ListedMainboardSRM

SRM Contractors Limited

SRM Contractors Limited is a mainboard IPO raising ₹130 Cr at ₹200 – ₹210 a share. It listed on 3 Apr 2024 and trades at ₹507 today, +141.4% against its issue price of ₹210. It was subscribed 87× in total.

210
Issue price
507
Price now
+141.4%
Since issue price
3 Apr 2024
Listed on
87×Subscribed (final) · all exchanges

86.6 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Who bid for it

Investor categoryShares offeredShares bid forSubscribed
QIB
Banks, funds and other large institutions
12,40,1007,39,02,71060×
Foreign Institutional Investorsno separate quota2,81,54,000n/a
Domestic Financial Institutionsno separate quota1,04,49,810n/a
Mutual fundsno separate quota10,780n/a
Othersno separate quota3,52,88,120n/a
Non-institutional
Wealthy individuals and companies bidding above ₹2 lakh
9,30,00019,98,89,690215×
Non Institutional Investors6,20,00013,67,51,650221×
Corporatesno separate quota7,02,800n/a
Individualsno separate quota11,93,06,110n/a
Othersno separate quota1,67,42,740n/a
Non Institutional Investors3,10,0006,31,38,040204×
Corporatesno separate quota62,650n/a
Individualsno separate quota5,54,30,900n/a
Othersno separate quota76,44,490n/a
Retail
Ordinary investors bidding up to ₹2 lakh
21,70,00010,19,17,13047×
Cut Offno separate quota8,80,01,690n/a
Price bidsno separate quota1,39,15,440n/a
Total43,40,10037,57,09,53087×

Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 25 Jul, 06:55 pm IST.

How demand built

We hold no subscription readings for this issue.