SRIT India Limited IPO Summary & Complete Information

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”).

https://www.sebi.gov.in/filings/public-issues/feb-2026/srit-india-limited-drhp_99558.html

IPO Summary & Complete Information

The initial public offering (IPO) parameters for SRIT India Limited have been finalized. The subscription opens on 28 September 2026 and closes on 30 September 2026. The total issue size is ₹218.40 Crore, consisting entirely of a Fresh Issue of 1.68 Crore equity shares.

1. Key Offer Highlights & Important Timetable

2. Category Bidding & Investment Amounts

Retail individual investors can bid for a minimum of 1 lot (115 shares) requiring an investment of ₹14,950 at the upper price band cap of ₹130 per share.

3. Share Quota Reservation Structure

• Qualified Institutional Buyers (QIB): Not more than 50% of the Net Issue

• Retail Individual Investors (RII): Not less than 35% of the Net Issue

• Non-Institutional Investors (NII/HNI): Not less than 15% of the Net Issue

4. Corporate Overview & Operations

Headquartered in Bengaluru, SRIT India Limited is an established Information Technology and IT-enabled Services (IT/ITeS) solutions provider founded in 1999. The company specializes in digital transformation, custom software application development, and systems integration services.

• Principal Verticals: Operations are divided into three primary domain verticals:

  1. Healthcare: Health Management Information Systems (HMIS), e-Prescription platforms, and supply management platforms.

  2. Electronic Governance (e-Gov): AI-enabled public safety, transport automation, and end-to-end computerization for state-owned corporations.

  3. Telecommunications & Broadband: Digital infrastructure platforms and customized integration solutions.

• Track Record & Order Book: As of September 30, 2025, the company maintained an outstanding order book of ₹1,280.62 Crore. Over the last decade, it has completed 103+ projects with a cumulative order value of ₹1,234.72 Crore.

• Client Base: Serves central and state government departments, public sector entities, and private sector enterprises.

5. Financial Highlights (Restated Consolidated)

Amounts in ₹ Crore:

Key Valuation Metrics & Ratios:

• Post-Issue Market Capitalization: ₹835.53 Crore (at upper cap of ₹130)

• Post-Issue P/E Ratio: ~20.97x

• Return on Net Worth (RoNW): 30.23%

• Price to Book Value (P/B): 3.19x

6. Utilization of Issue Proceeds

The net proceeds from the ₹218.40 Crore fresh issue will be utilized as follows:

1. Product Modernization (₹15.36 Cr): Capital expenditure for upgrading and re-engineering existing software products.

2. Working Capital Requirements (₹124.00 Cr): Funding operational working capital requirements.

3. Strategic Initiatives & Corporate Expansion: Inorganic acquisitions, strategic partnerships, and general corporate purposes.

7. Lead Managers & Registrar Details

• Book Running Lead Manager: Choice Capital Advisors Private Limited

• Registrar of the Issue: KFin Technologies Limited

  • Phone: 040-79615565

  • Email: compliance.corp@kfintech.com

Step-by-Step Guide to Apply via UPI Broker Apps (e.g., Zerodha)

1. Login: Access your broker application (Zerodha, Groww, AngelOne, etc.) and open the IPO section.

2. Select Issue: Click on SRIT India IPO and select Apply / Bid.

3. Enter UPI Details: Provide your registered UPI ID (e.g., @upi, @okaxis, @ybl).

4. Specify Lots: Select 1 Lot (115 shares) and mark the Cut-off Price box (₹130).

5. Approve Mandate: Submit the application form and accept the UPI auto-debit request in your payment app before 5:00 PM on September 30, 2026.