SRIT India IPO
SRIT India opens for subscription on 28 Sept 2026 and closes on 30 Sept 2026, at a price band of ₹123 – ₹130 with a lot of 115 shares. Listing is expected on 6 Oct 2026.
Updated 22 Oct 2026
Important dates
Opens
28 Sept 2026
Closes
30 Sept 2026
Allotment
1 Oct 2026
Listing
6 Oct 2026
IPO details
| Price band | ₹123 – ₹130 |
|---|---|
| Lot size | 115 shares |
| Minimum investment | ₹14,950 |
| Issue size | ₹218.4 crore |
| Face value | ₹5 per share |
| Board | Mainboard |
| Listing at | BSE, NSE |
| Retail quota | 35% |
| EPS | ₹9.47 |
| RoNW | 30.23% |
Grey market premium (GMP)
Last reported GMP: ₹62 (47.7%), an unofficial estimated listing price near ₹192 or about ₹7,130 per lot.
GMP is unregulated grey market chatter, not an exchange price, and it often swings or turns out wrong on listing day. SEBI cautions investors against relying on it. Read the GMP explainer.
Subscription status
Subscribed 125.16 times overall at the last update.
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 | 0× | 0.9× | 1.61× | 1× |
| Day 2 | 0.03× | 5.25× | 6.05× | 4.16× |
| Day 3 | 91.84× | 312.99× | 63.7× | 125.16× |
How many lots can you apply for?
At the upper price band. Retail bids go up to ₹2 lakh, small NII (sHNI) above ₹2 lakh up to ₹10 lakh, and big NII (bHNI) above ₹10 lakh.
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 115 | ₹14,950 |
| Retail (max) | 13 | 1,495 | ₹1,94,350 |
| sHNI (min) | 14 | 1,610 | ₹2,09,300 |
| sHNI (max) | 66 | 7,590 | ₹9,86,700 |
| bHNI (min) | 67 | 7,705 | ₹10,01,650 |
See IPO categories explained for how allotment works in each.
Company financials (₹ crore)
| Year | Revenue | Expenses | Profit after tax |
|---|---|---|---|
| FY24 | 282.22 | 243.88 | 29.08 |
| FY25 | 400.5 | 354.31 | 33.6 |
| FY26 | 462.54 | 407.59 | 43.29 |
About SRIT India
SRIT India, founded in September 1999, is an IT and IT-enabled Services (IT/ITeS) solutions firm that offers digital solutions, custom application development, and system integration services. The firm has over 26 years of experience in designing, implementing, and operating digital platforms for government entities and organizations in India as well as international markets.
The service offering includes healthcare information systems, digital health platforms, e-governance solutions, cybersecurity, enterprise software, networking, connectivity, fibre optic infrastructure, system integration, automation, and managed services. In the last 10 years, SRIT India has executed more than 103 projects for government and enterprise customers. Its projects consist of healthcare platforms, nationwide banking connectivity, state-wide fibre networks, AI-driven traffic management, and power transformer monitoring solutions.
Objects of the issue
- Funding of capital expenditure requirements towards modernization of existing products and redevelopment
- Funding working capital requirements of our Company
- Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes
Allotment status and registrar
Kfin Technologies Ltd. is the registrar. After 1 Oct 2026, check your status with your PAN or application number on the registrar's site or the BSE/NSE allotment pages.
Registrar contact: 040-79615565 · compliance.corp@kfintech.com
Lead managers and offer documents
- Choice Capital Advisors Pvt.Ltd.
SRIT India IPO: FAQs
When does the SRIT India IPO open and close?
The SRIT India IPO opens on 28 Sept 2026 and closes on 30 Sept 2026.
What is the SRIT India IPO price band?
The price band is ₹123 – ₹130 per share (face value ₹5).
What is the SRIT India IPO lot size?
One lot is 115 shares, so the minimum investment is ₹14,950 at the upper price band.
When is the SRIT India IPO allotment date?
Allotment is expected on 1 Oct 2026. Check the status on the registrar's site (Kfin Technologies Ltd.) or the BSE/NSE allotment pages using your PAN.
When will SRIT India shares list?
Listing is expected on 6 Oct 2026 on BSE, NSE.
What is the SRIT India IPO GMP today?
The grey market premium was about ₹62 (47.7%) when this page was last updated, implying an unofficial estimated listing near ₹192. GMP is unregulated and can change quickly; do not rely on it.
Details are compiled from the offer documents and exchange disclosures via IPOWatch and may change or contain errors; verify in the RHP and on BSE/NSE before applying. This page is for information only and is not a recommendation to apply. Neminath Traders is not a SEBI-registered investment adviser. Read how to apply for an IPO.