| 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 Rs10 each ("Equity Shares") of SRM Contractors Limited ("The Company" or the "Issuer") for cash at a price of Rs210 per equity share (including a securities premium of Rs200 per equity share) ("Issue Price") aggregating up to Rs130.20 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 Rs10 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
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| |
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| Promoted By |
| Sanjay Mehta |
| Ashley Mehta |
| Puneet Pal Singh |
|
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| No Data Found. |
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