SRIT India’s ₹218.40-crore IPO
SRIT India’s IPO is a fresh issue of 1.68 crore shares. Reports gave differing subscription figures during the issue, while grey-market premium estimates rose from 12–25% to ₹33 and then 27%.
Timeline
Wednesday, 30 September
Tuesday, 29 September
- IPO GMP Today: SRIT India vs Shah Investor's Home - Which Has the Highest Listing Gain?
SRIT India’s IPO was subscribed 18.74 times and had a GMP of +33
- SRIT India leads Shah Investor’s Home in grey-market premium on IPO final day
SRIT India’s grey-market premium is ₹33, or 25%, above its ₹130 upper price band
Monday, 28 September
- SRIT India IPO subscription figures differ on day one
Business Standard says the IPO was fully bid, with 1.17 crore shares bid against 1.17 crore offered
- SRIT India launches ₹218.40-crore IPO as GMP estimates vary
The ₹218.40-crore IPO is entirely a fresh issue of 1.68 crore shares
