247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

R M Drip & Sprinklers Systems Limited IPO (R M Drip & Sprinklers Systems IPO) Details

R M Drip & Sprinklers Systems Limited is an Engineering based company, located in Nashik, R M Drip & Sprinklers Systems Limited IPO size was 11.46 Cr. and was issued at 57.00 per share. The share of R M Drip & Sprinklers Systems Limited were listed at 58.80 per share and are currently trading at 401.00 per share.

Type :
Sub Sector : Manufacture And Sale Of Micro Irrigation System
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
28.73 Cr.

PAT :
1.36 Cr.

Pricing Report

Issue Price :
57.00

Listing Price :
58.80

Current Market Price :
401.00

Issue Price vs CMP :
344 (603.51%)

listing Price vs CMP :
342.2 (581.97%)

Performance Report (CAGR* wise)

CAGR : 30.62
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About R M Drip & Sprinklers Systems

Company Information
R M Drip & Sprinklers Systems Limited can be broadly categorized into two categories: project markets and open market sales
In the open market sales model, the company secures a majority of the sale proceeds of the Micro Irrigation Systems (MIS) upfront from its channel partners. These channel partners, in turn, sell the MIS to the customers or farmers, with subsidy disbursement exposure being handled by either the channel partners or the customers.
The company operates under the project market model in the states of Gujarat, Karnataka, and Madhya Pradesh. In this model, once subsidy eligibility is approved by the nodal agency in these states, the company installs the MIS and submits its claim for payment to the nodal agency. In the project market, the exposure of
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Object of Issue
  • Funding the working capital requirements of the company
  • General Corporate Purposes

R M Drip & Sprinklers Systems SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Oct, 2017
IPO Size :
11.46 Cr.
PE Multiple :
28.00
IPO Registrar:
Bigshare Services Private Limited
Anchor Investors:

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FAQs

R M Drip & Sprinklers Systems operates in Engineering and Manufacture And Sale Of Micro Irrigation System. The Issue is listed on NSE EMERGE in Oct, 2017. R M Drip & Sprinklers Systems IPO size was 11.46 Cr. with Issue price of 57.00 .

R M 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.

R M Drip & Sprinklers Systems IPO listed at a listing price of 58.80 against the offer price of 57.00.

The current market price of R M Drip & Sprinklers Systems is 401.00.

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