SRIT India IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Sep 28 to Sep 30 2026
Price Band
₹123 - 130
Current GMP
₹148.0 (+13.85%)
Subscription
125.16 times
IPO Details
| IPO Date | 28 to 30 Sep, 2026 |
| Listing Date | Tue, Oct 6, 2026 |
| Face Value | ₹ 5 per share |
| Price Band | ₹123 to ₹130 |
| Issue Price | ₹130 per share |
| Lot Size | 115 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 1,68,00,000 shares (agg. up to ₹ 218 Cr) |
| Fresh Issue | 1,68,00,000 shares (agg. up to ₹ 218 Cr) |
| Share Holding Pre Issue | 4,74,71,757 shares |
| Share Holding Post Issue | 6,42,71,757 shares |
| BSE Script Code / NSE Symbol | 544965 / |
| ISIN | INE307K01028 |
IPO Date
28 to 30 Sep, 2026
Listing Date
Tue, Oct 6, 2026
Face Value
₹ 5 per share
Price Band
₹123 to ₹130
Issue Price
₹130 per share
Lot Size
115 Shares
Sale Type
Fresh capital only
Issue Type
Bookbuilding IPO
Listing At
BSE, NSE
Total Issue Size
1,68,00,000 shares (agg. up to ₹ 218 Cr)
Fresh Issue
1,68,00,000 shares (agg. up to ₹ 218 Cr)
Share Holding Pre Issue
4,74,71,757 shares
Share Holding Post Issue
6,42,71,757 shares
BSE Script Code / NSE Symbol
544965 /
ISIN
INE307K01028
IPO Subscription Details
| Anchor | 1 |
| QIB (Ex Anchor) | 91.84 |
| NII | 312.99 |
| bNII (> ₹10L) | 355.80 |
| sNII (< ₹10L) | 227.37 |
| Retail | 63.70 |
| Total ** | 125.16 |
Anchor
1
QIB (Ex Anchor)
91.84
NII
312.99
bNII (> ₹10L)
355.80
sNII (< ₹10L)
227.37
Retail
63.70
Total **
125.16
Day Wise Sub
| Day | QIB (Ex Anchor) | NII | NII (> ₹10L) | NII (< ₹10L) | Retail | Total |
|---|---|---|---|---|---|---|
| Sep 2 8 (Day 1) | 0.00 | 0.90 | 0.53 | 1.65 | 1.61 | 1.00 |
| Sep 2 9 (Day 2) | 0.03 | 5.25 | 3.61 | 8.53 | 6.05 | 4.16 |
| Sep 3 0 (Day 3) | 91.84 | 312.99 | 355.80 | 227.37 | 63.70 | 125.16 |
DaySep 2
8 (Day 1)
QIB (Ex Anchor)0.00
NII0.90
NII (> ₹10L)0.53
NII (< ₹10L)1.65
Retail1.61
Total1.00
DaySep 2
9 (Day 2)
QIB (Ex Anchor)0.03
NII5.25
NII (> ₹10L)3.61
NII (< ₹10L)8.53
Retail6.05
Total4.16
DaySep 3
0 (Day 3)
QIB (Ex Anchor)91.84
NII312.99
NII (> ₹10L)355.80
NII (< ₹10L)227.37
Retail63.70
Total125.16
Day Wise GMP
| GMP Date | IPO Price | GMP | Est. Listing Price |
|---|---|---|---|
| 06-10-2026 | 130 | 59 (45.38%) | 189 |
| 05-10-2026 | 130 | 62 (47.69%) | 192 |
| 04-10-2026 | 130 | 50 (38.46%) | 180 |
| 03-10-2026 | 130 | 52 (40.00%) | 182 |
| 02-10-2026 | 130 | 53 (40.77%) | 183 |
| 01-10-2026 | 130 | 47 (36.15%) | 177 |
| 30-09-2026 | 130 | 48 (36.92%) | 178 |
| 29-09-2026 | 130 | 31 (23.85%) | 161 |
| 28-09-2026 | 130 | 33 (25.38%) | 163 |
| 27-09-2026 | 130 | 33 (25.38%) | 163 |
| 26-09-2026 | 130 | 32 (24.62%) | 162 |
| 25-09-2026 | 130 | 32 (24.62%) | 162 |
| 24-09-2026 | 130 | 21 (16.15%) | 151 |
| 23-09-2026 | 130 | 12 (9.23%) | 142 |
GMP Date06-10-2026
IPO Price130
GMP59 (45.38%)
Est. Listing Price189
GMP Date05-10-2026
IPO Price130
GMP62 (47.69%)
Est. Listing Price192
GMP Date04-10-2026
IPO Price130
GMP50 (38.46%)
Est. Listing Price180
GMP Date03-10-2026
IPO Price130
GMP52 (40.00%)
Est. Listing Price182
GMP Date02-10-2026
IPO Price130
GMP53 (40.77%)
Est. Listing Price183
GMP Date01-10-2026
IPO Price130
GMP47 (36.15%)
Est. Listing Price177
GMP Date30-09-2026
IPO Price130
GMP48 (36.92%)
Est. Listing Price178
GMP Date29-09-2026
IPO Price130
GMP31 (23.85%)
Est. Listing Price161
GMP Date28-09-2026
IPO Price130
GMP33 (25.38%)
Est. Listing Price163
GMP Date27-09-2026
IPO Price130
GMP33 (25.38%)
Est. Listing Price163
GMP Date26-09-2026
IPO Price130
GMP32 (24.62%)
Est. Listing Price162
GMP Date25-09-2026
IPO Price130
GMP32 (24.62%)
Est. Listing Price162
GMP Date24-09-2026
IPO Price130
GMP21 (16.15%)
Est. Listing Price151
GMP Date23-09-2026
IPO Price130
GMP12 (9.23%)
Est. Listing Price142
IPO Important Dates
| IPO Open | Mon, Sep 28, 2026 |
| IPO Close | Wed, Sep 30, 2026 |
| Allotment | Thu, Oct 1, 2026 |
| Refund | Mon, Oct 5, 2026 |
| Credit of Shares | Mon, Oct 5, 2026 |
| Listing | Tue, Oct 6, 2026 |
IPO Open
Mon, Sep 28, 2026
IPO Close
Wed, Sep 30, 2026
Allotment
Thu, Oct 1, 2026
Refund
Mon, Oct 5, 2026
Credit of Shares
Mon, Oct 5, 2026
Listing
Tue, Oct 6, 2026
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 115 | ₹14,950 |
| Retail (Max) | 13 | 1495 | ₹1,94,350 |
| S-HNI (Min) | 14 | 1610 | ₹2,09,300 |
| S-HNI (Max) | 66 | 7590 | ₹9,86,700 |
| B-HNI (Min) | 67 | 7705 | ₹10,01,650 |
ApplicationRetail (Min)
Lots1
Shares115
Amount₹14,950
ApplicationRetail (Max)
Lots13
Shares1495
Amount₹1,94,350
ApplicationS-HNI (Min)
Lots14
Shares1610
Amount₹2,09,300
ApplicationS-HNI (Max)
Lots66
Shares7590
Amount₹9,86,700
ApplicationB-HNI (Min)
Lots67
Shares7705
Amount₹10,01,650
Financial Information
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 614.16 | 496.64 | 428.96 |
| Total Income | 462.54 | 400.50 | 282.22 |
| Profit After Tax | 43.29 | 33.60 | 29.08 |
| EBITDA | 64.77 | 49.81 | 40.99 |
| NET Worth | 193.27 | 93.17 | 80.47 |
| Reserves and Surplus | 169.54 | 72.93 | 53.52 |
| Total Borrowing | 36.15 | 51.30 | 22.28 |
Period EndedAssets
31 Mar 2026614.16
31 Mar 2025496.64
31 Mar 2024428.96
Period EndedTotal Income
31 Mar 2026462.54
31 Mar 2025400.50
31 Mar 2024282.22
Period EndedProfit After Tax
31 Mar 202643.29
31 Mar 202533.60
31 Mar 202429.08
Period EndedEBITDA
31 Mar 202664.77
31 Mar 202549.81
31 Mar 202440.99
Period EndedNET Worth
31 Mar 2026193.27
31 Mar 202593.17
31 Mar 202480.47
Period EndedReserves and Surplus
31 Mar 2026169.54
31 Mar 202572.93
31 Mar 202453.52
Period EndedTotal Borrowing
31 Mar 202636.15
31 Mar 202551.30
31 Mar 202422.28
Key Performance Indicator
| ROE | 30.23% |
| ROCE | 28.79% |
| Debt/Equity | 0.23 |
| RoNW | 30.23% |
| PAT Margin | 9.62% |
| EBITDA Margin | 14.39% |
| NAV | 40.71 |
| P/B (x) | 3.19 |
ROE
30.23%
ROCE
28.79%
Debt/Equity
0.23
RoNW
30.23%
PAT Margin
9.62%
EBITDA Margin
14.39%
NAV
40.71
P/B (x)
3.19
IPO Reservation
| QIB | 84,00,000 |
| − Anchor Investor | 50,40,000 |
| − QIB (Ex. Anchor) | 33,60,000 |
| NII (HNI) | 25,20,000 |
| − bNII > ₹10L | 16,80,000 |
| − sNII < ₹10L | 8,40,000 |
| Retail | 58,80,000 |
| Total | 1,68,00,000 |
QIB
84,00,000
− Anchor Investor
50,40,000
− QIB (Ex. Anchor)
33,60,000
NII (HNI)
25,20,000
− bNII > ₹10L
16,80,000
− sNII < ₹10L
8,40,000
Retail
58,80,000
Total
1,68,00,000
Information about company
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 services. 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
Objectives of IPO
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
#: Issue Objects
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
4: Issue Expenses
: Total
Disclaimer
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We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
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