SRM Contractors Ltd. IPO

About Company

About SRM Contractors Limited SRM Contractors Limited (SCL) was founded in 2008, and it specializes in building roads (including bridges), tunnels, slope stabilization projects, and other construction projects in the Union Territories of Jammu & Kashmir and Ladakh. The business subcontracts infrastructure construction projects and works as an EPC contractor for infrastructure projects, billing on a unit-price basis. Following are the company's principal business verticals: 1. Road Projects: These include designing, building, widening, upgrading, strengthening, and/or improving roads, bridges, and highways in the Union Territories of Jammu and Kashmir and Ladakh, as well as their maintenance. 2. Tunnel Projects: These include the design and building of new tunnels, as well as cut-and-cover tunnels for the protection of landslides and avalanches, as well as caverns. They also include the expansion, upgrading, restoration, and/or strengthening and improvement of existing tunnels in the Union Territories of Jammu and Kashmir and Ladakh, including the creation of niches or modifications in niches. 3. Slope Stabilization Works: as part of the slope stabilization work, reinforced embankment structures are planned and built. Other non-essential civil construction tasks include building private and public housing, constructing drainage systems, and installing irrigation and flood control measures. By March 2024, the company will have finished 37 infrastructure construction projects totaling Rs. 77,088.00 lakhs, which include 3 tunnel projects, 1 slope stabilization project, 2 miscellaneous construction projects, and 31 road projects. Of the 37 projects, 8 were carried out through project-specific joint ventures, and 29 infrastructure construction projects, including subcontracts, were handled independently by the company.