SRIT India(C)Mainboard
MAINBOARD
Closed
SRIT India Ltd., founded in September 1999, is an IT and IT-enabled Services (IT/ITeS) solutions firm offering digital solutions, custom application development, and system integration services with extensive experience in executing e-governance, healthcare, and digital platforms.
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
+₹51
Est. Listing: ₹181 (+38.8%)
📅 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
+28.1%
predicted listing gain
SRIT India mainboard IPO exhibited exceptional institutional and HNI bidding demand, underpinned by robust revenue and profit growth, healthy return ratios (ROE of 30.23%), and a strong grey market premium, signaling a highly profitable listing day.
💪 Strengths
- Consistent revenue and PAT growth over multiple fiscals
- Strong return ratios including ROE of 30.23% and ROCE of 28.79%
- Low debt-to-equity ratio of 0.23 indicating prudent financial management
- Extensive experience in executing large-scale government and enterprise digital projects
⚠️ Weaknesses
- Heavy reliance on government and institutional contracts
- Working capital intensive operations tied to execution scale
🚀 Opportunities
- Expansion into broader digital health platforms and e-governance initiatives
- Increasing government spending on domestic IT infrastructure and smart city projects
🛡️ Threats
- Intense competition within the IT/ITeS and system integration space
- Delays in government project execution and collections
📊 Financial Overview
| Metric | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue (₹ Cr) | Rs 282.22 Cr | Rs 400.50 Cr | Rs 462.54 Cr |
| Net Profit / PAT (₹ Cr) | Rs 29.08 Cr | Rs 33.60 Cr | Rs 43.29 Cr |
| Total Assets (₹ Cr) | Rs 428.96 Cr | Rs 496.64 Cr | Rs 614.16 Cr |
| ROE % | NA | NA | 30.23% |
| ROCE % | NA | NA | 28.79% |
| Debt / Equity | NA | NA | 0.23 |
📋 Live Subscription Status
QIB
91.84x
NII
227.37x
Retail
63.70x
Total
125.16x
Updated: Oct 2, 2026 6:35 PM
💼 Reservation Quota
QIB
50.00%
Retail
35.00%
NII
15.00%
🔗 Important Links & Lead Managers
- Check Allotment StatusCheck Now →
- Registrar WebsiteVisit →
- Download DRHP ProspectusDownload PDF 📥
- Download RHP ProspectusDownload PDF 📥
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 consistent top-line and bottom-line scaling, reporting revenues of ₹462.54 crores and a net profit of ₹43.29 crores for FY2026. It maintains a healthy return on equity of 30.23% and a low debt-to-equity ratio of 0.23, reflecting strong fundamental soundness.
The ₹218.40 crores mainboard IPO was entirely a fresh issue priced at ₹123 to ₹130 per share. It received massive oversubscription driven by 91.84x QIB and 227.37x NII interest, supported by an active grey market premium.