IPO SYNOPSIS

SRM Contractors Ltd
Registered Office:
Sector 3 Near BJP Head Office,Trikuta Nagar,
Jammu - 180012,
Jammu & Kashmir, India.
Email :  cs@srmcpl.com
Website :  www.srmcpl.com
Initial public offering of up to 62,00,000 equity shares of face value of (₹) 10 each ("Equity Shares") of SRM Contractors Limited ("The Company" or the "Issuer") for cash at a price of (₹) 210 per equity share (including a securities premium of (₹) 200 per equity share) ("Issue Price") aggregating up to (₹) 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 (₹) 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
130.20
 
Post Issue
22.94
 
Issue Price
210.00
 
Projects
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
No Data Available!!!
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