SRM Contractors Limited IPO

SRM Contractors IPO

SRM Contractors Limited Established in 2008, 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 activities in the Union Territories of Jammu and Kashmir and Ladakh.

The company operates as an EPC contractor and on a unit-price basis for infrastructure projects and subcontracts infrastructure construction projects.

The company has these major business verticals:

  • Road projects: planning and construction of realignment, widening, upgradation, restoration, and/or strengthening and improvement of roads, bridges, and highways and their maintenance in the Union Territories of Jammu and Kashmir and Ladakh.
  • Tunner projects: design and construction of new tunnels, cut-and-cover tunnels for avalanche and landslide protection and caverns; also includes expansion, upgradation, restoration and/or strengthening and improvement, including creation of niches/alterations in niches and stabilization of existing tunnels in the Union Territories of Jammu and Kashmir and Ladakh.
  • Slop stabilization works: planning and construction of reinforced embankment structures as part of slope stabilization work.
  • Other miscellaneous civil construction activities: construction of government housing and residential units, drainage work as well as irrigation and flood protection work.

SRM Contractors Limited IPO Timetable

IPO Open Date26 March 2024
IPO Close Date28 March 2024
Allotment Date01 April 2024
IPO Listing Date03 April 2024

SRM Contractors Limited IPO Details

Issue TypeBook Built Issue IPO
Face ValueRs. 10 Per Equity Share
IPO PriceRs. 200 to Rs. 210 Per Equity Share
Market Lot70 Shares
Listing AtNSE & BSE
Issue SizeApprox. Rs. 130 Crore.

SRM Contractors Limited IPO Lot Size

Minimum170Rs. 14700
Maximum13910Rs. 191100
Small HNI (Minimum)14980Rs. 205800
Big HNI (Minimum)694830Rs. 1014300

SRM Contractors Limited IPO Allotment Status & Forms

Click Here To Check IPO Allotment Status SRM Contractors Limited IPO

Click Here To Get ASBA Forms SRM Contractors Limited IPO

Company Financials:

Particular31 March 202331 March 202231 March 2021
Total Assets137.36120.22112.47
Total Revenue300.65265.51161.95
Profit After Tax18.7517.578.27
for accurate figures follow the company financials.

Company Promoters:

Sanjay Mehta, Ashley Mehta, and Puneet Pal Singh are the company’s promoters.

Purpose of the Issue

  • 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; and
  • General Corporate Purpose.

Registrar & Company Details

Company Contact InformationIPO Registrar
SRM Contractors Limited

Sector 3,
Near BJP Head Office,
Trikuta Nagar, Jammu -180012
Phone: +91 84918 77114
Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

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