GMP IPO Watch
SRIT India IPO
SRIT India IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
SRIT India IPO Details
Key facts at a glance| IPO Open Date | 27 September 2026 | IPO Close Date | 29 September 2026 |
|---|---|---|---|
| Basis of Allotment | 30 September 2026 | Listing Date | 5 October 2026 |
| Price Band | ₹123 - ₹130 per share | Face Value | ₹10 per share |
| Market Lot Size | 115 Shares | Min Investment (Retail) | ₹14,950 |
| Total Issue Size | ₹218.4 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | ₹218.4 Cr | Offer for Sale (OFS) | — |
| Listing At | BSE, NSE | Issue Category | Mainboard Issue |
| Registrar | Kfin Technologies Ltd. | ||
SRIT India IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 27 September 2026 | Confirmed |
| IPO Close Date | 29 September 2026 | Confirmed |
| Basis of Allotment | 30 September 2026 | Tentative |
| Initiation of Refunds | 5 October 2026 | Tentative |
| Credit of Shares to Demat | 5 October 2026 | Tentative |
| IPO Listing Date | 5 October 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 30 September 2026 (5:00 PM) | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
SRIT India IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 1 Lot | 115 Shares | ₹14,950 |
| Retail (Max) | 13 Lots | 1,495 Shares | ₹1,94,350 |
| S-HNI (Min) | 14 Lots | 1,610 Shares | ₹2,09,300 |
| S-HNI (Max) | 66 Lots | 7,590 Shares | ₹9,86,700 |
| B-HNI (Min) | 67 Lots | 7,705 Shares | ₹10,01,650 |
SRIT India IPO Live GMP & Movement History
Daily unofficial grey market trends₹18 +13.8%
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 6 Oct 2026 | ₹62 | ₹192.00 | +47.69% |
| 5 Oct 2026 | ₹50 | ₹180.00 | +38.46% |
| 3 Oct 2026 | ₹53 | ₹183.00 | +40.77% |
| 2 Oct 2026 | ₹49 | ₹179.00 | +37.69% |
| 1 Oct 2026 | ₹48 | ₹178.00 | +36.92% |
| 30 Sept 2026 | ₹31 | ₹161.00 | +23.85% |
| 29 Sept 2026 | ₹33 | ₹163.00 | +25.38% |
| 28 Sept 2026 | ₹30 | ₹160.00 | +23.07% |
| 26 Sept 2026 | ₹32 | ₹162.00 | +24.62% |
| 25 Sept 2026 | ₹22 | ₹152.00 | +16.92% |
| 24 Sept 2026 | ₹13 | ₹143.00 | +10.00% |
SRIT India IPO Subscription Status
Demand breakdown by investor categorySRIT India Company Financials
Restated figures (₹ in Crores)| Period | Total Assets | Total Revenue | Total Expenses | Profit After Tax (PAT) |
|---|---|---|---|---|
| 2024 | 428.96 Cr. | 282.22 Cr. | 243.88 Cr. | 29.08 Cr. |
| 2025 | 496.64 Cr. | 400.50 Cr. | 354.31 Cr. | 33.60 Cr. |
| 2026 | 614.16 Cr. | 462.54 Cr. | 407.59 Cr. | 43.29 Cr. |
* Amounts reported in ₹ Crores as sourced from company regulatory filings (RHP/DRHP).
SRIT India IPO Valuation & KPIs
Key metrics pre-issueSRIT India Peer Group Comparison
Listed industry peers| Company Name | P/E | EPS (₹) | RoNW (%) | NAV (₹) | Total Income |
|---|---|---|---|---|---|
| Mastek Limited | 12.59 | 130.45 | 14.81% | 965.11 | 36,987.50 Cr. |
| Railtel Corporation of India Limited | 24.03 | 10.79 | 16.25% | 70.47 | 42,774.80 Cr. |
| Protean eGov Technologies Ltd | 19.80 | 24.70 | 9.69% | 265.23 | 9,977.50 Cr. |
| Allied Digital Services Limited | 15.52 | 6.30 | 5.85% | 21.71 | 9,679.10 Cr. |
| Aurionpro Solutions Limited | 18.62 | 38.90 | 13.06% | 322.90 | 1,4110.85 Cr. |
About SRIT India
SRIT India is an Information Technology and Information Technology-enabled Services solutions company offering digital solutions and system automation through custom application development and integration services. The company executes large-scale, mission-critical projects primarily for central and state government bodies, alongside enterprise clients across India and international markets. Its core operations are organized into three primary verticals: electronic governance, healthcare, and telecommunications and broadband. Revenue is predominantly generated by participating in competitive bidding processes to secure tender-driven contracts from government entities, which account for a substantial majority of its business. The company’s business model involves executing turnkey projects, often partnering with third-party technology companies to deliver bundled, integrated solutions and utilizing sub-contractors for specialized tasks. Furthermore, it provides customized solutions tailored to the specific needs and regulatory environments of each industry it serves.
SRIT India IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 28 Sept 2026 |
| IPO Close Date | 30 Sept 2026 |
| Basis of Allotment | 01 Oct 2026 |
| Refunds | 05 Oct 2026 |
| Credit to Demat Account | 05 Oct 2026 |
| IPO Listing Date | 06 Oct 2026 |
Note: The timeline for एस.आर.आय.टी. IPO is tentative and subject to change.
SRIT India Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
|---|---|
| Funding capital expenditure for modernization and redevelopment | 12.869 (5.89%) |
| Funding the working capital requirements of the Company | 124 (56.78%) |
| General Corporate Purposes | 81.54 (37.33%) |
Note: Objectives are as specified in the DRHP/RHP documents of एस.आर.आय.टी..
SRIT India Company Financial Report
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | 282.22 Cr. | 243.88 Cr. | 29.08 Cr. | 428.96 Cr. |
| 2025 | 400.50 Cr. | 354.31 Cr. | 33.60 Cr. | 496.64 Cr. |
| 2026 | 462.54 Cr. | 407.59 Cr. | 43.29 Cr. | 614.16 Cr. |
Note: Financial numbers for एस.आर.आय.टी. are in ₹ Crores unless stated otherwise.
SRIT India Company Valuation & Key Performance Indicators
| KPI | Values |
|---|---|
| ROE | 30.23% |
| ROCE | 28.79% |
| EBITDA Margin | 14.39% |
| PAT Margin | 9.62% |
| Debt to Equity Ratio | 0.23 |
| Earning Per Share (EPS) | 9.47 (Basic) |
| Price/Earning P/E Ratio | - |
| Return on Net Worth (RoNW) | 30.23% |
| Net Asset Value (NAV) | 40.71 |
Note: Valuation KPIs for एस.आर.आय.टी. are computed for FY2026.
SRIT India Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Mastek Limited | 130.45 | 12.59 | 14.81% | 965.11 | 36,987.50 Cr. |
| Railtel Corporation of India Limited | 10.79 | 24.03 | 16.25% | 70.47 | 42,774.80 Cr. |
| Protean eGov Technologies Ltd | 24.70 | 19.80 | 9.69% | 265.23 | 9,977.50 Cr. |
| Allied Digital Services Limited | 6.30 | 15.52 | 5.85% | 21.71 | 9,679.10 Cr. |
| Aurionpro Solutions Limited | 38.90 | 18.62 | 13.06% | 322.90 | 1,4110.85 Cr. |
Note: Peer group comparisons for एस.आर.आय.टी. are sourced from DRHP filings.
SRIT India IPO FAQs
SRIT India IPO opens for subscription on 27 September 2026 and closes on 29 September 2026.
The price band for SRIT India IPO is set at ₹123.00 to ₹130.00 per share.
The minimum market lot size is 115 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 115 Shares (₹14,950).
The latest Grey Market Premium (GMP) for SRIT India IPO is ₹18.00. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for SRIT India IPO is tentatively scheduled for 30 September 2026, and shares are expected to list on the stock exchanges on 5 October 2026.
Kfin Technologies Ltd. is the official registrar for SRIT India IPO. Investors can check their IPO allotment status directly on the registrar's portal once finalized.