Bookbuilding IPO | ₹130 Cr | Listed at BSE, NSE | Tue, Mar 26, 2024 - Thu, Mar 28, 2024
| Category | QIB | NII | Retail | Total | ||||
|---|---|---|---|---|---|---|---|---|
| Ex. Anchor | Anchor Investor | Total QIB | Below ₹10L | Above ₹10L | Total NII | |||
| Allocation (No. of shares) | 12,40,100 | 18,59,900 | 31,00,000 | 3,10,000 | 6,20,000 | 9,30,000 | 21,70,000 | 62,00,000 |
| Allotment price (Rs.) | 210 | 210 | 210 | 210 | 210 | 210 | 210 | 210 |
| No.of applications | 43 | 3 | 46 | 61,477 | 27,412 | 88,889 | 11,67,163 | 12,56,098 |
| No.of shares applied | 7,22,58,690 | 18,59,900 | 7,41,18,590 | 6,28,25,840 | 13,68,25,570 | 19,96,51,410 | 9,95,20,470 | 37,32,90,470 |
| Amount collected (Rs.cr.) | 1,517.43 | 39.06 | 1,556.49 | 1,319.34 | 2,873.34 | 4,192.68 | 2,089.93 | 7,839.10 |
| No.of times subscribed | 58.27 | 1.00 | 23.91 | 202.66 | 220.69 | 214.68 | 45.86 | 60.21 |
| No.of shares allotted | 12,40,100 | 18,59,900 | 31,00,000 | 3,10,000 | 6,20,000 | 9,30,000 | 21,70,000 | 62,00,000 |
| Amount (Rs.cr.) | 26.04 | 39.06 | 65.10 | 6.51 | 13.02 | 19.53 | 45.57 | 130.20 |
| No.of allottees | 43 | 3 | 46 | 316 | 632 | 948 | 31,000 | 31,994 |
SRM Contractors IPO is a public issue of 0.62 Cr equity shares. The issue offers 0.22 Cr shares to retail investors, 0.31 Cr shares to qualified institutional buyers, and 0.09 Cr shares to non-institutional investors.
| Category | Shares Offered | Amt (₹ Cr.) | Size (%) |
|---|---|---|---|
| QIB | 31,00,000 | 65.10 | 50.00% |
| Anchor | 18,59,900 | 39.06 | 30.00% |
| QIB (Ex Anchor) | 12,40,100 | 26.04 | 20.00% |
| NII | 9,30,000 | 19.53 | 15.00% |
| bNII (> ₹10L) | 6,20,000 | 13.02 | 10.00% |
| sNII (< ₹10L) | 3,10,000 | 6.51 | 5.00% |
| Retail | 21,70,000 | 45.57 | 35.00% |
| Total | 62,00,000 | 130.20 | 100% |
A total of 18,59,900 shares at a price of Rs 210 per share will be allotted to the anchor investors.
| Anchor investors bid opening date | Mar 22, 2024 |
| Anchor investor price | ₹210.00 |
| Anchor investors as % of QIBs | 60.00% |
| No. of shares locked-in for 30 days | 9,29,950 |
| No. of shares locked-in for 90 days | 9,29,950 |
📑 Anchor Investor Allotment Letter
📊 Historic report - IPOs Anchor Investors Investment & Performance
| S.No. | Anchor Investor | Group Entity | No. of Shares Allotted | Amount (Rs.cr.) | % Allotment within Anchor Investor Portion | % Allotment of Issue |
|---|---|---|---|---|---|---|
| 1 | NEOMILE GROWTH FUND-SERIES I | NEOMILE | 9,05,100 | 19.01 | 48.66 | 14.60 |
| 2 | SAINT CAPITAL FUND | SAINT CAPITAL | 4,77,400 | 10.03 | 25.67 | 7.70 |
| 3 | ASTORNE CAPITAL VCC-ARVEN | ASTORNE CAPITAL | 4,77,400 | 10.03 | 25.67 | 7.70 |
| 18,59,900 | 39.06 | 100 | 30.00 |
The SRM Contractors IPO is subscribed 86.57 times by Mar 28, 2024 19:02.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutional | 59.59 |
| Non Institutional | 214.94 |
| Retail Individual | 46.97 |
| Total Subscription | 86.57 |
An investor can apply in SRM Contractors IPO online via bank (using ASBA) or the broker (using UPI). The SRM Contractors IPO shares are offered online only.
The SRM Contractors IPO is subscribed 86.57 times by Mar 28, 2024 19:02.
The SRM Contractors IPO allotment status is expected on or around Monday, April 1, 2024. Visit SRM Contractors IPO allotment status to check.
The SRM Contractors IPO listing date is April 3, 2024. The equity share of SRM Contractors IPO will list on BSE, NSE.
Visit SRM Contractors IPO subscription status page for real-time bidding information about SRM Contractors IPO.
| IPO opens On | Tuesday, March 26, 2024 |
| IPO Closes On | Thursday, March 28, 2024 |
| Finalisation of Basis of Allotment | Monday, April 1, 2024 |
| Initiation of Refunds | Tuesday, April 2, 2024 |
| Credit of Shares to Demat Account | Tuesday, April 2, 2024 |
| IPO Listing Date | Wednesday, April 3, 2024 |
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