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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  

Project

  • 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

Bigshare Services Pvt Ltd

Attention Investor:

1) "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         2) For Stock Broking Transaction "Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors."         3) For Depository Transaction "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....Issued in the interest of investors."         4) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.