Open a Free Demat Account !
₹0 AMC & Account Opening Fee
Open a Free Demat Account !
₹0 AMC & Account Opening Fee
Srit India Limited
Minimum investment
Bidding date
28 Sep - 30 Sep 2026
Price range
₹123 - ₹130
Minimum quantity
115
Minimum investment
₹14,145
Issue size
₹218 Cr.
IPO doc (link)
RHP docsListing exchange
NSE/BSE
Total Issue Size:
₹218 Crore
Fresh Issue: 100% (₹218 Cr)
OFS: 0% (₹0 Cr)
Fresh Issue – ₹218 Crore
Offer for Sale – ₹0 Crore
Before Issue: 84.91%
After Issue: 62.71%
Lock-in / Stabilization | Timeline |
|---|---|
Promoters’ Minimum Contribution – 20% | 18 Months |
Promoters’ Holding Above 20% | 6 Months |
Other Pre-Issue Equity Share Capital | 6 Months |
Anchor Investors – 50% Shares | 30 Days |
Anchor Investors – Remaining 50% Shares | 90 Days |
Note: Retail IPO investors have no lock-in and can sell shares from the listing day.
Category | Subscription |
|---|---|
Qualified Institutional Buyers | - |
Retail Individual Investor | 1.12x |
Non-Institutional Investor | 0.48x |
Others | - |
Total | 0.66x |
SRIT India Limited, incorporated in September 1999 and headquartered in Bengaluru, is an Information Technology and IT-enabled Services company that provides digital solutions, custom application development and system integration services. With more than two decades of industry experience, the company works with government organisations and enterprises across India as well as selected international markets. Its business operations are spread across healthcare, electronic governance, and telecommunications and broadband, covering areas such as digital health platforms, healthcare information systems, e-governance solutions, cybersecurity, enterprise software, networking, connectivity, fibre optic infrastructure, automation, system integration and managed services.
The company has built an established project execution track record, having completed more than 103 projects during the last decade with an aggregate order value of approximately Rs. 12,347.16 million. Its project portfolio includes healthcare technology platforms, banking connectivity, state-wide fibre networks, AI-based traffic management and power transformer monitoring solutions. SRIT India also operates internationally through its Qatar operations and has expanded its capabilities into AI-enabled solutions across its major business verticals.
SRIT India's delivery processes are appraised at CMMI Level 5 and SSE-CMM and the company holds certifications including ISO 27034-1:2011, ISO/IEC 27001:2022 and ISO 45001:2018. The company reported revenue from operations of Rs. 449.99 crore in FY2026, compared with Rs. 389.35 crore in FY2025, while profit after tax increased from Rs. 33.60 crore to Rs. 43.29 crore during the same period. As of June 30, 2026, the company had 177 permanent employees, 7 contract-specific employees and 107 consultants supporting its technology development, project execution, operations and service delivery functions.
Established Industry Presence: SRIT India has been operating since 1999 and has built more than two decades of experience in IT and IT-enabled services. Its long operating history provides an established base in technology implementation and digital solutions.
Diversified Business Verticals: The company operates across healthcare, electronic governance, and telecommunications and broadband. Its services cover several technology requirements, including digital platforms, cybersecurity, networking, connectivity, system integration and managed services.
Government and Enterprise Project Experience: SRIT India has executed more than 103 projects over the last decade for government and enterprise customers. Its experience includes projects involving healthcare, banking connectivity, fibre networks, traffic management and infrastructure monitoring.
AI and Technology Capabilities: The company has started developing AI-enabled solutions across its key verticals. This provides an opportunity to expand its technology offerings as organisations increasingly adopt artificial intelligence and digital transformation solutions.
Financial Growth: The company's total income increased from Rs. 400.50 crore in FY2025 to Rs. 462.54 crore in FY2026. During the same period, PAT increased from Rs. 33.60 crore to Rs. 43.29 crore, indicating growth in both revenue and profitability.
Dependence on Project-Based Business: A significant part of the company's operations involves government and enterprise projects. Changes in project awards, execution timelines, customer requirements or contract renewals could affect business performance.
Working Capital Requirement: A substantial portion of the IPO proceeds is proposed to be allocated towards working capital requirements. This indicates that efficient management of receivables, project cycles and operational cash flows will remain important for the company's business.
Competitive Technology Industry: SRIT India operates in the IT, digital solutions, system integration and technology services sectors, where it faces competition from other technology service providers. Changes in technology and customer preferences may require continuous investment in capabilities.
Execution Risk in Large Projects: The company's business includes complex technology and infrastructure projects. Delays, cost overruns, technical issues or challenges in project execution could affect revenue, margins and profitability.
Unidentified Acquisition Plans: Part of the proposed IPO proceeds may be used for unidentified acquisitions and other strategic initiatives. Since specific acquisition targets and terms may not yet be determined, the eventual outcome of such investments may vary.
462.54 Cr.
Mar'26
43.29 Cr.
Mar'26
64.77 Cr.
Mar'26
57 investors voted
Open Rupeezy account now. It is 100% free and secure.
Active IPOs | |
|---|---|
Company name | Bid starts |
A One Steels India | 24-09-2026 |
Moneyview | 24-09-2026 |
Acevector | 25-09-2026 |
German Green Steel And Power | 25-09-2026 |
Orient Cables India | 25-09-2026 |
Runwal Enterprises | 25-09-2026 |
Shah Investors Home | 28-09-2026 |
Srit India | 28-09-2026 |
Green Asia Impex | 24-09-2026 |
Bench Mark Infotech Services | 25-09-2026 |
Himalayan Solar | 25-09-2026 |