R M Drip & Sprinklers Systems Ltd IPO
R M Drip & Sprinklers System Ltd (RMD) is engaged in manufacture and sale of Micro Irrigation System (MIS) consisting of drip irrigation system and sprinkler irrigation system along with its components, irrigation accessories and allied products.
RM Drip designs and manufactures, world-class micro-irrigation equipment’s, In-house within its factory premises, situated at Sinnar, near Nashik. The company also assists farmers in designing and installation of their Sprinkler and Drip Irrigations Systems, according to their specific needs.
RMD’s revenue mix comprises of open market and project market models. Majority of its revenue comes from open market with the help of channel partners. RMD operates in states of Maharashtra, Gujarat, Karnataka and MP. Company’s product range include HDPE Pipes, Pipes Fittings and Irrigation Equipments including drip/sprinkler systems, Disc Filters, Screen filters, Hydro-Cyclone filters, Sand (Gravel) filters, Compression fittings, valves (Electric & Mechanical), Fertilizer Tanks etc.
Objects of the R M Drip & Sprinklers Systems Ltd IPO:
R M Drip & Sprinklers Systems Ltd IPO Details:
|Open Date:||Sep 19 2017|
|Close Date:||Sep 25 2017|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Book Built Issue IPO|
|Issue Size:||11.46 Cr.|
|Lot Size:||2000 Shares|
|Issue Price:||₹ 53-57 Per Equity Share|
|Listing At:||NSE Emerge|
|Listing Date:||Oct 04 2017|