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R M Drip IPO Subscription Details (Live Status)

R M Drip IPO Details

IPO Open Sep 19, 2017
IPO Close Sep 25, 2017
IPO Price ₹57
Face Value ₹10
IPO Size ₹11.46 Cr
Listing At NSE SME
Lot Size 2000
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R M Drip IPO Subscription Status Live

R M Drip IPO subscribed [.] times. The public issue subscribed [.] times in the retail category, [.] times in QIB, and [.] times in the NII category by Sep 25, 2017.

Investor CategorySubscription (times)
Qualified Institutions[.]
Non-Institutional Buyers[.]
Retail Investors[.]
Employees[.]
Others[.]
Total[.]

R M Drip IPO Subscription Details (times)

DateQIBNIIRIIEMPOthersTotal
Day 1
Sep 19, 2017
Day 2
Sep 20, 2017
Day 3
Sep 21, 2017
Day 4
Sep 22, 2017
Day 5
Sep 25, 2017

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Individual investors, NRIs, companies, trusts, etc who bid for more than Rs 2 lakhs are known as Non-institutional bidders or NII. They need not register with SEBI like QIIs. On 1st May 2022, SEBI introduced a new sub-category as Small NII for applications between Rs 2 lakhs to Rs 10 lakhs.

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

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R M Drip IPO Subscription FAQs

The R M Drip IPO is subscribed [.] by Sep 25, 2017.

R M Drip IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional[.]
Retail Individual[.]
Employee Reservations[.]
Others[.]
Total Subscription[.]

Retail category of R M Drip IPO subscribed [.] times as of date Sep 25, 2017. The public issue closes on Sep 25, 2017 for bidding.

An investor can apply in R M Drip IPO online via bank (using ASBA) or the broker (using UPI). The R M Drip IPO shares are offered online only.

The R M Drip IPO is subscribed [.] by Sep 25, 2017.

The R M Drip IPO allotment status is expected on or around . Visit R M Drip IPO allotment status to check.

The R M Drip IPO listing date is Wednesday, October 4, 2017. The equity share of R M Drip & Sprinklers Systems Ltd will list on NSE SME.

Visit R M Drip IPO subscription status page for real-time bidding information about R M Drip IPO.

R M Drip IPO Timetable

IPO Opens OnSep 19, 2017
IPO Closes OnSep 25, 2017
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date