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SRIT India Ltd IPO
NSE & BSE Bookbuilding IPO Fresh capital only Closed
GMP +₹34 +26.15% Est. Listing ₹164 P&L/Lot +₹3,910
Issue Price
₹130
Face ₹5
GMP
+₹34
+26.15% premium
Est. Listing
₹164
GMP based
Subscribed
125.16
🔥 Hot
Min Amount
₹14,950
1 lot · 115 shares
Lot Size
115
shares / lot
Allotment
IPO Infomation
Important Dates
3/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
28 Sep 2026
Mon Completed
Done
Close Date
30 Sep 2026
Wed Completed
Done
Allotment
01 Oct 2026
Thu Completed
Soon
Refund
05 Oct 2026
Mon Upcoming
Soon
Demat Credit
05 Oct 2026
Mon Upcoming
Soon
Listing Date
06 Oct 2026
Tue Upcoming
Issue Details
Pricing & Size
Issue Price
₹130 Face ₹5
Lot Size
115 shares
Min Investment
₹14,950
Total Issue Size
1,68,00,000 shares (agg. up to ₹218 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh capital only
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
3360000.00
NII / HNI
2520000.00
Retail
5880000.00
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
4,74,71,757 shares
Post-Issue Shareholding
6,42,71,757 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 115 ₹14,950
HNI / NII 67 7705 ₹10,01,650
Objects of Issue
3 objectives
1
Funding of capital expenditure requirements towards modernization of existing products and redevelopment
12.86 Cr
2
Funding working capital requirements of the Company
124.00 Cr
3
Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes
Lead Managers & Market Maker
Book Running Lead Managers
Choice Capital Advisors Pvt.Ltd.
IPO Timeline
Open
28 Sep
✓ Done
Close
30 Sep
✓ Done
Allotment
01 Oct
✓ Done
Listing
06 Oct
Upcoming
Registrar Details
Kfin Technologies Ltd
SEBI Registered Registrar & Transfer Agent
Phone
040-79615565
Email
compliance.corp@kfintech.com
Company Contact
Email
cs.nidhi@sritindia.com
Phone
+91-80419 51999
Address
SRIT House, #113/1B ITPL Main Road Kundalahalli Bengaluru, Karnataka, 560037
Grey Market Premium
LIVE
Current GMP
+₹34
+26.15% vs Issue Price
Issue Price
₹130
Est. Listing
₹164
Lot Size
115 shares
P&L / Lot
+₹3,910
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
125.16
Overall Sub.
🔥 Hot
91.84
QIB
63.70
Retail
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 91.84× 33,60,000 30,85,70,990 ₹4,011.42 Cr
NII / HNI (Total) 312.99× 25,20,000 78,87,31,985 ₹10,253.52 Cr
Retail Investors 63.70× 58,80,000 37,45,68,110 ₹4,869.39 Cr
Total ** 125.16× 1,17,60,000 1,47,18,71,085 ₹19,134.32 Cr
Market Maker * 1× — — —
* Based on ₹130.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
33,60,000
NII
25,20,000
Retail
58,80,000
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Crore
Metric31 Mar 202631 Mar 202531 Mar 2024
Revenue462.54400.50282.22
PAT43.2933.6029.08
EBITDA64.7749.8140.99
Net Worth193.2793.1780.47
Total Assets614.16496.64428.96
Reserves169.5472.9353.52
Borrowings35.9851.3022.28
Key Financial Ratios
30.23
ROE
Return on Equity
28.79
ROCE
Return on Capital Employed
30.23
RONW
Return on Net Worth
9.62
PAT Margin
PAT / Revenue
14.39
EBITDA Mgn
EBITDA / Revenue
0.23
D/E Ratio
Debt to Equity
3.19
P/BV
Price to Book Value
9.12
Pre EPS
EPS Pre-Issue
6.74
Post EPS
EPS Post-Issue
14.25
Pre P/E
P/E Pre-Issue
19.29
Post P/E
P/E Post-Issue
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 Strengths

  • Strong 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.
Frequently Asked Questions
What is the issue price of SRIT India Ltd IPO?
The issue price of SRIT India Ltd IPO is ₹130 per share, face value ₹5.
What is the lot size?
Minimum lot size is 115 shares, requiring ₹14,950.
What are the IPO dates?
Opens 28 Sep 2026, closes 30 Sep 2026.
When is the listing date?
Tentative listing: 06 Oct 2026 on NSE & BSE.
What is the current GMP?
Current GMP is +₹34, estimated listing ₹164 (+26.15%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

SRIT India Ltd IPO · Expected 01 Oct 2026

Check on Registrar
Post-IPO Timeline
Allotment Date
01 Oct 2026
Refund Initiation
05 Oct 2026
Demat Credit
05 Oct 2026
Listing Date
06 Oct 2026
Quick Facts
Closed
GMP Signal
Bullish
+₹34
+26.15%
Issue Price
₹130
Face ₹5
Lot Size
115
shares / lot
Min Amount
₹14,950
1 lot
Est. Listing
₹164
GMP +₹34
Subscription
Overall125.16×
QIB91.84×
NII312.99×
Retail63.70×
Key Dates
Open
28 Sep Done
Close
30 Sep Done
Listing
06 Oct Soon
Registrar
Kfin Technologies Ltd
A
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