SRIT India Limited IPO Opens on September 28, 2026
Total Issue Size – Up to 16,800,000 Equity Shares of ₹5 each IPO Size - ₹218.4 Crore (At Upper Price Band) Price Band - ₹123 - ₹130 Per Equity Share Lot Size – 115 Equity Shares Mumbai, September 24, 2026 – SRIT India Limited, a Bengaluru-headquartered Information Technology and Information Technology enabled Services (IT/ITeS) solutions company, proposes to open its Initial Public Offering on Monday, September 28, 2026 aiming to raise ₹218.4 Crore (At Upper Price Band), with shares to be listed on the NSE & BSE platform. The issue size is 16,800,000 equity shares at a face value of ₹5 each with a price band of ₹123 - ₹130 Per Equity Share. Equity Share Allocation Net QIB – Not more than 50% of the Issue NII – Not less than 15% Of the Issue Individual Investors – Not less than 35% of the Issue The net proceeds from the IPO will be utilized for Funding of capital expenditure requirements towards modernization of existing products and redevelopment...