Subscription Details
The details about the SRM Contractors Limited IPO is as:
- The issue size of the IPO is 130.20 Cr.
- The price band for SRM Contractors Limited IPO is Rs 200 to Rs 210.
- The shares of SRM Contractors Limited IPO will list on 3rd April 2024.
- The latest tentative GMP of SRM Contractors Limited IPO is Rs 110.
- The shares of SRM Contractors Limited IPO is subscribed 86.57 Times as of 28th March 2024.
SRM Contractors Limited IPO Valuation
The approx valuation of SRM Contractors Limited IPO based on its price band and DRHP (prospectus) is:
| Particulars |
Value |
| Upper Price Band |
Rs 210 |
| Existing Shares (Qty) |
1.67 Cr |
| Fresh Issue |
130.20 Cr |
| Market Cap |
480.9 Cr |
| EPS (FY23) |
Rs 90.82 |
| PE Ratio |
2.31x |
| Industry PE |
22.54x |
SRM Contractors Limited IPO Issue Size
SRM Contractors Limited IPO issue size is 130.20 Cr.
| Issue |
Amount |
| Fresh Issue |
320 Cr |
| Offer For Sale |
0 Cr |
SRM Contractors Limited IPO Market Lot
An Individual can apply for a minimum 1 lot of 70 shares and a maximum of 13 lots of 910 shares. Find the details below:
| Application |
Lot |
Shares |
Amount |
| Minimum |
1 |
70 |
14,700 |
| Maximum |
13 |
910 |
1,91,100 |
SRM Contractors Limited IPO share offer
The shares of SRM Contractors Limited IPO is subscribed 86.57 Times as of 28th March 2024. The category-wise shares offered are as follows:
| Category |
% Offered |
Subscription |
| Qualified Institutional |
Maximum 50% |
59.59 Times |
| Non-Institutional |
Minimum 15% |
214.94 Times |
| Retail Individual |
Minimum 35% |
46.97 Times |
| Total |
|
86.57 Times |
Allotment Details
Find below the dates for SRM Contractors Limited IPO:
| Schedule |
Date |
| Basis of Allotment |
1 April 2024 |
| Refunds |
2 April 2024 |
| Credit to Demat Account |
2 April 2024 |
| IPO Listing Date |
3 April 2024 |
Check allotment status