SRIT · NSE,BSE · Information Technology
SRIT India IPO closed on 30 Sep 2026 with 125.16x overall subscription . The basis of allotment is finalised on 01 Oct 2026 , and the stock will list on 06 Oct 2026 on NSE,BSE . The IPO price band was ₹123-₹130.
SRIT India IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 28 Sep 2026 |
| IPO Close Date | 30 Sep 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 |
Issue Size
16,800,000 shares
(aggregating up to ₹218.00 Cr)
Issue Price
₹123 – ₹130
Face Value
₹5/share
Market Lot
115 shares
Retail Min Investment
₹14,950
Listing At
NSE,BSE
Sale Type
fresh issue
Fresh Issue
16,800,000 shares
(aggregating up to ₹218 Cr)
Offer for Sale
[.]
Issue Type
book building
Open Date
28 Sep
Close Date
30 Sep
Allotment
01 Oct
Listing
06 Oct
Last updated: 10 hours ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 05 Oct 2026 Latest | ₹130 | ₹51 | ₹181 | ₹51 |
39.23%
|
2:01 PM |
| 05 Oct 2026 | ₹130 | ₹51 | ₹181 | ₹51 |
39.23%
|
1:30 PM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 30 Sep 2026
| Category | Subscribed (x) |
|---|---|
| QIB | 91.84x |
| NII | 312.99x |
| bNII (bids above ₹10L) | 355.8x |
| sNII (bids below ₹10L) | 227.37x |
| Retail Investors | 63.7x |
| Total | 125.16x |
Showing the latest subscription snapshot.
View full subscription historyDr. Nambiar Raghavan Madhusoodan, Prasaktha Vakkiyl Nambiar and Martin Poovakkulam Chacko are the company promoters.
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 115 | ₹14,950 |
| Retail (Max) | 13 | 1,495 | ₹194,350 |
| S-HNI (Min) | 14 | 1,610 | ₹209,300 |
| S-HNI (Max) | 66 | 7,590 | ₹986,700 |
| B-HNI (Min) | 67 | 7,705 | ₹1,001,650 |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Employee + RII/NII |
|
No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion |
No |
| Only employee | Up to Rs 5 Lakhs |
No |
| Only RII | Up to Rs 2 Lakhs |
Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs |
No |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| QIB Shares Offered | 8,400,000 (50.00%) |
|
•
Anchor Investor Shares Offered
|
5,040,000 (30.00%) |
|
•
QIB (Ex. Anchor) Shares Offered
|
3,360,000 (20.00%) |
| NII (HNI) Shares Offered | 2,520,000 (15.00%) |
|
•
bNII > ₹10L
|
1,680,000 (10.00%) |
|
•
sNII < ₹10L
|
840,000 (5.00%) |
| Retail Shares Offered | 5,880,000 (35.00%) |
| Total Shares Offered | 16,800,000 (100.00%) |
SRIT India Limited is a leading digital transformation company that provides high-end software solutions for the Healthcare and e-Governance sectors. For over two decades, they have helped government bodies and large private hospitals automate their workflows. In simple terms, they build the digital backbone for health systems and government public services in India.
Strengths:
Growth:
Standalone · ₹ in Crores
| Particulars | FY Mar 2024 | FY Mar 2025 | FY Mar 2026 |
|---|---|---|---|
| Total Revenue | 282.22 | 400.5 | 462.54 |
| Profit After Tax (PAT) | 29.08 | 33.6 | 43.29 |
| EBITDA | 40.99 | 49.81 | 64.77 |
| Total Assets | 428.96 | 496.64 | 614.16 |
| Net Worth | 80.47 | 93.17 | 193.27 |
| Reserves & Surplus | 53.52 | 72.93 | 169.54 |
| Total Borrowing | 24.83 | 61.84 | 36.15 |
Revenue & Profit Trend
Key ratios per fiscal period
| Particulars | Mar 2026 |
|---|---|
| RoE Return on Equity Shows how much profit the company makes on the money shareholders have put in. 15% to 20% is healthy in most industries. | 30.23% |
| RoCE Return on Capital Employed Shows the profit earned on all the money used, shareholder funds plus loans. Matters most for factory and infrastructure heavy companies. | 28.79% |
| RoNW Return on Net Worth Shows the profit earned on the company's own net worth. Steady or rising over 3 years is a good sign. | 30.23% |
| PAT Margin Profit After Tax Margin Out of every ₹100 of sales, how much the company keeps after paying all costs, loan interest and tax. | 9.62% |
| EBITDA Margin Earnings Before Interest, Tax, Depreciation and Amortisation Margin Profit from the main business as a share of sales, before loan interest and tax. Compare it with other companies in the same industry. | 14.39% |
| Debt / Equity Debt to Equity How much the company has borrowed against what shareholders own. Above 1x means the loans are bigger than shareholder funds. | 0.23x |
| P/BV Price to Book Value Tells you if the IPO price is above what the company actually owns. 1x to 3x is usually seen as reasonable. | 3.19x |
Issue-level · at the upper price band
| Particulars | Pre-IPO | Post-IPO |
|---|---|---|
| EPS Earnings Per Share Profit the company earns on each share. Post-IPO EPS is usually lower because the issue adds new shares. | ₹7.08 | ₹6.2 |
| P/E Price to Earnings Tells you if the IPO price is fair for what the company earns. Compare it with listed companies in the same sector. | 18.36x | 20.97x |
| Market Cap Market Capitalisation What the whole company is valued at, at the upper price band. Post-IPO counts the new shares the issue creates. | ₹617 Cr | ₹836 Cr |
The basis of allotment for SRIT India IPO was finalised on 01 Oct 2026. You can check your allotment status using your PAN number or application number on the KFin Technologies Limited portal or BSE.
The SRIT India IPO is expected to open in Sep 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for SRIT India IPO is ₹123.00 - ₹130.00 per share.
As per market sources, SRIT India IPO GMP is currently ₹51.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for SRIT India IPO stands at 125.16x overall.
The listing date for SRIT India IPO is 06 Oct 2026.
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