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SRMEQ / NSE, BSEListed
SRM Contractors

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.

DRHPANCHOR
₹200 - ₹21086.57x sub
Listed Price₹215.25
Listing Gain+2.50%

IPO Schedule & Timeline

Book Built Issue IPO
Open26 Mar 2024
Close28 Mar 2024
Allotment01 Apr 2024
Listing03 Apr 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail21,70,000 shares
35%
Nii(hni)9,30,000 shares
15%
QIB12,40,100 shares
20%

Minimum Application Lots

Retail1 Lot (70 shares)
₹14,700
sHNI14 Lots (980 shares)
₹2,05,800
bHNI69 Lots (4,830 shares)
₹10,14,300

Company Promoters

Sanjay MehtaAshley MehtaPuneet Pal Singh

Company Background

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 solu...

Lead Managers & Bankers

Interactive Financial Services Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Dec-23 )₹242.28 Cr
Growth+49.6%
Revenue Trend (₹ in Crores)
0.0115.2230.5345.7Mar-21Mar-22Mar-23Dec-23
PeriodRev (Cr)PAT (Cr)AssetsDebt
Dec-23 242.2821.07168.8742.32
Mar-23300.6518.75137.3647.16
Mar-22265.5117.57120.2231.52
Mar-21161.958.27112.4731.96

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Dec-23 12.580%29.43%4.1718.76
Mar-23 90.820%35.04%00
Mar-2285.110%42.16%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
01 Apr 2024
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
03 Apr 2024

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for SRM Contractors. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization01 Apr 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date03 Apr 2024Trading commences on exchange

How to Check SRM Contractors Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select SRM Contractors from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About SRM Contractors IPO

Complete issue overview for SRM Contractors (SRM) IPO. The issue features an equity share price band of ₹200 – ₹210 per share with a minimum retail lot size of 70 Shares (minimum application amount of ₹14,700). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions