The SRIT India IPO GMP stood at ₹33 on the final bidding day.
Based on the upper IPO price of ₹130 and the reported GMP of ₹33, the indicated grey-market price was around ₹163 per share.
That represents an indicative premium of approximately 25.38% over the upper IPO price.
However, GMP is an unofficial grey-market indicator and does not guarantee the actual listing price.
SRIT India IPO Subscription
SRIT India’s IPO was subscribed 18.74 times overall.
The Non-Institutional Investor (NII) category recorded the strongest subscription at 45.91 times, according to the figures cited in the report.
Over the previous eight sessions, SRIT India’s GMP reportedly increased from ₹12 to ₹33, a rise of ₹21.
SRIT India IPO Details
| Particular | Details |
|---|---|
| IPO Size | ₹218.40 crore |
| Issue Type | Fresh Issue |
| Price Band | ₹123–₹130 |
| Upper Price | ₹130 |
| Lot Size | 115 shares |
| Minimum Retail Investment | ₹14,950 |
| GMP | ₹33 |
| Indicative GMP Price | ₹163 |
| Overall Subscription | 18.74x |
| Expected Allotment | 1 October 2026 |
| Tentative Listing | 6 October 2026 |
| Exchanges | NSE & BSE |
The issue consists entirely of a fresh issue of approximately 1.68 crore shares, with no Offer for Sale (OFS) component.
Choice Capital Advisors Pvt Ltd is the book-running lead manager, while KFin Technologies Ltd is the registrar.
Shah Investor’s Home IPO GMP Today
The Shah Investor’s Home IPO GMP was reported at ₹15 on the final subscription day.
Against the upper IPO price of ₹167, the reported GMP indicated a grey-market price of around ₹182 per share.
This represents an indicative premium of approximately 8.98% over the upper end of the IPO price band.
As with all GMP figures, this is an unofficial market indication and should not be treated as a guaranteed listing price.
Shah Investor’s Home IPO Subscription
The Shah Investor’s Home IPO closed with an overall subscription of 3.74 times.
The NII category was subscribed 7.68 times, making it the strongest subscribing category based on the figures in the report.
The IPO’s GMP remained relatively stable during the previous eight sessions, with reported fluctuations limited to around ₹5.
Shah Investor’s Home IPO Details
| Particular | Details |
|---|---|
| IPO Size | ₹90.17 crore |
| Issue Type | Fresh Issue |
| Price Band | ₹159–₹167 |
| Upper Price | ₹167 |
| Lot Size | 85 shares |
| Minimum Retail Investment | ₹14,195 |
| GMP | ₹15 |
| Indicative GMP Price | ₹182 |
| Overall Subscription | 3.74x |
| Expected Allotment | 1 October 2026 |
| Tentative Listing | 6 October 2026 |
| Exchanges | NSE & BSE |
The issue comprises a fresh issue of approximately 53.99 lakh shares.
Beeline Capital Advisors Pvt Ltd is the book-running lead manager, while MUFG Intime India Pvt Ltd is the registrar.
SRIT India vs Shah Investor’s Home IPO
The two IPOs showed different subscription and GMP figures on the final bidding day.
| Metric | SRIT India | Shah Investor’s Home |
|---|---|---|
| IPO Size | ₹218.40 crore | ₹90.17 crore |
| Price Band | ₹123–₹130 | ₹159–₹167 |
| GMP | ₹33 | ₹15 |
| Indicative Price | ₹163 | ₹182 |
| Indicative Premium | 25.38% | 8.98% |
| Overall Subscription | 18.74x | 3.74x |
| NII Subscription | 45.91x | 7.68x |
| Expected Allotment | 1 Oct | 1 Oct |
| Tentative Listing | 6 Oct | 6 Oct |
The figures show that the reported GMP and subscription levels were different for the two issues. GMP reflects unofficial grey-market activity and can change before listing, so it should not be considered a definitive indicator of the eventual listing price.
When Will SRIT India and Shah Investor’s Home IPO Allotment Be Finalised?
The allotment basis for both IPOs is expected to be finalised on 1 October 2026.
Investors can check their allotment status once it is made available through the respective registrar and exchange platforms.
When Will the IPO Shares List?
Both IPOs are tentatively scheduled to make their stock-market debut on 6 October 2026, subject to the proposed timeline.
The actual listing price will be determined by market trading when the shares begin trading on the exchanges.
What Does IPO GMP Mean?
Grey Market Premium (GMP) is an unofficial premium at which IPO shares may trade in the grey market before their official stock-market listing.
For example, if an IPO has an upper price of ₹130 and its GMP is ₹33, the commonly cited indicative price would be:
₹130 + ₹33 = ₹163
However, GMP is not an official exchange price and can change quickly based on market sentiment, demand and other factors.
The actual listing price can therefore be different from the price indicated by GMP.
IPO Listing Date and Allotment Timeline
For both SRIT India and Shah Investor’s Home, the reported timeline is:
30 September 2026: IPO subscription closes
1 October 2026: Expected allotment finalisation
6 October 2026: Tentative NSE/BSE listing
Investors should verify the final dates through official exchange and registrar communications.
