SRIT India IPO Subscription Status
Final figures at close of bidding: 6 Oct 2026, 6:30 pm IST
| Category | Subscription |
|---|---|
| QIB | 91.84x |
| NII | 312.99x |
| sNII (₹2L–₹10L) | 227.37x |
| bNII (above ₹10L) | 355.8x |
| Retail (RII) | 63.7x |
| Total | 125.16x |
Bidding day 3
Day-wise subscription
| Day | QIB | sNII | bNII | Retail | Total |
|---|---|---|---|---|---|
| Day 1 | 0x | 1.65x | 0.53x | 1.61x | 1x |
| Day 2 | 0.03x | 8.53x | 3.61x | 6.05x | 4.16x |
| Day 3 | 91.84x | 227.37x | 355.8x | 63.7x | 125.16x |
Times subscribed per category (bids vs shares offered, anchor portion excluded). Bidding has closed — these are the final figures.
How the book filled
Day-by-day demand
Bidding in the SRIT India IPO ran across 3 recorded days: overall subscription stood at 1× at the close of day 1, read 4.16× at the end of day 2, and finished at 125.16× on day 3. On the final day it was non-institutional investors (NII) driving the book, at 312.99× of the shares set aside for the category. More than half of the final demand arrived after day 1 — a late-building book. The largest single-day addition came on day 3, when the overall multiple moved from 4.16× to 125.16×.
Category detail
Institutional demand closed at 91.84× of the QIB quota. Non-institutional investors came in at 312.99×, split 227.37× in the small-NII bucket (bids under ₹10 lakh) and 355.8× among big NIIs (above ₹10 lakh). Within the NII book, the bigger ₹10-lakh-plus bids outpaced the smaller applications. Retail investors put in bids for 63.7× the shares reserved for them. That puts non-institutional investors (NII) at the top of the book at 312.99× and retail investors at the bottom at 63.7×.
What the multiple means for allotment
A retail multiple of 63.7× means bids in the category outnumbered the shares set aside for it roughly 63.7 times over. When a retail book is oversubscribed, the registrar does not allot proportionately — allotment runs as a computerised lottery among all valid applications, with each successful application receiving at least one lot of 115 shares — ₹14,950 of stock at the upper band. The multiple above is the data point that determines how thinly that draw is spread; it describes the final book, not the outcome of any single application.
Frequently asked questions
- When does the SRIT India IPO open and close?
- The SRIT India IPO opens on 28 Sept 2026 and closes on 30 Sept 2026.
- How many times was the SRIT India IPO subscribed?
- The SRIT India IPO was subscribed 125.16 times in total across all investor categories.
- What is the reservation split in the SRIT India IPO?
- Of the total shares offered, retail investors get 35%, QIBs 20% (plus 30% anchor), non-institutional investors 15%.