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Open
26 Mar 2024
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Close
28 Mar 2024
3
Allotment
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Listing
Wed, Apr 3, 2024
Price Band
₹200 to ₹210
Issue Size
62,00,000 shares (agg. up to ₹130 Cr)
Lot Size
70 Shares
Listing Date
Wed, Apr 3, 2024
Latest GMP
₹70
Est. Gain
33.33%
✦ AI Insight
GMP Trend
03-04-2024₹70Est. ₹280+33.33%
02-04-2024₹70Est. ₹280+33.33%
01-04-2024₹95Est. ₹305+45.24%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 60.21x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 168.87 | 137.36 | 120.22 | 112.47 |
| Total Income | 242.28 | 300.65 | 265.51 | 161.95 |
| Profit After Tax | 21.07 | 18.75 | 17.57 | 8.27 |
| NET Worth | 37.24 | 63.16 | 44.41 | 26.85 |
| Reserves and Surplus | 67.48 | 46.41 | 42.89 | 25.32 |
| Total Borrowing | 42.32 | 47.16 | 31.52 | 31.96 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Vishnu Prakash R.Punglia Ltd. | Mainboard | ₹308.61 Cr | ₹99 | 13.61 | ₹145.70 | +47.17% | ₹36.35 |
| AVP Infracon Ltd. | SME | ₹52.34 Cr | ₹75 | 11.2 | ₹75.05 | +0.07% | ₹60.20 |
| Pratham EPC Projects Ltd. | SME | ₹36.00 Cr | ₹75 | 12.72 | ₹118.95 | +58.60% | ₹119.65 |
| Atmastco Ltd. | SME | ₹56.25 Cr | ₹77 | 11.6 | ₹95.55 | +24.09% | ₹132.70 |
| Rudra Gas Enterprise Ltd. | SME | ₹14.16 Cr | ₹63 | 10.9 | ₹125.68 | +99.49% | ₹73.00 |
| Konstelec Engineers Ltd. | SME | ₹28.70 Cr | ₹70 | 9.9 | ₹220.50 | +215.00% | ₹62.00 |
| Vishnusurya Projects & Infra Ltd. | SME | ₹49.98 Cr | ₹68 | 2.69 | ₹76.65 | +12.72% | ₹155.00 |
| Chavda Infra Ltd. | SME | ₹43.26 Cr | ₹65 | 9.72 | ₹86.45 | +33.00% | ₹124.25 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | 31.50 |
| 2 | Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by our Company | 10.00 |
| 3 | Funding the Working Capital requirement | 46.00 |
| 4 | Investment In Joint Venture Project | 12.00 |
| 5 | General corporate purposes | 23.88 |
About SRM Contractors IPO
Updated on Aug 5, 2026
Contact Details
SRM Contractors Ltd. AddressSector 3Near BJP Head OfficeTrikuta NagarJammu, Jammu and Kashmir, 180012+91 84918 77114cs@srmcpl.comVisit Website