SRIT India IPO Listing: Shares List At A Premium Of Over 13% On The NSE After A Strong Demand During Bidding
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SRIT India’s shares are listed at a premium of over 13% to the issue price on the NSE. The issue was oversubscribed by 125.16 times overall and 63.70 times in the retail category.
Shares of SRIT India Limited began trading on the domestic stock exchanges on a strong note on Tuesday. The stock opened at ₹148.00 apiece on the National Stock Exchange (NSE), a premium of 13.85%. On the Bombay Stock Exchange (BSE), it opened at ₹139.80 apiece, translating into a premium of 7.54%. The issue price was fixed at ₹130 per share at the upper end of the price band.
SRIT India IPO And Subscription Details
The ₹218.40-crore SRIT India’s initial public offering (IPO) opened for subscription on 28 September 2026 and closed on 30 September. The mainboard IPO received an overwhelming response from investors during the bidding period, with the overall subscription reaching 125.16 times. The IPO price band was fixed at ₹123–130 per share.
The non-institutional investor (NII) quota received the maximum subscription, with the reserved portion getting subscribed by over 312.99 times. The qualified institutional buyer (QIB) category was subscribed by 91.84 times, whereas the retail portion was subscribed by 63.70 times.
The IPO comprised a fresh issue of 1.68 crore equity shares. There was no offer-for-sale (OFS) component.
About SRIT India Ltd
SRIT India Limited provides information technology (IT)-enabled services and solutions to its clients. The company’s product portfolio includes digital solutions, custom application development and system integration services. It has its headquarters in Bengaluru and has been operational for more than two decades. The company’s client base comprises reputed government and private entities across the domestic and international markets.
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This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
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