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SRIT India IPO GMP jumps to +33 ahead of 6 October listing
SRIT India’s estimated grey market listing price is ₹163, implying a 25.4% premium over its ₹130 issue price, while the Shah Investor’s Home IPO shows a +15 GMP.
Two Indian IPOs, SRIT India and Shah Investor’s Home, closed their subscription on 30 September 2026, with allotment expected to be finalized on 1 October and listing scheduled for 6 October, subject to the proposed timelines, according to LiveMint Markets.
SRIT India’s IPO was subscribed 18.74 times so far, driven by non-institutional investors at 45.91 times, while Shah Investor’s Home was subscribed 3.74 times with NIIs leading at 7.68 times, as per BSE data.
The SRIT India IPO grey market premium, or GMP, is at +33, and using the upper end of the IPO price band and the current grey market premium, the estimated listing price is indicated at ₹163 per share, 25.38% higher than the IPO price of ₹130.
Over the past eight sessions, SRIT India’s IPO GMP rose from ₹12 to ₹33, a net gain of ₹21, with an upward trend seen in about 57% of sessions, reflecting a positive shift in grey market sentiment, the outlet said.