
SRIT India IPO
OpenIPOListing at: BSE, NSE • SRIT House, #113/1BITPL Main RoadKundalahalliBengaluru, Karnataka, 560037
Disclaimer: GMP values change dynamically. This data is strictly for educational purposes only and not an investment advice.
SRIT India IPO GMP History
Genuine daily snapshots retained by the WeeStox backendDisclaimer: GMP values change dynamically. This data is strictly for educational purposes only and not an investment advice.
| GMP date | IPO price | GMP | Premium | Est. profit / lot | Subscription | Movement |
|---|---|---|---|---|---|---|
| 29 Sept 2026 | ₹130 | +₹31 | 23.85% | +₹3,565 | 4.16x | ↓ Down |
| 28 Sept 2026 | ₹130 | +₹34 | 26.15% | +₹3,910 | 1x | ↑ Up |
| 27 Sept 2026 | ₹130 | +₹33 | 25.38% | +₹3,795 | - | ↑ Up |
| 26 Sept 2026 | ₹130 | +₹32 | 24.62% | +₹3,680 | - | Flat |
| 25 Sept 2026 | ₹130 | +₹32 | 24.62% | +₹3,680 | - | ↑ Up |
| 24 Sept 2026 | ₹130 | +₹21 | 16.15% | +₹2,415 | - | ↑ Up |
| 23 Sept 2026 | ₹130 | +₹12 | 9.23% | +₹1,380 | - | Flat |
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SRIT India IPO Details
| IPO Date | 28 Sept 2026 to 30 Sept 2026 |
| Listing At | BSE, NSE |
| Face Value | ₹5 per share |
| Price Band | ₹130 |
| Lot Size | 115 Shares |
| Total Issue Size | ₹218.40 Cr(₹1,255.57 Cr) |
| Fresh Issue | 168.00L shares (₹218 Cr) |
| Offer for Sale (OFS) | Nil |
| Issue Type | Book Built Issue IPO |
SRIT India IPO Timetable
| IPO Open Date | 28 Sept 2026 |
| IPO Close Date | 30 Sept 2026 |
| Basis of Allotment | 01 Oct 2026 |
| Initiation of Refunds | 05 Oct 2026 |
| Credit of Shares to Demat | 05 Oct 2026 |
| Listing Date | 06 Oct 2026 |
| Cut-off time for UPI Mandate | 5 PM on 30 Sept 2026 |
| Employee Discount | ₹20.00/share (Up to 52,083 shares) |
SRIT India IPO Reservation
| Category | Reservation | Shares Offered |
|---|---|---|
| Anchor Shares Offered | 30.00% | 50,40,000 |
| QIB Shares Offered | 20.00% | 33,60,000 |
| HNI Shares Offered | 15.00% | 25,20,000 |
| Retail Shares Offered | 35.00% | 58,80,000 |
| Total Shares Offered | 100.00% | 1,68,00,000 |
SRIT India Anchor Details
| Anchor Bid Date | 25 Sept 2026 |
| Anchor Shares Offered | 50,40,000 Shares |
| Total Anchor Portion | ₹65.52 Cr |
| Lock-in 50% End Date | 31 Oct 2026 (30 Days) |
| Lock-in Rem. 50% Date | 30 Dec 2026 (90 Days) |
SRIT India IPO Lot Size
| Application | Lots | Shares | Amount (Cut-off) | Reserved Applications |
|---|---|---|---|---|
| Retail (Min) | 1 Lot | Shares | ₹14,950 | – |
| Retail (Max) | 13 Lots | Shares | ₹1,94,350 | – |
| S-HNI (Min) | 14 Lots | Shares | ₹2,09,300 | – |
| S-HNI (Max) | 66 Lots | Shares | ₹9,86,700 | – |
| B-HNI (Min) | 67 Lots | Shares | ₹10,01,650 | – |
SRIT India Promoter Holding
| Pre-Issue Holding | Disclosed in RHP |
| Post-Issue Holding | To be calculated |
SRIT India IPO Live Subscription Status
Bidding demand breakdown by shares, institutional demand in ₹ Cr, applications & HNI funding cost| Investor Category | Shares Offered | Shares Bidded | Subscription Times |
|---|---|---|---|
| QIBs | 33,60,000 | 3,220 | 0.00x |
| HNIs | 25,20,000 | 22,82,865 | 0.91x |
| ↳ HNIs 10+ | 16,80,000 | 8,82,855 | 0.53x |
| ↳ HNIs 2+ | 8,40,000 | 14,00,010 | 1.67x |
| Retail | 58,80,000 | 99,97,410 | 1.70x |
| Total | 1,17,60,000 | 1,22,83,495 | 1.04x |
| QIBs | 44 | – | 0.00x |
| FIIs | – | – | 0.00x |
| DIIs | – | – | 0.00x |
| Mutual funds | – | – | 0.00x |
| Others | – | – | 0.00x |
| HNIs | 33 | 30 | 0.91x |
| ↳ HNIs 10+ | 22 | 11 | 0.53x |
| ↳ HNIs 2+ | 11 | 18 | 1.67x |
| Retail | 76 | 130 | 1.70x |
| Total | 153 | 160 | 1.04x |
SRIT India Limited Financial Information (Restated Consolidated in ₹ Crores)
| Period Ended | Assets | Total Income | Profit After Tax | EBITDA | Net Worth | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 2026 | ₹614.16 Cr | ₹462.54 Cr | ₹43.29 Cr | ₹64.77 Cr | ₹193.27 Cr | ₹36.15 Cr |
| 30 Mar 2026 | ₹614.16 Cr | ₹462.54 Cr | ₹43.29 Cr | ₹64.77 Cr | ₹193.27 Cr | ₹36.15 Cr |
| 31 Mar 2025 | ₹496.64 Cr | ₹400.50 Cr | ₹33.60 Cr | ₹49.81 Cr | ₹93.17 Cr | ₹51.30 Cr |
| 30 Mar 2025 | ₹496.64 Cr | ₹400.50 Cr | ₹33.60 Cr | ₹49.81 Cr | ₹93.17 Cr | ₹51.30 Cr |
| 31 Mar 2024 | ₹428.96 Cr | ₹282.22 Cr | ₹29.08 Cr | ₹40.99 Cr | ₹80.47 Cr | ₹22.28 Cr |
| 30 Mar 2024 | ₹428.96 Cr | ₹282.22 Cr | ₹29.08 Cr | ₹40.99 Cr | ₹80.47 Cr | ₹22.28 Cr |
SRIT India Key Valuation & Financial KPIs
SRIT India IPO Analysis
Review the company's key advantages and material business risks.
Strengths & Positives
Competitive advantages and operational merits
Its operations are organised across three principal verticals: Healthcare, Electronic Governance, and Telecommunications and Broadband. The company focuses on conceptualising, deploying, maintaining and managing digital platforms and technology solutions tailored to client requirements.
As of September 30, 2025, the company had an outstanding order book of ₹1,280.62 crore. Over the preceding decade, it had successfully executed more than 103 projects with a cumulative order value of ₹1,234.72 crore across healthcare, electronic governance, and telecommunications and broadband.
The company serves a diversified customer base comprising government bodies and public sector entities at the Central, State and local levels, as well as private-sector businesses and enterprises. Its established capabilities cover the complete lifecycle of technology projects, from solution development and integration to deployment, maintenance and support.
Established End-to-End Capabilities: The company has an established track record in conceptualising, developing, deploying and managing technology solutions. Its capabilities span bespoke application development, systems integration and ongoing platform support.
Diversified Order Book: SRIT India has an order book spread across multiple offerings, customers and geographies. As of September 30, 2025, its outstanding order book stood at ₹1,280.62 crore.
Wide Geographic & Sector Presence: The company has executed more than 103 projects across healthcare, electronic governance, and telecommunications and broadband. Its client base includes government organisations, public-sector entities and private enterprises across multiple markets.
Dependence on Competitive Bidding: A majority of the company's projects are awarded through competitive bidding. Failure to qualify for, win or successfully complete new contracts could adversely affect its business, financial condition, operating results, growth prospects and cash flows.
High Dependence on Government Tenders: Government entities contributed approximately 92.23%, 91.34%, 81.84% and 88.44% of revenue from operations for the six months ended September 30, 2025 and FY2025, FY2024 and FY2023, respectively. Delays or reductions in government tenders, changes in government policies, or contract foreclosures, terminations, restructuring or renegotiations could materially affect the company's operations and financial performance.
High Customer Concentration: The company's top ten customers contributed approximately 94.12%, 92.18%, 91.71% and 91.20% of revenue from operations for the six months ended September 30, 2025 and FY2025, FY2024 and FY2023, respectively. Loss of one or more major customers or reduced demand from them could adversely affect its business, profitability and financial condition.
About SRIT India Limited
SRIT India IPO is a book build issue of ₹218.40 crores. The issue is entirely a fresh issue of 1.68 crore shares of ₹218.40 crore.SRIT India IPO bidding opened for subscription on Sep 28, 2026 and will close on Sep 30, 2026. The allotment for the SRIT India IPO is expected to be finalized on Oct 1, 2026. SRIT India IPO will list on NSE and BSE with a tentative listing date fixed as Oct 6, 2026.SRIT India IPO is set issue price band at ₹123 to ₹130 per share. The lot size for an application is 115 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,950 (115 shares) (based on upper price).Choice Capital Advisors Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.Refer to SRIT India IPO RHP for detailed Information.
Shariah Compliance Screening (AAOIFI Standard 21)
SRIT India IPO Documents & Reports
Official prospectus, reports and regulatory filings| Document Title | Authority / Host | Status | Action |
|---|---|---|---|
Red Herring Prospectus (RHP) Complete offer document filed with ROC & SEBI | SEBI / ROC | Available | View RHP |
Draft Red Herring Prospectus (DRHP) Initial regulatory draft submitted for public comments | SEBI Filings | Filed | View DRHP |
Anchor Investor Allocation Report Allotment list to institutional bidders | BSE / NSE Circular | Disclosed | Anchor PDF |
IPO Allotment Status & Basis of Allotment Registrar query portal via PAN / Application No. | Kfin Technologies | Live Portal | Check Allotment |
Corporate Website & Investor Relations Official portal and financial reports | Issuer Portal | Active | Visit Portal |
SRIT India IPO Registrar & Lead Managers
- Choice Capital Advisors Pvt.Ltd.
SRIT House, #113/1BITPL Main RoadKundalahalliBengaluru, Karnataka, 560037