- Q1. What is the business of SRIT India Limited?
It is a Bengaluru‑based IT and IT‑enabled services company delivering digital solutions, system automation & custom application platforms for e‑governance, healthcare, telecom and enterprise clients. - Q2. Why is the company raising funds via IPO?
SRIT India is raising funds via IPO to modernise products, expand capabilities, support working capital needs and pursue growth via acquisitions. - Q3. What is the size of the issue and where will it list?
The issue size of the IPO comprises entirely as fresh issue of 1.68 crore equity shares. It will be listed on BSE and NSE platform. - Q4. What are the key risks to an investor?
Key risks include dependence on government tenders and large customers, competitive IT landscape. - Q5. What are the potential upsides?
Upsides include rapid revenue growth, diversified digital offerings across sectors and rising adoption of tech automation. - Q6. How to apply for the IPO?
Investors can apply for the IPO through ASBA via net banking or using UPI through registered stock brokers once the IPO opens for subscription.
Closed
SRIT India Limited: New IPO, Price, Profit, GMP, IPO Score
0
IPO Score
0
*Score varies on actual price
SRIT India Limited is a Bengaluru‑based information technology and IT‑enabled services company that provides digital solutions, system automation and technology platforms for sectors like e‑governance, healthcare, telecom & broadband, and enterprise clients in India and select overseas markets.
SRIT India Limited was incorporated in 1999 & currently Dr. Madhu Nambiar serves as the Chairman & Managing Director of the company.
SRIT India Limited filed its DRHP with SEBI on January 29, 2026. The issue size of the IPO is ₹ 218.4 Crores which features entirely as a Fresh issue of ₹ 218.4 Crores & no Offer for Sale.
It provides system integration, custom application development, managed IT services and operational support to government and enterprise clients. It has completed projects in over 19+ countries and serves government and enterprise clients across India, Europe, USA, Middle East, Africa and Asia Pacific.
Subscription date to apply for SRIT India Limited starts on 28th Sep’26, 2026 & closes on 30th Sep’26. Price band for the IPO is in the range ₹123 to ₹130 with a lot size of 115 Shares.
Revenue, PAT, EBITDA
Year |
2025 |
|---|---|
Networth
|
₹ 93.16 Cr
|
Revenue
|
₹ 389.34 Cr
|
EBITDA
|
₹ 49.80 Cr
|
PAT
|
₹ 33.60 Cr
|
EBITDA Margin
|
12.79%
|
PAT Margin
|
8.63%
|
Face Value
|
Rs.05 per Equity Share
|
IPO Important Dates
# |
Date |
|---|---|
Open Date
|
Sep 28, 2026
|
Close Date
|
Sep 30, 2026
|
Anchor Investor Bidding
|
Sep 25, 2026
|
Allotment Date
|
Oct 1, 2026
|
Refunds& Demat Credit
|
Oct 5, 2026
|
Tentative Listing Date
|
Oct 6, 2026
|
Use Of Proceeds
Purpose |
Amount |
|---|---|
Capital Expenditure
|
₹ 15.35 Crore
|
Working Capital requirements
|
₹ 124 Crore
|
-
|
-
|
-
|
-
|
-
|
-
|
General Corporate Purpose
|
Balance
|
Financial Data
# |
2023 |
2024 |
2025 |
|---|---|---|---|
Revenue (₹ Cr)
|
₹ 151.8
|
₹ 271.1
|
₹ 389.3
|
PAT (₹ Cr)
|
₹ 15.0
|
₹ 29.1
|
₹ 33.6
|
Asset (₹ Cr)
|
₹ 333.4
|
₹ 429.0
|
₹ 496.6
|
Net Worth (₹ Cr)
|
₹ 51.3
|
₹ 80.5
|
₹ 93.2
|
IPO Grey Market Premium
Date |
IPO Price |
IPO GMP |
Profit Per Lot |
|---|---|---|---|
30-Sep
|
₹ 123 - ₹ 130
|
₹ 31
|
₹ 3,565
|
29-Sep
|
₹ 123 - ₹ 130
|
₹ 33
|
₹ 3,795
|
28-Sep
|
₹ 123 - ₹ 130
|
₹ 33
|
₹ 3,795
|
27-Sep
|
₹ 123 - ₹ 130
|
₹ 32
|
₹ 3,680
|
26-Sep
|
₹ 123 - ₹ 130
|
₹ 30
|
₹ 2,530
|
Promoters – Pre offer equity (Approx)
Promoters |
% Shares |
|---|---|
Dr. Nambiar Raghavan Madhusoodan
|
50.82%
|
Prasaktha Vakkiyl Nambiar
|
18.48%
|
Martin Poovakkulam Chacko
|
17.08%
|
-
|
-
|
-
|
-
|
-
|
-
|
Lot Size details
Application Type |
Lot Size |
No. of Lot |
No. of Shares |
Investment Amount |
|---|---|---|---|---|
Retail (Min)
|
115
|
1
|
115
|
₹ 14,950
|
Retail (Max)
|
115
|
13
|
1,495
|
₹ 194,350
|
HNI (Min)
|
115
|
14
|
1,610
|
₹ 209,300
|
HNI (Max)
|
115
|
66
|
7,590
|
₹ 986,700
|
Big HNI (Min)
|
67
|
67
|
7,705
|
₹ 1,001,650
|
Key Performance Index (KPI)
ROE |
38.76% |
|---|---|
ROCE
|
37.42%
|
RoNW
|
38.76%
|
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