SRM Contractors Limited IPO

BSE, NSEClosed

Check Allotment

Mar 26, 2024Open Date

Mar 28, 2024Close Date

TBAAllotment Date

Apr 3, 2024Listing Date

Subscription Details

View Subscription Details

Retail46.97x

QIB59.59x

NIIs (Non-Institutional Investors)Main Category

214.94x

↳ NII Sub-Categories

sHNI (< ₹10L)

Bids ₹2L to ₹10L

203.67x

bHNI (> ₹10L)

Bids above ₹10L

220.57x

Overall Subscription

Total Bids Received

86.57x

Updated: 10 Jul, 06:09 pm

SRM Contractors Limited IPO Issue Details

Issue Price₹200-210 Per Equity Share

Face Value₹10 Per Equity Share

Fresh Share62,00,000 shares(aggregating up to ₹130.2 crore)

Listing AtBSE, NSE

Listing DateApr 3, 2024

RegistrarBigshare Services Pvt Ltd

Market Lot Details

Category	Lots	Shares	Amount
sHNI (Min)	14	980	₹2,05,800
sHNI (Max)	68	4,760	₹9,99,600
bHNI (Min)	69	4,830	₹10,14,300

Reservation Details

Category	Shares Offered	%
NII	9,30,000	15%
QIB	12,40,100	20%
Anchor	18,59,900	30%

Valuations

EPS (Pre-IPO)

11.2

EPS (Post-IPO)

12.24

P/E (Pre-IPO)

18.76

P/E (Post-IPO)

17.15

RoNW

25.02%

PAT Margin

8.98%

P/B Value

4.17

Financial Information (₹ in Crores)

Metric	FY 23	FY 22	FY 21
Total Assets	137.36	120.22	112.47
Total Revenue	300.65	265.51	161.95
Profit After Tax	18.75	17.57	8.27
Net Worth	63.16	44.41	26.85

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

1Funding capital expenditure requirements for the purchase of equipment/machinery
2Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the company
3Funding the working capital requirements of the company
4Investment in Project Specific Joint Venture Projects
5General Corporate Purpose.