SRM Contractors Ltd - IPO

SRM Contractors Ltd IPO Details

Initial public offering of up to 62,00,000 equity shares of face value of Rs. 10 each (Equity Shares) of SRM Contractors Limited (The Company or the Issuer) for cash at a price of Rs. 210 per equity share (including a securities premium of Rs. 200 per equity share) (Issue Price) aggregating up to Rs. 130.20 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 Rs. 10 each and the issue price is 21 times the face value of the equity shares.

Objective of issue

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.

SRM Contractors Ltd Contact Details

SRM Contractors Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - cs@srmcpl.com

Website - www.srmcpl.com