SRM Contractors IPO Retail and NII portion fully booked within hours of opening; check GMP, subscription status, more
BSE data. The qualified institutional buyers (QIBs) portion is yet to be booked.
So far, the retail portion has been subscribed 1.11 times, and NII portion has been booked 1.06 times. Also Read: SRM Contractors IPO opens today: GMP, review, subscription status, other details.
Apply or not? The SRM Contractors IPO is the sole mainboard IPO open for subscription this truncated week. The issue will close on Thursday, March 28.
SRM Contractors IPO price band has been fixed in the range of ₹200 to ₹210 apiece of the face value of ₹10. It has reserved not less than 15% for NIIs, a maximum of 50% for QIBs, and not less than 35% for retail investors.
Bids can be made for multiples of 70 shares, with a minimum bid of 70. "Exciting news! Mint is now on WhatsApp Channels
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