{"id":275689,"date":"2026-09-29T00:38:47","date_gmt":"2026-09-28T19:08:47","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=275689"},"modified":"2026-09-29T00:38:47","modified_gmt":"2026-09-28T19:08:47","slug":"srit-india-initial-public-offering-day-2-subscription-28-september-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/srit-india-initial-public-offering-day-2-subscription-28-september-2026\/","title":{"rendered":"SRIT India IPO Day 2: Subscription Status on 29 September 2026"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>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.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">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.<\/p>\n<\/p><\/div>\n<p>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.<\/p>\n<p>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.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=srit-india-ipo-day2\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/srit-india-initial-public-offering-day-2-subscription-28-september-2026\/#SRIT_India_IPO_Details\" title=\"SRIT India IPO Details\">SRIT India IPO Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/srit-india-initial-public-offering-day-2-subscription-28-september-2026\/#SRIT_India_IPO_Subscription_Status_Day_2\" title=\"SRIT India IPO Subscription Status Day 2\">SRIT India IPO Subscription Status Day 2<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/srit-india-initial-public-offering-day-2-subscription-28-september-2026\/#How_to_Apply_for_the_SRIT_India_IPO\" title=\"How to Apply for the SRIT India IPO\">How to Apply for the SRIT India IPO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/srit-india-initial-public-offering-day-2-subscription-28-september-2026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/srit-india-initial-public-offering-day-2-subscription-28-september-2026\/#FAQs\" title=\"FAQs\">FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/srit-india-initial-public-offering-day-2-subscription-28-september-2026\/#What_is_the_SRIT_India_IPO_subscription_status_on_Day_2\" title=\"What is the SRIT India IPO subscription status on Day 2?\">What is the SRIT India IPO subscription status on Day 2?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/srit-india-initial-public-offering-day-2-subscription-28-september-2026\/#When_does_the_SRIT_India_IPO_close\" title=\"When does the SRIT India IPO close?\">When does the SRIT India IPO close?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/srit-india-initial-public-offering-day-2-subscription-28-september-2026\/#What_is_the_SRIT_India_IPO_price_band_and_lot_size\" title=\"What is the SRIT India IPO price band and lot size?\">What is the SRIT India IPO price band and lot size?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/srit-india-initial-public-offering-day-2-subscription-28-september-2026\/#Which_category_led_the_SRIT_India_IPO_on_Day_1\" title=\"Which category led the SRIT India IPO on Day 1?\">Which category led the SRIT India IPO on Day 1?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/srit-india-initial-public-offering-day-2-subscription-28-september-2026\/#What_is_the_SRIT_India_IPO_GMP\" title=\"What is the SRIT India IPO GMP?\">What is the SRIT India IPO GMP?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/srit-india-initial-public-offering-day-2-subscription-28-september-2026\/#How_do_I_apply_for_the_SRIT_India_IPO_before_it_closes\" title=\"How do I apply for the SRIT India IPO before it closes?\">How do I apply for the SRIT India IPO before it closes?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/srit-india-initial-public-offering-day-2-subscription-28-september-2026\/#When_will_the_SRIT_India_IPO_be_allotted_and_listed\" title=\"When will the SRIT India IPO be allotted and listed?\">When will the SRIT India IPO be allotted and listed?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/srit-india-initial-public-offering-day-2-subscription-28-september-2026\/#What_does_SRIT_India_Limited_do\" title=\"What does SRIT India Limited do?\">What does SRIT India Limited do?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"SRIT_India_IPO_Details\"><\/span><strong>SRIT India IPO Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets out the key parameters of the issue.<\/p>\n<table border=\"1\" cellpadding=\"6\" cellspacing=\"0\">\n<tr>\n<td><strong>Open Date<\/strong><\/td>\n<td>28 September 2026<\/td>\n<\/tr>\n<tr>\n<td><strong>Close Date<\/strong><\/td>\n<td>30 September 2026<\/td>\n<\/tr>\n<tr>\n<td><strong>Face Value<\/strong><\/td>\n<td>Rs 5 per share<\/td>\n<\/tr>\n<tr>\n<td><strong>Price Band<\/strong><\/td>\n<td>Rs 123 to Rs 130 per share<\/td>\n<\/tr>\n<tr>\n<td><strong>Lot Size<\/strong><\/td>\n<td>115 shares<\/td>\n<\/tr>\n<tr>\n<td><strong>Issue Size<\/strong><\/td>\n<td>Rs 218.40 crore (entirely fresh issue)<\/td>\n<\/tr>\n<tr>\n<td><strong>Issue Type<\/strong><\/td>\n<td>Book Built Issue<\/td>\n<\/tr>\n<tr>\n<td><strong>Listing At<\/strong><\/td>\n<td>NSE and BSE<\/td>\n<\/tr>\n<tr>\n<td><strong>Allotment Date<\/strong><\/td>\n<td>1 October 2026<\/td>\n<\/tr>\n<tr>\n<td><strong>Listing Date<\/strong><\/td>\n<td>6 October 2026<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"SRIT_India_IPO_Subscription_Status_Day_2\"><\/span><strong>SRIT India IPO Subscription Status Day 2<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>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.<\/p>\n<table border=\"1\" cellpadding=\"6\" cellspacing=\"0\">\n<tr>\n<th>Investor Category<\/th>\n<th>Subscription at Day 1 Close (28 Sep, 5 PM)<\/th>\n<th>Subscription So Far (Day 2, 29 Sep)<\/th>\n<\/tr>\n<tr>\n<td>Qualified Institutional Buyers (QIB)<\/td>\n<td>0.00 times<\/td>\n<td>Updating<\/td>\n<\/tr>\n<tr>\n<td>Non-Institutional Investors (NII)<\/td>\n<td>0.90 times<\/td>\n<td>Updating<\/td>\n<\/tr>\n<tr>\n<td>Retail Individual Investors<\/td>\n<td>1.61 times<\/td>\n<td>Updating<\/td>\n<\/tr>\n<tr>\n<td><strong>Overall<\/strong><\/td>\n<td><strong>1.00 times<\/strong><\/td>\n<td><strong>Updating through the session<\/strong><\/td>\n<\/tr>\n<\/table>\n<p>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.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Track Subscription Status for the issue on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Apply_for_the_SRIT_India_IPO\"><\/span><strong>How to Apply for the SRIT India IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.<\/li>\n<li>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.<\/li>\n<li>Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.<\/li>\n<li>Approve the UPI mandate on your phone before the daily cut off time, keeping in mind the issue closes on 30 September.<\/li>\n<\/ol>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to apply for the issue before the 30 September close.<\/em><\/p>\n<p>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.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>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.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> 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).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_SRIT_India_IPO_subscription_status_on_Day_2\"><\/span><strong>What is the SRIT India IPO subscription status on Day 2?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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&#8217;s session on NSE and BSE.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_does_the_SRIT_India_IPO_close\"><\/span><strong>When does the SRIT India IPO close?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue closes for subscription on 30 September 2026, having opened on 28 September 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_SRIT_India_IPO_price_band_and_lot_size\"><\/span><strong>What is the SRIT India IPO price band and lot size?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_category_led_the_SRIT_India_IPO_on_Day_1\"><\/span><strong>Which category led the SRIT India IPO on Day 1?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_SRIT_India_IPO_GMP\"><\/span><strong>What is the SRIT India IPO GMP?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_do_I_apply_for_the_SRIT_India_IPO_before_it_closes\"><\/span><strong>How do I apply for the SRIT India IPO before it closes?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_will_the_SRIT_India_IPO_be_allotted_and_listed\"><\/span><strong>When will the SRIT India IPO be allotted and listed?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_SRIT_India_Limited_do\"><\/span><strong>What does SRIT India Limited do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the issue subscription status on Day 2?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"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.\"}},{\"@type\":\"Question\",\"name\":\"When does the issue close?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue closes for subscription on 30 September 2026, having opened on 28 September 2026.\"}},{\"@type\":\"Question\",\"name\":\"What is the issue price band and lot size?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"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.\"}},{\"@type\":\"Question\",\"name\":\"Which category led the issue on Day 1?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"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.\"}},{\"@type\":\"Question\",\"name\":\"What is the issue GMP?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. 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Bidding trends, price band and how to apply.\",\"author\":{\"@type\":\"Organization\",\"name\":\"Univest\"},\"publisher\":{\"@type\":\"Organization\",\"name\":\"Univest\"},\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"https:\/\/univest.in\/blogs\/srit-india-initial-public-offering-day-2-subscription-28-september-2026\"}}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SRIT India IPO Day 2 subscription update for 29 September 2026, with bidding trends and how to apply.<\/p>\n","protected":false},"author":29,"featured_media":275688,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1281],"tags":[7520],"class_list":["post-275689","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","tag-srit-india-ipo"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["275688"],"rank_math_title":["SRIT India IPO Day 2 Subscription Status 29 Sep 2026"],"rank_math_description":["SRIT India IPO Day 2 subscription status on 29 September 2026. 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