SRIT India IPO 2026: GMP, Price Band, Dates & Complete Details
The SRIT India IPO is a mainboard offering that will open for subscription on 28 September 2026. Will close on 30 September 2026. The company plans to raise ₹218.40 crore by issuing 1.68 crore shares. This is an issue meaning no existing shareholders will sell their shares. The final price band and GMP (Grey Market Premium) will be announced closer to the IPO launch. Investors should keep an eye on stock market updates for details, on pricing and allotment.
SRIT India IPO Details
| Particular | Details |
| Company | SRIT India Limited |
| IPO Type | Mainboard, Book Building |
| IPO Open Date | 28 September 2026 |
| IPO Close Date | 30 September 2026 |
| Price Band | ₹123 – ₹130 |
| Issue Size | ₹218.40 Crore |
| Fresh Issue | 1.68 Crore Shares |
| Face Value | ₹5 |
| Lot Size | 115 Shares |
| Minimum Investment | ₹14,950 |
| Listing | NSE & BSE |
| Allotment Date | 1 October 2026 |
| Listing Date | 6 October 2026 |
| Lead Manager | Choice Capital Advisors |
| Registrar | KFin Technologies |
The minimum retail application at the upper price band is ₹14,950 for 115 shares.
SRIT India IPO GMP Today
As of 28 September 2026, different market sources are reporting GMP figures in the range of approximately ₹30–₹33. GMP is unofficial and can change quickly during the subscription period.
Using a GMP of ₹32 and the upper price band of ₹130:
| Particular | Value |
| Upper Price Band | ₹130 |
| Latest reported GMP | ₹32 |
| Indicative price | ₹162 |
| Indicative GMP % | ~24.62% |
This is only an unofficial grey-market indication and does not guarantee the actual listing price.
About SRIT India
SRIT India is a Bengaluru-based IT and IT-enabled services company providing digital solutions, system integration, automation and technology solutions. Its business serves areas including healthcare, e-governance, telecom and broadband.
The company reported FY2026 revenue of around ₹450 crore, compared with ₹389.3 crore in FY2025. Its government business accounted for about 89.41% of FY2026 revenue.
SRIT India Financials
| Financial Year | Revenue |
| FY2024 | ₹249.99 Cr total income |
| FY2025 | ₹363.45 Cr total income |
| FY2026 | ~₹450 Cr revenue |
For FY2025 SRIT India reported a profit after tax of about ₹29.86 crore, which's higher than the ₹20.61 crore recorded in FY2024.
Use of IPO Funds
The company plans to use the IPO proceeds for:
- Modernisation and redevelopment of existing products
- Working capital requirements
- Potential acquisitions and strategic initiatives
- General corporate purposes
Working capital requirements account for a substantial portion of the proposed use of funds.
Key Points to Know
- IPO size: ₹218.40 crore
- Price band: ₹123–₹130
- Lot size: 115 shares
- Minimum investment: ₹14,950
- IPO dates: 28–30 September 2026
- Listing: NSE & BSE
- Latest reported GMP: around ₹30–₹33
- IPO is entirely a fresh issue
- FY2026 revenue was around ₹450 crore
- Government segment contributed about 89.41% of FY2026 revenue.
FAQs
What is SRIT India IPO price?
SRIT India IPO price band is ₹123 to ₹130 per share.
What is SRIT India IPO GMP today?
I saw that on 28 September SRIT India IPO GMP is, around ₹30 to ₹33. This is unofficial and could change.
What is SRIT India IPO lot size?
SRIT India IPO lot size is 115 shares.
When will SRIT India IPO list?
I read that SRIT India IPO will list on 6 October 2026 on NSE and BSE.
What is the minimum investment?
For the upper SRIT India IPO price band one lot of 115 shares costs ₹14,950.