Srit India Limited IPO (SRIT)

Mainboard Equity • Sourced directly from official NSE public-issue disclosures & SEBI Red Herring Prospectus (RHP).

Status
Closed
Issue Type
Mainboard Equity
Price Band
Rs 123 to Rs 130
Issue Size
Rs 52.8 Cr
Retail Lot Size
112 shares (Rs 14,560)
Bidding Opens
28 Sep 2026
Bidding Closes
30 Sep 2026
Listing Date
Not yet listed
RHP & DRHP Analysis

Red Herring Prospectus (RHP) Key Financials & Valuation

Audited financial indicators, issue sizing, and capital allocation as disclosed to SEBI.

Fairly Valued
Total Issue Size
Rs 52.8 Cr
Fresh: 71% | OFS: 29%
Revenue from Operations
Rs 151.0 Cr
+17.0% 3Y CAGR
EBITDA & Margin
Rs 19.6 Cr
13.0% operating margin
Profit After Tax (PAT)
Rs 10.6 Cr
7.0% net margin
P/E Multiple (Upper Price)
29.1x
Industry Median: 31.0x
Return on Net Worth (RoNW)
10.6%
ROCE: 14.0%
Debt to Equity Ratio
0.41x
Borrowings: Rs 40.9 Cr
Promoter Holding
62.4%
Pre-issue: 79.0%

Key Business Strengths (Why to Apply)

  • Consistent revenue expansion with a 3-year historical CAGR of 17.0%.
  • Robust operating efficiency with EBITDA margins maintained at 13.0%.
  • Disciplined balance sheet with a manageable debt-to-equity ratio of 0.41x.

RHP Risk Factors & Red Flags

  • Working capital intensity: Timely cash flows depend on customer collection cycles.
  • Revenue concentration: Significant portion of revenues originates from top client engagements.
  • Raw material and operational cost sensitivity due to prevailing inflation dynamics.
BrokerLens Quantitative Assessment

Priced in line with established listed peers at 29.1x P/E against the industry benchmark of 31.0x.

IPO Lot Size & Investment Sizing (SEBI Categories)

Application categories, lot quantities, and required UPI mandate allocation amounts:

Application Category Lots Shares Amount (at Cut-Off Rs 130) Category Notes
Retail Minimum (1 Lot) 1 Lot 112 shares Rs 14,560 Guaranteed lottery allotment chance if oversubscribed
Retail Maximum 13 Lots 1456 shares Rs 189,280 Maximum allowed under SEBI Rs 2 Lakh retail ceiling
Small HNI (sNII) Min 14 Lots 1568 shares Rs 203,840 Applications between Rs 2 Lakh and Rs 10 Lakh
Big HNI (bNII) Min 69 Lots 7728 shares Rs 1,004,640 Institutional HNI applications above Rs 10 Lakh

How to Apply for Srit India Limited IPO Online via UPI

Step-by-step UPI application walkthroughs across India's leading SEBI-registered brokers:

Apply on Zerodha Kite →Apply on Groww →Apply on Angel One →Apply on Upstox →Apply on Dhan →

Check Official Srit India Limited Allotment Status Online

Direct allotment search portals across India's primary registrar platforms (PAN / Application / DP Client ID):

Link Intime →KFintech →Bigshare Services →Skyline RTA →BrokerLens Allotment Guide →

Apply for IPOs online with top SEBI-registered brokers

Open a free Demat account in 5 minutes with India's leading brokers and submit your IPO bid seamlessly via UPI.

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Frequently Asked Questions

What is the retail lot size and minimum investment for Srit India Limited IPO?

The retail lot size for Srit India Limited IPO is 112 shares. At the cut-off price of Rs 130 per share, the minimum retail investment is Rs 14,560. Retail investors can apply for up to 13 lots (Rs 189,280) within the SEBI Rs 2 Lakh ceiling.

What are the key financial metrics disclosed in the Srit India Limited RHP?

According to the Red Herring Prospectus (RHP) filed with SEBI, Srit India Limited reported operating revenue of Rs 151.0 Crores with a 3-year CAGR of 17.0%. The company generated an EBITDA of Rs 19.6 Crores (13.0% margin) and net profit (PAT) of Rs 10.6 Crores (7.0% margin).

What is the valuation and P/E ratio of Srit India Limited IPO?

At the upper price band of Rs 130, Srit India Limited is valued at a Price-to-Earnings (P/E) multiple of 29.1x based on trailing earnings. This compares with an industry peer benchmark average of 31.0x.

How did Srit India Limited perform on its listing day?

Srit India Limited has not listed on the exchange yet. Listing performance and opening prices will be published immediately following the official exchange listing date.

Does BrokerLens display grey market premium (GMP) for Srit India Limited?

No. Grey Market Premium (GMP) is an unregulated, off-exchange informal estimate that operates without regulatory oversight. BrokerLens publishes strictly verified, exchange-disclosed data, RHP audited financials, and SEBI-compliant facts.

Is investing in Srit India Limited IPO recommended by BrokerLens?

No. BrokerLens does not provide investment advice or stock recommendations. Our platform provides unbiased, quantitative analysis of RHP disclosures, valuation multiples, and exchange subscription numbers to help investors evaluate risk objectively.