IPO Price History
Closed
SRM Contractors Limited logo

SRM Contractors Limited IPO

Mainboard IPOListedSRMNSE
Current Market Price (CMP)
₹348.75(+66.07%)
Current Price (CMP)
₹348.75(+66.07%)

Live Market Quote

Listing Price & Gain
₹215.25(+2.50%)

Day 1 Exchange Open

IPO Issue Price
₹210

Band: ₹200 - ₹210

Total Subscription
86.57x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
26 Mar 2024
IPO Bidding Closes
28 Mar 2024
Allotment & Refunds
Completed
Exchange Listing Day
03 Apr 2024

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 86.57x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)59.59x
Non-Institutional Investors (NII / HNI)214.94x
Retail Individual Investors (RII)46.97x
Total Subscription86.57x
Updated as on 28-Mar-2024 19:00:00

Listing Day & Return Performance

Listing Day Gain+2.50%
₹210 (Issue) → ₹215.25 (List)
Per share profit: +₹5.25
Holding Return (Till Date)+66.07%
₹210 (Issue) → ₹348.75 (CMP)
Net gain per share: +₹138.75
Post-Listing Performance (Listing Day → Today):+62.02%

About SRM Contractors Limited IPO

SRM Contractors Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 26 Mar 2024 and concluded on 28 Mar 2024, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹200 - ₹210.

During the bidding window, SRM Contractors Limited witnessed heavy demand with an overall subscription of 86.57 times. Institutional investors (QIB) subscribed 59.59x, non-institutional high-net-worth investors (NII) subscribed 214.94x, and retail individual investors (RII) bid 46.97x their reserved quota.

The equity shares of SRM Contractors Limited officially debuted on the stock exchanges on 03 Apr 2024 at an opening listing price of ₹215.25, delivering a listing day return of +2.50% (premium) over the final issue price. As per the latest market data, the stock trades at ₹348.75, representing an overall gain of +66.07% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of SRM Contractors Limited IPO?
The issue price of SRM Contractors Limited IPO was fixed at ₹210 per equity share. The indicative bidding price band was ₹200 - ₹210.
What were the open, close, and listing dates for SRM Contractors Limited IPO?
SRM Contractors Limited IPO opened on 26 Mar 2024, closed on 28 Mar 2024, listed on 03 Apr 2024.
How much was SRM Contractors Limited IPO subscribed?
The IPO received an overall subscription of 86.57 times. Category-wise, QIBs subscribed 59.59x, NIIs subscribed 214.94x, and Retail investors subscribed 46.97x.
What was the listing price and listing gain of SRM Contractors Limited IPO?
SRM Contractors Limited IPO listed on the stock exchange at ₹215.25, delivering a listing gain of 2.50% compared to the IPO issue price of ₹210.
Is SRM Contractors Limited IPO a Mainboard or SME IPO?
SRM Contractors Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of SRM Contractors Limited IPO since its IPO?
At the latest market quote of ₹348.75, SRM Contractors Limited IPO has generated an all-time return of +66.07% since its initial public offering.

Related Mainboard IPOs (2024)

UNIMECH
Unimech Aerospace and Manufacturing Limited
₹785+85.99%
VENTIVE
Ventive Hospitality Limited
₹643+11.35%
CARRARO
Carraro India Limited
₹704-7.53%
SENORES
Senores Pharmaceuticals Limited
₹391+53.45%