SRM CONTRACTORS LTD. IPO was launched on 26-Mar-24. Here is all you need to know about this IPO.
SRM CONTRACTORS LTD. IPO Details | |
---|---|
Issue Opening Date | 26-Mar-24 |
Issue Closing Date | 28-Mar-24 |
Issue Type | ONLY FRESH CAPITAL |
Issue Size (INR bn) | 1.3 |
Fresh Issue (No.of shares) | 6,200,000 |
Offer for Sale (No.of shares) | - |
Face Value (INR) | 10.00 |
IPO Price Band (INR) | 200 to 210 |
Market Lot (No.of shares) | 70 |
Min Order Quantity | 70 |
Listing At | NSE / BSE |
Pricing Method | BOOKBUILDING |
Year of Incorporation | 2008 |
Industry | ROADS & HIGHWAYS |
Total Issue Size (No.of shares) | 6,200,000 |
Objects Of Issue | CAPITAL EXPENDITURE REQUIREMENTS FOR THE PURCHASE OF EQUIPMENT/MACHINERIES #FULL OR PART REPAYMENT AND/OR PREPAYMENT OF CERTAIN OUTSTANDING SECURED BORROWINGS AVAILED BY COMPANY #WORKING CAPITAL REQUIREMENTS #INVESTMENT IN PROJECT SPECIFIC JOINT VENTURE PROJECTS #GENERAL CORPORATE PURPOSE #ISSUE RELATED EXPENSES |
Registrar Details | BIGSHARE SERVICES PVT.LTD. |
SRM CONTRACTORS LTD. IPO Timetable | |
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Bid/Offer Launch Date | 26-Mar-24 |
Bid/Offer Close Date | 28-Mar-24 |
Basis of Allotment Finalization Date | - |
Initiation of Refunds | - |
Credit of Shares to Demat Account | - |
Listing Date | 3-Apr-24 |
SRM CONTRACTORS LTD. IPO Shares Offered | |
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Category | Shares Offered |
QIB | 3,100,000 |
HNI | 930,000 |
Retail | 2,170,000 |
Employee | - |
Others | - |
Total | 6,200,000 |
SRM CONTRACTORS LTD. IPO Promoter Holding | |
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Pre Issue Share Holding | 100% |
Post Issue Share Holding | 73% |
SRM CONTRACTORS LTD. Overall Subscription details (Times subscribed) | |
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Category | Subscription Status |
QIB | 23.91 |
HNI | 214.68 |
Retail | 45.86 |
Employee | - |
Others | - |
Total | 60.21 |
SRM CONTRACTORS LTD. Date wise Subscription | |||||||
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Date | QIB | HNI | Retail | Employee | Mutual Funds | Others | Total |
Day 1 (26-Mar-24) | 1.65 | 6.26 | 3.55 | - | 0.02 | - | 2.79 |
Day 2 (27-Mar-24) | 2.53 | 45.51 | 13.95 | - | 0.10 | - | 12.49 |
Day 3 (28-Mar-24) | 62.72 | 214.94 | 46.97 | - | 0.17 | - | 60.90 |
SRM CONTRACTORS LTD. Financials | ||||
---|---|---|---|---|
Year Ending | - | - | - | |
Total Income | (Rs m) | - | - | - |
Total Expenditure | (Rs m) | - | - | - |
Net Profit After Tax | (Rs m) | - | - | - |
Company Address | NEAR BJP HEAD OFFICE, SECTOR 3,TRIKUTA NAGAR, JAMMU 180012, JAMMU & KASHMIR |
Data Sourced from:
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Below is the schedule for the same:
SRM CONTRACTORS LTD. IPO
IPO opens on: 26-Mar-24
IPO closes on: 28-Mar-24
The lot size of SRM CONTRACTORS LTD. IPO is 70 shares. Investors will need to apply for a minimum order of 70 shares and in multiples thereof.
An investor can apply in SRM CONTRACTORS LTD. IPO online using either UPI or Application Supported by Blocked Amount (ASBA) as payment method.
While ASBA IPO application is available in the net banking section, UPI IPO application is offered by brokers who don't offer banking services.
The tentative finalization of basis of allotment for SRM CONTRACTORS LTD. IPO will be done on -, and the allotted shares will be credited to your demat account by -.
The tentative listing date of SRM CONTRACTORS LTD. IPO is scheduled for 3-Apr-24.
Shares of SRM CONTRACTORS LTD. are expected to list on NSE / BSE.
At present, one share of SRM CONTRACTORS LTD. has a face value of Rs 10.00.
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