Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
SRIT India Ltd. has filed a Draft Red Herring Prospectus (DRHP) with SEBI on January 29, 2026 to raise funds through Initial Public Offer (IPO).
SRIT India Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 1.68 crore equity shares.
The equity shares are proposed to be listed on NSE and BSE. Choice Capital Advisors Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to SRIT India IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹5 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 1,68,00,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 1,68,00,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 4,74,71,757 shares |
| Share Holding Post Issue | 6,42,71,757 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Thu, Jan 29, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII Shares Offered | Not less than 15% of the Net Issue |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Up to Rs 5 Lakhs | Yes |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
SRIT India Ltd. is an India-based Information Technology and Information Technology-enabled Services (“IT/ITeS”) company headquartered in Bengaluru, specialising in digital transformation and system automation through bespoke application development and systems integration. Over the past twenty-six years, the company has built deep capabilities in conceptualising, deploying, and managing digital platforms for government organisations and enterprise clients across India and select international markets.
Its business operations are aligned across three principal verticals: (i) Healthcare, (ii) Electronic Governance, and (iii) Telecommunications and Broadband.
Its ongoing and completed engagements include the delivery of AI-enabled solutions for public safety and transportation systems; end-to-end computerisation of core and ancillary operations for a state-owned beverage distribution and retail corporation; and the development, maintenance, and handholding support of multiple digital platforms such as Supply Management Information Systems, Health Management Information Systems, e-Prescription platforms, and online licensing solutions.
As of September 30, 2025, its outstanding order book stood at ₹12,806.21 million. Over the last decade, the company has successfully executed over 103 projects, representing a cumulative order value of ₹12,347.16 million, across the healthcare, electronic governance, and telecommunications and broadband sectors.
The company serves a broad and diversified customer base comprising: (i) government bodies and public sector entities, including Central, State, and local government departments and institutions that procure technology solutions for administrative, infrastructure, and public service delivery purposes (collectively, “Government”); and (ii) private sector businesses and enterprises (collectively, “Enterprises”).
Competitive Strengths:
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 548.05 | 496.64 | 428.96 | 333.41 |
| Total Income | 237.52 | 400.50 | 282.22 | 162.93 |
| Profit After Tax | 19.92 | 33.60 | 29.08 | 15.04 |
| EBITDA | 32.07 | 49.81 | 40.99 | 22.51 |
| NET Worth | 156.18 | 93.17 | 80.47 | 51.30 |
| Reserves and Surplus | 133.17 | 72.93 | 53.52 | 24.35 |
| Total Borrowing | 46.03 | 61.84 | 24.83 | 17.60 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure requirements towards modernization of existing products and redevelopment | 15.36 |
| 2 | Funding working capital requirements of our Company | 124.00 |
| 3 | Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes |
| KPI | Sep 30, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 16.04% | 38.76% |
| ROCE | 16.42% | 37.42% |
| Debt/Equity | 0.29 | 0.66 |
| RoNW | 16.04% | 38.76% |
| PAT Margin | 8.57% | 12.79% |
| EBITDA Margin | 13.79% | 8.63% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 86.55% |
Lead Manager Reports
SRIT India IPO is a main-board IPO of 1,68,00,000 equity shares of the face value of ₹5 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The SRIT India IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in SRIT India IPO using UPI as a payment gateway. Zerodha customers can apply in SRIT India IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in SRIT India IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The SRIT India IPO dates are not announced. Please check back again after some time.
SRIT India IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in SRIT India IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for SRIT India IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the SRIT India IPO allotment status.
The SRIT India IPO listing date is not yet announced. The tentative date of listing is .
