SRM Contractors’s IPO will hit the market on March 26, 2024, and closes on March 28, 2024. The SRM Contractors IPO GMP Kostak rate is subject to sauda updated as of today. The SRM Contractors IPO Grey Market Premium has started with low premium rates at this time, we need to wait for the rates to change with the market sentiment in a few days or to stabilize the rates. You can check SRM Contractors IPO subscription status here.
SRM Contractors Limited is an engineering construction and development company engaged primarily in the construction of roads (including bridges), tunnels, slope stabilization works, and other miscellaneous civil construction activities in the Union Territories of Jammu & Kashmir and Ladakh.
SRM Contractors IPO Issue size of ₹130.20 Crores, in which Fresh Issue of ₹130.20 Crores and issue price band has been fixed at ₹200 to ₹210 Per Share. The SRM Contractors IPO is to be listed on April 03, 2024, NSE and BSE.
What is SRM Contractors IPO GMP Today?
■ The SRM Contractors IPO GMP Today Or Grey Market Premium is ₹78-₹80.
What are SRM Contractors IPO Kostak Rates Today?
■ The SRM Contractors IPO Kostak rate is ₹0.
What is SRM Contractors IPO Subject to Sauda Price Today?
■ The SRM Contractors IPO Subject to Sauda rates is ₹4000.
SRM Contractors IPO Approximately Returns?
■ The SRM Contractors IPO’s approximate return is 30%-35%, and it can also change according to the Market Sentiment.
SRM Contractors IPO GMP Live, Kostak, & Subject :
| Date | GMP | Kostak | Subject |
| 03 Apr 2024 | List: ₹215.25 Gain: 2.50% | ₹0 | ₹0 |
| 26 Mar 2024 | ₹78-₹80  | ₹0 | ₹4000 |
| 25 Mar 2024 | ₹68-₹70 | ₹0 | ₹4000 |
| 24 Mar 2024 | ₹68-₹70 | ₹0 | ₹3500 |
| 23 Mar 2024 | ₹68-₹70 | ₹0 | ₹3500 |
| 22 Mar 2024 | ₹58-₹60 | ₹0 | ₹3000 |
| 21 Mar 2024 | ₹38-₹40 | ₹0 | ₹2100 |
| 20 Mar 2024 | ₹30-₹32 | ₹0 | ₹1600 |
| 19 Mar 2024 | ₹24-₹25 | ₹0 | ₹1200 |
IPO GMP Facts :
- The GMP is usually higher for IPOs of well-known companies with strong fundamentals.
- The GMP is also likely to be higher for IPOs that are heavily subscribed.
- It is important to do your own research before investing in an IPO, regardless of the GMP.
- The IPO GMP is estimated, considering market volatility, limited historical data, underwriting conditions, legal risks, and potential dilution.
IPO GMP Disclaimer :
- GMP is not an indicator of the final listing price: The GMP is just a reflection of the demand and supply of the IPO shares in the grey market. The final listing price will depend on a number of factors, including the overall market sentiment and the performance of the company in the post-IPO period.
- The GMP can be volatile: The GMP can fluctuate significantly in the days leading up to the IPO listing. This is due to the uncertainty surrounding the final listing price and the volatility of the stock market in general.
- There is no guarantee of profit: Even if the GMP is high, there is no guarantee that the IPO shares will list at a profit. The final listing price could be lower than the GMP, or the shares could even decline in value after listing.
- Investing in IPOs carries risks: IPOs are considered to be high-risk investments. There is always the possibility that the company could fail, or that the shares could be diluted in the future.
- Risk Factors: Identify and articulate the key risk factors that could impact the IPO GMP and subsequent trading of the company’s shares. These may include industry-specific risks, regulatory uncertainties, economic downturns, and competitive pressures.
| SRM Contractors IPO Details: Click Here SRM Contractors IPO Subscription: Click Here SRM Contractors IPO Allotment: Click Here SRM Contractors IPO Listing: Click Here |
All SRM Contractors IPO-related links are available here. If you want to know the details then click on the click here Link.
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