R M Drip and Sprinklers Systems Limited IPO – GMP, Review, Share Price, Subscription, and Details

IPOGMPTracker

IPOGMPTracker Team

Sep 19, 2017 · 2 min read

R M Drip and Sprinklers Systems Limited IPO – GMP, Review, Share Price, Subscription, and Details
IPO GUIDE
IPOGMPTRACKER

Complete analysis of the R M Drip and Sprinklers Systems Limited initial public offering (IPO), including daily grey market premium (GMP) updates, subscription trends, and allotment links.

1.R M Drip and Sprinklers Systems Limited IPO Overview

The initial public offering (IPO) of R M Drip and Sprinklers Systems Limited is a public issue under the SME board. The subscription window is scheduled to open on Sep 19, 2017 and close on Sep 25, 2017, with the price band fixed at ₹53–57 per equity share.

2.Issue Details at a Glance

DetailValue
Bidding DatesSep 19, 2017 – Sep 25, 2017
Price Band₹53–57
Lot Size2000 shares
Minimum Investment₹1,06,000
Issue SizeTBA
Listing AtNSE SME

3.Bidding, Allotment & Listing Timeline

  • Bidding opens: Sep 19, 2017
  • Bidding closes: Sep 25, 2017
  • Allotment date: TBA
  • Listing date: 2025-07-30
  • Minimum investment: ₹1,06,000 for 2000 shares

4.R M Drip and Sprinklers Systems Limited IPO GMP Today

No grey market premium has been recorded for R M Drip and Sprinklers Systems Limited yet. GMP is an informal, unregulated indicator of listing-day sentiment and is not published by any exchange.

5.How to Apply for R M Drip and Sprinklers Systems Limited IPO

  1. 1Open IPOGMPTracker or use your broker's app or net banking ASBA facility.
  2. 2Search for "R M Drip and Sprinklers Systems Limited IPO" and select it from the list of current issues.
  3. 3Choose your demat account and enter your bid quantity in multiples of the 2000-share lot, at a price within the ₹53–57 band (or bid at cut-off, if eligible).
  4. 4Submit the application and approve the UPI mandate request when it arrives — funds stay blocked in your account and are debited only on allotment.

Allotment is expected to be finalised around TBA, with listing tentatively scheduled for 2025-07-30 on BSE and NSE. Once finalised, check your status on the R M Drip and Sprinklers Systems Limited IPO allotment status page.

6.How to Track Subscription & Allotment

7.Conclusion

R M Drip and Sprinklers Systems Limited opens on Sep 19, 2017 and closes on Sep 25, 2017 at ₹53–57 per share. Read the offer documents in full and consult a qualified adviser before applying — nothing on this page is investment advice.

Track it on IPOGMPTracker

Continue reading in-depth IPO analysis, allotment guides, and investment tutorials

View All
Lumino Industries

Lumino Industries

LiveMainboard
GMP +44

Price Band: 78–₹82

Hy-Tech Engineers

Hy-Tech Engineers

LiveMainboard
GMP +40

Price Band: 50–₹53

Kwick Forensic Solutions

Kwick Forensic Solutions

LiveSME
GMP +36

Price Band: 85–₹90

Sumax Engineering

Sumax Engineering

LiveSME
GMP +18

Price Band: 95–₹101

Rays of Belief

Rays of Belief

UpcomingMainboard
GMP +13

Price Band: 227–₹239

Deepa Jewellers

Deepa Jewellers

UpcomingMainboard
GMP +11

Price Band: 168–₹177