SRM Contractors Limited was founded in 2008 and specialises in building roads, including bridges, tunnels, slope stabilisation projects, and other construction projects in the Union Territories of Jammu & Kashmir and Ladakh. The business subcontracts infrastructure construction projects and works as an EPC contractor for infrastructure projects, billing on a unit-price basis.

The SRM Contractors IPO Price is a Rs 130.20 crore book-built issue. IPO consists of a fresh offer of 0.62 crore shares. SRM Contractors IPO date opens on March 26, 2024, and it will end on March 28, 2024. Allocation Date is Monday, April 1, 2024. The shares will be listed in BSE and NSE on Wednesday, April 3, 2024. As the launch date for the IPO approaches, excitement mounts on various financial websites and chat rooms worldwide.

The price range for SRM Contractors’ IPO is ₹200–₹210 per share. SRM Contractors IPO GMP Today is ₹58. An application must have a minimum lot size of 70 shares. Retail investors are needed to invest a minimum of ₹14,700. For both sNII and bNII, the minimum lot size investment is 69 lots (4,830 shares) or ₹1,014,300, respectively. For sNII, the minimum lot size investment is 14 lots (980 shares).