31 Jan 2026 | 5 Mins Read
Srit India seeks IPO to fund capital outlays and working capital
Flipitmoney
Srit India, a Bengaluru-based software solutions company, filed a draft document to raise funds via IPO. The IPO comprises 1.68 crore fresh equity shares, valuing Rs 200-250 crore. Proceeds will be used for capital expenditure (15.3 crore), working capital (124 crore), inorganic growth, and general corporate purposes. Srit India reported a 43.6% revenue surge to Rs 389.3 crore in FY2025.