Mumbai, Oct. 1 -- The initial public offer (IPO) of Srit India was subscribed 125.16 times on the first day of bidding on 28 September 2026. The issue received bids for 1,47,18,85,805 shares against 1,17,60,000 shares on offer.

The qualified institutional buyers' (QIB) portion was subscribed 91.84 times, while the non-institutional investors' (NII) category was subscribed 312.99 times. The retail individual investors' (RII) segment was subscribed 63.70 times.

The issue opened for subscription on 28 September 2026 and closed on 30 September 2026. The price band has been fixed at Rs 123 to Rs 130 per share. The minimum bid is 115 shares.

The IPO is entirely a fresh issue of 1,68,00,000 equity shares. It is worth Rs 206.64 crore at the lo...