The basis of allotment for the SRIT India IPO is likely to be finalised today, October 1, following a strong response from investors. The Rs 218.40-crore public issue was subscribed 125.16 times by the time bidding closed, according to NSE data.
The IPO was offered in a price band of Rs 123-130 per share, with a lot size of 115 shares. The issue received bids for 1,47,18,85,805 shares against 1,17,60,000 shares on offer.
