SRM Contractors IPO Date, Price, GMP, Review, Details

The SRM Contractors has begun on 26-March-2024. It will close on 28-March-2024. The Total IPO Size is 130.20 Crore. The company set its IPO price is 200-210 Rs Per Share. Basically, there are three basic categories in SRM Contractors IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Retail.

SRM Contractors are an engineering construction and development company.

They engaged primarily in the construction of roads (including bridges), tunnels, slope stabilisation works and other miscellaneous civil construction activities in the Union Territories of Jammu & Kashmir and Ladakh.

They undertake construction works both as an EPC contractor and on an item rate basis for infrastructure projects.

The Company is segregated into the following independent business verticals:

1) Road Projects – The roads division undertakes the designing and construction of realignment, widening, upgradation, restoration and/or strengthening and improvements of roads& highways and their maintenance in difficult terrain of Union Territories of Jammu & Kashmir and Ladakh. Under this business division, we are also engaged in the construction of bridges including standalone bridges.

2) Tunnel Projects – The tunnel division undertakes designing and construction of new tunnels, cut and cover tunnels for avalanche and slide protection and caverns and also includes widening, upgradation, restoration and/or strengthening and improvements including providing niches/modification in niches and stabilisation of existing tunnels in difficult terrain of Union Territories of Jammu & Kashmir and

3) Slope stabilization works – Slope stabilization refers to the application of various engineering techniques, measures and methods to solidify and stabilize a slope that is either inherently unstable or insufficiently stable.

4) Other miscellaneous civil construction activities – We also undertake other construction activities such as construction of government housing and residential units, drainage works and irrigation & flood control works.

SRM Contractors Promoters Details

Sanjay Mehta, Ashley Mehta, and Puneet Pal Singh are the Promoters of the company.

SRM Contractors IPO Date, Details & Price Band

The SRM Contractors IPO Price Band, IPO Dates, Market lot and other details mention in be below table.

IPO Opening Dates 26-March-2024
IPO Closing Dates 28-March-2024
Price Band 200-210 Rs
Fresh Issue 130.20 Crore
Total IPO size 130.20 Crore
Minimum bid (lot size) 70 Shares
Face Value 10 INR Per Share
Issue Type Book Built Issue IPO
QIB Allocation 50%
HNI Allocation 15%
Retail Allocation 35%
Listing On NSE, BSE

SRM Contractors IPO Market Lot

The SRM Contractors IPO minimum market lot is 70 shares With 14,700 ₹ Amount per application.

Lot No of Shares Amount
Retail Minimum 1 70 14,700 ₹
Retail Maximum 13 910 1,91,100 ₹

Restated Financial Record of the three year (Amt. in Crore)

Total Assets Total Revenue Profit After Tax
31-Mar-23 137.36 300.65 18.75
31-Mar-22 120.22 265.51 17.57
31-Mar-21 112.47 161.95 8.27

SRM Contractors IPO GMP & Grey Market Premium

SRM Contractors IPO GMP Grey market premium has been started today. Check Latest SRM Contractors IPO GMP, Kostak Rates and Subject to Sauda Price here.

SRM Contractors IPO Prospectus

SRM Contractors IPO Prospectus Available on BSE and Sebi Website as well as on our Portal. Please click here to Download SRM Contractors IPO Prospectus.

SRM Contractors IPO Documents Download
DRHP Download
RHP Download
Anchor Investors List Download

SRM Contractors IPO Reviews

Angel Broking – Update Soon
Choice Broking – Update Soon
Prabhudas Lilladher – Update Soon

SRM Contractors IPO Form Download

SRM Contractors IPO form Available on NSE, BSE Website as well as on our Portal. Please click here to Download SRM Contractors IPO forms.

SRM Contractors IPO Allotment Date & Details

Allotment Date 01-April-2024
Initiation of refunds 02-April-2024
Transfer of shares to Demat accounts 02-April-2024
Listing Date 03-April-2024
Check Allotment Status Click here

Registrar of SRM Contractors

Bigshare Services Private Limited
Office No. S6-2, 6th Floor
Pinnacle Business Park, Next to Ahura Center
Mahakali Caves Road, Andheri East
Tel: +91 22-6263 8200
Contact Person: Babu Rapheal C.
E-mail: [email protected]
SEBI Registration No.: INR000001385
Investor Grievance E-mail: [email protected]

SRM Contractors Contact Details

SRM Contractors Limited
Sector 3,
Near BJP Head Office,
Trikuta Nagar, Jammu -180012
Phone: +91 84918 77114
Email: [email protected]

SRM Contractors IPO Lead Managers

Interactive Financial Services Limited
612, 6th Floor, Shree Balaji Heights
Kokilaben Vyas Marg, Ellisbridge
Ahmedabad – 380009, Gujarat
Tel: +91 079-46019796 / 98980 55647
Email: [email protected]
Investor Grievance Email: [email protected]
Contact Person: Jaini Jain
SEBI Registration No: INM000012856

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