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IPO-Synopsis
SRIT India Ltd
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 26.14% 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
Opens On Closes On
28-Sep-26 30-Sep-26
Money Payable On
Application Allotment
130.00 0.00
Minimum Application for shares in Nos : 115 Further Multiples of : 115
Cr Lead Managers to the Issue
Project Cost (.Cr) 191.98 Choice Capital Advisors Private Limited
Project Financed through Current Offer (.Cr) 218.40  
Post Issue Equity Share Capital (.Cr) 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

DJIA 51284.68
86.72 0.17%
S&P 500 7793.50
49.78 0.64%
HANG SENG 24258.23
217.89 0.91%
NIKKEI 225 70716.70
769.84 1.10%
FTSE 100 10489.44
27.49 0.26%
NIFTY 22776.10
220.35 0.98%
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