Open Date

26 Mar 24

28 Mar 24

Listing Date

Close Date

Allotment Date

03 Apr 24

SRM Contractors IPO Date

01 Apr 24

Lot Size 

70 shares

IPO Size

₹130.20  Cr.

Price Range

 ₹ 200 to ₹ 210

Min. Investment

₹ 17,000

SRM Contractors IPO Details

1.The company has a proven track record of efficient execution of roads, tunnels and slope stabilisation works in the union territory of Jammu and Kashmir. 2. It has a business model of focusing, selecting and clustering its projects in the Union Territory of Jammu and Kashmir and Ladakh, which is its strength. 3. Skilled and experienced management team.

Strengths

1. The business is concentrated in the Union Territory of Jammu & Kashmir and Ladakh. 2. The business is subject to seasonal and other fluctuations. 3. A majority of its revenues are derived from projects from government authorities.

Risk

How to apply for SRM Contractors IPO

To apply for SRM Contractors IPO, follow the steps given below    • Login to your 5paisa account and select the issue in the current IPO section        • Enter the number of lots and the price at which you wish to apply for the SRM Contractors IPO.        • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.     You will receive a mandate notification to block funds in your UPI app.

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