IPO Synopsis
| SRIT India Ltd |
|---|
| Registered Office: Srit House 113/1B ITPL Main Rd,Kundalahalli,Bangalore-560037, Karnataka |
| Tel. No: +91-80419 51999 |
| Fax No: NA |
| Email: cs.nidhi@sritindia.com |
| Website: www.sritindia.com |
| 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. 130 per equity share (including a share premium of Rs. 125 per equity share) ("Issue Price") aggregating up to Rs. 218.4 Crores ("Issue") comprising a fresh issue of up to 16,800,000 equity shares by the company aggregating up to Rs. 218.4 Crores ("fresh issue"). The issue shall constitute [*]% of the post-issue paid up equity share capital of the company. Price Band: Rs. 130 per equity share of face value of Rs. 5 each. The floor 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. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | |
| 28-Sep-2026 | 30-Sep-2026 | ₹130.00 - 0.00 | |
| Minimum Application for shares in Nos : 115.0 | Further Multiples of :115.0 |
|---|
| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 191.98 | Choice Capital Advisors Private Limited |
| Project Financed through Current Offer | 218.40 | |
| Post Issue Equity Share Capital | 32.14 | |
| Issue Price | 130.00 |
| Projects |
|---|
| Funding of capital expenditure requirements towards modernization of existing products and redevelopment |
| Funding working capital requirements of the Company |
| General corporate purposes |
| Promoted By |
|---|
| Nambiar Raghavan Madhusoodan |
| Prasaktha Vakkiyl Nambiar |
| Martin Poovakkulam Chacko |
| Listing At |
|---|
| BSE |
| NSE |
| Registrar To The Issue |
|---|
| KFin Techologies Ltd |
