IPO IPO-Synopsis
SRIT India Ltd

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Registered Office: Srit House 113/1B ITPL Main Rd,Kundalahalli , Bangalore - 560037 , Karnataka , India.
Phone : +91-80419 51999   Fax:
Email :  cs.nidhi@sritindia.com  
Website :  www.sritindia.com
Initial public offering of up to 16,800,000 equity shares of face value of Rs5/- each ("Equity Shares") of Srit India Limited ("Company" or "Issuer") for cash at a price of Rs123-130 per equity share (including a share premium of Rs118-125 per equity share) ("Issue Price") aggregating up to 206.64-218.4 Crores ("Issue") comprising a fresh issue of up to 16,800,000 equity shares by the company aggregating up to Rs206.64-218.4 Crores ("fresh issue"). The issue shall constitute [*]% of the post-issue paid up equity share capital of the company. Price Band: Rs123 to Rs130 per equity share of face value of Rs5 each. The floor price is 24.60 times the face value of the equity shares and the cap price is 26.00 times the face value of the equity shares. Bids can made for a minimum of 115 equity shares of face value of Rs5 each and in multiples of 115 equity shares of face value of Rs5 each thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
28-Sep-26 30-Sep-26 Rs123.00-130.00 Rs0.00-0.00
Minimum Application for shares in Nos :115  Further Multiples of :115

  Rs Cr Lead Managers to the Issue
Project Cost 0.00
Choice Capital Advisors Private Limited
Project Financed through Current Offer 206.64  
Post Issue Equity Share Capital 32.14  
Issue Price Rs123.00  
Projects
Funding of capital expenditure requirements towards modernization of existing products and redevelopmentGeneral corporate purposes
Funding working capital requirements of the Company
Promoted By
Nambiar Raghavan Madhusoodan
Prasaktha Vakkiyl Nambiar
Martin Poovakkulam Chacko
Listing At
BSE 
NSE 
Registrar to the Issue
KFin Techologies Ltd