The initial public offerings (IPOs) of SRIT India and Shah Investor’s Home entered their final day of bidding on Wednesday, September 30, 2026.
In the grey market, the SRIT India IPO is commanding a premium of Rs 33, or 25%, over its upper price band of Rs 130 per share. At the current GMP, the estimated listing price stands at around Rs 163 per share.
Meanwhile, Shah Investor’s Home is commanding a GMP of Rs 14, or around 8%, over its upper price band of Rs 167 per share, indicating an estimated listing price of around Rs 181 per share.
On the second day of bidding, the SRIT India IPO was subscribed 4.16 times, while the Shah Investor’s Home IPO was subscribed 1.10 times.
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SRIT India IPO
The SRIT India IPO is a Rs 218.40-crore book-built issue comprising an entirely fresh issue of 1.68 crore shares. There is no offer-for-sale (OFS) component.
The IPO has a price band of Rs 123–Rs 130 per share, with a lot size of 115 shares. Retail investors are required to apply for a minimum of 115 shares, translating into a minimum investment of Rs 14,950 at the upper end of the price band.
The basis of allotment is expected to be finalised on October 1, 2026, while the shares are scheduled to list on both the NSE and BSE on October 6, 2026, subject to the proposed timeline.
Choice Capital Advisors Pvt. Ltd. is the book-running lead manager to the issue, while KFin Technologies Ltd. is the registrar.
SRIT India IPO subscription status
The SRIT India IPO was subscribed 4.16 times on Day 2 against 1.17 crore shares, according to NSE data.
- Retail Individual Investors (RIIs): 6.04 times against 58.80 lakh shares
- Non-Institutional Investors (NIIs): 5.25 times against 25.20 lakh shares
- Qualified Institutional Buyers (QIIs): 3% against 33.60 lakh shares
SRIT India IPO GMP today
The latest grey market premium (GMP) for the SRIT India IPO stands at Rs 33, or 25%, over the upper price band of Rs 130 per share.
Based on the current GMP, the estimated listing price is around Rs 163 per share. However, GMP is an unofficial and unregulated indicator and can change before listing. The actual listing price may differ from the GMP-based estimate.
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Shah Investor’s Home IPO
The Shah Investor’s Home IPO is a book-built issue worth Rs 90.17 crore, comprising an entirely fresh issue of 53.99 lakh shares. The IPO will remain open for subscription until September 30, 2026.
The basis of allotment is expected to be finalised on October 1, while the shares are tentatively scheduled to list on the NSE and BSE on October 6, 2026.
The company has fixed the IPO price band at Rs 159–Rs 167 per share. The lot size is 85 shares, requiring retail investors to invest a minimum of Rs 14,195 at the upper end of the price band.
Beeline Capital Advisors Pvt. Ltd. is the book-running lead manager for the issue, while MUFG Intime India Pvt. Ltd. is the registrar.
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Shah Investor’s Home IPO GMP today
The latest available GMP for Shah Investor’s Home stands at Rs 14, or around 8%, over the upper price band of Rs 167 per share.
Based on the current GMP, the estimated listing price is around Rs 181 per share. It is important to note that the grey market premium is an unofficial indicator and may change before the shares are listed. It should not be considered a guarantee of the actual listing price.
Shah Investor’s Home IPO subscription status
The Shah Investor’s Home IPO was subscribed 1.10 times against 37.39 lakh shares by the end of the second day of subscription, according to NSE data.
- Retail Individual Investors (RIIs): 90% against 18.89 lakh shares
- Non-Institutional Investors (NIIs): 1.59 times against 8.09 lakh shares
- Qualified Institutional Buyers (QIIs): 1.08 times against 10.79 lakh shares
