• IPO Open Date
  • 28th Sep 2026
  • IPO Close Date
  • 30th Sep 2026
  • Allotment date
  • 1st Oct 2026
  • Listing date
  • 6th Oct 2026
  • Issue Size
  • ₹ 218 Cr.
  • Issue Price Band
  • ₹ 123 to 130
  • Lot Size
  • 115 Share
  • Minimum Investment
  • ₹ 14950

Disclaimer: IPO details, GMP, subscription figures, and other related information are for informational purposes only and may not always be accurate or up to date. Please verify the latest details from official sources before investing.

About SRIT India Limited

SRIT India Ltd. is an India-based Information Technology and Information Technology-enabled Services (IT/ITeS) company headquartered in Bengaluru, specialising in digital transformation and system automation through bespoke application development and systems integration.

Over the past twenty-six years, the company has built deep capabilities in conceptualising, deploying, and managing digital platforms for government organisations and enterprise clients across India and select international markets.

Business Verticals

Its business operations are aligned across three principal verticals:

(i) Healthcare

(ii) Electronic Governance

(iii) Telecommunications and Broadband

Key Engagements

Its ongoing and completed engagements include:

  • Delivery of AI-enabled solutions for public safety and transportation systems
  • End-to-end computerisation of core and ancillary operations for a state-owned beverage distribution and retail corporation
  • Development, maintenance, and handholding support of multiple digital platforms such as Supply Management Information Systems, Health Management Information Systems, e-Prescription platforms, and online licensing solutions

Order Book & Track Record

As of September 30, 2025, its outstanding order book stood at ₹12,806.21 million.

Over the last decade, the company has successfully executed over 103 projects, representing a cumulative order value of ₹12,347.16 million, across the healthcare, electronic governance, and telecommunications and broadband sectors.

Customer Base

The company serves a broad and diversified customer base comprising:

(i) Government bodies and public sector entities, including Central, State, and local government departments and institutions that procure technology solutions for administrative, infrastructure, and public service delivery purposes (collectively, “Government”)

(ii) Private sector businesses and enterprises (collectively, “Enterprises”)

Competitive Strengths

  • Established track record with end-to-end product solution and integration capabilities
  • Diverse Order Book across offerings for multiple clients & geographies
  • Extensive geographic footprint with scalable operations across key markets
  • Strong financial performance and healthy balance sheet
  • Experienced Promoters and Senior Management team, having domain knowledge



Read More

IPO Subscription Details

Category Shares Offered Shares Applied Subscription Times (x)
QIB (Ex Anchor) 33,60,000 (28.57%) 3,220 0.00
NII 25,20,000 (21.43%) 22,65,730 0.90
bNII (> ₹10L) 16,80,000 (14.29%) 8,82,855 0.53
sNII (< ₹10L) 8,40,000 (7.14%) 13,82,875 1.65
Retail 58,80,000 (50.00%) 94,60,935 1.61
Total 1,17,60,000 (100.00%) 1,17,29,885 1.00
Updated on 2026-09-28 17:48:48

Grey Market Premium (GMP)

GMP Date IPO Price GMP Estimated Listing Price Estimated Profit* Last Updated
28-09-2026 ₹130 ₹33 ₹163 ( 25.38% ) ₹3,795.00 28-Sep-2026 09:53 AM
26-09-2026 ₹130 ₹32 ₹162 ( 24.62% ) ₹3,680.00 26-Sep-2026 09:57 AM
25-09-2026 ₹130 ₹22 ₹152 ( 16.92% ) ₹2,530.00 25-Sep-2026 09:52 AM
24-09-2026 ₹130 ₹12 ₹142 ( 9.23% ) ₹1,380.00 24-Sep-2026 10:36 AM
23-09-2026 ₹130 ₹12 ₹142 ( 9.23% ) ₹1,380.00 23-Sep-2026 06:11 PM
Disclaimer: Grey Market Premium (GMP) is an unofficial market indicator provided for informational purposes only. It may change at any time and should not be considered investment advice or a guarantee of listing gains. Please evaluate company fundamentals, financials, valuation, and subscription data, and consult a SEBI-registered financial advisor before making any investment decision.

Financials of SRIT India Limited

A quick overview of the key Financial Performance of SRIT India Limited.

Total Assets (₹ Cr)

Revenue (₹ Cr)

Profit after Tax (₹ Cr)

*All values are in Rs. Cr

Company Financials

Revenue increased by 16%, Profit after Tax (PAT) increased by 29%, Total Assets increased by 24% between FY2025 and FY2026.

Period Ended FY2024 FY2025 FY2026
Revenue 271.09 389.35 450.00
Assets 428.96 496.64 614.16
Total Income 282.22 400.50 462.54
Profit After Tax 29.08 33.60 43.29
EBITDA 40.99 49.81 64.77
Net Worth 80.47 93.17 193.27
Reserves & Surplus 53.52 72.93 169.54
Total Borrowings 22.28 51.30 36.15
Amount in ₹ Crore

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 115 ₹ 14,950
Retail (Max) 13 1,495 ₹ 1,94,350
S-HNI (Min) 14 1,610 ₹ 2,09,300
S-HNI (Max) 66 7,590 ₹ 9,86,700
B-HNI (Min) 67 7,705 ₹ 10,01,650

Key Performance Indicators (KPI)

KPI Latest
ROE (%) 30.23
ROCE (%) 28.79
Debt / Equity 0.23
RoNW (%) 30.23
PAT Margin (%) 9.62
EBITDA Margin (%) 14.39
Pre IPO
Post IPO
EPS (₹)
9.47
-
P/E (x)
-
-
Promoter Holding (%)
84.91
-
Disclaimer: KPI values are based on information disclosed in the IPO prospectus and are provided for informational purposes only.

IPO Lead Manager(s)

Lead Manager Details

  • Choice Capital Advisors Private Limited

IPO Registrar

  • Registrar Name
  • KFin Technologies Limited
  • Phone
  • +912249620337
  • Contact Person
  • M Murali Krishna
  • SEBI Registration Number
  • INR000000221
  • Address
  • Registered Office: 301, The Centrium, 3rd Floor, 57, Lal Bahadur Shastri Road, Nav Pada, Kurla (West), Mumbai - 400070, Maharashtra, India; Corporate Office: Selenium Tower-B, Plot 31 & 32, Gachibowli, Financial District, Nanakramguda, Serilingampally, Hyderabad - 500032, Telangana, India

Company Contact Details

  • Company Name
  • SRIT India Limited
  • Phone
  • +91-80419 51999
  • Contact Person
  • Nidhi Hitesh Vaswani
  • Corporate Identity Number
  • U72200KA1999PLC025692
  • Address
  • SRIT House, #113/1B, ITPL Main Road, Kundalahalli, Bengaluru-560037, Karnataka, India

SRIT India Limited FAQs

The SRIT India Limited IPO is a MAIN IPO with a total issue size of ₹ 218 crores. The IPO price band is fixed at ₹123 to ₹ 130 per share, and the minimum lot size is 115 Shares. The SRIT India Limited IPO will open on 28th Sep 2026, and will close on 30th Sep 2026. KFin Technologies Limited has been appointed as the registrar for the issue. The equity shares are proposed to be listed on NSE,BSE.

The SRIT India Limited IPO opens on 28th Sep 2026 and closes on 30th Sep 2026.

The SRIT India Limited IPO lot size is 115 Share, and the minimum amount required for application is ₹ 14950.

You can apply for the SRIT India Limited IPO through your bank account using the ASBA facility or via your online trading and Demat account. To apply online, log in to your broker’s platform, select SRIT India Limited IPO, enter the number of lots, choose your price within the price band, and submit the application. After submitting, approve the UPI mandate to block the required amount in your bank account. Once the IPO allotment is finalised, shares will be credited to your Demat account if allotted. If not allotted, the blocked amount will be released automatically.

The SRIT India Limited IPO listing date is 6th Oct 2026.
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