28/09/2026
π’ IPO ALERT: SRIT India Limited
Digital platforms for government healthcare, e-governance and broadband, a Bengaluru IT services company files for public listing.
Issue Size: βΉ218 Cr
IPO Opens: 28 Sep
IPO Closes: 30 Sep
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WHO IS SRIT INDIA?
Incorporated in 1999 and headquartered in Bengaluru, Karnataka, SRIT India Limited is an IT and IT-enabled services company that designs, implements and operates digital platforms for government bodies and enterprises in India and select overseas markets. It has a track record of 26 years.
Portfolio and Reach:
Verticals: Healthcare | Electronic governance | Telecommunications and broadband
Track Record: Over 103 projects in the last decade, total order value βΉ12,347.16 Mn
Healthcare Scale: State-wide e-health platforms used by approximately 2,224 hospitals | Centrally hosted health and insurance system
Other Projects: Automated traffic enforcement across 14 district control rooms | State-wide optical fibre network
International: National Health Insurance System implementation through its Qatar branch
Appraisals: CMMI Level 5 | SSE-CMM | ISO 27034-1:2011 | ISO/IEC 27001:2022 | ISO 45001:2018
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FINANCIAL HIGHLIGHTS
(Restated Β· FY2026, March 31, 2026)
EBITDA Margin (FY26): 12.79%
PAT Margin (FY26): 8.63%
EBITDA:
FY24: βΉ225.05 Mn
FY25: βΉ409.85 Mn
FY26: βΉ498.09 Mn
PAT:
FY24: βΉ150.41 Mn
FY25: βΉ290.76 Mn
FY26: βΉ336.04 Mn
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IPO LOT SIZE
Investors can bid for a minimum of 115 shares & in multiples thereof.
Retail (Min): 1 Lot | 115 Shares | βΉ14,950
Retail (Max): 13 Lots | 1495 Shares | βΉ1,94,350
S-HNI (Min): 14 Lots | 1610 Shares | βΉ2,09,300
S-HNI (Max): 66 Lots | 7590 Shares | βΉ9,86,700
B-HNI (Min): 67 Lots | 7705 Shares | βΉ10,01,650
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COMPANY FINANCIALS
(Restated Consolidated, Amount in βΉ Crore)
Period Ended: Mar 2026 | Mar 2025 | Mar 2024
Assets: 614.16 | 496.64 | 428.96
Total Income: 462.54 | 400.50 | 282.22
Profit After Tax: 43.29 | 33.60 | 29.08
EBITDA: 64.77 | 49.81 | 40.99
Net Worth: 193.27 | 93.17 | 80.47
Reserves and Surplus: 169.54 | 72.93 | 53.52
Total Borrowing: 36.15 | 51.30 | 22.28
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KEY PERFORMANCE INDICATORS
(Mar 2026)
ROE: 30.23%
ROCE: 28.79%
Debt/Equity: 0.23
RoNW: 30.23%
PAT Margin: 9.62%
EBITDA Margin: 14.39%
NAV: 40.71
Price to Book Value: 3.19
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IPO DETAILS
IPO Date: 28 to 30 Sep, 2026
Listing Date: Tue, Oct 6, 2026
Face Value: βΉ5 per share
Price Band: βΉ123 to βΉ130
Lot Size: 115 Shares
Sale Type: Fresh capital only
Issue Type: Bookbuilding IPO
Listing At: BSE, NSE
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Source: Chittorgarh
Jainam Broking Limited | INZ000198735 | INH000006448 | INP000006785
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