SRIT India IPO Day 2: Subscription Status on 29 September 2026
- September 29, 2026
- Posted by: Harsh Piplani
- Category: IPO
SRIT India IPO Day 2, 29 Sep 2026. Subscribed 1.00x at Day 1 close: Retail 1.61x, NII 0.90x, QIB 0.00x. Price band Rs 123-130. Closes 30 Sep.
Quick Answer
The SRIT India IPO is on Day 2 of bidding on 29 September 2026, after a fully subscribed opening day. The SRIT India IPO closed Day 1 subscribed 1.00 times overall, with retail at 1.61 times and NII at 0.90 times while QIB, excluding anchors, had placed almost no bids. Bidding remains open until 30 September 2026, and investors should track the live category wise numbers on NSE and BSE through the day.
The SRIT India IPO has entered Day 2 of its bidding window, which opened on 28 September 2026 and closes on 30 September 2026. SRIT India Limited, a Bengaluru-based IT and IT-enabled services company, is raising about Rs 218.40 crore entirely through a fresh issue, and the shares are proposed to list on both NSE and BSE. The latest full session data available is the Day 1 close of 28 September 2026.
Day 1 bidding for the issue closed with the issue subscribed 1.00 times overall, driven by retail at 1.61 times, while QIB, excluding anchors, had placed only a token bid. With half the issue reserved for QIBs and two sessions left before the 30 September close, institutional demand will decide the final figure.
Click Here – Get Free Investment Predictions
SRIT India IPO Details
The table below sets out the key parameters of the issue.
| 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 Subscription Status Day 2
Bidding for the issue is updated through the trading session on NSE and BSE. The table below shows the position at the close of Day 1 along with the figure recorded so far on Day 2.
| Investor Category | Subscription at Day 1 Close (28 Sep, 5 PM) | Subscription So Far (Day 2, 29 Sep) |
|---|---|---|
| Qualified Institutional Buyers (QIB) | 0.00 times | Updating |
| Non-Institutional Investors (NII) | 0.90 times | Updating |
| Retail Individual Investors | 1.61 times | Updating |
| Overall | 1.00 times | Updating through the session |
Retail led the issue through Day 1, while the QIB book, excluding anchors, has almost everything left to build. Investors should treat the Day 2 figures as provisional since bidding remains open until the 30 September close.
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, keeping in mind the issue closes on 30 September.
Download the Univest iOS App or Univest Android App to apply for the issue before the 30 September close.
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.
Conclusion
The issue reached full subscription on Day 1 on the back of retail demand, with the QIB portion still to build before the 30 September close. Investors considering the issue should review 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 2?
Ans. The issue closed Day 1 subscribed 1.00 times overall, with retail at 1.61 times and NII at 0.90 times while QIB, excluding anchors, had placed almost no bids, and figures for Day 2, 29 September 2026, are updating through today’s session on NSE and BSE.
When does the SRIT India IPO close?
Ans. The issue closes for subscription on 30 September 2026, having opened on 28 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.
Which category led the SRIT India IPO on Day 1?
Ans. Retail investors led the issue on Day 1 at 1.61 times, ahead of NII at 0.90 times, while QIB, excluding anchors, had placed almost no bids.
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.
How do I apply for the SRIT India IPO before it closes?
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, with listing on both NSE and BSE tentatively scheduled for 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.
