247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

SRM Contractors Limited IPO (SRM Contractors IPO) Details

SRM Contractors Limited is an Engineering - EPC based company, located in Jammu, SRM Contractors Limited IPO size was 130.20 Cr. and was issued at 210.00 per share. The share of SRM Contractors Limited were listed at 236.20 per share and are currently trading at 376.30 per share.

Type :
Sub Sector : Engineering Construction Company
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
323.04 Cr.

PAT :
28.09 Cr.

Pricing Report

Issue Price :
210.00

Listing Price :
236.20

Current Market Price :
376.30

Issue Price vs CMP :
166.3 (79.19%)

listing Price vs CMP :
140.1 (59.31%)

Performance Report (CAGR* wise)

CAGR : 106.81
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About SRM Contractors

Company Information
SRM Contractors Limited is an engineering construction and development firm primarily engaged in the construction of roads (including bridges), tunnels, slope stabilization works, and other miscellaneous civil construction activities in the Union Territories of Jammu & Kashmir and Ladakh. It undertakes construction projects both as an EPC contractor and on an item-rate basis for infrastructure projects, in addition to handling sub-contracting assignments. The company has a proven track record in executing road, tunnel, and slope stabilization projects in the challenging terrains of Jammu & Kashmir and Ladakh, allowing it to develop expertise in executing infrastructure projects in difficult conditions. Recognized as a key player in the infrastructure construction industry in these regions, the company has built technical capabilities to manage projects in hilly and
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Object of Issue
  • Funding capital expenditure requirements for the purchase of equipment/machinery
  • Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the company
  • Funding the working capital requirements of the company
  • Investment in Project Specific Joint Venture Projects and
  • General Corporate Purpose

SRM Contractors MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Apr, 2024
IPO Size :
130.20 Cr.
Market Cap :
481.83 Cr.   
IPO Subscription :
86.57 X     
PE Multiple :
17.15
IPO Registrar:
Bigshare Services Private Limited

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Peer Companies Of This Sector

FAQs

SRM Contractors operates in Engineering - EPC and Engineering Construction Company. The Issue is listed on MainBoard in Apr, 2024. SRM Contractors IPO size was 130.20 Cr. with Issue price of 210.00 .

Merchant Banker(s) of SRM Contractors IPO: Interactive Financial Services Limited

SRM Contractors IPO subscription was 86.57 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

SRM Contractors IPO listed at a listing price of 236.20 against the offer price of 210.00.

The current market price of SRM Contractors is 376.30.

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