SRIT India IPO: GMP, subscription and allotment status
₹0grey-market premium
- GMP
- ₹0
- 0.0%as of 23 Sept, 14:30 IST
- Est. listing
- ₹130
- 0.0% on issue price
- Price band
- ₹130
- Lot
- 115 shares
- Min. ₹14,950
Allotment
Expected 1 Oct.
Dates
28 → 30 Sept · allot 1 Oct · list 6 OctRefunds and shares in your demat account on 5 Oct.
Issue details
- Segment
- Mainboard
- Face value
- ₹5
- Issue type
- Book build Issue
- Fresh issue
- ₹218.40 Crores
- Listing at
- BSE, NSE
- Registrar
- KFin Technologies
- NSE symbol
- —
GMP is unofficial and doesn't guarantee a listing price. Where these numbers come from
What you can apply for
- Retail Minimum
- 1 lot, 115 shares
- 115
- ₹14,950
- Retail Maximum
- 13 lots, 1,495 shares
- 1,495
- ₹1,94,350
- S-HNI Minimum
- 14 lots, 1,610 shares
- 1,610
- ₹2,09,300
- S-HNI Maximum
- 66 lots, 7,590 shares
- 7,590
- ₹9,86,700
- B-HNI Minimum
- 67 lots, 7,705 shares
- 7,705
- ₹10,01,650
A retail application can't go past ₹2 lakh; bigger bids go in the HNI categories.
Where the money goes
- Funding of capital expenditure requirements towards modernization of existing products and redevelopment
- ₹15.36 Cr
- Funding working capital requirements of our Company
- ₹124.00 Cr
- Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes
- —
What the company plans to do with the money it raises, from the offer document. Money raised in an offer for sale goes to the selling shareholders, not the company.
Company numbers
₹237.52 Cr−40.7% on 2025
₹19.92 Cr−40.7% on 2025
₹548.05 Cr+10.4% on 2025
- Sep 2025
- Revenue ₹237.52
- Profit ₹19.92
- Assets ₹548.05
- 2025
- Revenue ₹400.50
- Profit ₹33.60
- Assets ₹496.64
- 2024
- Revenue ₹282.22
- Profit ₹29.08
- Assets ₹428.96
In ₹ crore, for the years the offer document reports.
- ROE
- -%
- ROCE
- -%
- EBITDA Margin
- -%
- PAT Margin
- -%
- Earning Per Share (EPS)
- ₹7.20 (Basic)
- Return on Net Worth (RoNW)
- 38.76%
- Net Asset Value (NAV)
- ₹23.02
Listed peers
- Mastek Limited
- P/E 17.50
- EPS 121.78
- Return on net worth 16.53%
- Railtel Corporation of India Limited
- P/E 35.99
- EPS 9.34
- Return on net worth 15.67%
- Protean eGov Technologies Ltd
- P/E 28.31
- EPS 22.83
- Return on net worth 9.61%
- Allied Digital Services Limited
- P/E 25.22
- EPS 4.98
- Return on net worth 4.71%
- Aurionpro Solutions Limited
- P/E 27.76
- EPS 34.72
- Return on net worth 15.30%
Price to earnings, earnings per share and return on net worth, as the offer document reports them.
Who the issue is reserved for
- QIB
- 50%
- NII
- 15%
- Retail
- 35%
Share of the issue set aside for each kind of investor.
Promoters and bankers
- Promoters
- Nambiar Raghavan Madhusoodan, Prasaktha Vakkiyl Nambiar and Martin Poovakkulam Chacko
- Lead managers
- Choice Capital Advisors Pvt.Ltd.
Issue details come from the IPO's page on IPOWatch, which follows the company's prospectus.
More Mainboard IPOs
- Varmora Granito IPOCloses today
- Adroit Industries (India) IPOCloses 25 Sept
- Swastika Infra IPOCloses 25 Sept
- Elevate Campuses IPOCloses 25 Sept
- Shah Investor’s Home IPOLists ~6 Oct
Frequently asked questions
- What is the GMP of SRIT India IPO today?
- The grey-market premium is ₹0, which points to a listing around ₹130 (0.0% on the issue price), as of 14:30 IST on 23 September 2026. GMP is unofficial and doesn't guarantee a listing price.
- When does SRIT India IPO open and close?
- Bidding runs from 28 September 2026 to 30 September 2026.
- What is the SRIT India IPO allotment date?
- Allotment is expected on 1 October 2026.
- When will SRIT India IPO list?
- Listing is expected on 6 October 2026.
- What is the lot size and minimum investment for SRIT India IPO?
- One lot is 115 shares, so the minimum investment at the upper price of ₹130 is ₹14,950.
- How do I check SRIT India IPO allotment status?
- KFin Technologies is the registrar. Once allotment is out, check it by PAN on the KFin Technologies website or right here.