SRM Contractors Limited
ListedMainboardIndustrial & Financial Services · NSE / BSE
SRM Contractors Limited, founded in 2008, is a prominent infrastructure development company specializing in EPC and unit-price construction projects across Jammu & Kashmir and Ladakh. The company’s expertise spans road construction, tunnel projects, slope stabilization, and diverse civil works, demonstrating its ability to execute complex infrastructure solutions. With a strong portfolio that includes road realignment, bridge construction, and tunnel development, SRM Contractors has successfully completed 37 projects as of March 2024. Supported by a skilled workforce of 275 full-time employees, the company remains dedicated to innovation, quality, and sustainable growth in the region's infrastructure sector.
Price Band
₹200 – ₹210
Issue Size
₹130 Cr
Lot Size
70 shares
GMP
₹70
+33.3%
Est. Listing
₹280
at current GMP
Subscribed
86.57x
overall
Open
26 Mar 2024
Close
28 Mar 2024
Allotment
1 Apr 2024
Refund
2 Apr 2024
Demat Credit
3 Apr 2024
Listing
3 Apr 2024
Last updated 12 days ago
Live Grey Market Premium
SRM Contractors Limited GMP Today
Last updated: 19 Oct 2026
Current Premium
₹70+33.3%
Issue Price (Upper)
₹210
Band: ₹200 – ₹210
Estimated Listing Price
₹280
Upper price + GMP
Lot Size
70 shares
Min investment ₹14,700
Estimated Profit / Lot
₹4,900
70 × ₹70
SRM Contractors Limited GMP Historical Trend
GMP History
Grey Market Premium trend
+₹70
▲ 0 today
Updated 1 minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹70 | 33.3% | ₹280 |
| 30 Oct 2026 | +₹70 | 33.3% | ₹280 |
| 29 Oct 2026 | +₹63 | 30.0% | ₹273 |
GMP is unofficial market data. Not a guarantee of listing performance.
About SRM Contractors Limited Public Issue & Market Profile
SRM Contractors Limited is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹130.2 Crores. The shares are offered at a price band of ₹200 to ₹210 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Public Issue & Pricing Context:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Basis of Allotment & Listing Timeline:
Following the close of bidding on 2024-03-28, the basis of allotment is scheduled to be finalized on 2024-04-01. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is SRM Contractors Limited IPO GMP today?
The latest grey market premium for SRM Contractors Limited IPO is ₹70, which indicates an expected listing price of ₹280.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.