SRIT India IPO Price: ₹123 to ₹130 per share
IPO Dates: 28 to 30 Sept, 2026
Company Overview
Incorporated in September 1999, SRIT India Limited 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.
Business Operations
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.
Order Book & Project Execution
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.
Market Presence
The Company has a presence across multiple Indian states and also operates internationally through its Qatar operations.
Technology & Certifications
The Company’s delivery processes are appraised at CMMI Level 5 and SSE-CMM and are certified to ISO 27034-1:2011, ISO/IEC 27001:2022 and ISO 45001:2018.
Financial Performance
Revenue from operations increased from ₹3,893.47 million in Fiscal 2025 to ₹4,499.99 million in Fiscal 2026, while profit after tax increased from ₹336.04 million to ₹432.89 million during the same period.
Workforce
As of June 30, 2026, the Company had 177 permanent employees, 7 contract-specific employees and 107 consultants.
Its experienced workforce supports application development, project management, operations, solution architecture, support engineering, quality management and service delivery.
Competitive Strengths
- Strong financial performance.
- Growing capabilities in AI-enabled solutions.
- Diversified presence across three key verticals.
- Experienced Promoters and Senior Management team.
- End-to-end digital solutions and integration capabilities.
- 26 years of industry experience and established track record.
- Strong Government and Enterprise project execution track record.
Bidding Starts In
SRIT India Limited IPO Specifics:
| IPO Date | 28 to 30 Sep, 2026 |
| Listing Date | Tue, Oct 6, 2026T |
| Face Value | ₹5 per share |
| Price Band | ₹123 to ₹130 |
| Lot Size | 115 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 1,68,00,000 shares (agg. up to ₹218 Cr) |
| Fresh Issue | 1,68,00,000 shares (agg. up to ₹218 Cr) |
| Share Holding Pre Issue | 4,74,71,757 shares |
| Share Holding Post Issue | 6,42,71,757 shares |
SRIT India Limited IPO Timetable (Important Dates)
| Event | Date |
|---|---|
| IPO Open | Mon, Sep 28, 2026 |
| IPO Close | Wed, Sep 30, 2026 |
| Allotment | Thu, Oct 1, 2026 |
| Refund | Mon, Oct 5, 2026 |
| Credit of Shares | Mon, Oct 5, 2026 |
| Listing | Tue, Oct 6, 2026 |
SRIT India Limited IPO Lot Size
Bidders have the opportunity to bid for a minimum of 115 shares, with the option to increase in multiples. The table below outlines the minimum and maximum investment thresholds for both retail investors and High Net Worth Individuals (HNIs), specifying the corresponding number of shares and amounts involved.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 115 | ₹14,950 |
| Retail (Max) | 13 | 1495 | ₹1,94,350 |
| S-HNI (Min) | 14 | 1610 | ₹2,09,300 |
| S-HNI (Max) | 66 | 7590 | ₹9,86,700 |
| B-HNI (Min) | 67 | 7705 | ₹10,01,650 |
SRIT India Limited IPO Reservation
| Investor Category | Shares |
|---|---|
| QIB | Not more than 50% of the Net Issue |
| Retail | Not less than 35% of the Net Issue |
| NII | Not less than 15% of the Net Issue |
SRIT India Limited IPO Financial Information
| Particulars (₹ Cr) | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 614.16 | 496.64 | 428.96 |
| Total Income | 462.54 | 400.50 | 282.22 |
| Profit After Tax | 43.29 | 33.60 | 29.08 |
| EBITDA | 64.77 | 49.81 | 40.99 |
| NET Worth | 193.27 | 93.17 | 80.47 |
| Reserves and Surplus | 169.54 | 72.93 | 53.52 |
| Total Borrowing | 36.15 | 51.30 | 22.28 |
Key Performance Indicator-SRIT India Limited IPO
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 30.23% |
| ROCE | 28.79% |
| Debt/Equity | 0.23 |
| RoNW | 30.23% |
| PAT Margin | 9.62% |
| EBITDA Margin | 14.39% |
| NAV | 40.71 |
| Price to Book Value | 3.19 |
| Valuation Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 9.12 | 6.74 |
| P/E (x) | 14.25 | 19.29 |
| Market Cap at Offer Price | ₹617.13 Cr. | ₹835.53 Cr. |
Prospectus Links:
Prospectus: Official documents that provide detailed information about the IPO and the company.
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