SRM Contractors IPO Will Open On 26-03-2024 and end on 28-03-2024. SRM Contractors Price Range is ₹200-₹210 and Lot Size is 70 shares per lot. The Minimum Bid Price is 200 and the Minimum Investment of ₹14,000 For one lot and the Maximum Bid Price Is 210 and the maximum investment of ₹14,700 for one lot
SRM Contractors IPO Issue Size is ₹130.20(Cr). Regular Retail Investors invest up to Rs 2,00,000 and High Networth Individuals Invest Up to Rs 5,00,000.
Price Band SRM Contractors IPO
The Price Band of SRM Contractors IPO is ₹200-₹210.
SRM Contractors IPO Issue Size
The Issue Size of this IPO is ₹130.20 Cr
SRM Contractors IPO GMP
As of 01-04-2024 SRM Contractors IPO GMP is ₹126
SRM Contractors IPO Expected Return on Listing Day
SRM Contractors IPO Expected Return on Listing Day 62% and Price Prediction of SRM Contractors Share is ₹326-₹336 on Listing Day.
Also Read: IRFC Share Price Target 2024, 2025, 2026
SRM Contractors IPO Subscription Rate Today
| Particulars | Subscription Rate |
| Qualified Institutional Buyers | 38.92x |
| Non-Institutional Investors | 179.60x |
| Retail Individual Investors | 39.56x |
| Total | 69.39x |
SRM Contractors Financials
Revenue Of SRM Contractors Limited: The Company’s Revenue In 2023 Is ₹137.36Cr and in 2022 Revenue is ₹120.22Cr and In 2021 SRM Contractors Limited Revenue is ₹112.47Cr.
Profit Of SRM Contractors Limited: Talk About Company’s Profits In 2023 is ₹18.75Cr and In 2022 Profit Is ₹17.57Cr and In 2021 Profit Is ₹8.27Cr
Assets Information Of SRM Contractors Limited: The Assets Of The Company in 2023 The Company’s Assets are ₹137.36Cr and in 2022 The Company Held assets of ₹120.22Cr or In 2021 Assets were ₹112.24Cr
About the Company
SRM Contractors Limited is an engineering construction company. the company primarily in the construction of Roads, (including bridges), tunnels, and slope stabilization works. The company also takes on subcontracting tasks for infrastructure construction projects.
It has a solid record of completing road, tunnel, and slope stabilization projects in the challenging terrain of Jammu, Kashmir, and Ladakh. company has a three main businesses road projects, tunnel projects, and slope stabilization.
It also handles various miscellaneous and civil construction tasks, such as drainage works and the construction of government housing and residential units.
FAQ’S
What is the SRM Contractors IPO Listing Date?
SRM Contractors IPO listing date is April 3, 2024. The IPO is to list on BSE and NSE.
What is SRM Contractors IPO GMP Today?
The SRM Contractors IPO Grey Market Premium is ₹110.
What is the Allotment Date Of SRM Contractors IPO?
Expected Date of Allotment Of SRM Contractors IPO is 1st April 2024
Note: Do not subscribe for IPO by just seeing the premium Price as it may change anytime before listing. Subscribe only considering the fundamentals of the companies.