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

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹200 – ₹210
Cut-off price₹210
Issue size₹130 Cr
Shares per lot70
Minimum application₹14,700
Minimum quantity70
Face value₹10
Listing exchanges
ISININE0R6Z01013
Bidding hours10:00 – 17:00 IST
Bidding window26 Mar 2024 – 28 Mar 2024

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.