Listed Price₹215.25
Listing Gain+2.50%
Price Band₹200 - ₹210
Lot Size70 shares
Min Bid₹14,700
Subscription86.57x
Listed Market Snapshot
₹215.25Listed price from market data
+2.50%listing gain
Issue Amount
₹130.2 Cr
Listed Price
₹215.25
Current Price
₹489.75
Registrar
Bigshare Services Private Limited
Timeline•Book Built Issue IPO
Open26 Mar 2024
Close28 Mar 2024
Allotment01 Apr 2024
Listing03 Apr 2024
Quota Reservation Portions
RetailPortion: 21,70,000 shares
35%Nii(hni)Portion: 9,30,000 shares
15%QIBPortion: 12,40,100 shares
20%Minimum Application Bracket Matrix
Retail1 lots / 70 shares
₹14,700sHNI14 lots / 980 shares
₹2,05,800bHNI69 lots / 4,830 shares
₹10,14,300About the Company
SRM Contractors Limited, founded in 2008, is a prominent infrastructure development company specializing in EPC and unit-price construction projects across Jammu & Kashmir and Ladakh. The company’s expertise spans road construction, tunnel projects, slope stabilization, and diverse civil works, demonstrating its ability to execute complex infrastructure solutions. With a strong portfolio that includes road realignment, bridge construction, and tunnel development, SRM Contractors has successfully completed 37 projects as of March 2024. Supported by a skilled workforce of 275 full-time employees, the company remains dedicated to innovation, quality, and sustainable growth in the region's infrastructure sector.
Company Promoters
Sanjay MehtaAshley MehtaPuneet Pal Singh
Lead Managers
Registrar
Bigshare Services Private Limited