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SRM Contractors IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 130.20 Cr. The company is based in Jammu and caters to Engineering - EPC sector. Interactive Financial Services is the merchant banker of SRM Contractors IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 29th September 2023.
SRM Contractors IPO open date is 26th March 2024 and close date is 28th March 2024. IPO Allotment Date is 1st April 2024 and Listing date is 3rd April 2024.
IPO
Size:
₹ 130.20 Cr.
Avg IPO Size (Sector Based)
: ₹
496.84 cr.
Sector: Engineering - EPC
IPO so far:
12
Merchant Banker:
Interactive Financial
IPO by BRLM so far:
1
City:
Jammu
IPO so far:
1
Revenue (annualised):
₹
323.04
cr. 
PE
Ratio:
17.15x
Average Sector PE Ratio: 20.28x
SRM Contractors IPO size is ₹ 130.20 Cr. with IPO price of ₹ 210.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Interactive Financial Services Limited is the book-running lead manager of the SRM Contractors IPO. Bigshare Services Private Limited is the Registrar for SRM Contractors IPO.
SRM Contractors IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
SRM Contractors IPO, based in Jammu, operates in the Engineering - EPC sector with a focus on engineering construction company. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. SRM Contractors IPO size is ₹ 130.20 Cr. with fresh issue size of ₹ 130.20 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for SRM Contractors IPO is expected to be 1st April 2024, after the finalization of basis of allotment. Investors can check SRM Contractors IPO allotment status on the registrars website, Bigshare Services Private Limited . SRM Contractors IPO refund dates are 2nd April 2024.
SRM Contractors IPO is expected to be listed on 3rd April 2024.
The upper price band for the SRM Contractors IPO is set at ₹ 210.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on SRM Contractors IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the SRM Contractors IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 28th March 2024. After submission, funds are blocked until the basis of allotment of SRM Contractors IPO is finalised.
The merchant banker for SRM Contractors IPO is Interactive Financial Services Limited . Interactive Financial Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the SRM Contractors IPO RHP for further details.
The registrar for SRM Contractors IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to SRM Contractors IPO through their official website or helpline.
SRM Contractors IPO was subscribed 86.57 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 130.20 Cr.
Avg IPO Size (Sector Based)
:
₹ 496.84 Cr.
Sector: Engineering - EPC
IPO so far:
12
Merchant Banker:
Interactive Financial
IPO by BRLM so far:
1
City:
Jammu
IPO so far:
1
Revenue (annualised):
₹ 323.04 cr.
PE
Ratio:
17.15x
Average Sector PE Ratio: 20.28x
SRM Contractors IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on SRM Contractors Financial Review Page
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 421.85.
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