SRM Contractors Ltd |
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Registered Office: Sector 3 Near BJP Head Office, Trikuta Nagar, Jammu - 180012, Jammu & Kashmir |
Phone: +91 84918 77114/+0191 2472729 |
Email: cs@srmcpl.com |
Website: www.srmcpl.com |
Initial public offering of up to 62,00,000 equity shares of face value of Rs. 10 each ("Equity Shares") of SRM Contractors Limited ("The Company" or the "Issuer") for cash at a price of Rs. 210 per equity share (including a securities premium of Rs. 200 per equity share) ("Issue Price") aggregating up to Rs. 130.20 crores ("The Issue"). The issue will constitute 27.02 % of our post-issue paid-up equity share capital. The face value of the equity shares is Rs. 10 each and the issue price is 21 times the face value of the equity shares. |
Issue | Money Payable On | ||
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Opens On | Closes On | Application | Allotment |
26-Mar-2024 | 28-Mar-2024 | ₹ 210.00 | ₹ 0.00 |
Minimum Application for shares in Nos : 70.0 Further Multiples of : 70.0 | ||
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(₹)Cr. | Lead Managers to the Issue | |
Project Cost | 123.38 | Interactive Financial Services Ltd |
Project Financed through Current Offer | 130.20 | |
Post Issue Equity Share Capital | 22.94 | |
Issue Price | ₹210.00 |
Projects |
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Funding capital expenditure requirements for the purchase of equipment/machineries |
Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the company |
Funding the working capital requirement |
Investment in joint venture projects |
General corporate purposes |
Promoted By |
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Sanjay Mehta |
Ashley Mehta |
Puneet Pal Singh |
Listing At |
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BSE |
NSE |
Registrar to the Issue |
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