SRM Contractors, a company that specializes in engineering construction and development is known for working on infrastructure projects with a focus, on the Union Territories of Jammu & Kashmir and Ladakh. They excel in handling projects in terrains like roads, tunnels slope stabilization works, and various other civil construction activities. Let’s take a look, at the sectors they operate in:
1. Road Projects:
- SRM Contractors Roads department excels, in planning and building roads and highways such as realignment, widening, upgrading, restoration, and reinforcement in the landscapes of Jammu & Kashmir and Ladakh.
- Their responsibilities also include constructing bridges to enhance the road infrastructure.
- The team is dedicated to preserving the roads and highways, in the area to guarantee accessibility and safety.
2. Tunnel Projects:
- At SRM Contractors Tunnel Division the company is involved in designing and building kinds of tunnels such, as tunnels, cut and cover tunnels for avalanche and slide protection, and caverns.
- They also work on expanding, upgrading, restoring, strengthening, and enhancing existing tunnels. This includes making changes to niches and implementing stabilization measures.
- SRM Contractors are known for their skill, in constructing tunnels in terrains found in Jammu & Kashmir and Ladakh.
3. Slope Stabilization Works:
- SRM Contractors slope stabilization division specializes in developing engineering strategies to secure slopes that are naturally unstable or, in need of support.
- They offer a range of services including creating and building reinforced soil steepened slope structures crucial for safeguarding infrastructure preserving the environment and ensuring safety.
- Their selection of stabilization techniques is informed by evaluations that take into account variables such, as soil composition, slope gradient, moisture levels, and local environmental considerations.
4. Other Miscellaneous Civil Construction Activities:
SRM Contractors does not handle only road construction, tunnels, and slope stabilization. Also engages in a range of civil construction projects. This involves building government housing, residential units, and drainage systems as irrigation and flood control structures. Their broad range of projects enables SRM Contractors to leverage prospects, in infrastructure growth.
SRM Contractors IPO Complete Details:
SRM Contractors IPO Timetable:
Company Financial Details:
AS OF NOW, the GMP Of SRM Contractors is Around 96 Rs.
Objects Of Issue:
1. Financing capital expenditure needs for acquiring equipment and machinery.
2. Repayment or partial repayment and/or early settlement of specific secured borrowings obtained by the company.
3. Meeting the working capital requirements of the company.
4. Investing in projects through Project Specific Joint Ventures.
5. Catering to general corporate purposes.
Promoters:
- SANJAY MEHTA
- ASHLEY MEHTA
- PUNEET PAL SINGH
FAQs:
When SRM Contractors IPO is Opening?
SRM Contractors IPO is Opening on 26 March 2024.
When is the SRM Contractors IPO Closing?
SRM Contractors IPO is Closing on 28 March 2024.
What is the Issue Size of the SRM Contractors IPO?
The IPO Issue Size of SRM Contractors is 130.20 Crore.
Price Band of SRM Contractors IPO?
The price Band of SRM Contractors IPO is 200-210 rupees per share.
What is the minimum investment for a SRM Contractors IPO?
The minimum investment for the SRM Contractors IPO is 14,700 Rupees.
Allotment Date of SRM Contractors IPO?
The Allotment of SRM Contractors IPO is on 01 April 2024.
Listing Date of SRM Contractors IPO?
The Listing Of SRM Contractors is Scheduled on 03 April 2024.
One Should Apply for SRM Contractors IPO or Not?
Will Update Soon..
How to apply for SRM Contractors IPO through the Zerodha Application?
Open Zerodha Application ——–> At the Bottom Click on Orders ——–> Then at the Top Click on IPO ——–> Find SRM Contractors IPO from the list ——–> Then Click Apply Button ——–> Select Investor Type(Individual) ——–> Enter Your UPI ID ——–> Select @ Extension ——–> Click on Cut-Off Price Box ——–> Enter Quantity ——–>Tick Check Box Of Terms and Conditions ——–> Drag Submit IPO Button On Right Side ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for SRM Contractors IPO through the Upstox Application?
Open Upstox Application ——–> At the Bottom Click on Invest ——–> Then Click On “View ongoing IPO” ——–> Find SRM Contractors IPO from the list ——–> Then Click Apply Button ——–> Enter Your UPI ID ——–> Select Investor Type ——–> Enter the Number of Lots to Purchase ( ENTER 1) ——–> Click on Cut-Off Price Box ——–>Tick Check Box Of Terms and Conditions ——–> Click on Continue ——–> Click on Confirm And Apply ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for SRM Contractors IPO through Angel One Application?
Open Angel One Application ——–> At the Bottom Click on Home ——–> Click on IPO Button ——–> Find SRM Contractors IPO from the list ——–> Click on SRM Contractors IPO Name ——–> Click on Apply Now ——> Enter Lot (1) ——–> Select Investor Type ——–> Enter UPI ID ——–> Click on “Apply For IPO” —>Click On Proceed ——–> Accept IPO Mandate Received in Your UPI Application.
Who is the Lead Manager of SRM Contractors?
Interactive Financial Services Ltd is the Lead Manager of SRM Contractors.
Where To Check the Allotment of SRM Contractors IPO?
The allotment status for the SRM Contractors IPO will be accessible on the Bigshare Services Pvt Ltd Website.
SRM Contractors IPO is going to be listed at?
SRM Contractors IPO is going to be listed at BSE & NSE.
What is the Lot Size of the SRM Contractors IPO?
The lot size of the SRM Contractors IPO is 70 Shares.
What is the P/E Ratio of the SRM Contractors?
The P/E Ratio of the SRM Contractors is 18.76.
What is the EPS of the SRM Contractors?
The EPS of the SRM Contractors is 11.2.
What is the ROE of the SRM Contractors?
The ROE of SRM Contractors is N/A.
What is the ROCE of the SRM Contractors?
The ROCE of the SRM Contractors is 29.43%.
