SRIT India IPO

SRIT India IPO Details

SRIT India IPO is a 100% book-built issue of 1.68 crore equity shares, entirely a fresh issue of shares, with a face value of ₹5 per share. The company filed its DRHP with SEBI on January 29, 2026.

The price band and official dates of subscription and listing will be announced by the company later, but the shares are supposed to be listed on the BSE and the NSE platforms. The book running lead manager (BRLM) of this issue is Choice Capital Advisors Private Ltd., while the registrar to the issue is KFin Technologies Ltd.

SRIT India IPO Date & Timeline

SRIT India Ltd. officially filed its Draft Red Herring Prospectus (DRHP) on January 29, 2026. However, the specific SRIT India IPO date and subscription timeline remain unannounced. Following regulatory approval, the company will finalize the price band and bidding dates. Once cleared, the schedule for anchor allotment, public bidding and the final listing on the exchange will be formally disclosed.

SRIT India IPO GMP (Grey Market Premium)

“Grey Market Premium” or GMP is defined as the rate at which the IPO's shares are traded in the market before they are officially listed on the stock exchange.

The SRIT India IPO GMP is currently trading at ₹[.], reflecting the sentiment of unofficial investors before the official listing. This premium suggests a potential listing price of ₹[.], which is [.]% above the issue price. While the Grey Market Premium is a key indicator of demand and investor appetite, it is important to remember that GMP is highly volatile and should not be the sole factor in your investment decisions.

Company Background

SRIT India Ltd. has a long-standing history in the technology sector, having been originally incorporated on September 9, 1999, as Sobha Renaissance Information Technology Private Limited. Over the years, the organization evolved to reflect its expanding strategic vision, leading to a name change to SRIT India Private Limited in June 2014. To pave the way for its public market debut, the business was converted into a public limited company in May 2025, officially becoming SRIT India Limited. Headquartered at Kundalahalli in Bengaluru, Karnataka, the company has transformed from a private IT enterprise into a comprehensive provider of software and digital transformation services.

Operations & Product Range

The core operational emphasis for SRIT India Ltd. lies in providing state-of-the-art IT modernization services and cutting-edge technology-based solutions. The products of this organization are based on customized software developed by the organization itself. Apart from stand-alone software solutions, the firm offers turnkey projects where it integrates third-party products along with its own software. Some of the key target verticals for SRIT include smart metering, artificial intelligence, data analytics, e-learning, and health technology.

Facilities & Capacity

SRIT India Ltd.'s main offices for business and development are at SRIT House on ITPL Main Road in Bengaluru, Karnataka, where all of the software development, project management and administrative work happens. The business's installed capacity is based on its people, its technical infrastructure and how easily its in-house software platforms can grow. With this listing, the company plan to focus on improving technology and updating digital products so they can handle bigger, more complicated deployments.

Brands & Market Presence

SRIT India Ltd. has established a strong market presence by positioning itself as a reliable partner for digital transformation and enterprise-level IT modernisation. Its brand is recognized for handling complex, large-scale technology deployments in critical sectors such as healthcare, education and public infrastructure. The company's strategic focus on smart metering and AI-driven analytics strengthens its footprint in sectors undergoing rapid technological upgrades, allowing it to compete effectively for major institutional and corporate contracts.

Revenue Streams & Business Model

The major source of income for SRIT India Ltd. is in the licensing and deployment of their own software products, along with the earnings from end-to-end turnkey projects. The turnkey projects comprise revenue from services offered, together with the profit derived from purchasing third-party hardware and software. With a focus on domains such as education technology and healthcare solutions, the business model involves the sale of specific software solutions as well as infrastructural development projects.

Management & Shareholding

The strategic direction and ownership of SRIT India Ltd. are guided by its founding promoter group, including Dr. Nambiar Raghavan Madhusoodan, Prasaktha Vakkiyl Nambiar and Martin Poovakkulam Chacko. Before the IPO, the promoters and promoter group together held 86.55% stakeholding, but after the IPO, the promoter shareholding percentage will be diluted and the existing shareholders will still enjoy their ownership holding, as there is no OFS in this listing.

Board & Key Management

The leadership of SRIT India Ltd. is led by a team of experts with many years of experience. Dr Nambiar Raghavan Madhusoodan serves as the Chairman & Managing Director and gives strategic direction to the firm and the daily operations, along with Whole-Time Directors Prasaktha Vakkiyl Nambiar and Martin Poovakkulam Chacko. To ensure good governance, the board includes Independent Directors Karthick Varadarajan, R Thiyagarajan, Thiruvengadam Ashok and Suresh Balachandran Menon for honest oversight. Together, this team uses its knowledge to help the company grow and stay successful.