Description

R M Drip and Sprinklers Systems Limited shares listed on BSE Mainboard platform through direct listing from NSE Emerge platform with shareholding pattern disclosure.

Summary

R M Drip and Sprinklers Systems Limited has completed direct listing of its equity shares on BSE Mainboard platform, transitioning from NSE Emerge platform. The company has 24,980,000 total equity shares with ISIN INE219Y01018, listed on July 24, 2025.

Key Points

  • Company Name: R M Drip and Sprinklers Systems Limited
  • NSE Symbol: RMDRIP
  • ISIN: INE219Y01018
  • Total equity shares: 24,980,000
  • Listing date: July 24, 2025
  • Direct listing from NSE Emerge to BSE Mainboard
  • Not classified as SME company
  • Not a Public Sector Undertaking (PSU)

Shareholding Pattern

  • Promoter & Promoter Group: 5,260,339 shares (21.06%)
    • Number of promoter shareholders: 5
  • Public Shareholders: 19,719,661 shares (78.94%)
    • Number of public shareholders: 1,306
  • Total Shareholders: 1,311

Regulatory Compliance

  • Shareholding pattern filed under Regulation 31(1)(a)
  • No partly paid-up shares, convertible securities, or warrants issued
  • No outstanding ESOPs or depository receipts
  • No locked-in shares or encumbered shares
  • No differential voting rights
  • Foreign ownership limit: 100% (utilized: 2.96%)

Important Dates

  • Listing Date: July 24, 2025
  • Allotment Date: July 24, 2025
  • Report Date: July 24, 2025

Impact Assessment

The direct listing represents a significant corporate milestone, allowing the company access to BSE’s larger mainboard investor base while maintaining its existing shareholder structure. The balanced shareholding pattern with 21.06% promoter holding and 78.94% public float indicates good corporate governance and liquidity potential.

Impact Justification

Direct listing from NSE Emerge to BSE Mainboard represents significant corporate milestone with moderate market impact