Big Profit! 3 - SRM Contractors, TAC Security, Radiowalla Apply? -

SRM Contractors, TAC Security, and Radiowalla major three companies are coming with their IPO this week So Let’s talk Should we apply or Not?

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SRM Contractors

The public offer will open for subscription on March 26 and close on March 28, 2024.

Jammu & Kashmir-based EPC contractor SRMC IPO is set to open on March 26. The public offer is a fresh issue of 62 lakh shares. Ahead of the IPO, the company raised Rs 39.06 crore from three anchor investors.

Price Band: Rs. 200 – 210 per Share
Offer Details: 130.2 Crore Raise
Lot size: 70 Equity Shares, Rs. 14,000 Investment
Profile: Tunnels, Roads, Sloe Works, Miscellaneous civil construction
Allotment Date: April 1
Listing Date: April 3

Company Overview

The company specializes in road, tunnel, and civil construction primarily operating in the union territories of Jammu & Kashmir and Ladakh. The company’s portfolio includes bridge construction, slope stabilization works, and other civil engineering projects. Founded by Sanjay Mehta, Ashley Mehta, and Puneet Pal Singh, They focus on delivering high-quality infrastructure solutions.

With a track record of executing projects efficiently and adhering to strict quality standards, the Company has established itself as a trusted player in the construction industry, contributing to the development of essential infrastructure in challenging terrains.

SRM Contractors IPO: 10 things to know before subscribing to Rs 130 crore issue

SRM Contractors, TAC Security, Radiowalla

TAC Security

The public offer will open for subscription on March 26 and close on April 02, 2024.

Ace investor Vijay Kedia-backed Tac Security’s Rs 29.99-crore public issue is set to open for bids on March 26. If successful, it will be the first pure-play cyber security company to be listed on Indian stock exchanges.

Price Band: Rs. 100 – 106 per Share
Offer Details: 29.99 Crore Raise
Lot size: 1,200 Equity Shares
Profile: Vulnerability management and Assessment solutions, Cybersecurity quantification
Allotment Date: April 3
Listing Date: April 4

Company Overview

TAC Security is a leading provider of cybersecurity solutions, offering comprehensive services to protect organizations from cyber threats. Founded by Trishneet Arora, TAC Security specializes in vulnerability assessment, penetration testing, and security audits to safeguard businesses from cyber attacks. With a team of skilled professionals and advanced technology, TAC Security serves clients across various industries, including banking, healthcare, and government sectors.

Committed to innovation and excellence, the company delivers proactive security measures and strategic guidance to mitigate risks and ensure the integrity of digital assets. TAC Security plays a crucial role in enhancing cybersecurity posture and resilience for businesses worldwide.

TAC Security IPO: 10 things to know before subscribing to Rs 29.99 crore issue

Radiowalla

The public offer will open for subscription on March 27 and close on April 02, 2024.

Narnolia Financial Services Ltd is the book-running lead manager of the Radiowalla IPO, while Maashitla Securities Private Limited is the registrar for the issue. The market maker for Radiowalla IPO is Ss Corporate Securities.

Price Band: Rs. 72 – 76 per Share
Offer Details: 14.25 Crore Raise
Lot size: 1,600 Equity Shares
Profile: Radio Engagement Solutions and Subscription Services, Advertisement Solutions.
Allotment Date: April 3
Listing Date: April 5

Company Overview

Radiowalla is a leading provider of audio branding solutions, offering innovative services to enhance brand communication through sound. Founded by Anil Srivatsa, Radiowalla specializes in creating customized audio content, including jingles, commercials, and branded playlists, tailored to client needs. With a team of talented composers and sound engineers, Radiowalla helps businesses establish a unique sonic identity and connect with their target audience effectively.

The company’s solutions are utilized across various platforms, including radio, digital media, and in-store environments, enabling brands to create memorable auditory experiences and drive brand engagement. Radiowalla continues to be a pioneering force in the field of audio branding, shaping the sonic landscape for businesses worldwide.