SRM Contractors Ltd IPO

Proven track record of efficient execution of roads, tunnels and slope stabilisation works in the difficult terrain of union territory of Jammu and Kashmir.

Efficient business model of selecting and clustering of our projects in the union territories of Jammu & Kashmir and Ladakh.

Continuous Focus on equipment ownership.

Strong financial performance in the last three financial years.

In-house integrated model.

Experienced Promoters with strong management team.

The companys business is concentrated in the Union Territory of Jammu & Kashmir and Ladakh and the company is exposed to risks emanating from economic, regulatory and other changes in the Union Territory of Jammu & Kashmir and Ladakh.

Its revenue is majorly concentrated from projects undertaken or awarded by government authorities in Union Territory of Jammu & Kashmir and Ladakh. Any adverse changes in the central or policies in the Union Territory of Jammu & Kashmir and Ladakh may lead to its contracts being foreclosed, terminated, restructured or renegotiated, which may have a material effect on its business and results of operations.

The company derives a significant portion of its revenues from a limited number of clients. The loss of any significant clients may have an adverse effect on its business, financial condition, results of operations, and prospects.

The company may have certain contingent liabilities and its financial condition and profitability may be adversely affected if any of these contingent liabilities materialize.

The company has not yet placed orders in relation to the capital expenditure to be incurred for the proposed purchase of equipment / machineries. In the event of any delay in placing the orders, or in the event the vendors are not able to provide the equipment / machineries in a timely manner, or at all, the same may result in time and cost over-runs.

Infrastructure projects are typically awarded to it on satisfaction of prescribed pre-qualification criteria and following a competitive bidding process. The company business and its financial condition may be adversely affected if new infrastructure projects are not awarded to it or if contracts awarded to the company is prematurely terminated.

Its business is working capital intensive involving relatively long implementation periods. The company requires substantial financing for its business operations. The company indebtedness and the conditions and restrictions imposed on by its financing arrangements could adversely affect the company ability to conduct its business.

The company derives majority of its revenues from construction of Roads, Tunnel and Slope Stabilisation work and the company financial condition would be materially and adversely affected if its fail to obtain new Roads, Tunnel and slope stabilisation work or its current Roads, Tunnel and Slope Stabilisation work are terminated.

The Company, its Promoters, its Directors and its Joint Ventures are involved in litigation proceedings that may have a material adverse outcome.

The company Promoters have issued personal guarantees and/or mortgaged their property in relation to debt facilities availed by it, which if revoked, may requires alternative guarantees, repayment of amounts due or termination of the facilities.