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SRIT India Ltd
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cs.nidhi@sritindia.com Website:www.sritindia.com
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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. 123-130 per equity share (including a share premium of Rs. 118-125 per equity share) ("Issue Price") aggregating up to 206.64-218.4 Crores ("Issue") comprising a fresh issue of up to 16,800,000 equity shares by the company aggregating up to Rs. 206.64-218.4 Crores ("fresh issue"). The issue shall constitute [*]% of the post-issue paid up equity share capital of the company.
Price Band: Rs. 123 to Rs. 130 per equity share of face value of Rs. 5 each.
The floor price is 24.60 times the face value of the equity shares and the cap 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.
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SRIT India Ltd
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Rs Cr |
Lead Managers to the Issue |
| 0.00 |
| Choice Capital Advisors Private Limited |
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| 206.64 |
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| 32.14 |
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| Rs.
123.00
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| Projects |
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Funding of capital expenditure requirements towards modernization of existing products and redevelopment
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Funding working capital requirements of the Company
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General corporate purposes
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| Nambiar Raghavan Madhusoodan |
| Prasaktha Vakkiyl Nambiar |
| Martin Poovakkulam Chacko |
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