OUR BUSINESS
SRM Contractors was incorporated in 2008 We are an engineering Construction and Development Company Engaged Primarily in The Construction of Roads Bridges, Tunnels, Slope Stabilisation Works and Other Miscellaneous Civil Construction Activities in The Union Territories Of Jammu & Kashmir and Ladakh.
As an EPC Contractor, The Scope of Our Services Includes Detailed Engineering of The Project, Procurement of Construction Materials, Plant and Machinery, Construction and Execution of The Project and its Operation and Maintenance in Accordance With the Contractual Provisions.
SRM CONTRACTORS IPO DATE & PRICE BAND DETAILS
IPO Open Date
Mar 26, 2024
IPO Close Date
Mar 28, 2024
IPO Size
6,200,000 shares
(Approx ₹130.20 Cr)
IPO Face Value
₹10 Per Equity Share"
IPO Price Band
₹200 to ₹210 Per Every Share
Fresh Issue
6,200,000 shares
(Approx ₹130.20 Cr)
Lot Size
70 Shares
IPO Listing On
BSE NSE
IPO Retail Quota
35%
IPO QIB Quota
50%
IPO NII Quota
15%
DRHP Draft
Click Here
Anchor Investor
Click Here
SRM CONTRACTORS IPO MARKET LOT DETAILS
Application
Lot Size
Shares
Amount
Retail Minimum
1
70
₹14,700
Retail Maximum
13
910
₹191,100
S-HNI Minimum
14
980
₹205,800
B-HNI Minimum
69
4,830
₹1,014,300
OBJECTS OF ISSUE
- Funding capital expenditure requirements for the purchase of equipment/machineries.
- Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by our Company.
- Funding the working capital requirements of our Company.
- Investment in Project Specific Joint Venture Projects.
- General Corporate Purpose.
SRM CONTRACTORS IPO ALLOTMENT & LISTING DATE (DETAILS)
IPO Open Date
Mar 26, 2024
IPO Close Date
Mar 28, 2024
Basis of Allotment
April 1, 2024
Refunds
April 2, 2024
Credit to Demat Account
April 2, 2024
IPO Listing Date
April 3, 2024
SRM CONTRACTORS FINANCIAL REPORTS
₹ in Crores
Year
Revenue
Expense
PAT
2023
₹300.65
₹275.60
₹18.75
2022
₹265.51
₹242.21
₹17.57
2021
₹161.95
₹151.11
₹8.27
Qualitative Factors
- Proven Track Record of Efficient Execution of Roads, Tunnels and Slope stabilisation works in the difficult terrain of union territory of Jammu and Kashmir.
- Efficient Business Model of Selecting and Clustering of Our Projects in The Union Territories of Jammu & Kashmir and Ladakh.
- Continuous Focus on Equipment Ownership.
- Strong Financial Performance.
- In-house Integrated Model.
- Experienced Promoters with Strong Management Team.
SRM CONTRACTORS IPO PEER COMPARISON
Company Name
Face Value
EPS
P/E Ratio
Ro NW (%)
NAV Per
Revenue (₹ in Lakhs)
SRM Contactors Ltd
10
90.82
[●]
30.14
37.72
30,065.09
Man Infraconstruction Ltd.
2
4.47
32.72
14.61
30.60
88,096.76
ITD Cementation India Ltd
1
7.23
31.32
10.04
72.04
47,0058.03
Likhitha Infrastructure Ltd
5
15.22
20.19
24.01
63.39
35861.52
Udayshivakumar Infra Ltd
10
2.90
12.37
11.13
26.05
28790.71
OUR COMPANY PROMOTER
- Sanjay Mehta
- Ashley Mehta
- Puneet Pal Singh
ABOUT THE COMPANY-
Independently and Through Project-Specific Joint Ventures, has Completed Thirty-Seven (37) Infrastructure Construction Projects having an Aggregate Contract Value of Rs. 77,088.00 lakhs.
- Thirty-One (31) Roads Projects.
- Three (3) tunnel projects.
- One (1) Slope Stabilisation Works and Two (2) other Miscellaneous Civil Construction Activities.
- Out of the thirty-seven (37) projects Executed by Our Company.
- Twenty-Nine (29) Infrastructure Construction Projects, Including Sub-Contracting Assignments, have been Executed independently by us and Eight (8) Projects have been Executed through Project Specific Joint Ventures.
SRM Contractors Clients Like-
- National Highways & Infrastructure Development Corporation Limited –
- Ministry of Road Transport & Highways, Government of India.
- (NHIDCL), Konkan Railway Corporation Limited (KRCL).
- Government of Jammu and Kashmir Economic Reconstruction Agency (ERA, Jammu).
- Border Road Organisation (BRO).
- Public Work (R&B) Department, Jammu & Kashmir (PWD, J&K).
- Northern Railway.
- Irrigation & Flood Control Department, J&K, J&K Rural Roads Development Agency (JKRRDA).
SRM CONTRACTORS COMPANY CONTACT DETAILS
Sector 3, Near BJP Head Office,
Trikuta Nagar, Jammu -180012,
Jammu and Kashmir, India
Tel: +91 84918 77114 / + 0191 2472729
Website: www.srmcpl.com
SRM CONTRACTORS IPO REGISTAR
Bigshare Services Private Limited
Address: S6-2, 6th Floor, Pinnacle Business Park, Next to
Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai
400093, India.
Telephone: +91 22 6263 8200
Facsimile: +91 22 6263 8299
Email: ipo@bigshareonline.com
Investor Grievance Email: investor@bigshareonline.com
Website: www.bigshareonline.com
