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IPO

IPO Details


SRM Contractors Ltd
Registered Office: Sector 3 Near BJP Head Office, Trikuta Nagar, Jammu - 180012, Jammu & Kashmir
Phone: +91 84918 77114/+0191 2472729
Email: cs@srmcpl.com
Website: www.srmcpl.com
Initial public offering of up to 62,00,000 equity shares of face value of Rs. 10 each ("Equity Shares") of SRM Contractors Limited ("The Company" or the "Issuer") for cash at a price of Rs. 210 per equity share (including a securities premium of Rs. 200 per equity share) ("Issue Price") aggregating up to Rs. 130.20 crores ("The Issue"). The issue will constitute 27.02 % of our post-issue paid-up equity share capital. The face value of the equity shares is Rs. 10 each and the issue price is 21 times the face value of the equity shares.
Issue Money Payable On
Opens On Closes On Application Allotment
26-Mar-2024 28-Mar-2024 ₹ 210.00 ₹ 0.00
Minimum Application for shares in Nos : 70.0 Further Multiples of : 70.0
(₹)Cr. Lead Managers to the Issue
Project Cost 123.38 Interactive Financial Services Ltd
Project Financed through Current Offer 130.20
Post Issue Equity Share Capital 22.94
Issue Price ₹210.00
Projects
Funding capital expenditure requirements for the purchase of equipment/machineries
Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the company
Funding the working capital requirement
Investment in joint venture projects
General corporate purposes
Promoted By
Sanjay Mehta
Ashley Mehta
Puneet Pal Singh
Listing At
BSE
NSE
Registrar to the Issue
No Data Available

INDIAN INDICES

Sensex

83,432.89 193.42 (0.23%)

Nifty

25,461.00 55.70 (0.22%)

GLOBAL INDICES

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NASDAQ
HANG SENG

23,916.07 -153.88(-0.64%)