SRIT India IPO
Market Sentiment
IPO Details
Day-wise Subscription (times subscribed)
Market Lot Size
IPO Reservation
Financial Analysis
Financial Data
Financial Performance
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | 282.22 | 400.50 | 462.54 |
| Expense | 243.88 | 354.31 | 407.59 |
| Profit (PAT) | 29.08 | 33.60 | 43.29 |
| Total Assets | 428.96 | 496.64 | 614.16 |
Peer Comparison
| Company | EPS | P/E | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Mastek Limited | 130.45 | 12.59 | 14.81 | 965.11 | 36,987.50 Cr |
| Railtel Corporation of India Limited | 10.79 | 24.03 | 16.25 | 70.47 | 42,774.80 Cr |
| Protean eGov Technologies Ltd | 24.70 | 19.80 | 9.69 | 265.23 | 9,977.50 Cr |
| Allied Digital Services Limited | 6.30 | 15.52 | 5.85 | 21.71 | 9,679.10 Cr |
| Aurionpro Solutions Limited | 38.90 | 18.62 | 13.06 | 322.90 | 14,110.85 Cr |
Strengths & Risks
- Heavily oversubscribed — 125.2x overall (final).
- Strong institutional (QIB) demand — 91.8x.
- Revenue grew 15% in the latest reported year.
- Solid profit margin — 9.4%.
- Strong return on equity — 30%.
Our data checks haven't flagged a specific concern for SRIT India — but that isn't a clean bill of health. Read the risk-factors section of the RHP, which lists company-specific risks our data can't capture.
Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.
Company Information
About SRIT India
SRIT India, founded in September 1999, is an IT and IT-enabled Services (IT/ITeS) solutions firm that offers digital solutions, custom application development, and system integration services. The firm has over 26 years of experience in designing, implementing, and operating digital platforms for government entities and organizations in India as well as international markets. The service offering includes healthcare information systems, digital health platforms, e-governance solutions, cybersecurity, enterprise software, networking, connectivity, fibre optic infrastructure, system integration, automation, and managed services. In the last 10 years, SRIT India has executed more than 103 projects for government and enterprise customers. Its projects consist of healthcare platforms, nationwide banking connectivity, state-wide fibre networks, AI-driven traffic management, and power transformer monitoring solutions.
Company Contact Information
SRIT India Ltd., SRIT House, #113/1B,, ITPL Main Road, Kundalahalli, Bengaluru, Karnataka, 560037
Objects of the Issue
| Purpose | Amount (Cr) |
|---|---|
| Funding of capital expenditure requirements towards modernization of existing products and redevelopment | 15.36 |
| Funding working capital requirements of our Company | 124.00 |
| Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes | - |
Resources & Documents
Anchor Investors
SRIT India IPO - Quick Take
SRIT India has set a price band of Rs 123–Rs 130 per share for an issue size of Rs 218 crore. The stock listed with a 7.54% gain versus its issue price on October 06, 2026.
The issue is promoted by Nambiar Raghavan Madhusoodan, Prasaktha Vakkiyl Nambiar and Martin Poovakkulam Chacko with Choice Capital Advisors Pvt.Ltd. acting as lead manager. Net proceeds will primarily be used towards funding of capital expenditure requirements towards modernization of existing products and redevelopment (Rs 15 crore) and funding working capital requirements of our Company (Rs 124 crore).
On fundamentals, the company is posting revenue growth of 15.5%, a profit margin of 9.4%, return on equity of 30.2% in its most recent reported period. Listed peers in this segment include Mastek Limited (P/E 12.59x) and Railtel Corporation of India Limited (P/E 24.03x) — useful reference points when evaluating the issue's pricing relative to where the broader sector is trading.
On our data-signal score, the combined signals for this issue currently read very strong — GMP, subscription demand and fundamentals are all reading positively. This is a summary of public data, not a recommendation to apply or skip. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Frequently Asked Questions
SRIT India IPO GMP — What It Means
GMP stops mattering once the shares trade — it only ever estimated the listing price. The summary at the top of this page compares the last pre-listing GMP with how the shares actually listed. Its last GMP before listing was 47.7%. Of the 23 Mainboard IPOs we have tracked with a final GMP of 25% or more, 23 listed above, 0 flat and 0 below the issue price; SRIT India listed 7.5% above its issue price.
See the full SRIT India GMP history and trend, or learn how grey market premium works and how reliable it is.
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