Srit India Limited IPO
28 Sept 2026 – 30 Sept 2026
Share Price
One trading day so far — a chart starts from the second.
Issue Details
- Price Band
- ₹123 – ₹130
- Lot Size
- 115 shares
- Min Investment
- ₹14,950 (1 lot · 115 shares)
- Face Value
- ₹5
- Fresh Issue
- 1,68,00,000 shares (to the company)
- Issue Size
- Initial Public offer comprising of Fresh issue up to 1,68,00,000 Equity shares (Including Anchor Portion of 50,40,000 Equity Shares)
- Registrar
- KFin Technologies Limited ↗
Timetable
GMP History
Latest GMP ₹59 · Last updated 7 Oct 2026, 11:51 am IST
| Date | GMP | GMP % | Change | Est. Listing | Updated (IST) |
|---|---|---|---|---|---|
| 5 Oct | ₹52.5 | +40.4% | +₹2.5 | ₹182.5 | |
| 4 Oct | ₹50 | +38.5% | −₹2 | ₹180 | |
| 3 Oct | ₹52 | +40.0% | −₹1 | ₹182 | |
| 2 Oct | ₹53 | +40.8% | +₹3 | ₹183 | |
| 1 Oct | ₹50 | +38.5% | +₹9 | ₹180 | |
| 30 Sept | ₹41 | +31.5% | +₹17 | ₹171 | |
| 29 Sept | ₹24 | +18.5% | −₹9 | ₹154 | |
| 28 Sept | ₹33 | +25.4% | — | ₹163 | |
| 27 Sept | ₹33 | +25.4% | +₹1 | ₹163 | |
| 26 Sept | ₹32 | +24.6% | +₹8 | ₹162 | |
| 25 Sept | ₹24 | +18.5% | +₹10.5 | ₹154 | |
| 24 Sept | ₹13.5 | +10.4% | — | ₹143.5 |
Subscription
Category-wise bidding
| Category | Offered | Bid for | Times |
|---|---|---|---|
| QIB | 33,60,00028.6% | 20,45,10,365 | 60.87x |
| NII / HNI | 25,20,00021.4% | 57,99,70,530 | 230.15x |
| bNII · bids above ₹10L | 16,80,00014.3% | 44,51,24,865 | 264.96x |
| sNII · bids ₹2L–₹10L | 8,40,0007.1% | 13,48,45,665 | 160.53x |
| Retail | 58,80,00050.0% | 26,02,14,985 | 44.25x |
Bids received on NSE, as at 30-Sep-2026 19:00:47 IST. The two NII rows are parts of the NII total above them, not additions to it.
Day-wise subscription
| Date | QIB | NII / HNI | Retail | Total |
|---|---|---|---|---|
| 30 Sept | — | — | — | 88.83x |
| 29 Sept | 0.03x | 5.25x | 6.04x | 4.16x |
| 28 Sept | 0.00x | 0.90x | 1.61x | 1.00x |
Financials
All values in ₹ crore
About Srit India
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. Its business operations are aligned across three principal verticals: (i) Healthcare, (ii) Electronic Governance, and (iii) Telecommunications and Broadband. Its ongoing and completed engagements include the 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; and the 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. 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. 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”); and (ii) private sector businesses and enterprises (collectively, “Enterprises”).
As published in the company's own offer documents.
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
As stated by the company in its prospectus — not our assessment.
The company's own risk factors are not shown here. They run to dozens of pages in the Red Herring Prospectus, under “Risk Factors”, and are worth the read before applying.
Lead Managers
- Choice Capital Advisors Private Limited
Offer details
Application sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min)one lot, the smallest bid allowed | 1 | 115 | ₹14,950 |
| Retail (max)most that stays under ₹2L | 13 | 1,495 | ₹1,94,350 |
| S-HNI (min)first bid over ₹2L | 14 | 1,610 | ₹2,09,300 |
| S-HNI (max)most that stays under ₹10L | 66 | 7,590 | ₹9,86,700 |
| B-HNI (min)first bid over ₹10L | 67 | 7,705 | ₹10,01,650 |
Priced at the top of the band, which is what a cut-off bid pays. Retail ends at ₹2,00,000 and S-HNI at ₹10,00,000; these are SEBI's limits, not the issuer's.
Issue mechanics
- Issue Type
- 100% Book Building
- Minimum Order
- 115 Equity Shares
- Categories
- FI, IC, MF, FII, OTH, CO, IND, and NOH
- UPI Eligible
- IND (upto 5 Lakhs)
- Max Bid (Retail)
- Rs. 2,00,000
- Max Bid (QIB)
- 1,17,59,900 Equity Shares in multiple of 115 Equity Shares
- Max Bid (NII)
- 83,99,945 Equity Shares in multiple of 115 Equity Shares
- Tick Size
- Re. 1
- Bidding Hours
- 10.00 a.m. to 5.00 p.m.
- UPI Mandate Cut-off
- 30-Sep-2026 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence, investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability
- Sponsor Bank
- Kotak Mahindra Bank Limited and ICICI Bank Limited
Registrar
- Name
- KFin Technologies Limited
- Address
- Selenium Tower-B, Plot No. 31 and 32, Gachibowli, Financial District, Nanakramguda, Serilingampally, Hyderabad - 500032, Telangana
- Contact
- M Murali Krishna ,Tel: 040-67162222/18003094001 ,srit.ipo@kfintech.com
Documents
- Red Herring ProspectusThe full offer documentPDF
- Basis of Issue PriceHow the band was arrived atPDF
- Anchor AllocationWho was allotted before the issue openedPDF
- Application FormThe blank ASBA form, as filedPDF
- Bidding CentresWhere a physical form can be handed inPDF
- Security ParametersTick size, lot and limits as filed with the exchangePDF
- Security Parameters (post-anchor)The same, restated after the anchor book closedPDF
Published by NSE as ZIP archives; opened here as the PDF inside.
Collected from NSE and public sources. Always confirm against the prospectus before applying.
In the news
- The Economic Times
Applied for SRIT India IPO? Here’s how to check allotment status, GMP and likely listing price
The IPO was offered in a price band of Rs 123-130 per share, with a lot size of 115 shares. The issue received bids for 1,47,18,85,805 shares against 1,17,60,000 shares on offer.
- The Economic Times
SRIT India, Shah Investor’s Home IPO Day 3: Check subscription, latest GMP and other key details
SRIT India and Shah Investor’s Home recently completed their IPO bidding, attracting substantial investor interest and subscriptions. SRIT India’s IPO was notably oversubscribed…
Headlines from The Economic Times, matched to this company by name. Reproduced as published — not our reporting, and not investment advice. More IPO news
Frequently Asked Questions
What is the GMP of Srit India Limited IPO today?
The latest grey market premium for Srit India Limited IPO is ₹59. GMP is unofficial and indicative only — it is not a guarantee of listing price.
What is the price band of Srit India Limited IPO?
The price band is ₹123 – ₹130, with a lot size of 115 shares. The minimum investment is ₹14,950.
When does Srit India Limited IPO open and close?
The issue opens on 28 Sept 2026 and closes on 30 Sept 2026. Listing is expected on 6 Oct 2026.
Who is the registrar for Srit India Limited IPO?
KFin Technologies Limited is the registrar. Allotment status can be checked on the registrar's website once allotment is finalised.