📅Offer Date: 19 Sept 2017 – 25 Sept 2017
Data sourced from BSE & NSE · Last updated
R M Drip and Sprinklers Systems Limited IPO was subscribed 1.27x in total when bidding closed on 25 Sept 2017, with 0.00x in the QIB category, 1.53x in NII, 0.99x in retail. The issue ran from 19 Sept 2017 to 25 Sept 2017 at a price band of ₹53.00–₹57.00 per share.
Times subscribed by category against the 1× line.
Based on retail subscription (0.99x). Final allotment decided by registrar's computerised lottery.
| Category | Offer | Applied | Times |
|---|---|---|---|
| QIBs | 0 | 0 | 0.00x |
| NIIs | 9,50,000 | 14,53,500 | 1.53x |
| Retail | 9,50,000 | 9,40,500 | 0.99x |
| Total | 19,00,000 | 24,13,000 | 1.27x |
| Category | Offered | Demand | Times |
|---|---|---|---|
| QIBs | — | — | 0.00x |
| NIIs | 5.42 | 8.28 | 1.53x |
| Retail | 5.42 | 5.36 | 0.99x |
| Total | 10.83 | 13.65 | 1.27x |
Values derived from share count × issue price (₹57.00)
Because R M Drip and Sprinklers Systems Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.
NSE SME listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.