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SRIT India Ltd
Closed NSE & BSE Bookbuilding IPO

SRIT India Ltd IPO

GMP Today
+₹34
+26%
Issue Price
₹130
Est. Listing: ₹164
IPO Overview
Quick facts
Issue Price
₹130
Lot Size
115 shares
Min. Investment
₹14,950
Issue Size
1,68,00,000 shares (agg. up to ₹218 Cr)
Face Value
₹5
Issue Type
Bookbuilding IPO
Listing Exchange
NSE & BSE
Script Code
—
Important Dates
IPO Open
28 Sep 2026
Done
IPO Close
30 Sep 2026
Done
Allotment
01 Oct 2026
Done
Refund Init.
05 Oct 2026
Done
Demat Credit
05 Oct 2026
Done
Listing Date
06 Oct 2026
Done
SRIT India Ltd Stock Price
NSE
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Open
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High
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Low
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Data via Yahoo Finance · For informational use only
Subscription Allocation
Category Shares Offered Lots Amount (₹)
QIB (Qualified Institutional) 8400000 — ₹—
NII / HNI (Non-Institutional) 2520000 67 ₹10,01,650
Retail (Individual) 5880000 1 ₹14,950
Fresh Issue 1,68,00,000 shares (agg. up to ₹218 Cr) — ₹—
Minimum Application Size
Investor Type Lots Shares Amount (₹)
Retail (Min 1 Lot) 1 115 ₹14,950
HNI — sHNI 67 7705 ₹10,01,650
Subscription Status
Final
Metric QIB NII Retail Total
Subscription 37.25 311.70 61.65 86.96
Shares 8400000 2520000 5880000 16800000
Bids 312893265 785483235 362498055 1460874555
Financial Highlights

Amount in ₹ Crore

Metric 31 Mar 2026 31 Mar 2025 31 Mar 2024
Revenue 462400282
PAT 433329
EBITDA 644940
Net Worth 1939380
Total Assets 614496428
Reserves 1697253
Borrowings 355122
ROE
30
ROCE
28
RONW
30
PAT Margin
9
EBITDA Mgn
14
D/E Ratio
0
P/B Value
3
Pre EPS
9
Post EPS
6
Pre P/E
14
Post P/E
19
Objects of Issue
  • Funding of capital expenditure requirements towards modernization of existing products and redevelopment
  • Funding working capital requirements of the Company
  • Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes
  • {"object":null,"expected_amount":null}
About SRIT India Ltd

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 se40.99rvices. 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

  • Strong financial performance.
  • Growing capabilities in AI-enabled solutions.
  • Diversified presence across three key verticals.
  • Experienced Promoters and Senior Management team.
  • End-to-end digital solutions and integration capabilities.
  • 26 years of industry experience and established track record.
  • Strong Government and Enterprise project execution track record.
Apply for This IPO
₹130
Min. ₹14,950 · 115 shares/lot
Expected Listing ₹164
GMP +₹34 (+26%)
Close Date 30 Sep 2026
Check Allotment
Pre-Issue
4,74,71,757 shares
Post-Issue
6,42,71,757 shares
Company Contact
Registrar
Kfin Technologies Ltd
  • 040-79615565
  • compliance.corp@kfintech.com
Lead Managers
  • Choice Capital Advisors Pvt.Ltd.
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