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Issue Open Date
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26-Mar-24
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Issue Closing Date
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28-Mar-24
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Application Money
|
100
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Allotment Money
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Price Band
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200
-
210
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Minimium Application No.
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70
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Issue Size (Shares)
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6200000
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Market Lot
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1
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Objective
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1. Funding capital expenditure requirements for the purchase of equipment/machineries;2. Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by our Company;3. Funding the working capital requirements of our Company;4. Investment in Project Specific Joint Venture Projects; and5. General Corporate Purpose.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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|
Non-Institutional Investors
|
930000
|
199889690
|
214.935150537634
|
|
Qualified Institutional Buyers
|
1240100
|
73902710
|
59.5941536972825
|
|
Retail Individual Investors
|
2170000
|
101917130
|
46.9664193548387
|
|
|
|
|
Business Description
We are an engineering construction and development company engaged primarily in the construction of roads (including bridges), tunnels, slope stabilisation works and other miscellaneous civil construction activities in the Union Territories of Jammu & Kashmir and Ladakh. We undertake construction works both as an EPC contractor and on an item rate basis for infrastructure projects. Our Company also undertakes sub-contracting assignments of infrastructure construction projects. We have a track record of successful execution of road, tunnel and slope stabilization projects in the difficult terrain of union territories of Jammu & Kashmir and Ladakh and we, thus, believe that we have developed the expertise and know-how to undertake infrastructure construction projects in difficult terrains. Our Company has emerged as a key player in infrastructure construction industry in the Union Territories of Jammu & Kashmir and Ladakh and has developed technical capabilities to execute projects in hilly/ challenging terrain in the region (Source: D&B Report).
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Promoter's Holding
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Total Share Capital
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16731000
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Offered to Public
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6200000
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Promoter's Holding (Pre-Issue)
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99.92
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Promoter's Holding (Post-Issue)
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|
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Address |
Sector 3
Near Bjp Head Office
Trikuta Nagar
Jammu,
Jammu & Kashmir,
180012
Phone : 8491877114 / 0191-2472729
Email :
Website : www.srmcpl.com
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Registrar |
Bigshare Services Pvt Ltd
Office No S6-2
6th Floor
Pinnacle Business Park
Next to Ahura Centre
Mahakali Caves Road
Andheri (E)
Mumbai
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Listed at |
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BSE, NSE
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|
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Lead Manager |
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Interactive Financial Services Ltd.
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|
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Promoters |
Ashley Mehta
Puneet Pal Singh
Sanjay Mehta
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|
