SRIT India IPO Day 1: Subscription Opens Today, 28 September 2026
- September 28, 2026
- Posted by: Harsh Piplani
- Category: IPO
SRIT India IPO opens today, 28 Sep 2026, closes 30 Sep 2026. Price band Rs 123-130. Lot size 115 shares. Raising Rs 218.40cr, lists 6 Oct.
Quick Answer
The SRIT India IPO opens for subscription today, 28 September 2026, and will remain open until 30 September 2026. SRIT India Limited is a Bengaluru-based IT and IT-enabled services company offering digital solutions, custom application development and system integration across healthcare, e-governance, and telecom and broadband, and is raising about Rs 218.40 crore entirely through a fresh issue. The price band is set at Rs 123 to Rs 130 per share, with a lot size of 115 shares, and the shares are proposed to list on both NSE and BSE. Since bidding has only just opened, subscription figures will start reflecting real demand as the days progress, so investors should track the live numbers through the session before deciding.
SRIT India Limited has opened its IPO for subscription today, 28 September 2026. The SRIT India IPO is a mainboard, book built issue worth about Rs 218.40 crore, comprising entirely a fresh issue of 1.68 crore shares with no offer for sale component, and will remain open for bidding until 30 September 2026. The equity shares are proposed to be listed on both NSE and BSE.
The company provides digital solutions, custom application development and system integration services, and operates across three key verticals: healthcare, e-governance, and telecommunications and broadband, with over two decades of operating experience. The net proceeds of the SRIT India IPO are earmarked primarily for capital expenditure and working capital requirements.
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SRIT India IPO Details
The table below sets out the key parameters of the issue, including the price band, lot size and important dates.
| Open Date | 28 September 2026 |
| Close Date | 30 September 2026 |
| Face Value | Rs 5 per share |
| Price Band | Rs 123 to Rs 130 per share |
| Lot Size | 115 shares |
| Issue Size | Rs 218.40 crore (entirely fresh issue) |
| Issue Type | Book Built Issue |
| Listing At | NSE and BSE |
| Allotment Date | 1 October 2026 |
| Listing Date | 6 October 2026 |
SRIT India IPO Quick Facts
| Particulars | Snapshot |
|---|---|
| Minimum retail investment | Rs 14,950 (1 lot, 115 shares) |
| Registrar | KFin Technologies Ltd |
| Lead Manager | Choice Capital Advisors Pvt Ltd |
This snapshot is meant as a quick reference alongside the fuller details table above, so investors scanning the issue on mobile can find the essentials without scrolling through the whole page.
SRIT India IPO Share Reservation
The issue follows the standard SEBI reservation framework for a book built mainboard issue, with allocations for qualified institutional buyers, non-institutional investors and retail individual investors.
SRIT India IPO Subscription Status Day 1
Bidding for the issue has opened today, 28 September 2026, so the category wise numbers below will fill in as the session progresses. QIB and larger HNI bids typically build closer to the final day of a book built mainboard issue.
| Investor Category | Subscription Status, Day 1 (28 Sep) |
|---|---|
| Qualified Institutional Buyers (QIB) | Bidding just opened, updating through the session |
| Non-Institutional Investors (NII) | Bidding just opened, updating through the session |
| Retail Individual Investors | Bidding just opened, updating through the session |
| Overall | Bidding just opened, updating through the session |
Track Subscription Status for the issue on the Univest Screener
How to Apply for the SRIT India IPO
- Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
- Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 123 to Rs 130 band, in multiples of 115 shares.
- Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
- Approve the UPI mandate on your phone before the daily cut off time, and remember the issue closes on 30 September.
Download the Univest iOS App or Univest Android App to apply for the issue on its opening day.
Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
About SRIT India Limited
SRIT India Limited is a Bengaluru-based IT and IT-enabled services provider offering digital solutions, custom application development and system integration services across healthcare, e-governance, and telecommunications and broadband, ahead of the issue.
Conclusion
The issue has opened for bidding today, 28 September 2026, giving investors exposure to a Bengaluru-based IT services business with a government and telecom-linked client mix. Investors considering the issue should study the company financials and risk factors in the RHP on nseindia.com and bseindia.com, and apply only after independent due diligence.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
What is the SRIT India IPO subscription status on Day 1?
Ans. The issue opened for bidding today, 28 September 2026, so Day 1 category wise figures are still filling in through the trading session. Investors can track the live numbers on NSE and BSE as the day progresses.
When does the SRIT India IPO open and close?
Ans. The issue opened for subscription today, 28 September 2026, and will close on 30 September 2026.
What is the SRIT India IPO price band and lot size?
Ans. The issue price band is Rs 123 to Rs 130 per share, with a lot size of 115 shares, taking the minimum retail investment to about Rs 14,950 at the upper price band.
What is the issue size and structure of the SRIT India IPO?
Ans. The issue is entirely a fresh issue worth about Rs 218.40 crore, comprising 1.68 crore equity shares, with no offer for sale component.
What is the SRIT India IPO GMP?
Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision, especially this early in the bidding window.
How do I apply for the SRIT India IPO?
Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, enter your bid quantity and price within the Rs 123 to Rs 130 band, in multiples of 115 shares, then approving the UPI mandate before the daily cut off.
When will the SRIT India IPO be allotted and listed?
Ans. The issue allotment is expected to be finalised on 1 October 2026, and the shares are tentatively scheduled to list on both NSE and BSE on 6 October 2026.
What does SRIT India Limited do?
Ans. SRIT India Limited is a Bengaluru-based IT and IT-enabled services company offering digital solutions, custom application development and system integration services across healthcare, e-governance, and telecom and broadband verticals.
How will SRIT India use the IPO proceeds?
Ans. SRIT India plans to use the net proceeds of the fresh issue primarily for capital expenditure and working capital requirements.
Who are the registrar and lead manager for the SRIT India IPO?
Ans. KFin Technologies Ltd is the registrar for the issue, and Choice Capital Advisors Pvt Ltd is the book running lead manager for the issue.
