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SRIT India IPO GMP is attracting attention from investors as the initial public offering enters its final day of subscription on September 30, 2026. The IPO opened on September 28 and is scheduled to close today, with the company looking to raise ₹218.40 crore through a fresh issue.
The latest grey market data shows that the SRIT India IPO GMP is around ₹31–₹33 per share, depending on the source and time of update. Based on a ₹130 upper price band, the GMP indicates an unofficial estimated listing price in the range of approximately ₹161–₹163. However, grey market premiums are unofficial indicators and do not guarantee the actual listing price.
SRIT India IPO GMP Today: Top Headlines
- SRIT India IPO opened for subscription on September 28, 2026.
- The IPO closes on September 30.
- Price band has been fixed at ₹123 to ₹130 per share.
- Latest reported GMP is around ₹31–₹33.
- GMP implies an indicative premium of roughly 24%–25% over the upper price band.
- The issue size is ₹218.40 crore.
- One IPO lot contains 115 shares.
- Minimum investment at the upper price band is ₹14,950.
- Shares are scheduled to list on NSE and BSE on October 6.
- Allotment is expected on October 1.
What Is the SRIT India IPO GMP Today?
The grey market premium (GMP) represents the premium at which IPO shares are informally traded before their official stock-market listing. On September 30, reports showed the SRIT India IPO commanding a GMP of approximately ₹33, or about 25%, over the ₹130 upper price band. Another live tracker reported ₹31, showing why GMP figures can vary between sources and throughout the day.
At a ₹33 GMP, the arithmetic implied listing price would be around ₹163 per share if the premium were maintained through listing. Investors should remember that this is only a grey-market indication, not an exchange-set price or guaranteed return.
SRIT India IPO Price Band and Lot Size
The company has fixed the IPO price band at ₹123 to ₹130 per share. The issue is a mainboard offering consisting entirely of a fresh issue of approximately 1.68 crore shares.
The minimum application size is 115 shares. At the upper price of ₹130 per share, one lot requires an investment of ₹14,950.
Key SRIT India IPO Details
- IPO Name: SRIT India Limited
- Issue Type: Mainboard IPO
- IPO Price Band: ₹123–₹130
- Issue Size: ₹218.40 crore
- Fresh Issue: 1.68 crore shares
- Lot Size: 115 shares
- Minimum Investment: ₹14,950
- IPO Opening Date: September 28, 2026
- IPO Closing Date: September 30, 2026
- Allotment Date: October 1, 2026
- Expected Listing Date: October 6, 2026
- Exchanges: NSE and BSE
- Registrar: KFin Technologies
SRIT India IPO Subscription Status
The IPO has received substantial interest during the subscription period. According to Economic Times data available after Day 2, the issue was subscribed 4.16 times overall as of September 29.
The retail investor portion was subscribed about 6.04 times, while the non-institutional investor category was subscribed approximately 5.25 times. The QIB portion, excluding anchor investors, was still at a much lower level at that point. Subscription numbers can change on the final day as investors continue to submit bids.
SRIT India IPO Listing Date and Allotment
According to the IPO timeline, the basis of allotment is scheduled for October 1, followed by refund initiation and demat credit on October 5. The shares are expected to begin trading on October 6, 2026, subject to the applicable listing process.
Investors who receive an allotment can expect the shares to be credited to their demat accounts before the scheduled listing.
Why Is SRIT India IPO GMP Important?
The SRIT India IPO GMP has become a major search trend because investors often use grey-market activity as one informal indicator of market sentiment before listing.
However, GMP should not be considered a prediction of the final listing price. Grey-market transactions take place outside the regulated stock exchanges, and premiums can rise or fall significantly before listing.
Investors should therefore consider the company’s financial performance, valuation, business prospects, IPO subscription data and broader market conditions rather than relying on GMP alone.
SRIT India IPO Latest Update
The SRIT India IPO closes on September 30, 2026, making today the final opportunity to submit applications during the scheduled subscription period. With the latest reported GMP around ₹31–₹33, market attention remains focused on subscription figures, allotment and the eventual NSE and BSE listing.
The next major milestones are the October 1 allotment and the expected October 6 listing. GMP figures may continue to change before the shares begin trading officially.
