SRM Contractors IPO sails through within 2 hours, GMP surges. Check subscription, price band and other details

SRM Contractors IPO, which closes on March 28, is a fresh equity sale of 62 lakh shares, where investors can bid for 70 shares in one lot. 50% of the offer is reserved for qualified institutional buyers, 15% for non-institutional investors, and remaining 35% for retail investors.

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