IPO IPO-Synopsis
SRM Contractors Ltd

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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 Rs10 each ("Equity Shares") of SRM Contractors Limited ("The Company" or the "Issuer") for cash at a price of Rs210 per equity share (including a securities premium of Rs200 per equity share) ("Issue Price") aggregating up to Rs130.20 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 Rs10 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 Rs210.00-0.00 Rs0.00-0.00
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 Rs210.00  
Projects
Funding capital expenditure requirements for the purchase of equipment/machineriesInvestment in joint venture projects
Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the companyGeneral corporate purposes
Funding the working capital requirement
Promoted By
Sanjay Mehta
Ashley Mehta
Puneet Pal Singh
Listing At
BSE 
NSE 
Registrar to the Issue
Bigshare Services Pvt Ltd