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SRIT India Ltd
Registered Office:
Srit House 113/1B ITPL Main Rd,Kundalahalli,
Bangalore - 560037,
Karnataka, India.
Phone : +91-80419 51999
Fax : 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 (
R
s
) 5/- each ("Equity Shares") of Srit India Limited ("Company" or "Issuer") for cash at a price of (
R
s
) 130 per equity share (including a share premium of (
R
s
) 125 per equity share) ("Issue Price") aggregating up to (
R
s
) 218.4 Crores ("Issue") comprising a fresh issue of up to 16,800,000 equity shares by the company aggregating up to (
R
s
) 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: (
R
s
) 130 per equity share of face value of (
R
s
) 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 (
R
s
) 5 each and in multiples of 115 equity shares of face value of (
R
s
) 5 each thereafter.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
28-Sep-26
30-Sep-26
130.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 115 Further Multiples of : 115
(
R
s
.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