SRM Contractors allots warrants
SRM Contractors (BSE: SRM) said it has allotted warrants. The company is valued at about ₹915 crore.
What happened
SRM Contractors (BSE: SRM) informed the stock exchanges on 15 October 2026 at 08:59 PM that it has allotted warrants.
From the filing: "The intent of the promoters, directors, key management personnel, or senior management of the issuer to subscribe to the offer."
Company snapshot
SRM Contractors is a micro-cap company, with a market value of about ₹915 crore.
The stock last traded at ₹398.6, against a 52-week range of ₹361.4–₹650 (38.7% below the high).
Before this filing the shares had moved −8.6% over the month and −19.0% over three months. Average daily turnover over the last 20 sessions was about ₹1.75 crore.
Promoters held 72.59% at the end of Q1 FY27. Foreign institutions owned 0.09% and domestic institutions 0.25%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 142 | 12.7 | 5.56 |
| Q2 FY26 | 206 | 20.1 | 8.75 |
| Q3 FY26 | 231 | 24.1 | 10.5 |
| Q4 FY26 | 446 | 54.1 | 23.58 |
| Q1 FY27 | 196 | 19.7 | 8.59 |
What history shows
BCEIE has no earlier fund raising filing from this company on record since May 2026.
Market-wide, 1,601 fund raising filings with an impact score of 50 or more saw an average next-day move of +0.4%, with 48% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- How the money raised is used and, for equity instruments, the dilution for existing shareholders.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.