Subscription Status · Sep 28 – Sep 30, 2026 · ₹123–130
The SRIT India IPO subscription has recorded exceptional investor demand with an overall subscription of 125.16× as of Sep 30, 2026, indicating that investors applied for 125.16 times the number of shares on offer. All investor categories (institutional, HNI, and retail) have participated actively, making this one of the closely watched IPO openings.
Last updated: Sep 30, 2026, 5:19 PM IST
| Category | Shares Offered | Shares Bid For | Times Subscribed |
|---|---|---|---|
|
QIB
Qualified Institutional Buyers
|
3,360,000 | 308,570,990 |
91.84×
|
|
NII
Non-Institutional Investors
|
2,520,000 | 788,728,765 |
312.99×
|
|
bNII
Bids above ₹10L
|
1,680,000 | 597,740,330 |
355.80×
|
|
sNII
Bids below ₹10L
|
840,000 | 190,988,435 |
227.37×
|
|
Retail
Retail Individual Investors
|
5,880,000 | 374,552,700 |
63.70×
|
|
Total
|
11,760,000 | 1,471,852,455 |
125.16×
|
How subscription built up across investor categories over time
Snapshot of each day's bidding activity
| Category | Offered | Bid For | Times |
|---|---|---|---|
| QIB | 3,360,000 | 3,220 | 0.00× |
| NII | 2,520,000 | 2,264,120 | 0.90× |
| bNII | 1,680,000 | 882,855 | 0.53× |
| sNII | 840,000 | 1,381,265 | 1.64× |
| Retail | 5,880,000 | 9,450,585 | 1.61× |
| Total | 11,760,000 | 11,717,925 | 1.00× |
| Category | Offered | Bid For | Times |
|---|---|---|---|
| QIB | 3,360,000 | 104,765 | 0.03× |
| NII | 2,520,000 | 13,026,280 | 5.17× |
| bNII | 1,680,000 | 5,963,785 | 3.55× |
| sNII | 840,000 | 7,062,495 | 8.41× |
| Retail | 5,880,000 | 35,175,510 | 5.98× |
| Total | 11,760,000 | 48,306,555 | 4.11× |
| Category | Offered | Bid For | Times |
|---|---|---|---|
| QIB | 3,360,000 | 308,570,990 | 91.84× |
| NII | 2,520,000 | 788,728,765 | 312.99× |
| bNII | 1,680,000 | 597,740,330 | 355.80× |
| sNII | 840,000 | 190,988,435 | 227.37× |
| Retail | 5,880,000 | 374,552,700 | 63.70× |
| Total | 11,760,000 | 1,471,852,455 | 125.16× |
As of September 30, 2026, the SRIT India IPO has been subscribed 125.16 times overall. The IPO is fully subscribed with strong investor demand indicating extremely high interest.
The SRIT India IPO subscription window was open from September 28, 2026 to September 30, 2026. Investors could apply through their demat account or ASBA facility.
The SRIT India IPO has a price band of ₹123 to ₹130 per share, with a lot size of 115 shares. Minimum retail investment: ₹14,145 (lower band) or ₹14,950 (upper band).
The QIB category has been subscribed 91.84 times. QIBs were offered 3,360,000 shares. Strong QIB subscription indicates high institutional confidence.
Retail investors subscribed 63.70 times. Retail was offered 5,880,000 shares. High retail subscription reflects strong small-investor interest.
Overall NII: 312.99×. bNII (>₹10L): 355.80×, sNII (<₹10L): 227.37×. NII includes HNIs and corporate entities investing above ₹2 lakh.
Basis of allotment is on October 01, 2026. Check via the registrar's website, KFin Technologies Limited using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.
SRIT India IPO is expected to list on October 06, 2026. Shares will list on NSE,BSE. Allotted shares are credited to your demat account 1 business day before listing.
A subscription multiple of 125.16× means investors have bid for 125.16 times the total shares available. Since the IPO is oversubscribed, not every applicant will receive shares, allotment happens via lottery (for retail) or proportionately (for other categories). Higher multiples generally reduce allotment probability.
Based on the current retail subscription of 63.70×, the estimated allotment probability for retail investors is Low. Lottery-based; ~1 lot if allotted. Retail allotment in oversubscribed IPOs is done by computerised lottery, each valid application has an equal probability regardless of the number of lots applied for.
You can apply for SRIT India IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from Sep 28 to Sep 30, 2026.
The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest SRIT India IPO GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.
New to reading subscription numbers? Read our guide on IPO subscription explained.
Subscription Opens Done
Sep 28, 2026Subscription Closes Done
Sep 30, 2026Basis of Allotment Done
Oct 01, 2026Listing on NSE,BSE Done
Oct 06, 2026Lottery-based; ~1 lot if allotted. Based on retail subscription of 63.70×.
Retail allotment in oversubscribed IPOs is done by computerised lottery, each valid application has equal odds regardless of lot size applied.
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Higher subscription = lower allotment probability. Progress bars compare each category relative to the highest-subscribed category.