|
|
|
|
Prospectus synopsis |
|
|
Phone:+91 84918 77114/+0191 2472729 Fax:
|
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.
|
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
|
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
|
|
|
|
|
|
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
| |
|
|
|
|
|
|
|
|
|
|
|
|