R M Drip IPO Subscription Details

Bookbuilding IPO | ₹11 Cr | Listed at NSE SME | Tue, Sep 19, 2017 - Mon, Sep 25, 2017

Basis of Allotment - R M Drip IPO

Category NII Retail Total
Allocation (No. of shares)9,50,0009,50,00019,00,000
Allotment price (Rs.)575757
No.of applications67405472
No.of shares applied11,50,0008,10,00019,60,000
Amount collected (Rs.cr.)6.56 4.62 11.17
No.of times subscribed1.210.851.03
No.of shares allotted10,90,0008,10,00019,00,000
Amount (Rs.cr.)6.21 4.62 10.83
No.of allottees0405405

IPO Shares Offered

R M Drip IPO is a public issue of 0.19 Cr equity shares. The issue offers 0.10 Cr shares to retail investors, 0.00 Cr shares to qualified institutional buyers, and 0.10 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker1,10,0000.63 5.47%
NII 9,50,0005.42 47.26%
Retail9,50,0005.42 47.26%
Total20,10,00011.46 100%

IPO Subscription FAQs

The R M Drip IPO is subscribed 1.2663 times by Sep 25, 2017 17:00.

R M Drip IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional1.5347
Retail Individual0.9979
Total Subscription1.2663

Retail category of R M Drip IPO subscribed 0.9979 times as of date Sep 25, 2017 17:00. The public issue closes on Mon, 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 1.2663 times by Sep 25, 2017 17:00.

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 October 4, 2017. The equity share of R M Drip IPO 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 OnTuesday, September 19, 2017
IPO Closes OnMonday, September 25, 2017
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateWednesday, October 4, 2017
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