📅Offer Date: 26 Mar 2024 – 28 Mar 2024
Data sourced from BSE & NSE · Last updated
SRM Contractors Limited IPO was subscribed 86.57x in total when bidding closed on 28 Mar 2024, with 59.59x in the QIB category, 214.94x in NII, 46.97x in retail. The issue ran from 26 Mar 2024 to 28 Mar 2024 at a price band of ₹200.00–₹210.00 per share.
Times subscribed by category against the 1× line.
Based on retail subscription (46.97x). Final allotment decided by registrar's computerised lottery.
| Category | Offer | Applied | Times |
|---|---|---|---|
| QIBs | 12,40,100 | 7,38,97,559 | 59.59x |
| NIIs | 9,30,000 | 19,98,94,200 | 214.94x |
| SNIIs (<10L) | 3,10,000 | 6,31,37,700 | 203.67x |
| BNIIs (>10L) | 6,20,000 | 13,67,53,400 | 220.57x |
| Retail | 21,70,000 | 10,19,24,900 | 46.97x |
| Total | 43,40,180 | 37,57,29,383 | 86.57x |
| Category | Offered | Demand | Times |
|---|---|---|---|
| QIBs | 26.04 | 1551.85 | 59.59x |
| NIIs | 19.53 | 4197.78 | 214.94x |
| Retail | 45.57 | 2140.42 | 46.97x |
| Total | 91.14 | 7890.05 | 86.57x |
Values derived from share count × issue price (₹210.00)
Because SRM Contractors Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.
BSE, NSE listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.