Srit India Limited
Capital Goods & Infrastructure • Total Issue: ₹218 Cr
Category-Wise Subscription Breakdown
Final cumulative subscription · Overall 125.16x
Valuation Multiples & Key Ratios
Sector Valuation Anchors & Multiples
Comparing Srit India Limited asking multiples against official 10-year historical sector norms for Capital Goods & Infrastructure.
“Robust sovereign capital outlay and multi-year order backlogs support elevated multiples.”
Grey Market Premium (GMP) History
Real-time multi-observation premium trend line and daily price movements.
IPO Timeline & Schedule
KFin Technologies Limited
About Srit India Limited
SRIT India is an Information Technology and Information Technology-enabled Services solutions company offering digital solutions and system automation through custom application development and integration services. The company executes large-scale, mission-critical projects primarily for central and state government bodies, alongside enterprise clients across India and international markets. Its core operations are organized into three primary verticals: electronic governance, healthcare, and telecommunications and broadband. Revenue is predominantly generated by participating in competitive bidding processes to secure tender-driven contracts from government entities, which account for a substantial majority of its business. The company’s business model involves executing turnkey projects, often partnering with third-party technology companies to deliver bundled, integrated solutions and utilizing sub-contractors for specialized tasks. Furthermore, it provides customized solutions tailored to the specific needs and regulatory environments of each industry it serves.
Key Business Strengths
- Established relationships with key government and enterprise clients.
- Proven track record of executing large-scale, turnkey digital projects.
- Specialized IT solutions for e-governance, healthcare, and telecom.
- Integration of emerging technologies like AI, IoT, and cloud services.
- Strategic partnerships for delivering bundled technology solutions.
Key Risks & Challenges
- Highly dependent on competitive government tenders for revenue.
- Top ten customers account for a substantial majority of revenue.
- Working capital-intensive operations pose liquidity constraints.
- Heavy reliance on third-party sub-contractors and OEMs.
- Order Book projects are subject to cancellations, modifications, or delays.
Transparency & Informational Notice
Grey Market Premium (GMP) is unofficial, unregulated market pricing gathered from market participants and brokers. It is provided for educational and observation purposes only and does not represent guaranteed listing price or investment advice.