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SRIT India Ltd. IPO

SRIT India Ltd. IPO is listed. It opens on 28 Sept 2026 and closes on 30 Sept 2026. The price band is ₹123 to ₹130. One lot is 115 shares. The issue size is ₹218.4 crore. Listing is on 6 Oct 2026.

Mainboard · SRIT

  1. Announced
  2. Upcoming
  3. Open
  4. Closed
  5. Allotment done
  6. Listed

Finfod Research DeskUpdated 6 Oct 2026How we check

By Finfod Research Desk

  • Status

    Listed

  • Price band

    ₹123–₹130

  • Lot size

    115 shares

  • Minimum investment

    ₹14,950 for 1 lot

  • Issue size

    ₹218.4 crore

  • Dates

    28 Sept 2026 – 30 Sept 2026

This page keeps the public figures for the SRIT India Ltd. IPO in one place. When a price band is shown, it is the range of prices you can bid. The lot size is the smallest number of shares in one application. The minimum investment is one lot at the top of that band. The issue size is the amount being offered. A fresh issue is new shares, and the company receives that money. An offer for sale is shares sold by existing holders. The dates run from the day the issue opens to the day it lists. Allotment is the day shares are assigned. Refunds go back to people who were not allotted shares. Demat credit is the day allotted shares show in a demat account. Subscription, when it is shown, is how many times each category bid. A grey market premium, when it is shown, is unofficial and is not a guarantee of the listing price. The links go to the prospectus and the exchange notices when they are published. Nothing on this page is a recommendation to apply.

In FY26, SRIT India Ltd. reported total income was ₹462.54 crore and profit after tax was ₹43.29 crore. Total income was up 15.5% from ₹400.5 crore in FY25. Profit after tax was up 28.8% from ₹33.6 crore in FY25.

The SRIT India Ltd. issue is a fresh issue of ₹218.4 crore. A fresh issue is new shares, so the company receives that money.

The SRIT India Ltd. timeline is: opens on 28 Sept 2026, closes on 30 Sept 2026, allotment is on 1 Oct 2026, refunds are on 5 Oct 2026, demat credit is on 5 Oct 2026, listing is on 6 Oct 2026.

The minimum retail application for SRIT India Ltd. is ₹14,950 for 1 lot.

The total subscription for SRIT India Ltd. is 125.16 times.

SRIT India Ltd. listed at ₹148.

Dates

  1. Opens

    28 Sept 2026

  2. Closes

    30 Sept 2026

  3. Allotment

    1 Oct 2026

  4. Refunds

    5 Oct 2026

  5. Demat credit

    5 Oct 2026

  6. Listing

    6 Oct 2026

SRIT India is a Bengaluru-based IT services company. It builds custom software and digital solutions for business and government clients.

Objects of the 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
  • Issue Expenses

Promoters

Nambiar Raghavan Madhusoodan, Prasaktha Vakkiyl Nambiar and Martin Poovakkulam Chacko

Subscription

Subscribed 125.16x overall. Final, as of 30 Sept 5 pm IST.

  • QIB

    91.84x

  • NII

    312.99x

  • Retail

    63.7x

  • Total

    125.16x

Issue

Face value
₹5
Fresh issue
₹218.4 crore
Exchanges
BSE, NSE
Registrar
Kfin Technologies Ltd.

Reservation

Retail
35%
NII
15%
QIB
50%

Financials

₹ crore, for the last three reported years.

YearTotal incomePATNet worthAssetsBorrowings
FY26462.5443.29193.27——
FY25400.533.693.17——
FY24282.2229.0880.47——

Listing

Listing price
₹148
Close on listing day
₹155.09
Listing gain
13.85% versus ₹130

Frequently asked questions

What is the price band?

The price band is ₹123 to ₹130.

When does this issue open?

It opens on 28 Sept 2026 and closes on 30 Sept 2026.

What is the minimum investment?

The minimum retail application is ₹14,950 for 1 lot.

How many times was it subscribed?

The total subscription is 125.16 times, checked 30 Sept 2026, 5:00 pm IST.

When is allotment?

Allotment is on 1 Oct 2026.

What was the listing gain?

The listing gain against the top of the price band is 13.85%.

The questions above use only the figures on this page.

This page is a calendar of dates and prices. It is not a recommendation to apply.

SRIT India Ltd. IPO: 28 Sept 2026, ₹123–₹130, Listed | Finfod