SRIT India IPO Listing Price, Gain & Allotment

SRIT India is a Bengaluru-headquartered Information Technology and Information Technology enabled Services (IT/ITeS) solutions company providing digital solutions, custom application development and system integration services. The issue size is ₹218.4 Cr.

Revenue rose from ₹282.22 Cr in FY24 to ₹462.54 Cr in FY26, a compound annual growth of 28%. Profit after tax grew from ₹29.08 Cr to ₹43.29 Cr. That is a net profit margin of 9.4% in FY26. Borrowings were 0.19 times net worth at the end of FY26.

The issue closed subscribed 125.16x overall (QIB 91.84x, NII 312.99x and retail 63.70x). SRIT India listed at ₹148 on 6 Oct 2026, +13.9% against the issue price of ₹130. The last GMP before listing had pointed to about ₹182, so it opened 26.2 points below the grey market estimate. It closed the first day at ₹155.09 (+19.3%).

SRIT India is a mainboard IPO worth ₹218.4 crore with a price band of ₹130 per share. The issue opens on 28 September 2026 and closes on 30 September 2026. Shares are expected to list on 6 October 2026 on BSE, NSE.

SRIT India IPO is a mainboard issue of Rs. 218.40 Cr (1.68 crore shares) by SRIT India Limited, which is a Bengaluru-headquartered Information Technology and Information Technology enabled Services (IT/ITeS) solutions company providing digital solutions, custom application development and system integration services.

With 26 years of industry experience, the Company designs, implements and operates digital platforms for Government entities and Enterprises in India and select overseas markets. The Company operates across three verticals: healthcare, electronic governance, and telecommunications and broadband.

Its offerings include healthcare information systems, digital health platforms, e-governance solutions, cybersecurity, enterprise software, networking, connectivity, fibre optic infrastructure, system integration, automation and managed services. The Company also provides configurable and customised solutions that can be integrated with third-party platforms and has commenced developing AI-enabled solutions across its key verticals.

In the last decade, the Company has executed more than 103 projects with an aggregate order value of approximately ₹12,347.16 million for Government and Enterprise customers. Its projects include healthcare platforms, nationwide banking connectivity, state-wide fibre networks, AI-driven traffic management and power transformer monitoring solutions. The Company has a presence across multiple Indian states and also operates internationally through its Qatar operations.