SRIT India Limited IPO Subscription Update: Issue Subscribed 3.21x on Day 2
On the second day, SRIT India Limited received bids for 3,77,24,715 shares against 1,17,60,000 shares available for subscription, according to NSE data. The retail investor category was subscribed 4.88, while the Non-Institutional Investor (NII) category and Qualified Institutional Buyer (QIB) portion had received 3.57 and 0.02 bids at the time of the update. Investors can also visit our IPO page to track subscription updates and other upcoming public issues.
| SR. NO. | CATEGORY | NO OF TIMES OF TOTAL MEANT FOR THE CATEGORY |
|---|---|---|
| 1. | Qualified Institutional Buyers (QIBs) | 0.45 |
| 2. | Non-Institutional Investors | 0.38 |
| 3. | Retail Individual Investors (RIIs) | 0.80 |
| - | Total | 3.21 |
SRIT India Overview & Purpose
The SRIT India IPO is offering a Rs 218.40 crore IPO, comprising an entirely fresh issue of 1.68 crore equity shares. The issue is priced in the range of Rs 123 to Rs 130 per share, with a minimum lot size of 115 shares.
As the IPO comprises only a fresh issue, the entire proceeds from the issue will be received by the Company.
Disclaimer
Investments in the securities market are subject to market risks. Read all related documents carefully before investing. Registration granted by SEBI, and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors. Choice Equity Broking Private Limited: SEBI Reg No. Broking - INZ000160131 ( BSE - 3299 ) | ( NSE - 13773 ) | ( MSEI - 73200 ) | ( MCX - 40585 ) | ( NCDEX - 01006 ). Depository Participant SEBI Reg. No. - IN - DP - 84 - 2015, DP ID CDSL - 12066900, NSDL ID - IN301895. Research Analyst - INH000000222 (CIN. NO.: U65999MH2010PTC198714)
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