Book Building - SME
₹ 11.46 cr
₹ 57
2000
₹ 1,14,000.00
NSE - SME
19-Sept-2017
25-Sept-2017
04-Oct-2017
The Shares of R M Drip & Sprinklers Systems Ltd have now been listed.
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.
Funding the working capital requirements of the company. General corporate purpose.
R M Drip & Sprinklers Systems Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093
Phone - 91-22-62638200
Fax - 91-22-63638299
Email - info@rmdrip.com
Website - www.rmdrip.com