SRIT India IPO
SRIT India IPO is a mainboard IPO raising ₹218 Cr at ₹123 – ₹130 a share. It listed on 6 Oct 2026 at ₹148, +13.8% against its issue price of ₹130, and trades at ₹108 today (−16.9% since issue). It was subscribed 125× in total.
125.2 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 33,60,000 | 30,85,70,990 | 92× |
| Foreign Institutional Investors | no separate quota | 3,54,14,825 | n/a |
| Domestic Financial Institutions | no separate quota | 14,18,16,850 | n/a |
| Mutual funds | no separate quota | 53,94,305 | n/a |
| Others | no separate quota | 12,59,45,010 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 25,20,000 | 78,87,35,205 | 313× |
| Non Institutional Investors | 16,80,000 | 59,77,40,330 | 356× |
| Corporates | no separate quota | 39,12,185 | n/a |
| Individuals | no separate quota | 57,77,92,775 | n/a |
| Others | no separate quota | 1,60,35,370 | n/a |
| Non Institutional Investors | 8,40,000 | 19,09,94,875 | 227× |
| Corporates | no separate quota | 4,80,815 | n/a |
| Individuals | no separate quota | 18,59,99,275 | n/a |
| Others | no separate quota | 45,14,785 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 58,80,000 | 37,45,79,610 | 64× |
| Cut Off | no separate quota | 32,50,48,535 | n/a |
| Price bids | no separate quota | 4,95,31,075 | n/a |
| Total | 1,17,60,000 | 1,47,18,85,805 | 125× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 30 Sept, 08:48 pm IST.
Where the bids landed
Demand barely changes across the price band — bidders were not price-sensitive. 22% of the book was bid at cut-off — investors who accept whatever price is set.
Cumulative shares bid for at each price, across both exchanges. “Cut-off” means the investor accepts whatever final price is set — mostly small retail applications. A band where demand barely changes between the low and high price tells you bidders were not price-sensitive.
How demand built
Our own series — the exchanges publish a running total and never a history.26 readings held.
Institutions typically enter the book on the final day, which is why a day-one subscription figure tells you very little.