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SRIT India Ltd

SRIT India Ltd

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹130
₹130
GMP (Grey Market)
+₹34
+26.15%
Est. Listing Price
₹164
Based on GMP
Min. Investment
₹14,950
1 lot × 115 shares
Subscribed
86.96x
Over-subscribed
IPO Details
Open Date
28 Sep 2026
Close Date
30 Sep 2026
Allotment
01 Oct 2026
Listing Date
06 Oct 2026
Exchange
NSE & BSE
Price Band
₹130
Listing Price
See chart
Allotment Status
Price Band
₹130
Per share
Face Value
₹5 per share
 
Lot Size
115 Shares
per lot
Issue Size
1,68,00,000 shares (agg. up to ₹218 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,950
1 lot
Pre-IPO Holding
4,74,71,757 shares
Promoters
Post-IPO Holding
6,42,71,757 shares
Promoters
P/E (Pre)
14.25x
 
P/E (Post)
19.29x
 
EPS (Pre)
₹9.12
 
EPS (Post)
₹6.74
 
UPI Deadline
5:00 PM on 30 Sep 2026
Mandate
GMP
+₹34
+26.15% est.
Anchor AllotmentSun, 27 Sep 2026
Basis of AllotmentThu, 01 Oct 2026
Refund InitiationMon, 05 Oct 2026
Demat CreditMon, 05 Oct 2026
Listing DayTue, 06 Oct 2026
UPI Mandate Deadline5:00 PM on 30 Sep 2026
Sale TypeFresh capital only
Fresh Issue Shares1,68,00,000 shares (agg. up to ₹218 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
SRIT India Ltd IPO subscribed 86.96 times overall. Retail: 61.65x. QIB: 37.25x. NII: 311.70x. By 30 Sep 2026.
QIB
37.25x
Over
NII/HNI
311.70x
Over
Retail
61.65x
Over
Total
86.96x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 37.25x
8,400,000
— ₹109.20
NII / HNI
Over 311.70x
2,520,000
— ₹32.76
Retail
Over 61.65x
5,880,000
— ₹76.44
Total 86.96x
16,800,000
100% ₹218.40
IPO Shares Offered
SRIT India Ltd IPO total issue size: ₹218.40 Cr. Retail: ₹76.44 Cr. QIB: ₹109.20 Cr. NII: ₹32.76 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
QIB 8,400,000 ₹109.20
50.00%
NII 2,520,000 ₹32.76
15.00%
Retail 5,880,000 ₹76.44
35.00%
Total 16,800,000 ₹218.40
100.00%
* Based on upper price band ₹130 per share
Basis of Allotment
QIB NII Retail Total
Ex. Anchor Anchor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (shares) — — — — — 2,520,000 5,880,000 8,400,000
Allotment price (₹) 130 130 130 130 130 130 130 130
No. of applications — — — — — — — —
No. of shares applied — — — — — — — —
Amount collected (₹Cr) — — — — — — ₹76.44 ₹76.44
Times subscribed 37.25x — — — — 311.70x 61.65x 86.96x
Shares allotted — — — — — 2,520,000 5,880,000 8,400,000
No. of allottees — — — — — — — —
* Upper price band ₹130 · ** Anchor allotment excluded from public shares
Lot Size & Investment
Lot Size
115
Shares per Lot
Issue Price
₹130.00
Upper Band
Min Investment
₹14,950
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2230₹29,900
Retail (Max — 13 Lots)131,495₹194,350
S-HNI (Min — 14 Lots)141,610₹209,300
B-HNI (Min — 68 Lots)687,820₹1,016,600
* Issue Price ₹130 × Lot Size 115 shares
IPO Schedule
Anchor
27 Sep 2026
✓ Done
IPO Open
28 Sep 2026
✓ Done
IPO Close
30 Sep 2026
✓ Done
Allotment
01 Oct 2026
✓ Done
Refunds
05 Oct 2026
✓ Done
Demat Credit
05 Oct 2026
✓ Done
Listing Day
06 Oct 2026
✓ Done
SRIT India Ltd — Live Price LIVE
₹130.00
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Issue ₹130.00 GMP: +₹34 Live Price
About SRIT India Ltd
Incorporated in September 1999, SRIT India Limited is a Bengaluru-headquartered Information Technology and Information Technology enabled Services (IT/ITeS) solutions company providing digital solutions, custom application development and system integration services. With 26 years of industry experience, the Company designs, implements and operates digital platforms for Government entities and Enterprises in India and select overseas markets.The Company operates across three verticals: healthcare, electronic governance, and telecommunications and broadband. Its offerings include healthcare information systems, digital health platforms, e-governance solutions, cybersecurity, enterprise software, networking, connectivity, fibre optic infrastructure, system integration, automation and managed se40.99rvices. The Company also provides configurable and customised solutions that can be integrated with third-party platforms and has commenced developing AI-enabled solutions across its key verticals.In the last decade, the Company has executed more than 103 projects with an aggregate order value of approximately ₹12,347.16 million for Government and Enterprise customers. Its projects include healthcare platforms, nationwide banking connectivity, state-wide fibre networks, AI-driven traffic management and power transformer monitoring solutions. The Company has a presence across multiple Indian states and also operates internationally through its Qatar operations.The Company's delivery processes are appraised at CMMI Level 5 and SSE-CMM and are certified to ISO 27034-1:2011, ISO/IEC 27001:2022 and ISO 45001:2018. Revenue from operations increased from ₹3,893.47 million in Fiscal 2025 to ₹4,499.99 million in Fiscal 2026, while profit after tax increased from ₹336.04 million to ₹432.89 million during the same period.As of June 30, 2026, the Company had 177 permanent employees, 7 contract-specific employees and 107 consultants. Its experienced workforce supports application development, project management, operations, solution architecture, support engineering, quality management and service delivery.Competitive StrengthsStrong financial performance.Growing capabilities in AI-enabled solutions.Diversified presence across three key verticals.Experienced Promoters and Senior Management team.End-to-end digital solutions and integration capabilities.26 years of industry experience and established track record.Strong Government and Enterprise project execution track record.
Objects of the Issue
1
Funding of capital expenditure requirements towards modernization of existing products and redevelopment
2
Funding working capital requirements of the Company
3
Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes
SRIT India Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹282.2
31 Mar 2024
₹400.5
31 Mar 2025
₹462.5
31 Mar 2026
Profit After Tax (PAT)
₹29.1
31 Mar 2024
₹33.6
31 Mar 2025
₹43.3
31 Mar 2026
Particulars31 Mar 202631 Mar 202531 Mar 2024
Revenue from Operations 462.54 400.50 282.22
EBITDA 64.77 49.81 40.99
Profit After Tax (PAT) 43.29 33.60 29.08
Net Worth 193.27 93.17 80.47
Total Assets 614.16 496.64 428.96
Reserves & Surplus 169.54 72.93 53.52
Borrowings 35.98 51.30 22.28
EBITDA Margin (%) 14.39 — —
PAT Margin (%) 9.62 — —
P/BV Ratio
3.19
RoE
30.23
RoCE
28.79
RoNW
30.23
PAT Margin
9.62
EBITDA Margin
14.39
Debt/Equity
0.23
Issue Structure & Shareholding
Total Shares Offered1,17,60,000
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding4,74,71,757 shares
Post-Issue Promoter Holding6,42,71,757 shares
P/BV Ratio3.19
RoE30.23
RoCE28.79
Debt / Equity0.23
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Choice Capital Advisors Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much SRIT India Ltd IPO subscribed? ▲

SRIT India Ltd IPO is subscribed 86.96 times by Sep 30, 2026. Retail: 61.65x. QIB: 37.25x. NII: 311.70x.

Investor CategorySubscription
Qualified Institutional (QIB)37.25x
Non Institutional (NII/HNI)311.70x
Retail Individual61.65x
Total Subscription86.96x
What is SRIT India Ltd IPO retail subscription status? ▼

The SRIT India Ltd IPO retail category is subscribed 61.65 times as of 30 Sep 2026. The retail portion is oversubscribed.

How to subscribe SRIT India Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 28 Sep 2026 and closes 30 Sep 2026. Min investment: ₹14,950 (1 lot = 115 shares). UPI mandate: 5:00 PM on 30 Sep 2026.

How many times SRIT India Ltd IPO subscribed? ▼

The SRIT India Ltd IPO subscribed 86.96x overall. QIB: 37.25x, NII: 311.70x, Retail: 61.65x. Applications: from NSE/BSE.

How to check SRIT India Ltd IPO allotment? ▼

Check allotment on the registrar website (Kfin Technologies Ltd) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 01 Oct 2026. Refunds: on 05 Oct 2026.

When SRIT India Ltd IPO will be listed? ▼

The SRIT India Ltd IPO listing date is 06 Oct 2026, Tuesday. Listed on: NSE & BSE. Issue price: ₹130. Estimated listing: ₹164. GMP: +₹34.

When SRIT India Ltd IPO close? ▼

The SRIT India Ltd IPO closes on 30 Sep 2026, Wednesday. UPI mandate: 5:00 PM on 30 Sep 2026. Allotment: 01 Oct 2026. Listing: 06 Oct 2026.