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SRM Contractors Limited IPO Date, Price, Review and Details

 

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SRM Contractors Limited IPO

March 26, 2024 - March 28, 2024 Closed

SRM Contractors Limited IPO

SRM Contractors Limited engaged in the construction of roads including bridges, tunnels, slope works and other miscellaneous. Their Company also subcontracting roles for infrastructure construction projects. They have completed road tunnels, and slope projects in the challenging landscape of Jammu & Kashmir and Ladakh. The company, both on its own and in collaboration with project-specific joint ventures, has finished a total of thirty-eight infrastructure projects.

Company Promoters:

  • Sanjay Mehta
  • Ashley Mehta
  • Puneet Pal Singh

Objects of this Issue:

  • Funding capital expenditure requirements for the purchase of equipment/machineries.
  • Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by their Company.
  • Funding the working capital requirements of their Company.
  • Investment in Project Specific Joint Venture Projects.
  • General Corporate Purpose

Financial Information of the Company:

 

Amount in Million (Rs.)

As on 31 Mar 2023

As on 31 Mar 2022

As on 31 Mar 2021

Total Assets

13,736.19

12,021.59

11,246.95

Total Liabilities

7,420.12

7,580.12

8,562.25

Net Profit

1,874.62

1,756.77

827.28

SRM Contractors Limited IPO Schedule

1.     Bid or Offer Opens on: 26 March 2024

2.     Bid or Offer Closes on: 28 March 2024
3.     Finalization of BoA: 01 April March 2024
4.     Initiation of Refunds: 02 April 2024
5.     Credit of share to Demat account: 02 April 2024
6.     Listing Date: 03 April 2024

SRM Contractors Limited IPO Lot Size

The market lot size of the SRM CONTRACTORS LIMITED IPO is 1 share. Minimum and Maximum order quantity is as follows:

Application

Lots

Shares

Amount

Retail

Minimum

1

70

₹14,700

Maximum

13

910

₹191,100

S-HNI

Minimum

14

980

₹205,800

S-HNI

Maximum

68

4,760

₹999,600

B-HNI

Minimum

69

4,830

₹1,014,300

Company Contact Details:

SRM Contractors Limited IPO

Sector 3, Near BJP Head Office, Trikuta Nagar,

Jammu -180012, Jammu and Kashmir, India

Phone: +91 84918 77114 / + 0191 2472729

Email:  cs@srmcpl.com

Website: www.srmcpl.com

 

SRM Contractors Limited IPO Registrar Details:

Bigshare Services Private Limited

Office No. S6-2, 6th FloorPinnacle Business Park,

Next to Ahura CenterMahakali Caves Road, Andheri East, Mumbai-400093

Phone: +91 22-6263 8200

Email:  ipo@bigshareonline.com

Website: www.bigshareonline.com


Frequently Asked Question

You can apply for an IPO from any place via the internet as it is an online process. You can apply for an IPO using 2 methods i.e., ASBA and UPI. ASBA facility is provided by your bank and UPI method is offered by your stockbroker. You can invest in SRM Contractors Limited IPO by using any one of these methods at your convenience.
Pre-issue shareholdings of srm construction services limited market promoters are 99.92%.
You will receive the allotted shares in your Demat account on April 01, 2024.
SRM Contractors Limited IPO shares will get listed at NSE, BSE.
Post-issue shareholdings of srm construction services ltd promoters are [.]%.
Market lot size of the SRM Contractors Limited IPO is 70 shares.
srm contractors private limited will be closed on 28 March 2024.
Price of 1 share of SRM Contractors Limited IPO is ₹200 to ₹210.
Face value of equity shares of srm contractors private limited is ₹10.
If you do not get the allotment of platinum industries private limited shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
SRM Contractors Limited IPO will get listed on April 03, 2024.
SRM Contractors Limited IPO customer care number is +91 9350316010.
The meaning of "SRM Contractors Limited IPO GMP " is the Grey Market Premium (GMP) for the initial public offering (IPO) of SRM Contractors Limited IPO on the current day.
SRM Contractors Limited IPO is going to open on 26 March 2024.
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