SRIT India IPO 2026: Price Band, Dates, Lot Size, GMP, Allotment and Listing Details

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SRIT India Limited IPO
SR
SRIT India Limited IPO
Digital Transformation · Systems Integration · Healthcare, e-Governance & Telecom · Bengaluru
📋 Mainline IPO Fresh Issue Only NSE, BSE
₹130
Upper Price
₹218.40 Cr
Issue Size
Oct 6, 2026
Listing Date
₹617.13 Cr
Market Cap (Pre)
📅 IPO Timetable
All dates tentative
🟢
IPO Opens
Monday, 28 September 2026
Bidding starts — apply before close
🔒
IPO Closes
Wednesday, 30 September 2026
Last day to bid — closes at 5:00 PM IST
📊
Basis of Allotment
Thursday, 1 October 2026
Allotment finalised by registrar
🔄
Refund & Share Credit
Monday, 5 October 2026
Unallotted funds returned; shares credited to demat
🏷️
Tuesday, 6 October 2026
Trading begins from 10:00 AM IST
📋 IPO Details
IPO Open Date28 September 2026 (Mon)
IPO Close Date30 September 2026 (Wed)
Listing Date6 October 2026 (Tue)
Face Value₹5 per share
Price Band₹123 to ₹130
Issue Price (Upper Band)₹130 per share
Issue TypeBook Build — Fresh Issue Only
Lot Size115 shares (Min Application: 1 Lot / 115 Shares)
Total Issue Size1,68,00,000 shares (₹218.40 Cr)
Fresh Issue1,68,00,000 shares (₹218.40 Cr)
Offer for Sale (OFS)0 shares (₹0 Cr)
Pre-Issue Shares4,74,71,757
Post-Issue Shares6,42,71,757
Promoter Holding (Pre)84.91%
Market Cap (Pre-IPO)₹617.13 Cr
Listing ExchangeNSE, BSE
Lead ManagerChoice Capital Advisors Pvt.Ltd.
RegistrarKfin Technologies Ltd.
💰 Lot Size & Minimum Investment
At upper price ₹130
Investor TypeLotsSharesAmount
Retail — Minimum1115₹14,950
Retail — Maximum131,495₹1,94,350
S-HNI (sNII) — Min141,610₹2,09,300
S-HNI (sNII) — Max667,590₹9,86,700
B-HNI (bNII) — Min677,705₹10,01,650
⚠️ Note: Investors can bid for a minimum of 115 shares and in multiples thereof. Retail individual investors can apply up to ₹2,00,000.
👥 Investor Reservation
Allocated portion of Net Issue
Not more than 50%
QIB Portion
Not less than 35%
Retail Portion
Not less than 15%
NII Portion
📊 Subscription Status
Loading…
📈 Company Financials
Restated Consolidated · ₹ Crore
Metric30 Sep 202531 Mar 202531 Mar 2024
Total Assets548.05496.64428.96
Total Income237.52400.50282.22
PAT19.9233.6029.08
EBITDA32.0749.8140.99
Net Worth156.1893.1780.47
Reserves & Surplus133.1772.9353.52
Total Borrowing46.0361.8424.83
Income Growth
FY 2022–23₹162.93 Cr
FY 2023–24₹282.22 Cr
FY 2024–25₹400.50 Cr
🎯 Key Performance Indicators
30.23%
RoNW
Mar 31, 2026
3.19x
Price/Book
Mar 31, 2026
40.71
NAV
Mar 31, 2026
⚖️ Valuation & EPS
Pre-IPO EPS
₹7.08
Restated earnings + pre-issue shares
P/E: 18.36x
Post-IPO EPS
₹6.20
Restated earnings + post-issue shares
P/E: 20.97x
Price to Book Value
3.19x
At upper price band ₹130
Market Cap (Pre-IPO)
₹617.13 Cr
At issue price ₹130
ℹ️ Pre-IPO EPS (₹7.08) based on pre-issue shares (4,74,71,757). Post-IPO EPS (₹6.20) accounts for the dilution resulting from the issuance of 1,68,00,000 fresh equity shares extending the total post-issue equity to 6,42,71,757 shares. Post-IPO Market Cap expands to ₹835.53 Cr at the upper issue price of ₹130.
🎯 Objects of the Issue
Net proceeds utilisation
1
Funding of capital expenditure requirements towards modernization of existing products and redevelopment
₹15.36 Cr
2
Funding working capital requirements of our Company
₹124.00 Cr
3
Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes
Balance
Total Fresh Issue Goal ₹218.40 Cr
🏢 About SRIT India Ltd.
Headquartered in Bengaluru · IT & ITeS Solutions Provider · 26+ Years of Experience

SRIT India Ltd. is a Bengaluru-headquartered Information Technology and Information Technology-enabled Services (“IT/ITeS”) enterprise specializing in digital transformation and system automation through bespoke application engineering and complex systems integration. Over more than 26 years, the company has cultivated extensive technical capabilities in conceptualizing, implementing, and administering mission-critical digital platforms for government authorities and enterprise institutions across India and select overseas geographies.

The company organizes its business across three principal domains: (i) Healthcare, (ii) Electronic Governance, and (iii) Telecommunications and Broadband. Key deployments include AI-driven architectures for urban transit and public safety, complete automation systems for state-owned beverage distribution networks, and digital infrastructures spanning Health Management Information Systems (HMIS), Supply Management platforms, and e-Prescription portals. As of September 30, 2025, SRIT India commanded an outstanding order book of ₹1,280.62 Cr, having executed over 103 major projects with a cumulative historical value of ₹1,234.72 Cr across Central, State, local government bodies, and corporate enterprises.

Brand Ecosystem
🏥
Digital Healthcare Platforms
Enterprise HMIS, digital e-Prescription platforms, and integrated hospital workflow management systems.
🏛️
Electronic Governance
Bespoke public administration software, online licensing solutions, and state-wide supply chain automation.
📡
Telecom & Broadband
Network integration, broadband delivery infrastructure, and operational support systems for service providers.
🤖
AI & Public Safety
Automated intelligent solutions applied across public safety platforms and transit monitoring systems.
Competitive Strengths
🏆Established track record of over 26 years delivering end-to-end product architecture and systems integration.
📊Diverse and resilient order book standing at ₹1,280.62 Cr across healthcare, e-governance, and telecom verticals.
🌐Extensive geographic execution footprint supporting Central, State, and enterprise implementations.
📈Strong financial health marked by steady expansion, healthy balance sheet metrics, and experienced promoter leadership.
Company Promoters
NM
Nambiar Raghavan Madhusoodan & Prasaktha Vakkiyl Nambiar
Promoters, SRIT India Ltd.
MC
Martin Poovakkulam Chacko
Promoter, SRIT India Ltd.
📅 Key Dates
IPO Opens28 Sep 2026
IPO Closes30 Sep 2026
Allotment1 Oct 2026
Refund & Share Credit5 Oct 2026
Listing Day6 Oct 2026
💡 Quick Summary
Price Band₹123 – ₹130
Upper Price₹130 / share
Lot Size115 shares
Min. Investment (Retail)₹14,950 (1 Lot)
Issue Size₹218.40 Cr
ListingBSE, NSE
🏦 Registrar & Lead Manager
Registrar
Kfin Technologies Ltd.
📞 040-79615565
[email protected]
Lead Manager
Choice Capital Advisors Pvt.Ltd.
📍 Registered Address
SRIT India Ltd.
SRIT House, #113/1B, ITPL Main Road,
Kundalahalli, Bengaluru,
Karnataka — 560037
📞 +91-80419 51999
[email protected]
🛡️ Regulatory Note: Mainline IPO investments are subject to SEBI regulations. Always read the Prospectus/DRHP before applying. Consult a SEBI-registered advisor before investing.
⚠️ Disclaimer: This page presents publicly available information from the SRIT India IPO DRHP for informational purposes only. This format is generated adhering to the required structure as specified in the IPO NEW FORMAT source file. It does not constitute investment advice. IPO investments are subject to market risk. Please read all offer documents and consult a SEBI-registered advisor before investing.
📊
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