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SRM Contractors Ltd

SRM Contractors Ltd

    Registered Office : Sector 3 Near BJP Head Office,Trikuta Nagar,Jammu Jammu & Kashmir 180012 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 Rs. 10 each ("Equity Shares") of SRM Contractors Limited ("The Company" or the "Issuer") for cash at a price of Rs. 210 per equity share (including a securities premium of Rs. 200 per equity share) ("Issue Price") aggregating up to Rs. 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 Rs. 10 each and the issue price is 21 times the face value of the equity shares.

Issue

Opens On

Closes On

26-Mar-2024

28-Mar-2024

Money Payable On

Application

Allotment

210.00

0.00

Minimum Application for shares in Nos : 70.0 Further Multiples of : 70.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

123.38

130.20

22.94

210.00

Interactive Financial Services Ltd

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
  • Bigshare Services Pvt Ltd