Minimum Investment
About Company
Company Name: SRIT India Limited
Industry / Sector: IT & ITeS Solutions / Digital Transformation
Founded Year: September 1999
Promoters: Nambiar Raghavan Madhusoodan, Prasaktha Vakkiyl Nambiar, Martin Poovakkulam Chacko
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. 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. 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. 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. As of June 30, 2026, the Company had 177 permanent employees, 7 contract-specific employees and 107 consultants.
IPO Basic Details
| Company Name | SRIT India Limited |
| IPO Type | Mainboard IPO |
| Price Band | ₹123 – ₹130 |
| Lot Size | 115 Shares |
| Total Issue Size | 1,68,00,000 Equity Shares (₹218.40 Cr) |
IPO Strengths & Risks
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
Risks
- Dependence on government and public sector projects
- Geographical concentration risk
- Competition from other IT/ITeS providers
- Technology obsolescence risk
- Working capital intensive business model
IPO Important Dates
| IPO Open Date | 28 Sep 2026 |
| IPO Close Date | 30 Sep 2026 |
| Basis of Allotment | 01 Oct 2026 |
| Refund Initiation | 05 Oct 2026 |
| Demat Credit Date | 05 Oct 2026 |
| Listing Date | 06 Oct 2026 |
| Anchor Investor Date | - |
| UPI Mandate Deadline | - |
IPO Objectives
- Capital expenditure for machinery and equipment – -
- Funding working capital requirements – -
- Debt repayment – -
- General corporate purposes – -
Investor Reservation
| QIB Quota | Not more than 50% of the Net Issue |
| Retail Quota | Not less than 35% of the Net Issue |
| HNI Quota | - |
| Employee Quota | - |
| Shareholder Quota | - |
| Anchor Investor Allocation | - |
Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | 115 | ₹14,950 |
| Retail Maximum | 13 Lots | 1495 | ₹1,94,350 |
| S-HNI Minimum | 14 Lots | 1610 | ₹2,09,300 |
| S-HNI Maximum | 66 Lots | 7590 | ₹9,86,700 |
| B-HNI Minimum | 67 Lots | 7705 | ₹10,01,650 |
Key Performance Indicators (KPI)
| ROE | 30.23% |
| ROCE | 28.79% |
| RoNW | - |
| PAT Margin | 9.62% |
| EBITDA Margin | 14.39% |
| EPS | ₹9.12 (Pre-IPO), ₹6.74 (Post-IPO) |
| NAV per share | - |
| Debt to Equity | 0.23 |
| P/E Ratio | - |
| Industry P/E | - |
Company Financial Data
| Period | Assets | Total Income | PAT | EBITDA | Net Worth | Borrowings |
|---|---|---|---|---|---|---|
| FY2026 | ₹614.16 Cr | ₹462.54 Cr | ₹43.29 Cr | ₹64.77 Cr | ₹193.27 Cr | ₹36.15 Cr |
| FY2025 | ₹496.64 Cr | ₹400.50 Cr | ₹33.60 Cr | ₹49.81 Cr | ₹93.17 Cr | ₹51.30 Cr |
| FY2024 | ₹428.96 Cr | ₹282.22 Cr | ₹29.08 Cr | ₹40.99 Cr | ₹80.47 Cr | ₹22.28 Cr |
Grey Market Premium
| GMP Price | Not Available |
| Kostak Rate | Not Available |
| Subject to Sauda | Not Available |
| Last Updated | Not Available |
| Estimated Listing Price | TBA |
IPO Subscription Data
| Total Subscription | Pending |
| QIB (Ex Anchor) | Pending |
| HNI Subscription | Pending |
| Retail Subscription | Pending |
| Anchor | - |
IPO Intermediaries
Registrar: Kfin Technologies Ltd.
Registrar Website: Not explicitly stated in the source
IPO Lead Manager(s)
Company Information
Address: SRIT House, #113/1B, ITPL Main Road, Kundalahalli, Bengaluru, Karnataka - 560037
Website: https://www.sritindia.com
Email: cs.nidhi@sritindia.com
Phone: +91-80419 51999
IPO Documents
Frequently Asked Questions (FAQ)
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