SRM Contractors Limited

SRM Contractors Limited

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₹14,700(70 Shares)

Minimum Investment

IPO Dates

Mar 26, 2024 – Mar 28, 2024

Price Band

₹200–210 per equity share

Lot Size

70

Listing

Apr 3, 2024

Listing At

BSE, NSE

Mar 26, 2024Open DateCompleted
Mar 28, 2024Close DateCompleted
TBAAllotment DateUpcoming
Apr 3, 2024Listing DateCompleted

SRM Contractors Limited Live Subscription Details

All IPOs
Retail46.97x
QIB59.59x
NIIs
214.94x

NII Sub-Categories

sHNI (< ₹10L)

Bids ₹2L to ₹10L

203.67x

bHNI (> ₹10L)

Bids above ₹10L

220.57x

Overall Subscription

Total Bids Received

86.57x

SRM Contractors Limited IPO Issue Details

Issue Price
₹200-210 Per Equity Share
Face Value
₹10 Per Equity Share
Fresh Share
62,00,000 shares(aggregating up to ₹130.2 crore)
Listing At
BSE, NSE
Listing Date
Apr 3, 2024
Registrar
Bigshare Services Pvt Ltd

Market Lot Details

CategoryLotsSharesAmount
sHNI (Min)14980₹2,05,800
sHNI (Max)684,760₹9,99,600
bHNI (Min)694,830₹10,14,300

Reservation Details

NII15%

Shares Offered

9,30,000

QIB20%

Shares Offered

12,40,100

Anchor30%

Shares Offered

18,59,900

Company Information

SRM Contractors Limited is a construction and development company primarily engaged in the construction of roads (including bridges), tunnels, slope stabilization works, and other construction activit...

Valuations

EPS (Pre-IPO)

11.2

EPS (Post-IPO)

12.24

P/E (Pre-IPO)

18.76

P/E (Post-IPO)

17.15

RoNW

25.02%

PAT Margin

8.98%

P/B Value

4.17

Financial Information (₹ in Crores)

MetricFY 23FY 22FY 21
Total Assets137.36120.22112.47
Total Revenue300.65265.51161.95
Profit After Tax18.7517.578.27
Net Worth63.1644.4126.85

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Funding capital expenditure requirements for the purchase of equipment/machinery
  2. 2Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the company
  3. 3Funding the working capital requirements of the company
  4. 4Investment in Project Specific Joint Venture Projects
  5. 5General Corporate Purpose.

SRM Contractors Limited – Promoter(s)

Sanjay Mehta
Ashley Mehta
Puneet Pal Singh

Contact Details

Corporate Office

Sector 3, Near BJP Head Office, Trikuta Nagar, Jammu -180012

+91 84918 77114

cs@srmcpl.com

Visit Website

SRM Contractors Limited Allotment & Registrar Details

Check Allotment

Bigshare Services Pvt Ltd

+91-22-6263 8200

ipo@bigshareonline.com

Visit Registrar Website

SRM Contractors Limited IPO Documents

Frequently Asked Questions — SRM Contractors Limited IPO

The SRM Contractors Limited IPO price band is set at ₹200.00 to ₹210.00 per equity share.

The lot size for SRM Contractors Limited IPO is 70 shares per lot. The minimum investment amount is approximately ₹14,700.

The SRM Contractors Limited IPO opens on Mar 26, 2024 and closes on Mar 28, 2024.

SRM Contractors Limited IPO is expected to be listed on Apr 3, 2024 on BSE, NSE.

The registrar for SRM Contractors Limited IPO is Bigshare Services Pvt Ltd. You can contact them at ipo@bigshareonline.com.

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