Mumbai, Sept. 28 -- The initial public offer (IPO) of Srit India was subscribed 1 times on the first day of bidding on 28 September 2026, according to stock exchange data at 17:00 IST. The issue received bids for 1,17,29,885 shares against 1,17,60,000 shares on offer.

The issue opened for subscription on 28 September 2026 and will close 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 equity shares are proposed to be listed on the BSE and NSE.

The IPO is entirely a fresh issue of 1,68,00,000 equity shares. It is worth Rs 206.64 crore at the lower price band and Rs 218.40 crore at the upper price band. Following the issue, promoter and promoter group shareholding is exp...