Initial public offering of up to 16,800,000 equity shares of face value of Rs. 5/- each ("Equity Shares") of Srit India Limited ("Company" or "Issuer") for cash at a price of Rs. 123-130 per equity share (including a share premium of Rs. 118-125 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 Rs. 206.64-218.4 Crores ("fresh issue"). The issue shall constitute [*]% of the post-issue paid up equity share capital of the company.
Price Band: Rs. 123 to Rs. 130 per equity share of face value of Rs. 5 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 Rs. 5 each and in multiples of 115 equity shares of face value of Rs. 5 each thereafter.
IPO Details
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
28-Sep-2026
30-Sep-2026
₹ 123.00
₹ 0.00
Minimum Application for shares in Nos
Minimum Application for shares in Nos : 115.0 Further Multiples of : 115.0
(₹)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
₹123.00
Projects
Projects
Funding of capital expenditure requirements towards modernization of existing products and redevelopment
Funding working capital requirements of the Company