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RM Drip & Sprinklers Systems IPO is a Book Building IPO listing on NSE EMERGE exchange, with an ipo size of ₹ 11.46 Cr. The company is based in Nashik and caters to Engineering sector. Pantomath Capital Advisors is the merchant banker of RM Drip & Sprinklers Systems IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 10th October 2017.
RM Drip & Sprinklers Systems IPO open date is 19th September 2017 and close date is 25th September 2017. IPO Allotment Date is 30th November -0001 and Listing date is 4th October 2017.
IPO
Size:
₹ 11.46 Cr.
Avg IPO Size (Sector Based)
: ₹
23.58 cr.
Sector: Engineering
SME
IPO so far:
103
Merchant Banker:
Pantomath Capital
SME
IPO by BRLM so far:
104
City:
Nashik
SME
IPO so far:
13
Revenue (annualised):
₹
28.73
cr. 
PE
Ratio:
28.00x
Average Sector PE Ratio: 15.22x
RM Drip & Sprinklers Systems IPO size is ₹ 11.46 Cr. with IPO price of ₹ 57.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Pantomath Capital Advisors Private Limited is the book-running lead manager of the RM Drip & Sprinklers Systems IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Pantomath Stock Brokers Private Limited for RM Drip & Sprinklers Systems IPO.
RM Drip & Sprinklers Systems IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
RM Drip & Sprinklers Systems IPO, based in Nashik, operates in the Engineering sector with a focus on manufacture and sale of Micro Irrigation System. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. RM Drip & Sprinklers Systems IPO size is ₹ 11.46 Cr. with fresh issue size of ₹ 11 and Offer for sale being ₹ Nil
The IPO allotment date for RM Drip & Sprinklers Systems IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check RM Drip & Sprinklers Systems IPO allotment status on the registrars website, Bigshare Services Private Limited . RM Drip & Sprinklers Systems IPO refund dates are 30th November -0001.
RM Drip & Sprinklers Systems IPO is expected to be listed on 4th October 2017.
The upper price band for the RM Drip & Sprinklers Systems IPO is set at ₹ 57.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on RM Drip & Sprinklers Systems IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the RM Drip & Sprinklers Systems IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 25th September 2017. After submission, funds are blocked until the basis of allotment of RM Drip & Sprinklers Systems IPO is finalised.
The merchant banker for RM Drip & Sprinklers Systems IPO is Pantomath Capital Advisors Private Limited . Pantomath Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the RM Drip & Sprinklers Systems IPO RHP for further details.
The registrar for RM Drip & Sprinklers Systems IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to RM Drip & Sprinklers Systems IPO through their official website or helpline.
RM Drip & Sprinklers Systems IPO was subscribed 0.00 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 11.46 Cr.
Avg IPO Size (Sector Based)
:
₹ 23.58 Cr.
Sector: Engineering
SME
IPO so far:
103
Merchant Banker:
Pantomath Capital
SME
IPO by BRLM so far:
104
City:
Nashik
SME
IPO so far:
13
Revenue (annualised):
₹ 28.33 cr.
PE
Ratio:
28.00x
Average Sector PE Ratio: 15.22x
RM Drip & Sprinklers Systems IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on RM Drip & Sprinklers Systems Financial Review Page
Merchant Banker(s) of RM Drip & Sprinklers Systems IPO: Pantomath Capital Advisors Private Limited
RM Drip & Sprinklers Systems IPO subscription was 0.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
RM Drip & Sprinklers Systems IPO listed at a listing price of 58.80 against the offer price of 57.00.
The current market price of RM Drip & Sprinklers Systems is 590.00.
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