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Prospectus synopsis
 
SRM Contractors Ltd
Registered Office: Sector 3 Near BJP Head Office , Trikuta Nagar , Jammu - 180012 , Jammu & Kashmir , India.
Phone:+91 84918 77114/+0191 2472729   Fax:
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
Opens On
Closes On
Application
Allotment
26-Mar-24 28-Mar-24 Rs 210.00-0.00 Rs 0.00-0.00
Minimum Application for shares in Nos : 70   Further Multiples of : 70


 
Rs 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 Rs.210.00  
 
Projects
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
Listing At
Registrar to the Issue
 
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