We are letting you know how much you can invest in this IPO if you also intend to contribute money.
What is the investment amount that can be made, both minimum and maximum?
Retail investors must apply for a minimum of one lot, or 70 shares, in this IPO. The IPO price range has been set by the business at ₹200–₹210 per share. Applying for a single lot at the IPO's highest price range of ₹210 will need an investment of ₹14,700. Retail investors must pay ₹191,100 in order to bid on a maximum of 13 lots, or 910 shares.
A 19.05% return on investment is possible.
The company's shares reached a premium of 19.05%, or ₹ 40 per share, in the gray market prior to the IPO opening. In this case, it can be listed for ₹ 250 in accordance with the higher price band of ₹ 210.
In 2008, SRM Contractors was founded.
SRM Contractors Limited is a construction and development business that was founded in 2008. Its primary focus is on road, bridge, tunnel, and other development work in Jammu-Kashmir and Ladakh.
We are letting you know how much you can invest in this IPO if you also intend to contribute money.
What is the investment amount that can be made, both minimum and maximum?
Retail investors must apply for a minimum of one lot, or 70 shares, in this IPO. The IPO price range has been set by the business at ₹200–₹210 per share. Applying for a single lot at the IPO's highest price range of ₹210 will need an investment of ₹14,700. Retail investors must pay ₹191,100 in order to bid on a maximum of 13 lots, or 910 shares.
A 19.05% return on investment is possible.
The company's shares reached a premium of 19.05%, or ₹ 40 per share, in the gray market prior to the IPO opening. In this case, it can be listed for ₹ 250 in accordance with the higher price band of ₹ 210.
In 2008, SRM Contractors was founded.
Founded in 2008, SRM Contractors Limited is a construction and development firm that primarily works on road, bridge, tunnel, and other development projects in Jammu & Kashmir and Ladakh.
