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SRM Contractors lists with 7.14% premium on the BSE

03 Apr 2024 Evaluate

SRM Contractors has debuted at Rs 225.00 on the BSE, up by 15 points or 7.14% from its issue price of Rs 210.00. 

The scrip is currently trading at Rs 236.20, up by 26.2 points or 12.48% from its issue price. 

It has touched a high and low of Rs 236.20 and Rs 213.75 respectively. So far 3.01 lakh shares were traded on the counter.

The offering, which was open for subscription between March 26, 2024 and March 28, 2024 was subscribed 86.57 times. The issue price was fixed at Rs 210.00 per share i.e. at upper end of price band of Rs 200-210 apiece. 

SRM Contractors is a construction and development company primarily engaged in the construction of roads (including bridges), tunnels, slope stabilization works, and other construction activities in the Union Territories of Jammu and Kashmir and Ladakh. 

SRM Contractors Share Price

520.70 2.60 (0.50%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4094.95
Rail Vikas Nigam 303.10
NCC 161.30
KEC International 580.10
Kalpataru Projects 1232.90
View more..

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