IT - Digital Solutions & IT Services - Listed on 06 October 2026
SRIT India (IT - Digital Solutions & IT Services) closed its IPO window in 2026 and listed on NSE and BSE on 06 October 2026 at an upper band issue price of Rs 130, opening at Rs 148 for a listing gain of +13.8% and closing day one at Rs 155.09 (+19.3% on closing basis). The IPO was subscribed 125.16x overall - QIB 91.84x, HNI/NII 312.99x, Retail 63.70x. The total issue size was Rs 218.4 Cr (Fresh Issue Rs 218.4 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
IT - Digital Solutions & IT Services
SRIT India is a Bengaluru-headquartered IT and IT-enabled services company providing digital solutions, custom application development, systems integration and technology-enabled services to government entities and enterprises. Its operations span healthcare, e-governance, telecommunications and broadband.
Issue structure, listing outcome and context
The ₹218.40 crore IPO was entirely a fresh issue of 1.68 crore shares, priced at ₹130 per share at the upper end. The shares listed on NSE at ₹148 on 6 October 2026, a 13.85% premium to the issue price, and closed at ₹155.09 on the listing day.
Number of times each investor category subscribed by close of Day 3.
How overall subscription built up across the three-day issue window.
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 33 | +25.40% |
| Day 2 | Rs 31 | +23.80% |
| Day 3 | Rs 36 | +27.70% |
| Day 4 | Rs 48 | +36.90% |
| Day 5 | Rs 53 | +40.80% |
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Prediction Accuracy: 9.3 pp (Reasonably accurate)
How the broader market moved around the SRIT India IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
SRIT India IPO listed at +13.8% versus the upper issue price of Rs 130 on 06 October 2026.
SRIT India IPO was subscribed 125.16x overall. QIB portion was subscribed 91.84x, HNI / NII 312.99x and Retail 63.70x.
IPO GMP started at Rs 33 on Day 1 and moved to Rs 53 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.