Company Name | SRM Contractors Limited |
Open Date | 26-03-2024 |
Close Date | 28-03-2024 |
Exchange | BSE, NSE |
Lot Size | 70 Shares |
Issue Price | ₹200 to ₹210 per share |
Issue Size | 62,00,000 shares |
Application Amount | Min. Inv. - ₹ 14,700 (70 shares) Max. Inv. – ₹ 1,91,100 (910 shares) |
Recommendation | Apply |
SRM Contractors Limited was originally incorporated in the year 2008 and has its registered office in Trikuta Nagar, Jammu, India. The company is 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 and Ladakh. Company undertakes construction works both as an EPC contractor and on an item rate basis for infrastructure projects. Company has emerged as a key player in infrastructure construction industry in the Union Territories of Jammu & Kashmir and Ladakh and has developed technical capabilities to execute projects in hilly/ challenging terrain in the region. As of January 31st, 2024, the Company had 275 employees on its payroll.
For the Period Ended | Mar-21 | Mar-22 | Mar-23 | Dec-23 |
Total Assets | 112.47 | 120.22 | 137.36 | 168.87 |
Net Assets | 26.85 | 44.41 | 63.16 | 84.23 |
Total Borrowings | 31.96 | 31.52 | 47.16 | 42.32 |
Total Revenue | 161.95 | 265.51 | 300.65 | 242.28 |
Profit After Tax | 8.27 | 17.57 | 18.75 | 21.07 |
Opening Date | 26/03/2024 |
Closing Date | 28-03-2024 |
Basis of Allotment | 01-04-2024 |
Initiation of Refunds | 02-04-2024 |
Credit of Shares to Demat | 02-04-2024 |
Listing Date | 03-04-2024 |
Funding capital expenditure requirements for the purchase of equipment/machinery. |
Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the company. |
Funding the working capital requirements of the company. |
Investment in Project Specific Joint Venture Projects. |
General corporate purposes. |
Registered Office | SRM Contractors Limited Sector 3, Near BJP Head Office, Trikuta Nagar, Jammu -180012 |
Phone | +91 84918 77114 |
cs@srmcpl.com | |
Website | https://srmcpl.com/ |
SRM Contractors IPO DRHP |
SRM Contractors IPO RHP |
Name | Bigshare Services Pvt Ltd |
Phone | +91-22-6263 8200 |
ipo@bigshareonline.com | |
Website | https://ipo.bigshareonline.com/ipo_status.html |
QIB Shares Offered | Not more than 50.00% of the Net offer |
Retail Shares Offered | Not less than 35.00% of the Offer |
NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
Share Holding Pre Issue (Promoters) | 99.92% |
Share Holding Post Issue (Promoters) | 72.92% |