -2.20 (-1.31%)   Oil & Natural Gas Corpn Ltd     164.45   Down   -1.45 (-0.87%)   Power Grid Corporation of India Ltd     209.55   Down   -2.00 (-0.95%)   Reliance Industries Ltd     817.40   Down   -23.95 (-2.85%)   State Bank of India     261.85   Down   -6.65 (-2.48%)   Sun Pharmaceuticals Industries Ltd     513.85   Down   -5.80 (-1.12%)   Tata Consultancy Services Ltd     2,503.60   Down   -21.30 (-0.84%)   Tata Motors Ltd     411.80   Down   -1.85 (-0.45%)   Tata Motors-DVR     230.75   Down   -2.45 (-1.05%)   Tata Power Company Ltd     80.40   Down   -2.70 (-3.25%)   Tata Steel Ltd     654.00   Down   -33.10 (-4.82%)   Tech Mahindra Ltd     458.40   Down   -1.85 (-0.40%)   UltraTech Cement Ltd     3,999.60   Down   -166.45 (-4.00%)   Vedanta Ltd     307.90   Down   -14.65 (-4.54%)   Wipro Ltd     294.45   Up   2.55 (0.87%)   Yes Bank Ltd     360.65   Down   -16.40 (-4.35%)   Zee Entertainment Enterprises Ltd     521.70   Down   -13.85 (-2.59%)      NSE Data  -  www.nseindia.com (5 minutes delayed) syndicated by www.cmots.com