SRIT India Ltd. has announced public offering of 16800000 shares at a price of Rs 5.00 each for Cash at a Premium of Rs 125.00 per share. The gross proceeds of the issue are expected to be Rs 21,840.00 lakhs.

The company's initial public offer (IPO) will open on 28 September 2026 and is expected to close on 30 September 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 123.00-130.00 per share.

The IPO includes a fresh Issue of 16800000 Equity Shares of the Company at an price of Rs 130.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 115 shares with bids in multiples of 115.

SRIT India Ltd. anticipates using the proceeds of the issue for Funding of capital expenditure requirements towards modernization of existing products and redevelopment Funding working capital requirements of the Company Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes.

Choice Capital Advisors Pvt. Ltd. as lead manager & KFin Technologies Ltd. is the registrar, to the issue.