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Srit India Ltd.

NSE & BSE
ListedListed on 6 Oct 2026+7.5%

₹123–130

₹ 153 Cr

115 Shares

₹ 14,145

₹5

Financial Summary

Consolidated(in ₹ million)
ParticularsFY 2025-26FY 2024-25
4,499.993,893.47
125.39111.55
4,625.384,005.02
3,852.253,395.38
549.5461.91
432.89336.04

Subscription Details

125.16xTotal
Subscription
63.70x
312.99x
91.84x
0.00x

IPO Timeline

IPO Offer Start

28 Sept 2026

IPO Offer Ends

30 Sept 2026

6 Oct 2026

Use of Proceeds

#PurposeAmount (₹ Million)
1Funding of capital expenditure requirements towards modernization of existing 128.57
2Funding working capital requirements of our Company 1,240
3Achieving inorganic growth through unidentified acquisitions and other strategic551.27

Promoters

Dr. Nambiar Raghavan MadhusoodanPrasaktha Vakkiyl NambiarMartin Poovakkulam Chacko

Book Running Lead Managers

Choice Capital Advisors Pvt Ltd

Promoter Shareholding

Pre-IPO

86.55%

Promoter stake

Post-IPO

62.71%

Promoter stake

Offered to Public

1,17,60,000

shares

Post Share Capital

4,03,06,747

shares

IPO Registrar

KFIN Technologies Ltd.

About the Company

We are a Bengaluru-headquartered Information Technology and Information Technology enabled Services (“IT/ITes”) solutions company offering digital solutions and automations of systems through custom application development and integration services. We have a track record of twenty-six years in designing, implementing and operating digital platforms for Government entities and Enterprises in India and select overseas markets. The Company has successfully implemented large-scale, mission-critical projects for both central and state government bodies across India (Source: D&B Report). Our activities are organised across three verticals: (i) healthcare, (ii) electronic governance, and (iii) telecommunications and broadband. Our delivery processes are appraised at Capability Maturity Model Integration (“CMMI”) Level 5 and Systems Security Engineering – Capability Maturity Model (“SSE-CMM”), and are certified to ISO 27034-1:2011, ISO/IEC 27001:2022, ISO 45001:2018. For further details, please see, “History and Certain other Corporate Matters- Awards, accreditations, certifications and recognitions received by our Company” on page 230. In the last decade, we have executed more than 103 projects with a total order value of ₹12,347.16 million across healthcare, electronic governance and telecommunication and broadband sectors catering to both Government as well as Enterprises. For further details, please see, “Our Business - Our geographical reach and customer base”

Use of Proceeds

1. Funding of capital expenditure requirements towards modernization of existing products and redevelopment 2. Funding working capital requirements of our Company; and 3. Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes

IPO FAQs

The Srit India Ltd. IPO has a total of ₹153 crore, calculated at the upper end of the .

The Srit India Ltd. IPO is priced at ₹123–130 per share. bids must fall within this , against a of ₹5 per share.

The for the Srit India Ltd. IPO is 115 shares, which is also the minimum order quantity — you have to apply for at least 115 shares, and in multiples of 115 beyond that.

The minimum investment in the Srit India Ltd. IPO is about ₹14,145 — one lot of 115 shares, calculated at the lower end of the .

Bidding at the cut-off or upper price raises the amount blocked in your account.

The Srit India Ltd. opens on 28 Sept 2026 and closes on 30 Sept 2026.

Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.

Srit India Ltd. shares were listed on 6 Oct 2026 on BSE and NSE.

KFIN Technologies Ltd. is the for the Srit India Ltd. IPO.

The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them.

Srit India Ltd. IPO shares are listed on BSE and NSE.

Each Srit India Ltd. share has a of ₹5.

Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.

held 86.55% of Srit India Ltd. before the IPO, which falls to 62.71% after the issue.

1,17,60,000 shares of Srit India Ltd. are being offered to the public in this issue.

The Srit India Ltd. IPO has been subscribed 125.16x overall — 91.84x, 312.99x and 63.70x.

figures update through the issue period until it closes.

  1. 1.Funding of capital expenditure requirements towards modernization of existing products and redevelopment
  2. 2.Funding working capital requirements of our Company
  3. 3.Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes

Choice Capital Advisors Pvt Ltd is the book running lead manager for the Srit India Ltd. IPO.

Pre-apply means placing your Srit India Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.

Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.

You can apply in the Srit India Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.

Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.

Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.

You can check the Srit India Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.