SRIT India
SRIT India Ltd. is an IT and IT-enabled Services (IT/ITeS) solutions firm offering digital solutions, custom application development, and system integration services with over 26 years of experience.
Price Band
₹130 - ₹130
Lot Size
115 Shares
Issue Size
₹218.40 Cr
Fresh Issue
₹218.40 Cr
OFS
N/A
Registrar
AI Sentiment Score
Current GMP
+₹48
Est. Listing: ₹178 (+36.5%)
📅 IPO Timeline
✓
Open
Sep 28, 2026
✓
Close
Sep 30, 2026
3
Allotment
Oct 1, 2026
4
Refund
Oct 5, 2026
5
Demat
Oct 5, 2026
6
Listing
Oct 6, 2026
✨ AI Analysis & Prediction
+26.4%
predicted listing gain
SRIT India IPO shows extremely strong demand across all categories with total subscription exceeding 125x, driven by robust institutional interest and a healthy GMP pointing to a solid listing gain.
💪 Strengths
- Extremely high subscription demand across QIB and NII segments
- Strong financial track record with consistent growth in revenue and PAT
- Low debt-to-equity ratio indicating healthy balance sheet management
- Extensive experience in government and enterprise digital infrastructure projects
⚠️ Weaknesses
- Heavy reliance on government contracts and public sector execution timelines
🚀 Opportunities
- Expanding digital health and e-governance initiatives across India
- Opportunities in AI-driven traffic management and smart infrastructure
🛡️ Threats
- Intense competition in the IT/ITeS and system integration segment
- Potential delays in project execution and collections from government entities
🎯 Objectives of the IPO
| Requirement / Purpose | Amount (₹ Cr) |
|---|---|
| Funding of capital expenditure requirements towards modernization of existing products and redevelopment | ₹15.36 |
| Funding working capital requirements of our Company | ₹124.00 |
| Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes | ₹79.04 |
📊 Financial Overview
| Metric | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue (₹ Cr) | Rs 250.00 Cr | Rs 389.00 Cr | Rs 450.00 Cr |
| Net Profit / PAT (₹ Cr) | Rs 19.00 Cr | Rs 34.00 Cr | Rs 43.00 Cr |
| EBITDA / Op. Profit (₹ Cr) | Rs 27.00 Cr | Rs 50.00 Cr | Rs 65.00 Cr |
| Borrowings (₹ Cr) | Rs 24.00 Cr | Rs 62.00 Cr | Rs 45.00 Cr |
| Total Assets (₹ Cr) | Rs 448.00 Cr | Rs 497.00 Cr | Rs 614.00 Cr |
| ROCE % | 33.00% | 45.00% | 35.00% |
📋 Live Subscription Status
QIB
91.84x
NII
227.37x
Retail
63.70x
Total
125.16x
Updated: Oct 2, 2026 8:01 AM
💼 Reservation Quota
QIB
50.00%
Retail
35.00%
NII
15.00%
📈 Shareholding & Anchor Lock-In
🔗 Important Links & Lead Managers
- Check Allotment StatusCheck Now →
- Registrar WebsiteVisit →
- Download DRHP ProspectusDownload PDF 📥
- Download RHP ProspectusDownload PDF 📥
Lead Managers / Merchant Bankers
This issue is managed by Hem Securities Ltd., and Share India Capital Services Pvt. Ltd.
Disclaimer: The information provided on this page is for educational and informational purposes only and does not constitute financial advice. IPO investments are subject to market risks. AI-generated analysis is based on publicly available data and may not be accurate. Grey Market Premium (GMP) is unofficial and highly speculative. Always consult a qualified financial advisor and read the DRHP/RHP carefully before making investment decisions.
The company has demonstrated steady top-line and bottom-line growth, backed by execution of over 103 projects for government and enterprise customers across healthcare, e-governance, and infrastructure domains.
The mainboard IPO is sized at approximately ₹218.40 crores, entirely comprising a fresh issue. The issue is priced at ₹123 to ₹130 per share and boasts massive subscription numbers, led by QIB and HNI demand.