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R M Drip & Sprinklers Systems Ltd

Registered Office : Gat No.475 Village Gonde,Taluka Sinnar,Nashik Maharashtra 422113 Phone : 91-2551-218919
Fax :

Email : info@rmdrip.com

Website : www.rmdrip.com

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.

Issue

Opens On

Closes On

19-Sep-2017

25-Sep-2017

Money Payable On

Application

Allotment

57.00

0.00

Minimum Application for shares in Nos : 2000.0 Further Multiples of : 2000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

11.46

6.69

57.00

Pantomath Capital Advisors Pvt Ltd

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