SRIT India Rs 218.4 Crore IPO From Sept. 28
Headline by Prism · from 1 report
SRIT India has announced an initial public offering of 218.4 crore rupees opening on September 28, 2026.
Deccan ChronicleThe brief
Written by software from the 1 report below.
- Bengaluru-based IT company SRIT India will launch an initial public offering of 218.4 crore rupees on September 28, 2026.
- The offering consists of a fresh issue of 1.68 crore equity shares priced between 123 and 130 rupees per share.
- Proceeds will be used to modernize products, support working capital requirements, and pursue inorganic growth.
- The company provides digital platforms for government and enterprise clients in sectors including healthcare and telecommunications.
Who said what
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Nambiar Raghavan Madhusoodan
MD & CEO, SRIT India
1 quote · 1 outlet
“We have built our capabilities around designing, implementing and operating mission-critical digital platforms across e-governance, telecommunications and broadband, and healthcare. The proposed deployment of the net proceeds towards product modernization, working capital and strategic growth initiatives is intended to support the next phase of our business as we continue strengthening our technology capabilities and expanding our solution portfolio”
In the article
…and redevelopment( Rs 12.85 crore), funding working capital requirements( Rs 124 crore), achieving inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes. " We have built our capabilities around designing, implementing and operating mission-critical digital platforms across e-governance, telecommunications and broadband, and healthcare. The proposed deployment of the net proceeds towards product modernization, working capital and strategic growth initiatives is intended to support the next phase of our business as we continue strengthening our technology capabilities and expanding our solution portfolio ,” said Dr. Nambiar Raghavan Madhusoodan, MD & CEO, SRIT India. SRIT India has a track record of executing large-scale digital transformation projects for government entities and enterprises. As of June 30, 2026, the…
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NamedIndia · Bombay Stock Exchange · NSE · Nambiar Raghavan Madhusoodan · SRIT India
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