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SRIT India moves closer to markets with fresh IPO filing
SRIT India has filed IPO papers to fund expansion and working capital, with investors watching growth plans, finances, and scalability before listing.
Software solutions firm SRIT India has filed draft IPO papers with market regulator Sebi to raise funds for capital expenditure and working capital needs. The company plans to use proceeds to expand infrastructure, strengthen delivery capabilities, and support business growth. The issue will also provide partial exit to existing shareholders. Analysts say investors will closely track financial performance, client concentration, and scalability prospects going forward.