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IPO
SRM Contractors Ltd.
Issue Open Date 26-Mar-24  
Issue Closing Date 28-Mar-24  
Application Money 100  
Allotment Money  
Price Band (Rs.) 200-210  
Minimum Bid Quantity. 70  
Issue Size (Shares) 6200000  
Market Lot 1  
Objective :
1. Funding capital expenditure requirements for the purchase of equipment/machineries;2. Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by our Company;3. Funding the working capital requirements of our Company;4. Investment in Project Specific Joint Venture Projects; and5. General Corporate Purpose.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors   930000   199889690   214.94  
Qualified Institutional Buyers   1240100   73902710   59.59  
Retail Individual Investors   1240100   73902710   59.59  
Business Description
We are an engineering construction and development company 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
Promoter's Holding
Total Share Capital   16731000  
Offered to Public   6200000  
Promoter's Holding (Pre-Issue)   99.92  
Promoter's Holding (Post-Issue)    
More..
Address
Sector 3
Near Bjp Head Office
Trikuta Nagar

Jammu ,
Jammu & Kashmir ,
180012
Phone : 8491877114 / 0191-2472729
Email :
Website : www.srmcpl.com
Registrar
Bigshare Services Pvt Ltd
Office No S6-2
6th Floor
Pinnacle Business Park
Next to Ahura Centre
Mahakali Caves Road
Andheri (E)
Mumbai
Listed at
BSE, NSE
Lead Manager
Interactive Financial Services Ltd.
Promoters
Ashley Mehta
Puneet Pal Singh
Sanjay Mehta