Srit India Limited
MainboardSRIT • BSE, NSE
Issue details
Price band
₹123 - ₹130
Lot size
115 shares
Issue size
₹152.88 Cr
Min. investment
₹14,950
Registrar
KFin Technologies
Subscription
88.83x
Grey market premium
Est. gain+₹62 · 48%
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IPO Timeline
Open
28 Sep
Close
30 Sep
Allotment
1 Oct
Listing
6 Oct
- Refunds & demat credit
- 2 Oct 2026
- Mandate end
- 15 Oct 2026
- Anchor lock-in 50%
- 31 Oct 2026
- Anchor lock-in 100%
- 30 Dec 2026
We calculate these dates from the allotment and close dates, so please treat them as indicative. Anchor lock-in applies only to issues with an anchor allotment.
Application size
| Category | Minimum | Maximum |
|---|---|---|
| RII | 115shares 1 lot · ₹14,950 | 1,495shares 13 lots · ₹1,94,350 |
| sNII (₹2L–₹10L) | 1,610shares 14 lots · ₹2,09,300 | 7,590shares 66 lots · ₹9,86,700 |
| bNII (above ₹10L) | 7,705shares 67 lots · ₹10,01,650 | No limit funds permitting |
Based on the upper price band of ₹130 and a lot of 115 shares.
Subscription
| Quota | Shares offered | Shares bid | Subscribed |
|---|---|---|---|
| NII | 25,20,000 | 57,99,70,530 | 230.15x |
| bNII (above ₹10L) | 8,40,000 | 13,48,45,665 | 160.53x |
| Retail (IND) | 58,80,000 | 26,02,14,985 | 44.25x |
| Total | 1,17,60,000 | 1,04,46,95,880 | 88.83x |
Last updated 40 days ago.
Issue structure
Face value
₹5 per share
Issue type
Bookbuilding IPO
Sale type
Fresh capital only
Fresh issue
₹218 Cr
1,68,00,000 shares
Shares pre-issue
4,74,71,757
Shares post-issue
6,42,71,757
Valuation & ratios
| Metric | Pre-IPO | Post-IPO |
|---|---|---|
| EPS | 9.12 | 6.74 |
| P/E | 14.25 | 19.29 |
| Market cap | ₹617.13 Cr. | ₹835.53 Cr |
| 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 |
Financials
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Total income | 462.54 | 400.5 | 282.22 |
| Profit after tax | 43.29 | 33.6 | 29.08 |
| EBITDA | 64.77 | 49.81 | 40.99 |
| Net worth | 193.27 | 93.17 | 80.47 |
| Assets | 614.16 | 496.64 | 428.96 |
| Reserves & surplus | 169.54 | 72.93 | 53.52 |
| Total borrowing | 36.15 | 51.3 | 22.28 |
Figures in ₹ crore, as reported by the company in its offer document.
Objects of the issue
- 1.Funding of capital expenditure requirements towards modernization of existing products and redevelopment₹12.86 Cr
- 2.Funding working capital requirements of the Company₹124 Cr
- 3.Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes—
What the company says it intends to do with the money raised.
Recent comparable IPOs
| Company | Issue price | P/E | Listing close | Listing gain |
|---|---|---|---|---|
| CSM Technologies Ltd.Mainboard | ₹113 | 31.05 | ₹107.35 | -5.00% |
| Fractal Analytics Ltd.Mainboard | ₹900 | 65.5 | ₹847.15 | -5.87% |
| ENS Enterprises Ltd.SME | ₹92 | 10.95 | ₹100.80 | +9.57% |
| Kratikal Tech Ltd.SME | ₹135 | 17.94 | ₹182.40 | +35.11% |
| Genxai Analytics Ltd.SME | ₹116 | 23.41 | ₹97.40 | -16.03% |
| Methodhub Software Ltd.SME | ₹194 | 24.19 | ₹162.90 | -16.03% |
| Logiciel Solutions Ltd.SME | ₹193 | 20.35 | ₹146.70 | -23.99% |
| Workmates Core2Cloud Solution Ltd.SME | ₹204 | 14.66 | ₹368.25 | +80.51% |
Past listing performance of comparable issues. This is not a forecast: listing gains vary widely and can turn negative.
Issue fundamentals compiled from the company's offer document via Chittorgarh, last read 27 Sep 2026. Always verify against the RHP before applying.