SRM CONTRACTORS LIMITED
₹ 200 - ₹ 210
26-Mar-2024 - 28-Mar-2024
₹ 14700.00

/ 70 Shares

SRM CONTRACTORS LIMITED

26-Mar-2024 - 28-Mar-2024

₹ 200 - ₹ 210

Price Band

₹ 14700.00

Minimum Investment

70

Bid Lot

6,200,000

Shares
  • Face Value - ₹ 10/- Per Share

  • Listing at NSE BSE

  • 31,000 Application Required in Retail for 1 Time.

  • Registrar : Bigshare Services Pvt. Ltd

IPO Details

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 70 ₹ 14,700
Retail (Upto 2 Lakh) 13 910 ₹ 191,100
S-HNI (2 Lakh to 10 Lakh) 14 980 ₹ 205,800
S-HNI (2 Lakh to 10 Lakh) 68 4760 ₹ 999,600
B-HNI (Above 10 Lakh) 69 4830 ₹ 1,014,300

IPO Timeline

  • Open Date

    26-Mar-2024
  • Close Date

    28-Mar-2024
  • Basis of Allotment Date

  • Initiation of Refunds

  • Credit Shares to Demat A/c

  • IPO Listing Date

Subscription as on
28-Mar-2024 12:20

Category Book Size Subscription No. of Times
QIB 1,240,000 ₹ 26.04 Cr. 3,364,480 ₹ 70.65 Cr. 2.71x
RETAIL 2,170,000 ₹ 45.57 Cr. 56,860,090 ₹ 1194.06 Cr. 26.20x
Total 3,410,000 60,224,570 17.66x
Category Book Size Subscription No. of Times
QIB 1,240,000 ₹ 26.04 Cr. 3,364,480 ₹ 70.65 Cr. 2.71x
RETAIL 2,170,000 ₹ 45.57 Cr. 56,860,090 ₹ 1194.06 Cr. 26.20x
Total 3,410,000 60,224,570 17.66x

*Excluding Anchor

Total No. of Application Approx : ~719745 (23.22 Appwise)

Disclaimer: The above-mentioned information / data are sourced from the websites of National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) and are subject to change on real time basis. For updated information / data you can visit their respective website. The information / data provided herein above are for information purpose only and provided "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. We do not guarantee or warrant the accuracy, adequacy or completeness of the information received through the said websites. “We” hold not responsibility of any kind as regard to any discrepancies, errors, omissions, losses or damages. “We” including its affiliates and any of its officers, directors, personnel and employees, shall not liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of information / data received through the said websites. The recipient alone shall be fully responsible / are liable for any decision taken on the basis of such information / data. All recipients should before acting upon the said information make their own investigation, seek appropriate professional advice.

How to Apply

Apply for IPO in few simple steps.

  • Step 01 :

    Once you create your account, Login to Us.

  • Step 02 :

    Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.

  • Step 03 :

    Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).

  • Step 04 :

    Enter your UPI ID and you will receive mandate on your UPI App.

  • Step 05 :

    Once you accept the mandate, Application is submitted successful.

  • Applying for an IPO is easier than ever with Us, in just a few clicks your application is processed. You can bid for any IPO through Us, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
  • If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
  • The maximum subscription amount for retail investors is 2 lakh.
  • Any bid can be at a desired price or cut off price given by the company.

  • Enter the number of shares you wish to buy, as per the lot size.
  • You can apply at the cut off price set by the company or bid for a desired amount within the price band.
  • Maximum three bids will be accepted.
  • You then need to enter the UPI ID on IPO application form.

  • You will immediately get a fund blocked request on your UPI for the submitted IPO application.
  • The funds will be blocked in your bank account until allotment when it is debited.
  • The limit for IPO application is Rs 2 lakh per transaction on UPI.
  • On allotment of the shares, the money will be automatically debited.
  • If the share aren’t allotted the blocked funds will reflect back into your account.

Frequently Asked Questions

Check Allotment