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SRIT IPO

GMP, Subscription, Price, Allotment, Listing Date & AI Prediction

Upcoming

Mainboard

PRICE BAND

Rs 123 - 130

LOT SIZE

115

Shares

MIN INVEST

Rs 14,950

CUT-OFF

Rs 130

per share

Open

28 Sept 2026

Last Day

30 Sept 2026

Allotment

01 Oct 2026

Expected Refund

02 Oct 2026

Listing

06 Oct 2026

GMP Today

2m ago

+10.4%

+Rs 13.5 premium

Refresh in --:--

Est. Listing Price

GMP Based

Rs 143.5

Issue Price + GMP (Dynamic)

Est. Profit (1 Lot)

GMP Based

+Rs 1,552.5

+10.4% (115 shares)

Subscription

-

Not open

IPOGyani AI Engine - Live Prediction
0.0%

Range: 0.0% to 4.0%

Confidence: Moderate - 50%

Confidence Score - 50%

📈 GMP Trend Anchor Quality🧠 Sentiment 50/100📊 Sub 0x🏭 Computers Software & Consulting
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Real-time subscription data

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Current IPO Status: upcoming

Summarize with AI

Get a quick SRIT summary (150-200 words) from your favorite AI:

About SRIT

Computers Software & Consulting

SRIT India is headquartered in Bengaluru and has more than two decades of experience in healthcare technology services. Its business focuses on providing technology solutions and services to healthcare institutions and related organisations.

IPO_DETAILS_LONG: SRIT India IPO is a Mainboard book-built issue of 1,68,00,000 fresh equity shares at ₹123 to ₹130 per share. The IPO opens on September 28, 2026 and closes on September 30, 2026. Allotment is scheduled for October 1, refunds and demat credit for October 5, and listing for October 6, 2026. The issue is entirely a fresh issue with no OFS. The company proposes to use ₹12.86 Cr for modernization and redevelopment, ₹124 Cr for working capital, and the remaining net proceeds for unidentified acquisitions, strategic initiatives and general corporate purposes.

Issue Details

Total Issue Size

Rs 218.4 Cr

Issue Size for Retail

Rs 76.44 Cr

Fresh Issue vs OFS

Fresh Issue
Rs 218.4 Cr (100%)

Reservation Quota

QIB

50%

Retail

35%

NII

15%

Lead Manager

Choice Capital Advisors Private Limited

Registrar

KFin Technologies Limited

Objects of the Issue (as per DRHP)

  • 1Funding capital expenditure requirements towards modernization of existing products and redevelopment - ₹12.86 Cr
  • 2Funding working capital requirements of the Company - ₹124.00 Cr
  • 3Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes - balance of net proceeds after the above specified objects and issue expenses

Key Performance Indicator (KPI)

KPIMar 31 2026NA
ROE30.23%NA
ROCE28.79%NA
Debt/Equity0.23NA
RoNW30.23%NA
PAT Margin9.62%NA
EBITDA Margin14.39%NA
Price to Book Value3.19
Pre IPOPost IPO
EPS (Rs)9.126.74
P/E (x)14.2519.29
Promoter HoldingNANA
Market CapRs 835.53 Cr.

Nambiar Raghavan Madhusoodan, Prasaktha Vakkiyl Nambiar, Martin Poovakkulam Chacko

SRIT Financials

Company financial data by reporting period. Amounts in Rs crore; ratios and percentages as labelled. A dash means not available, not zero.
MetricFY24FY25FY26
Total IncomeRs 282.22 CrRs 400.5 CrRs 462.54 Cr
Net Profit (PAT)Rs 29.08 CrRs 33.6 CrRs 43.29 Cr
EBITDARs 40.99 CrRs 49.81 CrRs 64.77 Cr
BorrowingsRs 22.28 CrRs 51.3 CrRs 36.15 Cr
ROENANA30.23%
ROCENANA28.79%
Debt/EquityNANA0.23
AssetsRs 428.96 CrRs 496.64 CrRs 614.16 Cr

Company Financials

Financial charts load as you reach this section.

MARKET SENTIMENT SCORE

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Expert Reviews & Opinions

Expert reviews for SRIT IPO will appear here once available.

Reviews are summarized from YouTubers, analysts, news channels, and brokerage firms using AI.

Company Contact Details

Srit House, 113/1B, ITPL Main Road, Kundalahalli, Bangalore - 560037, Karnataka

Green Flags

  • Total income increased from ₹282.22 Cr in FY24 to ₹462.54 Cr in FY26.
  • PAT increased from ₹29.08 Cr to ₹43.29 Cr over the same period.
  • FY26 EBITDA increased to ₹64.77 Cr.
  • FY26 ROE and RoNW were 30.23%.
  • FY26 ROCE was 28.79%.
  • Debt-to-equity declined to 0.23x in FY26 from the higher FY25 borrowing level.
  • IPO proceeds include substantial working-capital funding and modernization expenditure.

Red Flags

  • Borrowings increased sharply from ₹22.28 Cr in FY24 to ₹51.30 Cr in FY25 before declining to ₹36.15 Cr in FY26.
  • ₹124 Cr, more than half of the issue proceeds, is earmarked for working capital.
  • The acquisition component relates to unidentified future acquisitions, so the specific targets and economics are not yet known.
  • The business is exposed to technology-sector competition and rapid technology changes.
  • A substantial portion of the IPO proceeds is not tied to a specifically identified acquisition target.

IPO Lot Size

Investors can bid for a minimum of 115 shares and in multiples thereof.

ApplicationLotsSharesAmount
Retail (Min)1115₹14,950
S-HNI (Min)141,610₹2,09,300
B-HNI (Min)8710,005₹13,00,650

Frequently Asked Questions

What is the price band of SRIT IPO?

The price band is Rs 123-130 per share. One lot contains 115 shares; its value at the upper price is Rs 14,950. Check the issue terms for the minimum application size applicable to your category.

What are the bidding dates for SRIT IPO?

The scheduled bidding period is 28 Sept 2026 to 30 Sept 2026.

When is SRIT IPO scheduled to list?

The scheduled listing date is 6 Oct 2026. The actual listing price is determined on the exchange, not by the grey market premium or an AI estimate.

Who is the registrar for SRIT IPO?

KFin Technologies Limited is the registrar. See the allotment page for the available schedule and official checking link.

Who manages SRIT IPO?

Lead manager information recorded for this issue: Choice Capital Advisors Private Limited.

Disclaimer

IPOGyani is not SEBI registered and does not provide investment advice. All information is for educational purposes only.

AI predictions are probabilistic estimates based on historical data and market trends. Past performance is not indicative of future results.

GMP (Grey Market Premium) data is sourced from various unofficial channels and may not be accurate. Always verify from multiple sources.

Investors should do their own research (DYOR) and consult a SEBI registered advisor before investing.

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