SRIT India Ltd. has opened its IPO for subscription on September 28. The issue will remain open until September 30, with the price band fixed at Rs.123–130 per share. The company is seeking to raise Rs.218.40 crore through a fresh issue of 1.68 crore shares.
The minimum lot size is 115 shares, requiring a minimum investment of Rs.14,950 at the upper end of the price band. The shares are proposed to be listed on both BSE and NSE on October 6, subject to completion of the IPO process.
