SRM Contractors IPO Date, Review, Price, Allotment Details

SRM Contractors is an engineering development and construction corporate engaged essentially within the development of roads (together with bridges), tunnels, slope stabilization works, and different miscellaneous civil development actions within the Union Territories of Jammu & Kashmir and Ladakh. They adopt development works each as an EPC contractor and on an item-rate foundation for infrastructure tasks. The Company additionally undertakes sub-contracting assignments for infrastructure development tasks. They have a monitor file of a success execution of street, tunnel, and slope stabilization tasks within the tough terrain of union territories of Jammu & Kashmir and Ladakh, and so they, thus, imagine that they have got advanced the experience and expertise to adopt infrastructure development tasks in tough terrains. The Company has emerged as a key participant within the infrastructure development trade within the Union Territories of Jammu & Kashmir and Ladakh and has advanced technical functions to execute tasks in hilly/difficult terrain within the area (Source: D&B Report).

They are an ISO 9001:2015 qualified corporate and also are registered as a category A contractor with the Public Work (R&B) Department, Jammu & Kashmir. They are pre-qualified to bid independently on tasks, tendered via departments of governmental government and different entities funded via the GoI, of contract worth as much as ₹30,000 lakhs and ₹50,000 lakhs for EPC contracts for the development of roads (together with bridges) and development of tunnel respectively. As a results of the expansion in their street and tunnel development industry in addition to the hot 163 govt tasks and toughen to broaden the infrastructure of union territories of Jammu & Kashmir and Ladakh, they’ve additional forayed into executing different infrastructure tasks corresponding to standalone bridges, greater slope stabilization works, and different miscellaneous civil development actions to capitalize on such emerging alternatives.

As an EPC contractor, the scope in their services and products comprises detailed engineering of the undertaking, procurement of development fabrics, plant and equipment, development and execution of the undertaking, and its operation and upkeep via the contractual provisions. Their manpower, sources, and fleet of equipment and gear, at the side of their engineering functions, permit them to execute a lot of tasks concurrently. They imagine that their sources, high quality of labor, and undertaking execution talents have enabled them to fortify their relationships with present shoppers and lend a hand them to additional protected tasks from new shoppers.

Objects of the Issue

• Funding capital expenditure necessities for the acquisition of kit/equipment.
• Full or section reimbursement and/or prepayment of sure remarkable secured borrowings availed via the corporate.
• Funding the running capital necessities of the corporate.
• Investment in Project Specific Joint Venture Projects.
• General Corporate Purpose.

SRM Contractors IPO Review (Apply or Not)

SRM Contractors IPO Date & Price Band Details

SRM Contractors IPO Market Lot

The SRM Contractors IPO minimal marketplace lot is 70 stocks with ₹14,700 software quantity. The retail traders can observe up-to 13 a lot with 910 stocks or ₹191,100 quantity.

SRM Contractors IPO Allotment & Listing Dates

The SRM Contractors IPO date is March 26 and the shut date is March March 28. The SRM Contractors IPO allotment will likely be finalized on April 1 and the IPO checklist on April 3.

You can test IPO subscription standing and IPO allotment standing on their respective pages.

SRM Contractors IPO Form

How to use for the SRM Contractors IPO? You can observe for SRM Contractors IPO by means of ASBA to be had to your checking account. Just pass to the web financial institution login and observe by means of your checking account via deciding on the SRM Contractors IPO within the Invest segment. The different choice is you’ll observe for SRM Contractors IPO by means of IPO bureaucracy downloaded by means of NSE and BSE. Check out the SRM Contractors bureaucracy – Click BSE Forms & NSE Forms clean IPO bureaucracy obtain, fill, and put up to your financial institution or along with your dealer.

SRM Contractors Company Financial Report

SRM Contractors IPO Valuation – FY2023

Check SRM Contractors IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.

Peer Group

• Man Infraconstruction restricted
• ITD cementation India Limited
• Likhitha Infrastructure Limited
• Udayshivakumar Infra Ltd

• Sanjay Mehta
• Ashley Mehta
• Puneet Pal Singh

SRM Contractors IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/ipo_status.html

SRM Contractors IPO Allotment Status Check

Check SRM Contractors IPO allotment standing on Bigshare Services web site allotment URL. Click Here

SRM Contractors IPO Lead Managers aka Merchant Bankers

• Interactive Financial Services Ltd

Company Address

SRM Contractors Limited
Sector 3,
Near BJP Head Office,
Trikuta Nagar, Jammu -180012
Phone: +91 84918 77114
Email: [email protected]
Website: https://srmcpl.com/

SRM Contractors IPO FAQs

Note: The SRM Contractors IPO value band and date are formally introduced but. The IPO gray marketplace top rate (SRM Contractors IPO Premium) will likely be added to the IPO gray marketplace web page as it’ll get started).