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graph-market IPO

SRM Contractors Ltd

Registered Office: Sector 3 Near BJP Head Office,Trikuta Nagar, Jammu - 180012, Jammu & Kashmir, India.
Phone : +91 84918 77114/+0191 2472729   Fax:
Email :  cs@srmcpl.com  
Website :  www.srmcpl.com

Initial public offering of up to 62,00,000 equity shares of face value of Rs. 10 each ("Equity Shares") of SRM Contractors Limited ("The Company" or the "Issuer") for cash at a price of Rs. 210 per equity share (including a securities premium of Rs. 200 per equity share) ("Issue Price") aggregating up to Rs. 130.20 crores ("The Issue"). The issue will constitute 27.02 % of our post-issue paid-up equity share capital. The face value of the equity shares is Rs. 10 each and the issue price is 21 times the face value of the equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
26-Mar-24 28-Mar-24 210.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 70   Further Multiples of : 70
  Rs Cr Lead Managers to the Issue
Project Cost 123.38 Interactive Financial Services Ltd
Project Financed through Current Offer 130.20  
Post Issue Equity Share Capital 22.94  
Issue Price 210.00  

Projects

  • Funding capital expenditure requirements for the purchase of equipment/machineries
  • Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the company
  • Funding the working capital requirement
  • Investment in joint venture projects
  • General corporate purposes

Promoted By

Sanjay Mehta

Ashley Mehta

Puneet Pal Singh

Listing At

BSE

NSE

Registrar to the Issue

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